Pinnacle Financial Partners (PNFP) Stock Forecast, Price Target & Predictions
PNFP Stock Forecast
Pinnacle Financial Partners stock forecast is as follows: an average price target of $99.00 (represents a 4.31% upside from PNFP’s last price of $94.91) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
PNFP Price Target
The average price target for Pinnacle Financial Partners (PNFP) is $99.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $102.00 to $97.00. This represents a potential 4.31% upside from PNFP's last price of $94.91.
PNFP Analyst Ratings
According to 7 Wall Street analysts, Pinnacle Financial Partners's rating consensus is 'Buy'. The analyst rating breakdown for PNFP stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 2 'Hold' (28.57%), 1 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).
Pinnacle Financial Partners Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 18, 2024 | Jared Shaw | Barclays | $97.00 | $93.97 | 3.22% | 2.20% |
| Jul 17, 2024 | Stephen Scouten | Piper Sandler | $98.00 | $93.97 | 4.29% | 3.26% |
| May 23, 2024 | Matt Olney | Stephens | $102.00 | $80.64 | 26.49% | 7.47% |
| Apr 20, 2022 | - | Stephens | $104.00 | $87.49 | 18.87% | 9.58% |
The latest Pinnacle Financial Partners stock forecast, released on Jul 18, 2024 by Jared Shaw from Barclays, set a price target of $97.00, which represents a 3.22% increase from the stock price at the time of the forecast ($93.97), and a 2.20% increase from PNFP last price ($94.91).
Pinnacle Financial Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $97.50 | $99.00 |
| Last Closing Price | $94.91 | $94.91 | $94.91 |
| Upside/Downside | -100.00% | 2.73% | 4.31% |
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 $94.91. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 18, 2024 | Truist Financial | Buy | Buy | Hold |
| Jul 18, 2024 | Stephens | Underperform | Underperform | Hold |
| Jul 18, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 18, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 17, 2024 | Piper Sandler | - | Neutral | Downgrade |
| Jun 27, 2024 | Stephens | Underperform | Underperform | Hold |
| Jun 27, 2024 | Truist Financial | Buy | Buy | Hold |
| May 23, 2024 | Truist Financial | Buy | Buy | Hold |
| May 23, 2024 | Stephens | Underperform | Underperform | Hold |
| May 23, 2024 | Stephens | Overweight | Overweight | Hold |
Pinnacle Financial Partners's last stock rating was published by Truist Financial on Jul 18, 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $709.23M | $382.99M | $462.31M | $382.68M | $380.78M | $369.25M | - | $309.32M | $291.67M | $294.87M | $282.18M | $271.61M | $261.48M | $257.15M | $239.75M | $230.47M | $231.27M | $233.90M | $216.46M | $225.02M | $218.92M | $214.58M |
| Avg Forecast | $527.99M | $517.47M | $499.83M | $481.43M | $471.68M | $460.24M | $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 | $252.08M | $246.03M | $243.53M | $236.92M |
