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BKH Stock Forecast: Black Hills Corporation Price Predictions for 2026

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$70.65

+0.52 (0.74%)

BKH Stock Forecast 2026-2027

$70.65
Current Price
$5.47B
Market Cap
4 Ratings
Buy 2
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to BKH Price Targets

+23.1%
To High Target of $87.00
+15.4%
To Median Target of $81.50
+1.9%
To Low Target of $72.00

BKH Price Momentum

-3.9%
1 Week Change
-4.6%
1 Month Change
+19.1%
1 Year Change
+1.8%
Year-to-Date Change
-6.9%
From 52W High of $75.87
+28.6%
From 52W Low of $54.92
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Latest BKH Stock Price Targets & Analyst Predictions

Based on our analysis of 11 Wall Street analysts, BKH has a neutral consensus with a median price target of $81.50 (ranging from $72.00 to $87.00). The overall analyst rating is Buy (7.5/10). Currently trading at $70.65, the median forecast implies a 15.4% upside. This outlook is supported by 2 Buy, 2 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

BKH Analyst Ratings

2
Buy
2
Hold
0
Sell

BKH Price Target Range

Low
$72.00
Average
$81.50
High
$87.00
Current: $70.65

Latest BKH Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for BKH.

Date Firm Analyst Rating Change Price Target
Feb 9, 2026 BMO Capital Edward DeArias Outperform Maintains $84.00
Jan 27, 2026 BMO Capital Edward DeArias Outperform Maintains $82.00
Nov 7, 2025 Scotiabank Andrew Weisel Sector Outperform Upgrade $81.00
Aug 20, 2025 B of A Securities Julien Dumoulin-Smith Neutral Upgrade $64.00
Aug 1, 2025 B of A Securities Sell Maintains $N/A
May 13, 2025 BMO Capital Edward DeArias Outperform Initiates $68.00
Feb 7, 2025 Scotiabank Andrew Weisel Sector Perform Maintains $66.00
Dec 12, 2024 Scotiabank Andrew Weisel Sector Perform Maintains $67.00
Aug 20, 2024 Scotiabank Andrew Weisel Sector Perform Maintains $63.00
Aug 2, 2024 Wells Fargo Sarah Akers Equal-Weight Maintains $64.00
Jun 4, 2024 Mizuho Anthony Crowdell Neutral Maintains $57.00
May 10, 2024 Wells Fargo Sarah Akers Equal-Weight Maintains $61.00
Apr 22, 2024 Scotiabank Andrew Weisel Sector Perform Maintains $54.00
Feb 9, 2024 RBC Capital Shelby Tucker Sector Perform Maintains $57.00
Feb 9, 2024 Scotiabank Andrew Weisel Sector Perform Maintains $58.00
Nov 21, 2023 Mizuho Anthony Crowdell Neutral Upgrade $53.00
Nov 20, 2023 B of A Securities Julien Dumoulin-Smith Underperform Maintains $49.00
Sep 22, 2023 Mizuho Anthony Crowdell Underperform Maintains $53.00
Sep 6, 2023 RBC Capital Shelby Tucker Sector Perform Maintains $61.00
Aug 4, 2023 Wells Fargo Equal-Weight Maintains $N/A

Black Hills Corporation (BKH) Competitors

The following stocks are similar to Black Hills based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Black Hills Corporation (BKH) Financial Data

Black Hills Corporation has a market capitalization of $5.47B with a P/E ratio of 17.8x. The company generates $2.31B in trailing twelve-month revenue with a 12.6% profit margin.

Revenue growth is +6.4% quarter-over-quarter, while maintaining an operating margin of +26.2% and return on equity of +8.0%.

Valuation Metrics

Market Cap $5.47B
Enterprise Value $9.93B
P/E Ratio 17.8x
PEG Ratio 12.2x
Price/Sales 2.3x

Growth & Margins

Revenue Growth (YoY) +6.4%
Gross Margin +41.2%
Operating Margin +26.2%
Net Margin +12.6%
EPS Growth +7.0%

Financial Health

Cash/Price Ratio +3.4%
Current Ratio 1.3x
Debt/Equity 120.4x
ROE +8.0%
ROA +3.2%
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Black Hills Corporation logo

Black Hills Corporation (BKH) Business Model

About Black Hills Corporation

What They Do

Provides utility services in the energy sector.

