Black Hills Corporation (BKH) stock forecast: Can it reach its 52-week high of $66.26

Abby Carey

A share price of Black Hills Corporation [BKH] is currently trading at $64.75, up 0.20%. An important factor to consider is whether the stock is rising or falling in short-term value. The BKH shares have gain 1.54% over the last week, with a monthly amount glided 5.77%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Black Hills Corporation [NYSE: BKH] stock has seen the most recent analyst activity on August 20, 2025, when BofA Securities upgraded its rating to a Neutral but kept the price target unchanged to $64 for it. Previously, BMO Capital Markets started tracking the stock with Outperform rating on May 13, 2025, and set its price target to $68. On November 21, 2023, upgrade upgraded it’s rating to Neutral but maintained its price target of $53 on the stock. RBC Capital Mkts downgraded its rating to a Sector Perform and decreased its price target to $68 on February 10, 2023. Sidoti downgraded its rating to a Neutral but $67 remained the price target by the analyst firm on February 09, 2023. Mizuho downgraded its rating to Underperform for this stock on February 09, 2023, and downed its price target to $60. In a note dated February 08, 2023, Scotiabank downgraded an Sector Perform rating on this stock but restated the target price of $67.

Black Hills Corporation experienced fluctuations in its stock price throughout the past year between $54.92 and $66.26. Currently, Wall Street analysts expect the stock to reach $57 within the next 12 months. Black Hills Corporation [NYSE: BKH] shares were valued at $64.75 at the most recent close of the market. An investor can expect a potential drop of -11.97% based on the average BKH price forecast.

Analyzing the BKH fundamentals

Trailing Twelve Months sales for Black Hills Corporation [NYSE:BKH] were 2.24B which represents 9.04% growth. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 64.38 points at the first support level, and at 64.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.09, and for the 2nd resistance point, it is at 65.42.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Black Hills Corporation [NYSE:BKH] is 0.64. On the other hand, the Quick Ratio is 0.49, and the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 2.10, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 16.33.

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