JPMorgan Chase & Co. Raises Pinnacle Financial Partners (NYSE:PNFP) Price Target to $120.00

Pinnacle Financial Partners (NYSE:PNFP) had its price target boosted by analysts at JPMorgan Chase & Co. from $105.00 to $120.00 in a research report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 25.31% from the company’s current price.

Several other research firms have also recently issued reports on PNFP. Royal Bank Of Canada upgraded Pinnacle Financial Partners to a “moderate buy” rating in a report on Monday, January 5th. Keefe, Bruyette & Woods raised their price target on Pinnacle Financial Partners from $95.00 to $100.00 and gave the company a “market perform” rating in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft set a $116.00 price target on Pinnacle Financial Partners and gave the company a “buy” rating in a report on Wednesday, January 21st. UBS Group raised their target price on Pinnacle Financial Partners from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday. Finally, Piper Sandler raised their target price on Pinnacle Financial Partners from $120.00 to $122.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Pinnacle Financial Partners presently has an average rating of “Moderate Buy” and an average price target of $113.81.

Pinnacle Financial Partners Trading Down 3.3%

Pinnacle Financial Partners stock opened at $95.76 on Friday. The stock has a market capitalization of $7.43 billion, a P/E ratio of 13.28, a PEG ratio of 0.33 and a beta of 1.00. Pinnacle Financial Partners has a 12-month low of $81.08 and a 12-month high of $120.46. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.42.

Pinnacle Financial Partners (NYSE:PNFP) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.09. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Pinnacle Financial Partners had a return on equity of 10.61% and a net margin of 15.02%. Equities research analysts forecast that Pinnacle Financial Partners will post 10.3 EPS for the current fiscal year.

Insider Transactions at Pinnacle Financial Partners

In related news, CFO Andrew J. Jr. Gregory bought 1,000 shares of Pinnacle Financial Partners stock in a transaction on Thursday, February 12th. The shares were purchased at an average price of $94.52 per share, for a total transaction of $94,520.00. Following the completion of the acquisition, the chief financial officer owned 49,485 shares in the company, valued at approximately $4,677,322.20. This represents a 2.06% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.46% of the company’s stock.

Institutional Investors Weigh In On Pinnacle Financial Partners

A number of hedge funds have recently modified their holdings of PNFP. AQR Capital Management LLC raised its position in shares of Pinnacle Financial Partners by 1,697.4% during the third quarter. AQR Capital Management LLC now owns 3,267,666 shares of the company’s stock worth $306,474,000 after purchasing an additional 3,085,867 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of Pinnacle Financial Partners during the third quarter worth about $187,822,000. Alyeska Investment Group L.P. acquired a new stake in shares of Pinnacle Financial Partners during the fourth quarter worth about $159,545,000. Norges Bank acquired a new stake in shares of Pinnacle Financial Partners during the fourth quarter worth about $116,349,000. Finally, Wellington Management Group LLP raised its position in shares of Pinnacle Financial Partners by 42.2% during the fourth quarter. Wellington Management Group LLP now owns 3,067,116 shares of the company’s stock worth $292,634,000 after purchasing an additional 910,367 shares during the period. Institutional investors and hedge funds own 87.40% of the company’s stock.

More Pinnacle Financial Partners News

Here are the key news stories impacting Pinnacle Financial Partners this week:

• Positive Sentiment: JPMorgan raised its price target to $120 and kept an “overweight” rating, implying roughly 25% upside from the current price — a clear analyst endorsement. JPMorgan raises PT to $120 – Benzinga
• Positive Sentiment: Q1 results beat expectations: EPS $2.39 vs. $2.30 consensus and revenue $1.22B vs. $1.20B — demonstrates underlying profitability and margin stability. BusinessWire Q1 press release
• Positive Sentiment: Management outlined 2026 loan growth of ~9%–11% and adjusted revenue of $5.0B–$5.2B while integrating Synovus — a concrete growth plan tied to the merger. Pinnacle outlines 2026 loan growth and revenue – Seeking Alpha
• Positive Sentiment: Recruiting momentum: 50 new revenue-producing team members added in 1Q26, supporting future fee and deposit growth. Recruiting growth article – Yahoo Finance
• Neutral Sentiment: Company said it updated FY2026 EPS guidance in its filing/press log, but the entry lacked a reported EPS figure — investors need the detailed guidance release to assess impact.
• Neutral Sentiment: Earnings call transcript, slide deck and industry deep-dive articles provide more color on merger synergies and expense savings; useful for modeling but not new headline catalysts. Q1 earnings call transcript – Seeking Alpha

About Pinnacle Financial Partners

Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.