| High Forecast | $540.18M | $529.41M | $511.36M | $492.54M | $482.57M | $464.45M | $443.04M | $430.62M | $424.20M | $428.24M | $424.21M | $428.89M | $439.34M | $410.66M | $364.62M | $354.72M | $340.45M | $330.96M | $324.09M | $312.40M | $306.35M | $287.47M | $279.73M | $265.39M | $267.94M | $274.29M | $257.17M | $250.99M | $292.23M | $284.30M |
| Low Forecast | $508.74M | $498.60M | $481.60M | $463.87M | $454.48M | $457.78M | $417.26M | $405.56M | $409.57M | $403.32M | $399.52M | $403.93M | $413.77M | $386.76M | $364.62M | $336.10M | $322.57M | $313.58M | $307.08M | $296.00M | $290.27M | $272.38M | $265.04M | $251.46M | $253.87M | $259.89M | $243.67M | $237.82M | $194.82M | $189.53M |
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | 1.70% | 0.91% | 1.11% | 0.91% | 0.89% | 0.92% | - | 0.89% | 0.87% | 0.91% | 0.89% | 0.89% | 0.87% | 0.91% | 0.87% | 0.89% | 0.88% | 0.87% | 0.86% | 0.91% | 0.90% | 0.91% |
Pinnacle Financial Partners's average Quarter revenue forecast for Mar 24 based on 4 analysts is $420.91M, with a low forecast of $405.56M, and a high forecast of $430.62M. 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | $1.75M | $169.75M | $247.68M | $366.87M | $308.58M | $277.53M | - | $207.15M | $200.45M | $205.30M | $201.48M | $196.74M | $183.08M | $190.74M | $135.57M | $106.43M | $196.78M | $219.26M | $203.46M | $188.18M | $181.99M | $169.01M |
| Avg Forecast | $224.90M | $220.42M | $212.90M | $205.07M | $200.92M | $196.04M | $184.46M | $235.86M | $177.61M | $178.30M | $176.62M | $214.42M | $182.92M | $195.04M | $155.31M | $169.50M | $183.96M | $177.31M | $167.90M | $165.60M | $173.59M | $132.99M | $143.27M | $157.82M | $195.22M | $203.01M | $179.43M | $183.51M | $179.03M | $166.17M |
| High Forecast | $230.09M | $225.51M | $217.82M | $209.80M | $205.55M | $197.83M | $188.72M | $283.03M | $180.69M | $182.41M | $180.69M | $257.30M | $187.14M | $234.05M | $155.31M | $203.40M | $220.75M | $212.77M | $201.48M | $198.73M | $208.31M | $159.59M | $171.92M | $189.38M | $234.26M | $243.62M | $215.32M | $220.22M | $214.84M | $199.40M |
| Low Forecast | $216.70M | $212.38M | $205.14M | $197.59M | $193.59M | $194.99M | $177.73M | $188.69M | $174.46M | $171.79M | $170.18M | $171.54M | $176.25M | $156.03M | $155.31M | $135.60M | $147.17M | $141.85M | $134.32M | $132.48M | $138.87M | $106.39M | $114.62M | $126.25M | $156.17M | $162.41M | $143.54M | $146.81M | $143.23M | $132.93M |
| Surprise % | - | - | - | - | - | - | - | - | 0.01% | 0.95% | 1.40% | 1.71% | 1.69% | 1.42% | - | 1.22% | 1.09% | 1.16% | 1.20% | 1.19% | 1.05% | 1.43% | 0.95% | 0.67% | 1.01% | 1.08% | 1.13% | 1.03% | 1.02% | 1.02% |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 11 |
| Net Income | - | - | - | - | - | - | - | - | $94.98M | $132.60M | $197.30M | $137.27M | $137.85M | $148.66M | - | $129.11M | $133.53M | $136.58M | $131.79M | $125.43M | $110.88M | $110.64M | $62.44M | $28.36M | $96.08M | $110.52M | $100.32M | $93.96M | $95.32M | $93.75M |
