Pinnacle West Capital Shareholders Approve Key Proposals

Pinnacle West Capital ( (PNW) ) has shared an announcement.

On May 21, 2025, Pinnacle West Capital Corporation held its Annual Meeting of Shareholders, where five key proposals were voted on. The shareholders elected eleven directors for one-year terms, approved executive compensation, ratified Deloitte & Touche LLP as the independent accountant for 2025, and agreed to amend the company’s articles to increase authorized common stock. However, a proposal to improve special shareholder meetings was rejected.

The most recent analyst rating on (PNW) stock is a Hold with a $95.00 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 demonstrates solid financial health with strengths in revenue growth and profitability. The valuation is reasonable, supported by a steady dividend yield. Despite financial challenges noted in the earnings call, the company’s strategic investments and positive regulatory outlook provide a balanced perspective. The technical analysis indicates a neutral trend, supporting a moderate score.

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

More about Pinnacle West Capital

Pinnacle West Capital Corporation operates in the energy sector, primarily focusing on providing electricity services. The company is a major utility provider, serving a broad customer base and playing a significant role in the energy market.

Average Trading Volume: 1,274,113

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.05B

Learn more about PNW stock on TipRanks’ Stock Analysis page.