Pinnacle West Capital Corporation (PNW) has announced a range of important company developments and financial results. Ahead of the release of first-quarter financial results for 2025, this major Arizona utility has set its sights on a portfolio comprising 6,500MW. Growing electricity demand in Arizona has driven company investments. Irrespective of a minor adjustment, Jefferies still maintains a
Buy rating on their stock. This company, which recently appointed a CEO replacement, hit a 52-week high amid strong growth and declared a
quarterly dividend. Q4 2024 results saw the company maneuvering through challenges, and Q3 2024 was no different. Leadership successions and board appointments reflect
positive internal development. They reported a marginal Q4 loss and beat revenue estimates.
Strong growth is on the horizon for Pinnacle West, as evidenced by its rising relative strength. Wall Street's target price for Pinnacle West stock is being adjusted, indicating either bullish or bearish sentiments. Finally, Pinnacle West is making progress towards a clean energy future, in addition to announcing proposed public offerings and executive management changes.
Pinnacle West Capital Corporation PNW News Analytics from Thu, 21 May 2009 18:50:38 GMT to Fri, 04 Apr 2025 13:43:23 GMT -
Rating 5
- Innovation 2
- Information 6
- Rumor -4
