Black Hills Corporation (BKH)
NYSE: BKH · Real-Time Price · USD
82.01
+0.55 (0.68%)
Oct 30, 2026, 4:00 PM EDT - Market closed

Black Hills Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Black Hills stock has a consensus rating of "Strong Buy" and an average price target of $87.07. The average 1-year stock price forecast is 6.17% higher than the current stock price, while the lowest is $78 (-4.89%) and the highest is $91 (+10.96%).

Price Target: $87.07 (+6.17%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$78$87.07$89$91
Change-4.89%+6.17%+8.52%+10.96%

Analyst Ratings

The average analyst rating for Black Hills stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy344446
Buy111111
Hold100010
Sell000000
Strong Sell000000
Total555567

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Initiates
$87
BuyInitiates$87+6.08%Oct 15, 2026
BMO Capital
BMO Capital
Buy
Maintains
$83 → $86
BuyMaintains$83 → $86+4.87%Oct 8, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aOct 8, 2026
Freedom Capital Markets
Freedom Capital Markets
Buy
Upgrades
$69 → $78
BuyUpgrades$69 → $78-4.89%Oct 7, 2026
Scotiabank
Scotiabank
Buy
Maintains
$87 → $84
BuyMaintains$87 → $84+2.43%Oct 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.45B
from 2.31B
Increased by 6.27%
Revenue Next Year
4.33B
from 2.45B
Increased by 76.33%
EPS This Year
4.35
from 4.10
Increased by 6.18%
EPS Next Year
4.62
from 4.35
Increased by 6.13%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.95B2.55B2.33B2.13B2.31B2.45B
Revenue Growth
14.86%30.92%-8.64%-8.73%8.57%6.27%
Net Income
236.70M258.40M262.20M273.10M291.60M329.27M
EPS
----4.104.35
EPS Growth
----4.86%6.18%
Forward PE
18.5817.1413.4914.2315.3218.84
Dividend / Share
2.322.412.502.602.702.81
Dividend Growth
6.91%3.88%3.73%4.00%4.00%3.93%
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.7B
Avg2.5B
Low2.3B

Revenue Growth

Revenue Growth202620272028
High
15.7%
Avg
6.3%
Low
1.3%

EPS Forecast

EPS202620272028
High4.41
Avg4.35
Low4.33

EPS Growth

EPS Growth202620272028
High
7.6%
Avg
6.2%
Low
5.6%