Thanks jayrod12. Well, for lateral loading analysis you need the soil reaction, so I would say I am analyzing both.
In my case, commonly, geotechnical investigations are done at earlier phases of the design, so I do not have lateral loading info from the structural, so I try to back-calculate the allowable lateral force for a specific lateral displacement while I am not exceeding the crack moment of the pile (pre-stressed concrete piles). As you mentioned, I noted that for pre-stressed concrete piles, the balanced point gives larger moments than if I assume axial load equals zero, then I started to think that in reality the pile is subjected to axial and lateral forces simultaneously, so considering the axial load as zero for lateral loading analysis maybe too conservative.