Headquartered in Phoenix, AZ Fiscal year ends December NYSE: PNW pinnaclewest.com
Pinnacle West Capital Corp. is an energy holding company with consolidated assets of about $32.6 billion. Through its principal subsidiary, Arizona Public Service Co. (APS), the company provides regulated retail electricity service to approximately 1.5 million homes and businesses across Arizona. APS operates approximately 6,200 megawatts of generating capacity, including nuclear (Palo Verde), coal, natural gas, and renewable energy resources, and employs approximately 6,600 people in Arizona and New Mexico. The company is experiencing significant load growth driven by data center expansion, semiconductor manufacturing (including TSMC's $265 billion commitment), and broader economic development in the Phoenix metropolitan area. APS is investing heavily in generation, transmission, and distribution infrastructure to meet growing demand, including plans to convert retired coal units to natural gas and develop over $6 billion in transmission projects through 2035. Updated
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Pinnacle West Capital Corp. is an energy holding company with consolidated assets of about $32.6 billion. Through its principal subsidiary, Arizona Public Service Co. (APS), the company provides regulated retail electricity service to approximately 1.5 million homes and businesses across Arizona.
24/7 Wall St.'s 12-month price target for PNW is $112.07, rated Buy. The Wall Street consensus target is $102.93. PNW price prediction →
