What Is Black Hills Corporation (BKH) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, Black Hills Corporation's intrinsic value is estimated at $50.02, suggesting the stock is overvalued at its current price of $75.83. With 10 out of 13 models flagging downside (-34.0% average return), the market may be pricing in unsustainable growth. The most optimistic model, Bayesian DCF, places fair value at $166.06 (+119.0%), while EPV — the most conservative — estimates $5.98 (-92.1%). This +211.1% gap reflects genuine analytical uncertainty about Black Hills Corporation's intrinsic worth.
What Do the Models Say About BKH?
13 of 13 models are currently active for BKH. Of these, 3 models suggest upside while 10 models suggest overvaluation. The Bayesian DCF estimates BKH's intrinsic value at $166.06, implying +119.0% upside from the current price. See which stocks rank higher →
How Does BKH Rank in Electric Services?
Among 70 Electric Services stocks, BKH ranks #19 by Quality of Company score. CirclFi's QOC score of 7.2/10 evaluates 32 fundamental signals. A score of 7.2 indicates above-average quality.
See all Most Undervalued Electric Services Stocks →
Within the Electric Services space, Black Hills Corporation competes in an environment where capital investment plan often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.
Is BKH a Value Trap?
CirclFi's Value Trap algorithm assigns BKH a score of 18/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
13 of 13 models are active for Black Hills Corporation. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi 32-factor quality framework, Black Hills Corporation's fundamental quality profile registers 7.2/10. This respectable score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.
The gap between the most bullish and bearish model spans +211.1% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every BKH valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across BKH's 13 active models, average confidence is 44%. Lower confidence may reflect limited history or high volatility.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →
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