Black Hills stock gained 1.17 percent after Q2 earnings beat
Published on 10/05/2026 at 09:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Black Hills Corporation stock (ISIN US0921131092) was last at USD 70.96 on the NYSE on October 2, 2026, up 1.17 percent from the prior session. The utility's second-quarter adjusted EPS reached USD 0.54 against USD 0.41 consensus, while revenue rose 3.1 percent year over year to USD 452.8 million, according to MarketBeat in its September 30, 2026 coverage.
Q2 earnings beat expectations
The adjusted EPS result exceeded consensus by USD 0.13 in Q2 2026, while the USD 452.8 million revenue result trailed the USD 490.89 million estimate cited by MarketBeat. The earnings comparison was also favorable year over year, with adjusted EPS rising from USD 0.38 in Q2 2025 to USD 0.54 in Q2 2026.
Black Hills reaffirmed fiscal 2026 adjusted EPS guidance of USD 4.25 to USD 4.45, and analyst estimates place the full-year figure at USD 4.34, according to MarketBeat on September 28, 2026. The guidance midpoint of USD 4.35 sits close to that consensus estimate, making execution against the upper half of the range the central operating test.
Analyst target stays above price
Six analysts rated Black Hills Buy and one rated it Hold in the latest coverage cited by MarketBeat on September 30, 2026, producing a Moderate Buy consensus and an average price target of USD 81.29. That target lies 14.6 percent above the October 2 price of USD 70.96, although the same report records Freedom Broker's Hold rating and USD 69 target.
Bank of America raised its Black Hills target to USD 97 from USD 87 and kept a Buy rating on September 21, 2026, as Markets Insider reported. The firm linked its stronger view to Wyoming data center opportunities, adding a growth argument to Black Hills' regulated utility earnings base.
Stock remains below yearly high
Black Hills had a market capitalization of USD 5.4 billion and volume of 814,089 shares on October 2, 2026. The USD 70.96 last price sat within the 52-week range of USD 59.91 to USD 78.69, leaving the stock below its yearly high while the earnings outlook and analyst targets remained higher than the latest market value.
Black Hills stock facts
- Company: Black Hills Corporation
- ISIN: US0921131092
- WKN: 867434
- Ticker: BKH
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 70.96
- Market capitalization: USD 5.4 billion (as of October 2, 2026)
- 52-week range: USD 59.91-78.69 (as of October 2, 2026)
- Sector / Industry: Utilities / Regulated Gas