Business Model

The company operates as a diversified energy provider, generating revenue primarily through its electric and natural gas utility services. It focuses on energy distribution, infrastructure development, and efficient energy delivery systems, catering to both industrial and residential customers.

Additional Information

Black Hills Corporation is headquartered in Rapid City, South Dakota, and emphasizes safety, operational excellence, and sustainability in its practices. The company also contributes significantly to local economies and is engaged in electric power generation and natural gas transmission.

Company Information

Sector

Utilities

Industry

Utilities - Regulated Gas

Employees

2,841

CEO

Mr. Linden R. Evans J.D.

Country

United States

IPO Year

1984

Black Hills Corporation (BKH) Latest News & Analysis

Latest News

BKH stock latest news image
Quick Summary

Financial markets are unpredictable, but leveraging probabilities may lead to long-term success for investors.

Why It Matters

This statement highlights the importance of understanding market risks and probabilities, suggesting that a strategic, long-term approach can lead to potential gains despite inherent uncertainties.

Source: 24/7 Wall Street
Market Sentiment: Positive
BKH stock latest news image
Quick Summary

Think Investments acquired 537,637 shares of Black Hills Corporation in Q4, increasing the stake's value by $37.32 million at quarter-end.

Why It Matters

Think Investments' acquisition of Black Hills shares signals confidence in the company's growth, potentially attracting more investors and affecting stock performance positively.

Source: The Motley Fool
Market Sentiment: Neutral
BKH stock latest news image
Quick Summary

Dakota Gold Corp. has appointed Brian G. Iverson to its Board of Directors, effective immediately, as announced on February 27, 2026.

Why It Matters

The appointment of Brian G. Iverson to Dakota Gold's Board may signal strategic changes or enhanced governance, potentially impacting the company's direction and investor confidence.

Source: Newsfile Corp
Market Sentiment: Neutral
BKH stock latest news image
Quick Summary

The "Mag 7" stocks are cooling, but interest in AI remains strong. Focus is shifting to companies supporting AI infrastructure, particularly those involved in data center development.

Why It Matters

Shifts to less prominent companies in the AI sector highlight potential investment opportunities, especially in supporting infrastructure, indicating broader growth beyond major players.

Source: MarketBeat
Market Sentiment: Positive
BKH stock latest news image
Quick Summary

Black Hills Corp. (NYSE: BKH) filed a rate review application with the South Dakota PUC to recover capital and operational costs for its electric utility serving 75,000 customers.

Why It Matters

Black Hills Corp.'s rate review may lead to increased revenue and profitability, impacting stock performance and investor sentiment regarding utility sector stability.

Source: GlobeNewsWire
Market Sentiment: Neutral
BKH stock latest news image
Quick Summary

Federal Realty has increased its dividend for 58 straight years, the highest among REITs, while PepsiCo has achieved 54 consecutive annual dividend increases.

Why It Matters

Federal Realty's 58-year dividend increase streak highlights its stability and reliability, attracting income-focused investors. PepsiCo's 54-year streak further emphasizes strong cash flow and shareholder commitment.

Source: The Motley Fool
Market Sentiment: Positive

Frequently Asked Questions About BKH Stock

What is Black Hills Corporation's (BKH) stock forecast for 2026?

Based on our analysis of 11 Wall Street analysts, Black Hills Corporation (BKH) has a median price target of $81.50. The highest price target is $87.00 and the lowest is $72.00.

Is BKH stock a good investment in 2026?

According to current analyst ratings, BKH has 2 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $70.65. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for BKH stock?

Wall Street analysts predict BKH stock could reach $81.50 in the next 12 months. This represents a 15.4% increase from the current price of $70.65. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Black Hills Corporation's business model?

The company operates as a diversified energy provider, generating revenue primarily through its electric and natural gas utility services. It focuses on energy distribution, infrastructure development, and efficient energy delivery systems, catering to both industrial and residential customers.

What is the highest forecasted price for BKH Black Hills Corporation?

The highest price target for BKH is $87.00 from at , which represents a 23.1% increase from the current price of $70.65.

What is the lowest forecasted price for BKH Black Hills Corporation?

The lowest price target for BKH is $72.00 from at , which represents a 1.9% increase from the current price of $70.65.

What is the overall BKH consensus from analysts for Black Hills Corporation?

The overall analyst consensus for BKH is neutral. Out of 11 Wall Street analysts, 2 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $81.50.

How accurate are BKH stock price projections?

Stock price projections, including those for Black Hills Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: March 13, 2026 9:33 PM UTC
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