Black Hills (BKH) Stock: Buy, Sell, or Hold?
BKH - Black Hills Corporation
$70.96
0.82 (1.17%)
▲
5d:
+0.71%
30d:
-2.25%
90d:
-1.66%
HOLD
LOW Confidence
Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Nov 04, 2026
Get Alerted When BKH Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD: BKH shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: BKH shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$94.25
Based on 5.2% avg growth
INTRINSIC VALUE TODAY
$58.52
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 15.9x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: BKH is currently trading at $70.96, which is considered oversold relative to its 30-day fair value range of $70.62 to $73.16. The stock's valuation (Forward PE: 15.4) is in line with its historical norms (15.9). Remarkably, the market is currently pricing in an annual earnings decline of 1.1% over the next few years. This pessimistic expectation contrasts with the company's recent 31.6% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, BKH is in a downtrend. Immediate support is located at $67.54, while resistance sits at $73.46.
Market Sentiment: BKH scores 72/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $83.17 (+17.2%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, BKH is in a downtrend. Immediate support is located at $67.54, while resistance sits at $73.46.
Market Sentiment: BKH scores 72/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $83.17 (+17.2%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$70.62 -
$73.16
Company Quality Score
54/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
88.1%
All Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (72/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($83.17)
- CAUTION: Bottoming setup, but lagging the sector by 17% over 20 days — wait for relative strength
Trading Range Analysis
30-Day Trading Range
$70.62 -
$73.16
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$67.54
Resistance Level
$73.46
Current Trend
Downtrend
Technical data as of
Oct 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
15.39
Wall Street Target
$83.17
(+17.2%)
Revenue Growth (YoY)
3.1%
Earnings Growth (YoY)
31.6%
Profit Margin
13.0%
Valuation Discount vs History
-1.1% cheaper
PE vs Historical
15.4 vs 15.9
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-1.1%
(market-implied from PE analysis)
1-Year Target
$70.18
(-1%)
2-Year Target
$69.41
(-2%)
3-Year Target
$68.64
(-3%)
3-Yr Target (if PE normalizes)
(PE: 15→16)
$70.94
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.4, Growth: 6.3%)
$113.06
(+59%)
Base:
(SPY PE: 15.4, Growth: 6.3%)
$85.27
(+20%)
Bear:
(PE: 13.1, Growth: 6.3%)
$72.48
(+2%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (18x PE), but valuation improves significantly next year (15x PE) as earnings recover.
Trailing PE: 17.67 | Current EPS (TTM): $3.97
Bull Case
$89.63
(+26%)
Analyst growth 16.2%, PE expands to 19.4
Base Case
$81.48
(+15%)
Market implied 16.2%, PE stable at 17.7
Bear Case
$47.70
(-33%)
Severe decline -20.0%, PE contracts to 15.0
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 15.4 to 15.9
Stabilization Target:
$73.33
(+3.3%)
PE Expansion Potential:
+3.3%
Share & Embed Analysis
Last updated: October 02, 2026 11:43 PM ET
Data refreshes hourly during market hours. Next update: 12:43 AM
Data refreshes hourly during market hours. Next update: 12:43 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is BKH showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Utilities - Regulated Gas Stocks
Top-rated stocks in Utilities - Regulated Gas by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
NI
NiSource Inc |
STRONG BUY
17 analysts |
$50 | 68 BUY |
|
ATO
Atmos Energy Corporation |
HOLD
15 analysts |
$186 | 56 HOLD |
|
OPAL
OPAL Fuels Inc |
STRONG BUY
8 analysts |
$3 | 41 HOLD |
|
SR
Spire Inc |
HOLD
10 analysts |
$93 | 61 BUY |
|
MDU
MDU Resources Group Inc |
BUY
5 analysts |
$24 | 64 BUY |
