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Pinnacle West Capital Amends Forward Sale Agreements

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Pinnacle West Capital Amends Forward Sale Agreements

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An announcement from Pinnacle West Capital ( (PNW) ) is now available.

On August 28, 2025, Pinnacle West Capital Corporation amended its forward sale agreements with Wells Fargo Bank, initially dated February 28 and 29, 2024. The amendment sets a new settlement date for the share forward transactions to December 31, 2026, impacting the company’s financial operations and potentially its market strategy.

The most recent analyst rating on (PNW) stock is a Hold with a $96.00 price target. To see the full list of analyst forecasts on Pinnacle West Capital stock, see the PNW Stock Forecast page.

Spark’s Take on PNW Stock

According to Spark, TipRanks’ AI Analyst, PNW is a Neutral.

Pinnacle West Capital’s overall score reflects solid financial performance with stable profitability and revenue growth. However, increased leverage and negative free cash flow are concerns. Technical indicators suggest weak momentum, while valuation metrics are favorable with a strong dividend yield. The earnings call provided a balanced view with positive growth initiatives offset by some financial challenges.

To see Spark’s full report on PNW stock, click here.

More about Pinnacle West Capital

Average Trading Volume: 1,165,867

Technical Sentiment Signal: Buy

Current Market Cap: $10.67B

For a thorough assessment of PNW stock, go to TipRanks’ Stock Analysis page.

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