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Pinnacle Financial Partners (PNFP) Stock Forecast, Price Target & Predictions

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PNFP Stock Forecast

Pinnacle Financial Partners stock forecast is as follows: an average price target of $108.80 (represents a -11.15% downside from PNFP’s last price of $122.46) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

PNFP Price Target

The average price target for Pinnacle Financial Partners (PNFP) is $108.80 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $123.00 to $98.00. This represents a potential -11.15% downside from PNFP's last price of $122.46.

PNFP Analyst Ratings

Buy

According to 8 Wall Street analysts, Pinnacle Financial Partners's rating consensus is 'Buy'. The analyst rating breakdown for PNFP stock is 0 'Strong Buy' (0.00%), 5 'Buy' (62.50%), 2 'Hold' (25.00%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).

Pinnacle Financial Partners Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2024Benjamin GerlingerCitigroup$123.00$105.4716.62%0.44%
Oct 17, 2024Jared ShawBarclays$108.00$105.472.40%-11.81%
Oct 16, 2024Jennifer DembaTruist Financial$113.00$100.5312.40%-7.72%
Sep 26, 2024Jared ShawBarclays$101.00$95.545.71%-17.52%
Jul 18, 2024Jared ShawBarclays$97.00$93.973.22%-20.79%
Jul 17, 2024Stephen ScoutenPiper Sandler$98.00$93.974.29%-19.97%
May 23, 2024Matt OlneyStephens$102.00$80.6426.49%-16.71%
Apr 20, 2022-Stephens$104.00$87.4918.87%-15.07%
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The latest Pinnacle Financial Partners stock forecast, released on Oct 17, 2024 by Benjamin Gerlinger from Citigroup, set a price target of $123.00, which represents a 16.62% increase from the stock price at the time of the forecast ($105.47), and a 0.44% increase from PNFP last price ($122.46).

Pinnacle Financial Partners Price Target by Period

1M3M12M
# Anlaysts-47
Avg Price Target-$111.25$106.00
Last Closing Price$122.46$122.46$122.46
Upside/Downside-100.00%-9.15%-13.44%

In the current month, the average price target of Pinnacle Financial Partners stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Pinnacle Financial Partners's last price of $122.46. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 17, 2024Wells FargoBuyBuyHold
Oct 17, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 17, 2024CitigroupBuyBuyHold
Oct 17, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 16, 2024Truist FinancialBuyBuyHold
Sep 26, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 20, 2024Truist FinancialBuyBuyHold
Jul 18, 2024Truist FinancialBuyBuyHold
Jul 18, 2024StephensUnderperformUnderperformHold
Jul 18, 2024CitigroupBuyBuyHold
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Pinnacle Financial Partners's last stock rating was published by Wells Fargo on Oct 17, 2024. The company gave PNFP a "Buy" rating, the same as its previous rate.

Pinnacle Financial Partners Financial Forecast

Pinnacle Financial Partners Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$709.23M$382.99M$462.31M$382.68M$380.78M$369.25M$340.61M$309.32M$291.67M$294.87M$282.18M$271.61M$261.48M$257.15M$239.75M$230.47M$231.27M$233.90M
Avg Forecast$583.10M$572.26M$549.66M$523.93M$522.13M$510.07M$490.05M$472.21M$470.24M$457.91M$433.05M$420.91M$416.97M$418.58M$414.64M$419.22M$429.43M$401.40M$364.62M$347.70M$333.71M$324.41M$317.68M$306.22M$300.29M$281.78M$274.19M$260.14M$262.64M$268.87M
High Forecast$592.45M$581.44M$558.48M$532.33M$530.50M$518.25M$497.90M$474.99M$475.64M$458.91M$433.05M$420.91M$424.20M$425.29M$421.29M$425.94M$436.32M$410.79M$373.15M$355.84M$341.52M$332.00M$325.11M$313.38M$307.31M$288.37M$280.61M$266.23M$268.78M$275.16M
Low Forecast$571.84M$561.21M$539.05M$513.81M$512.05M$500.22M$480.58M$466.39M$461.43M$456.92M$433.05M$420.91M$409.57M$410.50M$406.63M$411.12M$421.14M$389.08M$353.44M$337.03M$323.47M$314.46M$307.93M$296.82M$291.07M$273.13M$265.78M$252.16M$254.58M$260.62M
# Analysts4444333563548454435364647871096
Surprise %------------1.70%0.91%1.11%0.91%0.89%0.92%0.93%0.89%0.87%0.91%0.89%0.89%0.87%0.91%0.87%0.89%0.88%0.87%

