BMO Capital Markets gives a Market perform recommendation for Pinnacle West Capital Corp (PNW)

In a filing, Pinnacle West Capital Corp revealed its VP, Finance and Planning Mountain Paul J unloaded Company’s shares for reported $0.14 million on May 06 ’25. In the deal valued at $93.93 per share,1,503 shares were sold. As a result of this transaction, Mountain Paul J now holds 3,421 shares worth roughly $0.31 million.

Then, Mountain Family Trust/Paul J. bought 1,503 shares, generating $144,147 in total proceeds.

Before that, Tetlow Jacob sold 2,272 shares. Pinnacle West Capital Corp shares valued at $212,232 were divested by the EVP, COO, APS at a price of $93.41 per share. As a result of the transaction, Tetlow Jacob now holds 56 shares, worth roughly $5127.360000000001.

BMO Capital Markets initiated its Pinnacle West Capital Corp [PNW] rating to a Market perform in a research note published on May 13, 2025; the price target was $95. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who increased its forecast for the stock in early December from “a Sector weight” to “an Overweight”. Barclays also remained covering PNW and has decreased its forecast on November 18, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Jefferies started covering the stock on September 20, 2024. It rated PNW as “a Buy”.

Price Performance Review of PNW

On Tuesday, Pinnacle West Capital Corp [NYSE:PNW] saw its stock jump 0.89% to $91.56. Over the last five days, the stock has lost -0.99%. Pinnacle West Capital Corp shares have risen nearly 8.01% since the year began. Nevertheless, the stocks have risen 17.73% over the past one year. While a 52-week high of $96.50 was reached on 04/03/25, a 52-week low of $74.45 was recorded on 01/13/25. SMA at 50 days reached $92.81, while 200 days put it at $89.54.

Levels Of Support And Resistance For PNW Stock

The 24-hour chart illustrates a support level at 90.96, which if violated will result in even more drops to 90.37. On the upside, there is a resistance level at 91.98. A further resistance level may holdings at 92.41. The Relative Strength Index (RSI) on the 14-day chart is 48.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.30%. Stochastics %K at 52.27% indicates the stock is a holding.

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