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BKH Stock Forecast: Black Hills Corporation Price Predictions for 2027

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$74.61

-1.20 (-1.58%)

BKH Stock Forecast 2026-2027

$74.61
Current Price
$5.65B
Market Cap
5 Ratings
Buy 5
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to BKH Price Targets

+16.6%
To High Target of $87.00
+15.3%
To Median Target of $86.00
+7.2%
To Low Target of $80.00

BKH Price Momentum

-0.8%
1 Week Change
+2.6%
1 Month Change
+31.3%
1 Year Change
+7.5%
Year-to-Date Change
-5.2%
From 52W High of $78.69
+33.7%
From 52W Low of $55.79
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Latest BKH Stock Price Targets & Analyst Predictions

Based on our analysis of 2 Wall Street analysts, BKH has a bullish consensus with a median price target of $86.00 (ranging from $80.00 to $87.00). The overall analyst rating is Strong Buy (9.6/10). Currently trading at $74.61, the median forecast implies a 15.3% upside. This outlook is supported by 5 Buy, 0 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Ross Fowler at B of A Securities, projecting a 16.6% upside.

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

5
Buy
0
Hold
0
Sell

BKH Price Target Range

Low
$80.00
Average
$86.00
High
$87.00
Current: $74.61

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
Jul 10, 2026 B of A Securities Ross Fowler Buy Maintains $87.00
Jun 11, 2026 B of A Securities Buy Upgrade $N/A
Apr 15, 2026 BMO Capital Outperform Maintains $N/A
Apr 9, 2026 B of A Securities Neutral Maintains $N/A
Apr 1, 2026 Ladenburg Thalmann Buy Initiates $N/A
Feb 9, 2026 BMO Capital Outperform Maintains $N/A
Jan 27, 2026 BMO Capital Outperform Maintains $N/A
Nov 7, 2025 Scotiabank Sector Outperform Upgrade $N/A
Aug 20, 2025 B of A Securities Neutral Upgrade $N/A
Aug 1, 2025 B of A Securities Sell Maintains $N/A
May 13, 2025 BMO Capital Outperform Initiates $N/A
Feb 7, 2025 Scotiabank Sector Perform Maintains $N/A
Dec 12, 2024 Scotiabank Sector Perform Maintains $N/A
Aug 20, 2024 Scotiabank Sector Perform Maintains $N/A
Aug 2, 2024 Wells Fargo Equal-Weight Maintains $N/A
Jun 4, 2024 Mizuho Neutral Maintains $N/A
May 10, 2024 Wells Fargo Equal-Weight Maintains $N/A
Apr 22, 2024 Scotiabank Sector Perform Maintains $N/A
Feb 9, 2024 Scotiabank Sector Perform Maintains $N/A
Feb 9, 2024 RBC Capital Sector Perform 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 $5.65B with a P/E ratio of 19.8x. The company generates $2.29B in trailing twelve-month revenue with a 12.6% profit margin.

Revenue growth is -3.0% quarter-over-quarter, while maintaining an operating margin of +25.9% and return on equity of +7.7%.

Valuation Metrics

Market Cap $5.65B
Enterprise Value $10.48B
P/E Ratio 19.8x
PEG Ratio -2.8x
Price/Sales 2.5x

Growth & Margins

Revenue Growth (YoY) -3.0%
Gross Margin +37.8%
Operating Margin +25.9%
Net Margin +12.6%
EPS Growth -2.5%

Financial Health

Cash/Price Ratio +0.4%
Current Ratio 0.6x
Debt/Equity 115.6x
ROE +7.7%
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 essential utility services in the U.S.

Business Model

The company operates as a diversified energy provider, generating revenue through the delivery of natural gas and electricity to residential, commercial, and industrial customers. It engages in electric utility operations and natural gas distribution while investing in infrastructure development to enhance service reliability and efficiency.

Additional Information

Black Hills Corporation is headquartered in Rapid City, South Dakota, and focuses on sustainable practices in energy generation and distribution. The company plays a significant role in local and regional economic growth and is recognized for its commitment to safety, operational excellence, and innovative energy management solutions.

Company Information

Sector

Utilities

Industry

Utilities - Regulated Gas

Employees

2,795

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

Black Hills Corp. (NYSE: BKH) will report its Q2 2026 earnings on Aug. 5, 2026, after market close, with a conference call on Aug. 6 at 11 a.m. EDT to discuss the results.

Why It Matters

The upcoming earnings announcement and conference call for Black Hills Corp. will provide crucial insights into its financial performance, potentially influencing stock price and investor sentiment.

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

Dakota Gold Corp. (NYSE American: DC) announced the completion of its 2026 Drill Campaign at the Richmond Hill Oxide Heap Leach Gold Project, totaling 17,273 meters across 112 holes.

Why It Matters

Positive assay results and extensive drilling indicate strong potential for gold production at Dakota Gold's Richmond Hill project, likely boosting investor confidence and stock value.

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

Black Hills Corporation (BKH) is rated a Buy, currently 12% below its $82 fair value. A merger with NorthWestern Energy is set for 2026, with projected 6.3% annual EPS growth and a $4.7B capex plan.

Why It Matters

Black Hills Corporation's reaffirmed Buy rating and merger plans signal growth potential, while robust EPS growth and significant capex enhance its investment appeal amid a 12% discount.

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

Black Hills Corp. (NYSE: BKH) released its 2025 Corporate Sustainability Report, showcasing progress in emissions reduction, infrastructure investments, and energy solutions for community service.

Why It Matters

Black Hills Corp.'s sustainability report signals strong environmental commitment and strategic growth, potentially enhancing its reputation and attracting socially responsible investors.

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

The company is progressing on its project in collaboration with a hyperscaler customer.

Why It Matters

Progress with a hyperscaler customer signals potential revenue growth and strengthened partnerships, which can enhance market positioning and investor confidence.

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

Black Hills Corp. (NYSE: BKH) has filed a rate review application with the Colorado Public Utilities Commission to recover costs for electric service to over 102,000 customers in Southern Colorado.

Why It Matters

Black Hills Corp.'s rate review application signals potential revenue increases, impacting profitability and cash flow, which can influence stock performance and investor sentiment.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About BKH Stock

What is Black Hills Corporation's (BKH) stock forecast for 2027?

Based on our analysis of 2 Wall Street analysts, Black Hills Corporation (BKH) has a median price target of $86.00. The highest price target is $87.00 and the lowest is $80.00.

Is BKH stock a good investment in 2027?

According to current analyst ratings, BKH has 5 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $74.61. 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 $86.00 in the next 12 months. This represents a 15.3% increase from the current price of $74.61. 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 through the delivery of natural gas and electricity to residential, commercial, and industrial customers. It engages in electric utility operations and natural gas distribution while investing in infrastructure development to enhance service reliability and efficiency.

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

The highest price target for BKH is $87.00 from Ross Fowler at B of A Securities, which represents a 16.6% increase from the current price of $74.61.

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

The lowest price target for BKH is $80.00 from at , which represents a 7.2% increase from the current price of $74.61.

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

The overall analyst consensus for BKH is bullish. Out of 2 Wall Street analysts, 5 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $86.00.

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: July 18, 2026 2:12 AM UTC
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