| Avg Forecast | $163.45M | $158.61M | $147.97M | $138.67M | $141.88M | $136.66M | $123.12M | $170.50M | $128.11M | $130.40M | $125.21M | $155.00M | $154.74M | $129.75M | $127.74M | $122.53M | $122.54M | $117.95M | $109.83M | $105.58M | $105.13M | $77.15M | $65.99M | $42.05M | $95.32M | $102.33M | $88.47M | $91.63M | $93.77M | $92.17M |
| High Forecast | $168.35M | $163.37M | $152.41M | $142.83M | $146.14M | $142.73M | $126.81M | $204.60M | $135.27M | $134.31M | $128.97M | $186.00M | $159.39M | $155.70M | $127.74M | $147.04M | $147.05M | $141.54M | $131.79M | $126.69M | $126.15M | $92.58M | $79.19M | $50.46M | $114.38M | $122.80M | $106.17M | $109.96M | $112.52M | $110.61M |
| Low Forecast | $155.70M | $151.09M | $140.95M | $132.10M | $135.16M | $129.82M | $117.28M | $136.40M | $113.79M | $124.22M | $119.28M | $124.00M | $147.41M | $103.80M | $127.74M | $98.02M | $98.03M | $94.36M | $87.86M | $84.46M | $84.10M | $61.72M | $52.79M | $33.64M | $76.25M | $81.87M | $70.78M | $73.30M | $75.01M | $73.74M |
| Surprise % | - | - | - | - | - | - | - | - | 0.74% | 1.02% | 1.58% | 0.89% | 0.89% | 1.15% | - | 1.05% | 1.09% | 1.16% | 1.20% | 1.19% | 1.05% | 1.43% | 0.95% | 0.67% | 1.01% | 1.08% | 1.13% | 1.03% | 1.02% | 1.02% |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | $135.82M | $138.11M | $141.65M | $139.38M | $134.87M | - | $125.63M | $139.97M | $117.81M | $115.59M | $106.88M | $118.72M | $94.19M | $78.10M | $85.72M | $107.06M | $90.41M | $80.98M | $75.22M | $96.22M | $74.06M |
| Avg Forecast | $174.32M | $170.85M | $165.02M | $158.95M | $155.73M | $151.95M | $142.97M | $169.04M | $137.66M | $138.20M | $136.90M | $153.67M | $141.78M | $111.92M | $120.38M | $121.48M | $128.45M | $101.75M | $96.33M | $89.97M | $112.56M | $65.67M | $82.54M | $127.11M | $106.21M | $83.71M | $71.42M | $73.35M | $94.66M | $72.82M |
| High Forecast | $178.34M | $174.79M | $168.83M | $162.61M | $159.32M | $153.34M | $146.27M | $202.84M | $140.05M | $141.38M | $140.05M | $184.40M | $145.05M | $134.31M | $120.38M | $145.77M | $154.14M | $122.10M | $115.59M | $107.96M | $135.07M | $78.80M | $99.04M | $152.53M | $127.45M | $100.45M | $85.70M | $88.02M | $113.59M | $87.38M |
| Low Forecast | $167.96M | $164.61M | $159.00M | $153.15M | $150.05M | $151.14M | $137.76M | $135.23M | $135.22M | $133.16M | $131.90M | $122.94M | $136.61M | $89.54M | $120.38M | $97.18M | $102.76M | $81.40M | $77.06M | $71.97M | $90.05M | $52.54M | $66.03M | $101.69M | $84.96M | $66.97M | $57.13M | $58.68M | $75.72M | $58.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.98% | 1.01% | 0.92% | 0.98% | 1.21% | - | 1.03% | 1.09% | 1.16% | 1.20% | 1.19% | 1.05% | 1.43% | 0.95% | 0.67% | 1.01% | 1.08% | 1.13% | 1.03% | 1.02% | 1.02% |
Pinnacle Financial Partners's average Quarter SG&A projection for Dec 23 is $137.66M, based on 8 Wall Street analysts, with a range of $135.22M to $140.05M. The forecast indicates a 1.36% rise compared to PNFP last annual SG&A of $135.82M (Sep 23).
