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Black Hills (BKH) Stock Forecast & Price Target

Black Hills logo
$73.98 +0.14 (+0.19%)
Closing price 03:59 PM Eastern
Extended Trading
$72.85 -1.13 (-1.53%)
As of 07:55 PM Eastern
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Black Hills - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
1
Buy
5

Based on 6 Wall Street analysts who have issued ratings for Black Hills in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a hold rating, and 5 have given a buy rating for BKH.

Consensus Price Target

$81.40
10.03% Upside
According to the 6 analysts' twelve-month price targets for Black Hills, the average price target is $81.40. The highest price target for BKH is $91.00, while the lowest price target for BKH is $76.00. The average price target represents a forecasted upside of 10.03% from the current price of $73.98.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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BKH Analyst Ratings Over Time

TypeCurrent Forecast
5/6/25 to 5/6/26
1 Month Ago
4/6/25 to 4/6/26
3 Months Ago
2/5/25 to 2/5/26
1 Year Ago
5/6/24 to 5/6/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
0 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$81.40$77.60$75.67$62.33
Forecasted Upside10.03% Upside8.94% Upside1.67% Upside1.29% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyHold

BKH Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BKH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Black Hills Stock vs. The Competition

TypeBlack HillsUtilities CompaniesS&P 500
Consensus Rating Score
2.83
2.38
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside11.55% Upside38.36% Upside14.01% Upside
News Sentiment Rating
Positive News

See Recent BKH News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
4/15/2026Boost TargetOutperform$84.00 ➝ $91.00+18.80%
4/9/2026
Bank of America Corporation logo
Bank of America
4 of 5 stars
Ross Fowler
Ross Fowler
Not Rated
Boost TargetNeutral$72.00 ➝ $76.00+2.99%
4/1/2026
Paul Fremont
Paul Fremont
Not Rated
Initiated CoverageBuy$77.00+11.16%
3/27/2026 Reiterated RatingBuy (B-)
3/12/2026 UpgradeHoldBuy$79.00 ➝ $82.00+15.10%
11/7/2025UpgradeSector PerformSector Outperform$66.00 ➝ $81.00+19.43%
8/2/2024 Boost TargetEqual Weight$61.00 ➝ $64.00+9.53%
6/4/2024 Boost TargetNeutral$53.00 ➝ $57.00+1.75%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 11:59 PM ET.


BKH Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Black Hills is $81.40, with a high forecast of $91.00 and a low forecast of $76.00.

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last twelve months. There is currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BKH shares.

According to analysts, Black Hills's stock has a predicted upside of 10.03% based on their 12-month stock forecasts.

Over the previous 90 days, Black Hills's stock had 1 upgrade by analysts.

Black Hills has been rated by research analysts at Bank of America, BMO Capital Markets, LADENBURG THALM/SH SH, Siebert Williams Shank, and Weiss Ratings in the past 90 days.

Analysts like Black Hills more than other "utilities" companies. The consensus rating for Black Hills is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how BKH compares to other companies.


This page (NYSE:BKH) was last updated on 5/6/2026 by MarketBeat.com Staff.
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