# Black Hills (BKH) — Analyst Forecast

BKH · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/bkh/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 8 | 0 | 0 | 8 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $78.00 | $87.00 | $97.00 | 4 |

Last price $75.87 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 15, 2026 | Jefferies | Initiated Coverage | Buy | $87.00 |
| Oct 8, 2026 | BMO Capital | Maintained | Outperform | $86.00 |
| Oct 7, 2026 | Freedom Broker | Upgraded | Hold → Buy | $78.00 |
| Sep 30, 2026 | Freedom Broker | Initiated Coverage | Hold | $69.00 |
| Sep 21, 2026 | B of A Securities | Maintained | Buy | $97.00 |
| Jul 22, 2026 | BMO Capital | Maintained | Outperform | $85.00 |
| Jul 10, 2026 | B of A Securities | Maintained | Buy | $87.00 |
| Jun 11, 2026 | B of A Securities | Upgraded | Neutral → Buy | $78.00 |
| Apr 15, 2026 | BMO Capital | Maintained | Outperform | $91.00 |
| Apr 9, 2026 | B of A Securities | Maintained | Neutral | $76.00 |
| Apr 1, 2026 | Ladenburg Thalmann | Initiated Coverage | Buy | $77.00 |
| Feb 9, 2026 | BMO Capital | Maintained | Outperform | $84.00 |
| Jan 27, 2026 | BMO Capital | Maintained | Outperform | $82.00 |
| Nov 7, 2025 | Scotiabank | Upgraded | Sector Perform → Sector Outperform | $81.00 |
| Aug 20, 2025 | B of A Securities | Upgraded | Underperform → Neutral | $64.00 |
| May 13, 2025 | BMO Capital | Initiated Coverage | Outperform | $68.00 |
| Feb 7, 2025 | Scotiabank | Maintained | Sector Perform | $66.00 |
| Dec 12, 2024 | Scotiabank | Maintained | Sector Perform | $67.00 |
| Aug 20, 2024 | Scotiabank | Maintained | Sector Perform | $63.00 |
| Aug 2, 2024 | Wells Fargo | Maintained | Equal-Weight | $64.00 |

## Frequently Asked Questions

### What is the price target for BKH stock?

The average 12-month analyst price target for Black Hills (BKH) is $87.00, with a high estimate of $97.00 and a low of $78.00, across 4 analysts.

### Is BKH a buy, sell, or hold?

Analysts covering Black Hills currently average a Buy rating: 8 buy, 0 hold and 0 sell, from 8 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for BKH?

The average price target of $87.00 implies 14.67% upside from the last price of $75.87.

### What is the latest analyst rating on BKH?

On Oct 15, 2026, Jefferies initiated coverage of Black Hills at Buy with a price target of $87.00.

## Similar Stocks

- [NWE](https://www.lighthorse.io/tickers/nwe) — NorthWestern Energy Group, Inc.  - Common Stock
- [OGE](https://www.lighthorse.io/tickers/oge) — OGE Energy Corp Common Stock
- [AVA](https://www.lighthorse.io/tickers/ava) — Avista Corporation Common Stock
- [POR](https://www.lighthorse.io/tickers/por) — Portland General Electric Co Common Stock
- [LNT](https://www.lighthorse.io/tickers/lnt) — Alliant Energy Corporation - Common Stock
- [CMS](https://www.lighthorse.io/tickers/cms) — CMS Energy Corporation Common Stock
- [AEE](https://www.lighthorse.io/tickers/aee) — Ameren Corporation Common Stock
- [EVRG](https://www.lighthorse.io/tickers/evrg) — Evergy, Inc. - Common Stock
- [IDA](https://www.lighthorse.io/tickers/ida) — IDACORP, Inc. Common Stock
- [DTE](https://www.lighthorse.io/tickers/dte) — DTE Energy Company Common Stock

---

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).