Pinnacle Financial Partners

PNFP · NYSE

$95.29+$1.39 (+1.48%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $93.90

PNFP analyst rating

BuyConsensus of 19 analysts over the last 12 months. 79% rate it a buy.

Strong buy0
Buy15
Hold4
Underperform0
Sell0

12-month price target · 23 analysts

Average $122.21 (+28.2% upside)

Low: $106.05
Now: $95.29
High: $145.95

Upgrades and downgrades

The latest rating actions, newest first

PNFP analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Oct 9, 2026	Maintains	Buy	$118.00 → $112.00	46%
TD Cowen	Oct 5, 2026	Maintains	Buy	$119.00 → $115.00	47%
Piper Sandler	Oct 2, 2026	Maintains	Overweight	$123.00 → $125.00	67%
JP Morgan	Oct 1, 2026	Maintains	Overweight	$120.00 → $115.00	50%
Evercore ISI Group	Oct 1, 2026	Maintains	Outperform	$118.00 → $108.00	49%
Wells Fargo	Sep 30, 2026	Upgrade	Equal-Weight → Overweight	$118.00	62%
Morgan Stanley	Sep 28, 2026	Maintains	Overweight	$137.00 → $139.00	40%
Hovde Group	Sep 16, 2026	Initiates	Outperform	$125.00	—
Morgan Stanley	Sep 8, 2026	Initiates	Overweight	$137.00	40%
Wells Fargo	Aug 10, 2026	Maintains	Equal-Weight	$111.00 → $118.00	62%

The case for and against

Updated Oct 17, 2026

Bull case

Pinnacle Finl Partners is benefiting from strong post-MOE integration, with another quarter of robust loan growth, improved recruiting, and quarterly net interest income growth of 9% despite 9 bp NIM compression. Its funding profile looks increasingly supportive as it posted $2.1B of deposit growth in the first half of 2026, averaged more than $1B in monthly deposit production year to date, and expects deposit growth to outpace loan growth in the second half of the year, helping build liquidity and support investment portfolio deployment. The outlook is further strengthened by rising fee income momentum, with 2026 guidance of $1.125B to $1.145B, a 74-producer addition in 2Q and 94% year-to-date retention, which underscores a durable talent-driven growth model.

Bear case

Pinnacle Finl Partners is facing a weaker fundamental setup because the recently closed merger-of-equals with Synovus Financial introduces meaningful execution, integration, and regulatory risk, while also threatening retention of revenue-producing employees and the continuation of legacy growth and recruiting strategies. Asset quality deterioration, softer loan demand, and a prolonged slowdown in the Southeast could pressure profitability and slow balance-sheet expansion, especially given the company’s concentration in commercial real estate and industrial lending. Net interest margin already fell to 3.44% during 2Q26 amid core pressure and ongoing liquidity builds, and further compression from a flat or inverted yield curve or less favorable Fed policy would weigh on net interest income.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.