Pinnacle West Capital

PNW

Market cap $12.2B

Investors interested in Utility - Electric Power stocks are likely familiar with ENGIE - Sponsored ADR (ENGIY) and Pinnacle West (PNW). But which of these two companies is the best option for those looking for undervalued stocks?

FirstEnergy's earnings outlook, ROE and $36B capex plan give it an edge in a utility head-to-head for 2026.

NextEra Energy's (NYSE: NEE | NEE Price Prediction) agreement to acquire Dominion Energy (NYSE: D) in a roughly $67 billion all-stock deal has investors hunting for the next big utility consolidation targets.

Pinnacle West (PNW) is upgraded from sell to hold as shares approach fair value after a strong technical breakout and solid Q1 results. PNW delivered Q1 GAAP EPS of $0.27 and revenue of $1.15B, beating expectations, with robust 9.4% retail sales growth driven by 14.6% C&I demand. Management reaffirmed FY 2026 EPS guidance of $4.55–$4.75 and targets 5–7% long-term EPS growth, supported by $10.4B capex through 2028.

Pinnacle West Capital Corporation (PNW) Q1 2026 Earnings Call Transcript

PNW beats Q1 earnings estimates as revenues rise 11% year over year and the company reaffirms its 2026 earnings outlook.

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Pampa Energia (PAM) and Pinnacle West (PNW). But which of these two stocks presents investors with the better value opportunity right now?

Pinnacle West (PNW) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to a loss of $0.04 per share a year ago.

PHOENIX--(BUSINESS WIRE)--Pinnacle West reports first-quarter 2026 financial results driven by hotter-than-normal weather.

Pinnacle West (PNW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.