BKH Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

809.88M

+35.64%

1.450

+5.84%

880.03M

+9.29%

2.007

+7.31%

508.70M

+26.35%

0.540

+42.11%

Estimates Revision

The market is revising No Change the revenue expectations for Black Hills Corporation (BKH) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 16.99%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+16.99%

In Past 3 Month

2 Analyst Rating

Wall Street analysts forecast BKH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BKH is 77.00 USD with a low forecast of 73.00 USD and a high forecast of 81.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

73.00

Averages

77.00

High

81.00

Current: 0.000

Low

73.00

Averages

77.00

High

81.00

Scotiabank

Sector Perform -> Outperform

upgrade

$66 -> $81

2025-11-07

Reason

Scotiabank

Price Target

$66 -> $81

2025-11-07

upgrade

Sector Perform -> Outperform

Reason

Scotiabank upgraded Black Hills to Outperform from Sector Perform with a price target of $81, up from $66. The firm says the company's upside from "high-probability" data centers in Wyoming "seems too tempting to resist." The analyst sees potential for significant earnings upside of 35% from the 1.8+GW Crusoe/Tallgrass project alone. While the pending merger of equals presents a near-term overhang, Black Hills shares have limited downside from a deal not closing, the analyst tells investors in a research note. Scotiabank likes the risk/reward at current levels.

Scotiabank

Sector Perform -> Outperform

upgrade

$81

2025-11-07

Reason

Scotiabank

Price Target

$81

2025-11-07

upgrade

Sector Perform -> Outperform

Reason

Scotiabank upgraded Black Hills to Outperform from Sector Perform with an $81 price target.

BofA

Ross Fowler

Underperform -> Neutral

upgrade

$57 -> $64

2025-08-20

Reason

BofA

Ross Fowler

Price Target

$57 -> $64

2025-08-20

upgrade

Underperform -> Neutral

Reason

BofA analyst Ross Fowler upgraded Black Hills (BKH) to Neutral from Underperform with a price target of $64, up from $57. The proposed merger with NorthWestern Energy (NWE) improves the fundamental outlook for Black Hills, the analyst tells investors in a research note. The firm believes the transaction should close in 12-15 months.

BofA

Ross Fowler

Buy -> No Rating

downgrade

2025-08-19

Reason

BofA

Ross Fowler

Price Target

2025-08-19

downgrade

Buy -> No Rating

Reason

BofA analyst Ross Fowler moved NorthWestern Energy (NWE) to No Rating from Buy after NorthWestern and Black Hills Corp. (BKH) announced an all-stock merger of equals. The transaction \"screens as largely positive and accretive\" for NorthWestern, but shares will now trade away from fundamentals and off the Black Hills valuation, the analyst tells investors.

BMO Capital

Outperform

initiated

$68

2025-05-12

Reason

BMO Capital

Price Target

$68

2025-05-12

initiated

Outperform

Reason

BMO Capital initiated coverage of Black Hills with an Outperform rating and $68 price target. The firm believes the shares are "excessively discounted" at current levels, trading at a20%-21% discount to peers "despite possessing many of the traits we expect to drive outperformance." Black Hills offers an attractive relative valuation, a regulated focused growth strategy, strong balance sheet, above average rate base growth, and possible upside leverage for capital spending, the analyst tells investors in a research note.

Scotiabank

Andrew Weisel

Hold

Maintains

$67 → $66

2025-02-07

Reason

Scotiabank

Andrew Weisel

Price Target

$67 → $66

2025-02-07

Maintains

Hold

Reason

Valuation Metrics

The current forward P/E ratio for Black Hills Corp (BKH.N) is 15.37, compared to its 5-year average forward P/E of 15.82. For a more detailed relative valuation and DCF analysis to assess Black Hills Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

15.82

Current PE

15.37

Overvalued PE

17.80

Undervalued PE

13.83

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

11.03

Current EV/EBITDA

9.94

Overvalued EV/EBITDA

12.53

Undervalued EV/EBITDA

9.52

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

1.89

Current PS

2.05

Overvalued PS

2.21

Undervalued PS

1.57

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

BKH News & Events

Events Timeline

No data

News

9.5

01-07Globenewswire

PinnedBlack Hills Corp to Announce 2025 Q4 and Full-Year Earnings on Feb 4

3.5

01-07Globenewswire

Black Hills Corp Completes $350 Million Ready Wyoming Electric Transmission Project in 3 Years

6.5

01-07Yahoo Finance

Paradiem Exits Brady Corporation Stake with $12.98 Million Transaction

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Frequently Asked Questions

What is Black Hills Corp (BKH) stock price today?

The current price of BKH is 71.32 USD — it has increased 0.18 % in the last trading day.

What is Black Hills Corp (BKH)'s business?

Black Hills Corporation is a customer-focused, growth-oriented utility company. It serves 1.35 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. Its segments include Electric Utilities and Gas Utilities. Its Electric Utilities segment generates, transmits and distributes electricity to approximately 225,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming. Its Electric Utilities own 1,394 megawatts of generation and 9,196 miles of electric transmission and distribution lines. Its Gas Utilities segment serves over 1,128,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. Its Gas Utilities own and operate 4,648 miles of intrastate gas transmission pipelines and 44,524 miles of gas distribution mains and service lines, seven natural gas storage sites, over 50,000 horsepower of compression, and 516 miles of gathering lines.

What is the price predicton of BKH Stock?

What is Black Hills Corp (BKH)'s revenue for the last quarter?

Black Hills Corp revenue for the last quarter amounts to 430.20M USD, increased 7.12 % YoY.

What is Black Hills Corp (BKH)'s earnings per share (EPS) for the last quarter?

Black Hills Corp. EPS for the last quarter amounts to 0.34 USD, decreased -2.86 % YoY.

What changes have occurred in the market's expectations for Black Hills Corp (BKH)'s fundamentals?

How many employees does Black Hills Corp (BKH). have?

Black Hills Corp (BKH) has 2841 emplpoyees as of January 09 2026.

What is Black Hills Corp (BKH) market cap?

Today BKH has the market capitalization of 5.37B USD.