BLACK HILLS CORP (BKH) Forecast, Price Target & Analyst Ratings

NYSE:BKH • US0921131092

Current stock price

71.59 USD
-0.12 (-0.17%)
At close:
71.59 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for BLACK HILLS CORP (BKH).

Forecast Snapshot

Consensus Price Target

Price Target
$82.11
+ 14.69% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$2.03
Revenue Estimate
877.09M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
75.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$82.11
Upside
+ 14.69%
From current price of $71.59 to mean target of $82.11, Based on 8 analyst forecasts
Low
$72.72
Median
$83.13
High
$91.35

Price Target Revisions

1 Month
1.58%
3 Months
7.33%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for BKH. The average price target is 82.11 USD. This implies a price increase of 14.69% is expected in the next year compared to the current price of 71.59.
The average price target has been revised upward by 7.33% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

BKH Current Analyst RatingBKH Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

BKH Historical Analyst RatingsBKH Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
75.00%
BKH was analyzed by 8 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about BKH.
In the last month the buy percentage fell by 5 points. So the trust of analysts is decreasing.
BKH was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-09BMO CapitalMaintains Outperform -> Outperform
2026-01-27BMO CapitalMaintains Outperform -> Outperform
2025-11-07ScotiaBankUpgrade Sector Perform -> Sector Outperform
2025-08-20B of A SecuritiesUpgrade Underperform -> Neutral
2025-05-13BMO CapitalInitiate Outperform
2025-02-07ScotiaBankMaintains Sector Perform -> Sector Perform
2024-12-12ScotiaBankMaintains Sector Perform -> Sector Perform
2024-08-20ScotiaBankMaintains Sector Perform -> Sector Perform
2024-08-02Wells FargoMaintains Equal-Weight -> Equal-Weight
2024-06-04MizuhoMaintains Neutral -> Neutral
2024-05-10Wells FargoMaintains Equal-Weight -> Equal-Weight
2024-04-22ScotiaBankMaintains Sector Perform -> Sector Perform
2024-02-09ScotiaBankMaintains Sector Perform -> Sector Perform
2024-02-09RBC CapitalMaintains Sector Perform -> Sector Perform
2023-11-21MizuhoUpgrade Underperform -> Neutral
2023-11-20B of A SecuritiesMaintains Underperform -> Underperform
2023-09-22MizuhoMaintains Underperform -> Underperform
2023-09-06RBC CapitalMaintains Sector Perform -> Sector Perform
2023-08-04Wells FargoMaintains Equal-Weight -> Equal-Weight
2023-07-21MizuhoMaintains Underperform -> Underperform
2023-02-10RBC CapitalDowngrade Outperform -> Sector Perform
2023-02-09Sidoti & Co.Downgrade Buy -> Neutral
2023-02-09MizuhoDowngrade Neutral -> Underperform
2023-02-09Wells FargoMaintains Equal-Weight
2023-02-08ScotiaBankDowngrade Sector Outperform -> Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$2.03
Revenue Estimate
877.09M
Revenue Q2Q
8.93%
EPS Q2Q
8.56%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
10.90%
EPS (1 Month)
0.00%
EPS (3 Months)
-0.12%

Next Earnings Summary

BKH is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is 2.03 USD and the consensus revenue estimate is 877.09M USD.
The next earnings revenue estimate has been revised upward by 10.9% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
BKH revenue by date.BKH revenue by date.
2.331B
-8.64%		2.128B
-8.73%		2.31B
8.57%		2.433B
5.32%		2.526B
3.82%		2.456B
-2.77%		2.925B
19.10%		3.091B
5.68%
EBITDA
YoY % growth
BKH ebitda by date.BKH ebitda by date.
729.5M
3.31%		773.2M
5.99%		821.3M
6.22%		971.44M
18.28%		1.007B
3.66%		990.46M
-1.64%		1.144B
15.50%		1.227B
7.26%
EBIT
YoY % growth
BKH ebit by date.BKH ebit by date.
472.7M
3.84%		503.1M
6.43%		537.5M
6.84%		605.6M
12.67%		641.63M
5.95%		663.21M
3.36%		779.87M
17.59%		833.25M
6.84%
Operating Margin
BKH operating margin by date.BKH operating margin by date.
20.28%23.65%23.27%24.89%25.40%27.00%26.66%26.96%
EPS
YoY % growth
BKH eps by date.BKH eps by date.
3.92
-1.75%		3.92
0.00%		4.00
2.04%		4.40
9.90%		4.65
5.69%		4.94
6.23%		5.25
6.31%		5.57
6.16%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		2.03
8.56%		0.52
36.44%		0.57
67.34%		1.38
-2.34%		2.030.55
6.49%		0.60
4.73%		1.47
6.60%
Revenue
Q2Q % growth		877.09M
8.93%		507.25M
15.55%		490.86M
14.10%		570.65M
-10.20%		690.84M
-21.23%		488.84M
-3.63%		492.88M
0.41%		597.92M
4.78%
EBITDA
Q2Q % growth		323.8M
18.09%		197.85M
-10.68%		170.69M
-40.98%		225.23M
-50.52%		309.06M
-4.55%		172.71M
-12.71%		175.74M
2.96%		245.43M
8.97%
EBIT
Q2Q % growth		244.55M
19.29%		118.6M
43.76%		79.79M
1.39%		133.32M
-22.22%		211.09M
-13.68%		74.74M
-36.98%		77.77M
-2.53%		148.47M
11.36%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

BKH Yearly Revenue VS EstimatesBKH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B
BKH Yearly EPS VS EstimatesBKH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
7.26%
EPS Next 5 Year
6.85%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.54%
Revenue Next 5 Year
5.67%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
20.00%
EBIT Next 5 Year
16.44%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

BLACK HILLS CORP / BKH Forecast FAQ

What is the price target for BKH stock?

8 analysts have analysed BKH and the average price target is 82.11 USD. This implies a price increase of 14.69% is expected in the next year compared to the current price of 71.59.

When does BLACK HILLS CORP (BKH) report earnings?

BLACK HILLS CORP (BKH) will report earnings on 2026-05-05, after the market close.

Can you provide the consensus estimates for BLACK HILLS CORP next earnings?

The consensus EPS estimate for the next earnings of BLACK HILLS CORP (BKH) is 2.03 USD and the consensus revenue estimate is 877.09M USD.

How many analysts have analysed BLACK HILLS CORP (BKH)?

The number of analysts covering BLACK HILLS CORP (BKH) is 8.