Investors with an interest in Utility - Electric Power stocks have likely encountered both Avista (AVA) and Pinnacle West (PNW). But which of these two companies is the best option for those looking for undervalued stocks?
Avista is rated a long-term buy at $35.49, reflecting undervaluation relative to sector medians and a forward P/E of 13.7x. AVA's ~$3.44 billion infrastructure investment (2026–2030) targets 4–6% utility earnings growth, but success depends on regulatory approvals and disciplined capital management. Risks include financing needs, potential shareholder dilution (2.7% YoY in H1 2026), and regulatory uncertainty impacting cost recovery and EPS growth.
Avista Corporation (AVA) Q2 2026 Earnings Call Transcript
Avista NYSE: AVA used its second-quarter 2026 earnings call to focus primarily on wildfires near Spokane, Washington, which have damaged parts of its electric transmission and distribution system, displaced residents and employees, and left thousands of customers without electric or natural gas service.
Avista (AVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Data center electricity demand has surged over the last few years as AI workloads have scaled up, becoming one of the biggest tailwinds for the U.S.
Avista Corporation (AVA) Q1 2026 Earnings Call Transcript
Avista (AVA) came out with quarterly earnings of $1.1 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.98 per share a year ago.
AVA, CWCO and DTEGY have been added to the Zacks Rank #5 (Strong Sell) List on April 1st, 2026.
Avista Corporation offers a stable, regulated utility profile with a 5.01% dividend yield and consistent net income growth exceeding inflation over five years. AVA's customer base is limited by its rural service territory, resulting in a smaller scale versus urban-focused peers, but its financial stability remains attractive. The company's five-year, $3.41 billion capital plan targets a 5% annual rate base growth, with potential upside to 12% if additional investments materialize.
Wall Street is turning constructive on the utility sector, and three names are drawing the clearest signals right now.
Avista Corporation (AVA) Q4 2025 Earnings Call Transcript