The 5 Wall Street analysts covering Black Hills Corp. hold a median 12-month price target of $86 — +15.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 43 of 100 as at 15 Aug 2026 — in the lower half.
Consensus tells you what everyone already believes. The model scores Black Hills Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Momentum (90): The shares have been drifting up relative to others.
Issuance (23): The company has been issuing shares or taking on financing, diluting existing holders.
Size (23): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on BKH, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +15.8% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 22 July 2026 | BMO Capital | Maintains | Outperform | $86 → $85 |
| 10 July 2026 | B of A Securities | Maintains | Buy | — |
| 10 July 2026 | B of A Securities | Maintains | Buy | $78 → $87 |
| 11 June 2026 | B of A Securities | Upgrade | Buy | — |
| 15 Apr 2026 | BMO Capital | Maintains | Outperform | — |
| 9 Apr 2026 | B of A Securities | Maintains | Neutral | — |
| 1 Apr 2026 | Ladenburg Thalmann | Initiates | Buy | — |
| 9 Feb 2026 | BMO Capital | Maintains | Outperform | — |
| 27 Jan 2026 | BMO Capital | Maintains | Outperform | — |
| 7 Nov 2025 | Scotiabank | Upgrade | Sector Outperform | — |
| 20 Aug 2025 | B of A Securities | Upgrade | Neutral | — |
| 1 Aug 2025 | B of A Securities | Maintains | Sell | — |
| 13 May 2025 | BMO Capital | Initiates | Outperform | — |
| 7 Feb 2025 | Scotiabank | Maintains | Sector Perform | — |
| 12 Dec 2024 | Scotiabank | Maintains | Sector Perform | — |
| 20 Aug 2024 | Scotiabank | Maintains | Sector Perform | — |
| 2 Aug 2024 | Wells Fargo | Maintains | Equal-Weight | — |
| 4 June 2024 | Mizuho | Maintains | Neutral | — |
| 10 May 2024 | Wells Fargo | Maintains | Equal-Weight | — |
| 22 Apr 2024 | Scotiabank | Maintains | Sector Perform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. BKH appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 41% of US stocks
Cheaper than 48% of US stocks
Cheaper than 58% of US stocks
Cheaper than 32% of US stocks
Higher than 35% of US stocks
Higher than 71% of US stocks
Higher than 53% of US stocks
Higher than 81% of US stocks
Higher than 75% of US stocks
Higher than 59% of US stocks
Higher than 66% of US stocks
Higher than 75% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Black Hills Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Black Hills Corp. said it remains on track to meet its 2026 earnings guidance, with second-quarter results supported by new rates and rider recovery, large-load demand growth, and ongoing capital investments.
Why it matters — The reaffirmed 2026 earnings guidance signals continued progress on the company's financial targets for BKH watchers.
Black Hills Corporation (BKH) held its Q2 2026 earnings call, and Seeking Alpha published a transcript of the event. The item indicates the company's quarterly earnings discussion took place.
Why it matters — The earnings call transcript offers BKH watchers a record of management's discussion of the company's second-quarter 2026 results.
Black Hills Corp. reported 2026 second-quarter results and reaffirmed its 2026 adjusted earnings guidance of $4.25 to $4.45 per share, excluding merger-related costs. The company also noted a new all-time peak load at Wyoming Electric, progress toward agreements for a 1.8 GW Wyoming data center project, completed wildfire liability protection requirements in South Dakota and Wyoming, and said its merger with NorthWestern Energy remains on track pending Montana approval.
Why it matters — The reaffirmed guidance, record demand growth, data center project progress, wildfire protection measures, and merger progress all point to a steady, forward-moving outlook for Black Hills Corp.
Dakota Gold Corp. announced leadership changes to support its next phase of growth as it advances the Richmond Hill Gold Project through development and toward production. The announcement was made by Dr. Robert Quartermain, C.M.
Why it matters — Dakota Gold's Richmond Hill project is located near Lead, South Dakota, within the Black Hills region where BKH operates, and regional industrial developments could affect the local economic and operational landscape for the company.
Black Hills Corp. announced that its board of directors declared a quarterly dividend on the common stock at a meeting held July 28, 2026.
Why it matters — Dividend announcements are relevant to BKH shareholders as they indicate the company's continued commitment to returning capital to investors.
The 5 Wall Street analysts covering Black Hills Corp. have a median 12-month price target of $86, with estimates ranging from $80 to $87. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 5 analysts covering Black Hills Corp., 5 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Black Hills Corp. 43 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 15 Aug 2026, Black Hills Corp. ranks 43 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (90 of 100).
No one can know that. What the data says: the median 12-month target from 5 analysts implies +15.8% from the last close, and Ticker Nerd's factor model ranks Black Hills Corp. 43 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Black Hills Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for BKH are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $80 to $87 over the next 12 months.
Black Hills Corp. returned +25.4% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Black Hills Corporation is a diversified energy company primarily serving customers in several Midwestern and Western states in the United States. Its main function is to provide essential utility services, including natural gas and electric utility operations.
The most recent item we track (MarketBeat, 8 Aug 2026): "Black Hills Q2 Earnings Call Highlights". Black Hills Corp. said it remains on track to meet its 2026 earnings guidance, with second-quarter results supported by new rates and rider recovery, large-load demand growth, and ongoing capital investments.
Black Hills Corporation is a diversified energy company primarily serving customers in several Midwestern and Western states in the United States. Its main function is to provide essential utility services, including natural gas and electric utility operations. Black Hills Corporation plays a key role in energy distribution and infrastructure development, enhancing reliability and safety for millions of customers. Its electric utilities generate and transmit electricity through modern and sustainable practices, reflecting a commitment to reducing environmental impact. Meanwhile, its natural gas utilities support efficient and secure gas delivery systems. The organization also extends its influence into electric power generation and natural gas transmission pipelines, supporting broader industrial and residential energy needs. Through its subsidiaries, Black Hills Corporation contributes significantly to local and regional economic growth, offering consistent energy solutions across sectors. Headquartered in Rapid City, South Dakota, Black Hills Corporation is a prominent player in its field, known for emphasizing safety, operational excellence, and innovation in energy management.
CEO Mr. Linden R. Evans J.D. · 2,795 employees · United States · https://ir.blackhillscorp.com