Pinnacle Financial Partners EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 11 |
| EPS | - | - | - | - | - | - | - | - | $1.24 | $1.69 | $2.55 | $1.76 | $1.77 | $1.91 | - | $1.66 | $1.77 | $1.76 | $1.70 | $1.61 | $1.42 | $1.42 | $0.83 | $0.37 | $1.26 | $1.45 | $1.31 | $1.22 | $1.24 | $1.22 |
| Avg Forecast | $2.13 | $2.07 | $1.93 | $1.81 | $1.85 | $1.78 | $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 | $1.27 | $1.21 | $1.21 | $1.17 |
| High Forecast | $2.20 | $2.13 | $1.99 | $1.86 | $1.91 | $1.86 | $1.65 | $1.59 | $1.76 | $1.75 | $1.68 | $1.77 | $2.08 | $1.95 | $1.67 | $1.62 | $1.63 | $1.59 | $1.50 | $1.46 | $1.42 | $1.13 | $0.86 | $1.08 | $1.29 | $1.38 | $1.30 | $1.24 | $1.45 | $1.40 |
| Low Forecast | $2.03 | $1.97 | $1.84 | $1.72 | $1.76 | $1.69 | $1.53 | $1.47 | $1.48 | $1.62 | $1.56 | $1.64 | $1.92 | $1.81 | $1.67 | $1.51 | $1.52 | $1.48 | $1.40 | $1.36 | $1.32 | $1.05 | $0.81 | $1.01 | $1.20 | $1.29 | $1.21 | $1.15 | $0.97 | $0.94 |
| Surprise % | - | - | - | - | - | - | - | - | 0.74% | 0.99% | 1.56% | 1.03% | 0.88% | 1.01% | - | 1.05% | 1.11% | 1.14% | 1.16% | 1.13% | 1.03% | 1.29% | 0.99% | 0.35% | 1.00% | 1.08% | 1.03% | 1.01% | 1.02% | 1.04% |
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 $1.47 and a high estimate of $1.59. 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WTFC | Wintrust Financial | $105.08 | $124.83 | 18.80% | Buy |
| RNST | Renasant | $32.80 | $38.00 | 15.85% | Buy |
| UCBI | United Community Banks | $27.83 | $31.33 | 12.58% | Buy |
| HOMB | Home Bancshares, Inc. (Conway, AR) | $26.93 | $28.50 | 5.83% | Buy |
| PNFP | Pinnacle Financial Partners | $94.91 | $99.00 | 4.31% | Buy |
| TCBI | Texas Capital Bancshares | $70.13 | $73.00 | 4.09% | Buy |
PNFP Forecast FAQ
Is Pinnacle Financial Partners a good buy?
Yes, according to 7 Wall Street analysts, Pinnacle Financial Partners (PNFP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of PNFP's total ratings.
What is PNFP's price target?
Pinnacle Financial Partners (PNFP) average price target is $99 with a range of $97 to $102, implying a 4.31% from its last price of $94.91. The data is based on 7 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 up by 4.31% (from the last price of $94.91 to the average price target of $99), up by 7.47% based on the highest stock price target, and up by 2.20% based on the lowest stock price target.
Can Pinnacle Financial Partners stock reach $140?
PNFP's average twelve months analyst stock price target of $99 does not support the claim that Pinnacle Financial Partners can reach $140 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 2024) are as follows: average revenue is $1.79B (high $1.82B, low $1.74B), average EBITDA is $817.28M (high $875.13M, low $755M), average net income is $572.16M (high $620.28M, low $518.66M), average SG&A $619.69M (high $661.77M, low $574.17M), and average EPS is $6.78 (high $7.01, low $6.45). PNFP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.03B (high $2.07B, low $1.95B), average EBITDA is $863.29M (high $883.21M, low $831.81M), average net income is $608.71M (high $626.96M, low $579.85M), average SG&A $669.13M (high $684.57M, low $644.73M), and average EPS is $7.94 (high $8.18, low $7.57).
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 $746.95M by -99.05%. The company's net income was $562.15M, beating the average estimation of $538.73M by 4.35%. Apple's SG&A was $0, missing the average forecast of $566.42M 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 $177.61M by -99.01%. Pinnacle Financial Partners's net income was $94.98M, missing the average estimation of $128.11M by -25.86%. The company's SG&A was $0, missing the average forecast of $137.66M by -100.00%. Lastly, the company's EPS was $1.24, missing the average prediction of $1.67 by -25.82%