JP Morgan Raises PNFP Price Target to $125

On October 23, 2026, JP Morgan updated its outlook on Pinnacle Financial Partners, Inc. (NYSE: PNFP), reiterating its Overweight rating while raising its price target from $115 to $125. According to research notes released that day, the firm kept its positive stance as the stock trades near $100.67, giving investors room to watch how the bank performs compared to Wall Street expectations.

PNFP Pinnacle Financial Partners, Inc.

$100.46 ▲ +7.20% year to date

1M 3M YTD

Daily close · Oct 22, 2026

JP Morgan's Call on Pinnacle Financial Partners

JP Morgan's decision to lift its target to $125 from $115 reflects confidence in the regional lender's path forward. Pinnacle Financial Partners closed at $100.75 on October 23, 2026, putting the new target roughly 24% above where the shares recently changed hands. Other firms also adjusted their targets on October 23, 2026, including StoneX maintaining a Buy rating with a $131 target, RBC Capital keeping an Outperform rating and a $120 target, TD Cowen reiterating a Buy rating with an $118 target, and Morgan Stanley maintaining an Overweight rating while moving its target from $139 to $140.

Pinnacle Financial Partners, Inc. Stock Up 2.5%

The regional bank's shares recently traded around $100.67, sitting below the 52-week high of $110.33 while resting above the 50-day moving average of $98.04 and the 200-day moving average of $96.57. With a market capitalization of roughly $15.18 billion, the stock trades at a trailing price-to-earnings ratio of 13.45.

Recent Earnings

Pinnacle Financial Partners posted trailing twelve-month revenue of $3.30 billion and earnings of $7.47 per share. The company reported a net profit margin of 24.9% and a return on equity of 7.6%. The bank's next earnings report is scheduled for January 27, 2027.

Dividend

The bank pays an annual dividend of $2.00 per share, which translates to a dividend yield of 2.04% based on recent trading levels. This payout is supported by a dividend payout ratio of 20.4%.

Insider Buying and Selling at Pinnacle Financial Partners, Inc.

Recent months saw several transactions by company insiders. On August 6, 2026, Chairman of the Board Michael Terry Turner sold 2,737 shares at an average price of $108.01, totaling $295,623. Later, on August 17, 2026, Turner disposed of 174,491 shares valued at $18,858,090. On the buying side, Chief Executive Officer Kevin S. Blair picked up 2,565 shares on September 1, 2026, at an average price of $97.48 for a total of $250,036. Additionally, Director Gregory G. Montana purchased 500 shares on September 10, 2026, at $98.61 per share, amounting to $49,305.

About Pinnacle Financial Partners

Pinnacle Financial Partners, Inc. operates as the bank holding company for Pinnacle Bank, delivering commercial and retail banking services to individuals, businesses, and professionals across the United States. Headquartered in Atlanta, Georgia, the institution serves its markets through an expanding branch network and digital platforms.

Bottom Line

JP Morgan's higher price target highlights steady backing from major Wall Street firms as Pinnacle Financial Partners approaches its next earnings update in January 2027. Investors will continue watching how the stock tracks against analyst estimates and broader financial sector trends.