Black Hills Corporation

BKH Stock Price Prediction

Black Hills Corporation

Our Rating: BUY

Based on 24/7 Wall St.'s proprietary analysis, we are setting a target price of $86.60 for Black Hills Corporation (BKH) over the next 12 months. This target price suggests a 14.70% upside from the current price of $75.50. In an optimistic scenario, BKH could reach as high as $99.81, while our conservative scenario places the floor at $75.15. Wall Street analyst sentiment shows 3 Buy, 1 Hold, and 0 Sell ratings from 4 analysts covering the stock.

Current Price

$75.50

Target Price

$86.60

Optimistic Scenario

$99.81

Conservative Scenario

$75.15

The Bottom Line

Black Hills Corporation appears attractively valued at current levels. With a 14.7% upside to our $86.60 target, the risk-reward profile looks favorable for investors with a 12-month time horizon. Wall Street agrees, with 75% of analysts rating it a Buy.

12-Month Price Scenarios

Where BKH could be in one year

Optimistic $99.81
Target Price $86.60
Conservative $75.15

This chart shows three potential price paths for BKH over the next 12 months: our Target Price, an Optimistic Scenario, and a Conservative Scenario. Learn how we calculate our price targets →

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Projections are estimates based on current data

Catalysts

Factors that could drive upside

In our optimistic scenario, BKH could reach $99.81 (+32.2% from current price). Key catalysts include:

  • Better-than-expected earnings results
  • Favorable sector and market conditions
  • Positive analyst revisions or upgrades

Risks

Factors that could limit upside

In our conservative scenario, BKH could fall to $75.15 (-0.5% from current price). Key risks include:

  • Earnings misses or guidance cuts
  • Broader market or economic headwinds
  • Increased competition or margin pressure

Analyst Sentiment

4 analysts covering BKH

75% Buy Rating
Buy
Hold
Sell
Buy
3
Hold
1
Sell
0
24/7

The 24/7 Factor

Our proprietary price adjustment model

24/7 Wall St.'s stock forecasts utilize a number of factor adjustments that either increase or decrease a stock's 12-month price target. Toggle the factors our model uses on or off below to see how each impacts BKH's share price.

Our Adjustment

1.117×

Adjusted Target

$86.60

Factor Components Toggle to simulate

5-Year Price Projection

Long-term quarterly forecast through 2031

Optimistic Scenario

$147.90

+95.9%

Target Price

$118.49

+56.9%

Conservative Scenario

$85.47

+13.2%

Long-term projections factor in increased uncertainty over time.

Frequently Asked Questions

BKH stock price predictions and forecasts

What is the BKH stock price prediction for 2030?

Looking ahead to 2030, our model projects BKH could trade at an average price of $108.28, with a potential range between $81.21 and $135.35. This represents a potential 43.4% return from today's price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.

Is BKH a buy, sell, or hold right now?

24/7 Wall St. currently rates BKH as a BUY. Moderate upside (+14.7%) Among Wall Street analysts, 3 rate it Buy, 1 rate it Hold, and 0 rate it Sell.

What is the BKH stock price target in an optimistic scenario?

In our optimistic scenario for BKH, the stock could reach $99.81 over the next 12 months, representing a 32.2% gain from today's price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.

What is the downside risk for BKH stock?

Our conservative scenario projects BKH at $75.15 over the next 12 months, a modest 0.5% decline from today. This suggests relatively limited downside risk, though investors should still consider potential headwinds like earnings misses or market weakness.

How accurate are BKH stock price predictions?

Stock price predictions are forward-looking estimates, not guarantees. Our model for BKH incorporates analyst consensus, valuation metrics, technical indicators, and market sentiment. However, actual stock performance depends on many unpredictable factors including earnings surprises, macroeconomic changes, and market psychology. We provide optimistic and conservative scenarios alongside our target price to illustrate the range of potential outcomes. Always conduct your own research before investing.

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