Pinnacle Financial Partners's average Quarter revenue forecast for Mar 24 based on 4 analysts is $420.91M, with a low forecast of $420.91M, and a high forecast of $420.91M. PNFP's average Quarter revenue forecast represents a -40.65% decrease compared to the company's last Quarter revenue of $709.23M (Dec 23).

Pinnacle Financial Partners EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333563548454435364647871096
EBITDA------------$1.75M$169.75M$247.68M$366.87M$308.58M$277.53M$242.49M$207.15M$200.45M$205.30M$201.48M$196.74M$183.08M$190.74M$135.57M$106.43M$196.78M$219.26M
Avg Forecast$297.97M$292.44M$280.89M$267.73M$266.82M$260.66M$250.42M$241.30M$240.30M$234.00M$221.30M$235.86M$213.08M$213.90M$211.89M$214.42M$202.35M$170.98M$155.31M$169.50M$142.15M$138.18M$135.32M$165.60M$127.91M$120.03M$116.79M$157.82M$111.87M$114.52M
High Forecast$302.75M$297.13M$285.39M$272.03M$271.10M$264.84M$254.44M$242.73M$243.06M$234.51M$221.30M$283.03M$216.77M$217.33M$215.29M$257.30M$242.82M$174.98M$158.95M$203.40M$145.47M$141.42M$138.48M$198.73M$130.90M$122.83M$119.53M$189.38M$114.49M$117.20M
Low Forecast$292.22M$286.79M$275.46M$262.56M$261.66M$255.62M$245.58M$238.33M$235.80M$233.49M$221.30M$188.69M$209.30M$209.77M$207.80M$171.54M$161.88M$165.73M$150.55M$135.60M$137.78M$133.94M$131.17M$132.48M$123.98M$116.34M$113.21M$126.25M$108.44M$111.01M
Surprise %------------0.01%0.79%1.17%1.71%1.52%1.62%1.56%1.22%1.41%1.49%1.49%1.19%1.43%1.59%1.16%0.67%1.76%1.91%

4 analysts predict PNFP's average Quarter EBITDA for Mar 24 to be $235.86M, with a high of $283.03M and a low of $188.69M. This is 13370.15% upper than Pinnacle Financial Partners's previous annual EBITDA (Dec 23) of $1.75M.

Pinnacle Financial Partners Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333563548454435364647871096
Net Income------------$94.98M$132.60M$197.30M$137.27M$137.85M$148.66M$145.13M$129.11M$133.53M$136.58M$131.79M$125.43M$110.88M$110.64M$62.44M$28.36M$96.08M$110.52M
Avg Forecast$180.14M$179.63M$165.56M$152.00M$158.27M$152.57M$141.35M$133.19M$136.82M$136.16M$123.31M$170.50M$128.32M$130.61M$125.41M$155.00M$134.80M$145.63M$128.30M$122.53M$122.15M$118.71M$112.47M$105.58M$106.13M$84.22M$64.68M$42.05M$96.66M$103.26M
High Forecast$183.90M$183.38M$169.01M$155.16M$161.57M$155.75M$144.29M$137.75M$140.62M$136.52M$123.33M$204.60M$135.49M$133.33M$128.03M$186.00M$161.75M$150.06M$132.20M$147.04M$125.87M$122.32M$115.89M$126.69M$109.36M$86.78M$66.65M$50.46M$99.60M$106.40M
Low Forecast$175.62M$175.12M$161.40M$148.18M$154.30M$148.74M$137.80M$129.38M$133.77M$135.80M$123.30M$136.40M$113.97M$127.33M$122.26M$124.00M$107.84M$139.82M$123.18M$98.02M$117.28M$113.97M$107.98M$84.46M$101.90M$80.86M$62.10M$33.64M$92.81M$99.14M
Surprise %------------0.74%1.02%1.57%0.89%1.02%1.02%1.13%1.05%1.09%1.15%1.17%1.19%1.04%1.31%0.97%0.67%0.99%1.07%

