Black Hills Corporation (BKH)
NYSE: BKH · Real-Time Price · USD
59.39
-0.03 (-0.05%)
Sep 12, 2025, 4:00 PM EDT - Market closed

Black Hills Stock Forecast

Stock Price Forecast

The 3 analysts that cover Black Hills stock have a consensus rating of "Hold" and an average price target of $66, which forecasts a 11.13% increase in the stock price over the next year. The lowest target is $64 and the highest is $68.

Price Target: $66 (+11.13%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$64$66$66$68
Change+7.76%+11.13%+11.13%+14.50%

Analyst Ratings

The average analyst rating for Black Hills stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy000000
Buy011111
Hold433322
Sell000000
Strong Sell000000
Total444433

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
B of A Securities
B of A Securities
Hold
Upgrades
$57$64
HoldUpgrades$57$64+7.76%Aug 20, 2025
B of A Securities
B of A Securities
Strong Sell
Maintains
$56$57
Strong SellMaintains$56$57-4.02%Aug 1, 2025
BMO Capital
BMO Capital
Buy
Initiates
$68
BuyInitiates$68+14.50%May 13, 2025
Scotiabank
Scotiabank
Hold
Maintains
$67$66
HoldMaintains$67$66+11.13%Feb 7, 2025
Scotiabank
Scotiabank
Hold
Maintains
$63$67
HoldMaintains$63$67+12.81%Dec 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.27B
from 2.13B
Increased by 6.50%
Revenue Next Year
2.33B
from 2.27B
Increased by 2.87%
EPS This Year
4.13
from 3.91
Increased by 5.71%
EPS Next Year
4.35
from 4.13
Increased by 5.13%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.70B1.95B2.55B2.33B2.13B2.27B2.33B
Revenue Growth
-2.19%14.86%30.92%-8.64%-8.73%6.50%2.87%
EPS
3.653.743.973.913.914.134.35
EPS Growth
11.25%2.50%6.15%-1.51%-5.71%5.13%
Forward PE
-----14.3713.67
No. Analysts
-----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High2.6B2.7B
Avg2.3B2.3B
Low2.0B2.1B

Revenue Growth

Revenue Growth202520262027
High
22.6%
20.2%
Avg
6.5%
2.9%
Low
-4.3%
-8.5%

EPS Forecast

EPS20252026202720282029
High4.334.57
Avg4.134.35
Low3.974.13

EPS Growth

EPS Growth20252026202720282029
High
10.6%
10.5%
Avg
5.7%
5.1%
Low
1.5%
-0.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.