Pinnacle Financial Partners's average Quarter net income forecast for Mar 24 is $170.50M, with a range of $136.40M to $204.60M. PNFP's average Quarter net income forecast represents a 79.52% increase compared to the company's last Quarter net income of $94.98M (Dec 23).

Pinnacle Financial Partners SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333563548454435364647871096
SG&A-------------$135.82M$138.11M$141.65M$139.38M$134.87M$131.37M$125.63M$139.97M$117.81M$115.59M$106.88M$118.72M$94.19M$78.10M$85.72M$107.06M$90.41M
Avg Forecast$209.09M$205.20M$197.10M$187.87M$187.23M$182.90M$175.72M$169.32M$168.62M$164.20M$155.28M$169.04M$149.52M$150.10M$148.68M$153.67M$141.30M$132.52M$120.38M$121.48M$110.18M$107.10M$104.88M$89.97M$99.14M$93.03M$90.53M$127.11M$86.71M$88.77M
High Forecast$212.44M$208.49M$200.26M$190.88M$190.23M$185.84M$178.54M$170.32M$170.56M$164.55M$155.28M$202.84M$152.11M$152.50M$151.07M$184.40M$169.56M$135.62M$123.20M$145.77M$112.75M$109.61M$107.34M$107.96M$101.46M$95.21M$92.64M$152.53M$88.74M$90.84M
Low Forecast$205.05M$201.24M$193.29M$184.24M$183.61M$179.37M$172.33M$167.24M$165.46M$163.84M$155.28M$135.23M$146.87M$147.20M$145.81M$122.94M$113.04M$128.46M$116.69M$97.18M$106.80M$103.82M$101.67M$71.97M$96.10M$90.18M$87.75M$101.69M$84.05M$86.04M
Surprise %-------------0.90%0.93%0.92%0.99%1.02%1.09%1.03%1.27%1.10%1.10%1.19%1.20%1.01%0.86%0.67%1.23%1.02%

Pinnacle Financial Partners's average Quarter SG&A projection for Dec 23 is $149.52M, based on 8 Wall Street analysts, with a range of $146.87M to $152.11M. The forecast indicates a 10.08% rise compared to PNFP last annual SG&A of $135.82M (Sep 23).

Pinnacle Financial Partners EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333563548454435364647871096
EPS------------$1.24$1.69$2.55$1.76$1.77$1.91$1.87$1.66$1.77$1.76$1.70$1.61$1.42$1.42$0.83$0.37$1.26$1.45
Avg Forecast$2.35$2.34$2.16$1.98$2.06$1.99$1.84$1.73$1.78$1.77$1.61$1.54$1.67$1.70$1.63$1.72$2.02$1.90$1.67$1.57$1.59$1.55$1.47$1.43$1.38$1.10$0.84$1.05$1.26$1.35
High Forecast$2.40$2.39$2.20$2.02$2.10$2.03$1.88$1.79$1.83$1.78$1.61$1.56$1.76$1.74$1.67$1.75$2.05$1.95$1.72$1.62$1.64$1.59$1.51$1.47$1.42$1.13$0.87$1.08$1.30$1.39
Low Forecast$2.29$2.28$2.10$1.93$2.01$1.94$1.80$1.69$1.74$1.77$1.61$1.52$1.48$1.66$1.59$1.67$1.99$1.82$1.60$1.51$1.53$1.48$1.41$1.37$1.33$1.05$0.81$1.01$1.21$1.29
Surprise %------------0.74%0.99%1.56%1.03%0.88%1.01%1.12%1.05%1.11%1.14%1.16%1.13%1.03%1.29%0.99%0.35%1.00%1.08%

According to 4 Wall Street analysts, Pinnacle Financial Partners's projected average Quarter EPS for Mar 24 is $1.54, with a low estimate of $1.52 and a high estimate of $1.56. This represents a 24.23% increase compared to PNFP previous annual EPS of $1.24 (Dec 23).

Pinnacle Financial Partners Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
UCBIUnited Community Banks$27.83$31.3312.58%Buy
RNSTRenasant$37.30$38.001.88%Buy
HOMBHome Bancshares, Inc. (Conway, AR)$30.75$30.00-2.44%Buy
WTFCWintrust Financial$133.63$129.14-3.36%Buy
TCBITexas Capital Bancshares$85.08$76.20-10.44%Buy
PNFPPinnacle Financial Partners$122.46$108.80-11.15%Buy

PNFP Forecast FAQ

Is Pinnacle Financial Partners a good buy?

Yes, according to 8 Wall Street analysts, Pinnacle Financial Partners (PNFP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 62.50% of PNFP's total ratings.

What is PNFP's price target?

Pinnacle Financial Partners (PNFP) average price target is $108.8 with a range of $98 to $123, implying a -11.15% from its last price of $122.46. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Pinnacle Financial Partners stock go up soon?

According to Wall Street analysts' prediction for PNFP stock, the company can go down by -11.15% (from the last price of $122.46 to the average price target of $108.8), up by 0.44% based on the highest stock price target, and down by -19.97% based on the lowest stock price target.

Can Pinnacle Financial Partners stock reach $200?

PNFP's average twelve months analyst stock price target of $108.8 does not support the claim that Pinnacle Financial Partners can reach $200 in the near future.

What are Pinnacle Financial Partners's analysts' financial forecasts?

Pinnacle Financial Partners's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.99B (high $2.02B, low $1.96B), average EBITDA is $1.02B (high $1.03B, low $1B), average net income is $585.38M (high $599.37M, low $570.22M), average SG&A $715.17M (high $724.92M, low $702.55M), and average EPS is $7.63 (high $7.81, low $7.43). PNFP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.23B (high $2.26B, low $2.19B), average EBITDA is $1.14B (high $1.16B, low $1.12B), average net income is $677.33M (high $691.45M, low $660.32M), average SG&A $799.26M (high $812.08M, low $783.82M), and average EPS is $8.82 (high $9.01, low $8.6).

Did the PNFP's actual financial results beat the analysts' financial forecasts?

Based on Pinnacle Financial Partners's last annual report (Dec 2023), the company's revenue was $2.61B, beating the average analysts forecast of $1.67B by 56.63%. Apple's EBITDA was $7.09M, missing the average prediction of $853.29M by -99.17%. The company's net income was $562.15M, beating the average estimation of $539.33M by 4.23%. Apple's SG&A was $0, missing the average forecast of $601.97M by -100.00%. Lastly, the company's EPS was $7.33, beating the average prediction of $6.72 by 9.02%. In terms of the last quarterly report (Dec 2023), Pinnacle Financial Partners's revenue was $709.22M, beating the average analysts' forecast of $416.97M by 70.09%. The company's EBITDA was $1.75M, missing the average prediction of $213.08M by -99.18%. Pinnacle Financial Partners's net income was $94.98M, missing the average estimation of $128.32M by -25.98%. The company's SG&A was $0, missing the average forecast of $149.52M by -100.00%. Lastly, the company's EPS was $1.24, missing the average prediction of $1.67 by -25.82%