The AI-Driven Rise in Power Bills Are Causing a $25 Billion Problem for Utility Stocks
The electricity demand from data centers is straining the power grid and pushing power prices higher, leading to unpaid utility bills.
BKH - Black Hills Corporation
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$84.50
DETAILS
HIGH:
$91.00
LOW:
$78.00
MEDIAN:
$84.50
CONSENSUS:
$84.50
UPSIDE:
13.26%
Stock News
Black Hills Corp. Schedules 2026 Second-Quarter Earnings Release and Conference Call
RAPID CITY, S.D., July 08, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2026 second-quarter earnings after the market closes Wednesday, Aug. 5, 2026, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, Aug. 6, 2026, to discuss the company's financial results.
Dakota Gold Completes Pre-Feasibility Drilling and Releases Further Assay Results from the Richmond Hill Gold Project
Lead, South Dakota--(Newsfile Corp. - July 6, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report additional assay results from its 2026 Drill Campaign at the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or the "Project"). The 2026 Drill Campaign is now complete, and totalled 17,273 meters of infill, expansion, and geotechnical drilling across 112 holes.
Black Hills Corp. Releases 2025 Corporate Sustainability Report Highlighting Continued Progress on Goals and Customer-focused Solutions
RAPID CITY, S.D., June 24, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2025 Corporate Sustainability Report, highlighting continued progress toward emissions reduction goals, strategic infrastructure investments and innovative solutions to deliver safe, reliable and cost-effective energy across the communities it serves.
Unlocking Growth Through A Merger: Black Hills Corporation
Black Hills Corporation is reaffirmed as a Buy, trading at a 12% discount to a $82 fair value estimate. The merger with NorthWestern Energy is on track for 2026, enhancing BKH's growth profile and asset footprint. BKH projects robust adjusted EPS growth of 6.3% annually, supported by secular demand drivers and a $4.7B capex plan.
Black Hills Corp. Requests Rate Review in Colorado
RAPID CITY, S.D., June 12, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Colorado electric utility has filed a rate review application with the Colorado Public Utilities Commission requesting recovery of the necessary capital infrastructure and operational costs required to deliver safe, reliable electric service to over 102,000 customers in Southern Colorado.
The 127-Gigawatt Problem: Why AI Needs Its Own Power
As hyperscalers race to deploy massive data centers to train the next generation of large language models, they are hitting a physical wall. Artificial intelligence is no longer constrained by the supply of advanced semiconductors, but it is fundamentally bottlenecked by the availability of raw electricity.
Here Are Thursday’s Best Wall Street Analyst Research Calls: Callaway Golf, Chewy, CME Group, Danaher, General Dynamics, Intel, SpaceX, Rocket Lab, Toast, and More
Pre-Market Stock Futures: Futures are trading higher after a dreadful day on Wall Street, when all the major indices traded lower, and we saw the same pattern that has developed over the last week. The "Buy the Dip" traders come in, briefly get an uptick, and a move higher, and the sellers swarm in to... Here Are Thursday's Best Wall Street Analyst Research Calls: Callaway Golf, Chewy, CME Group, Danaher, General Dynamics, Intel, SpaceX, Rocket Lab, Toast, and More
Black Hills Corp. Provides an Update on 1.8-Gigawatt Project in Cheyenne
Continues to advance the project and is working directly with the hyperscaler customer Continues to advance the project and is working directly with the hyperscaler customer
Black Hills Corp (BKH) Stock Down 6.1% but Still Overvalued -- GF Score: 75/100
On June 09, 2026, Black Hills Corp (BKH) shares fell 6.1% to a current price of $67.78, marking a decline of 9.0% over the past month and a year-to-date change
Market Crash: The 3 Best Dividend Stocks to Buy Right Now
Some people aren't trusting this market rally, which continues to move higher. Every portfolio should have some defensive plays in it in case of a market downturn.
After Next Era's Dominion Purchase, Are These High-Yield Dividend Utilities Next?
NextEra Energy's (NYSE: NEE | NEE Price Prediction) agreement to acquire Dominion Energy (NYSE: D) in a roughly $67 billion all-stock deal has investors hunting for the next big utility consolidation targets.
Black Hills Q1 Earnings Call Highlights
Black Hills NYSE: BKH executives said the utility remained on track to meet its 2026 earnings targets despite unusually warm winter weather that weighed on first-quarter demand, while also outlining progress on its pending merger with NorthWestern Energy and a growing pipeline of large-load data center opportunities.
Black Hills Corporation (BKH) Q1 2026 Earnings Call Transcript
Black Hills Corporation (BKH) Q1 2026 Earnings Call Transcript
Black Hills Corp. Reaffirms 2026 Earnings Guidance, Reports 2026 First-Quarter Results, and Provides Updates on Merger with NorthWestern Energy and Data Center Progress
RAPID CITY, S.D., May 06, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter ended March 31, 2026. Net income available for common stock and earnings per share, diluted (EPS) for the three months ended March 31, 2026, compared to the three months ended March 31, 2025, were:
Better Dividend Stock: NextEra Energy vs. Black Hills
Black Hills is one of a small number of utilities that have achieved Dividend King status. NextEra Energy is a utility that has an impressive history of dividend growth.
Black Hills: Plug Your Portfolio Into Strong Utility Returns
Black Hills remains a "Buy," supported by a 56-year dividend growth streak and a BBB+ credit rating. BKH's merger with NorthWestern Energy is progressing, with closure expected by the end of 2026 and significant EPS growth catalysts from data center demand and rate recovery. Shares are trading at a 6% discount to fair value, with a projected 10% annual total return and a forward dividend yield of 3.7%.
Black Hills Corp. Announces Quarterly Dividend
RAPID CITY, S.D., April 28, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a quarterly dividend on the common stock at a meeting held April 28, 2026.
Best Dividend Kings: April 2026
Dividend Kings are outperforming SPY year-to-date, with 36 of 58 beating the index with an average gain of 7.03% versus SPY's 4.18%. Twenty-seven Dividend Kings are both potentially undervalued and offer a long-term annualized expected return of at least 10%. Recent dividend increases among Kings have been modest, with the average 2026 dividend growth rate rising to 3.11%.
I'd Buy More of These 3 Dividend Stocks Before the Market Figures Out What It's Missing
Utility companies generate reliable revenue. Sales growth can be constrained because of regulated rate structures.
Price Targets
BofA Securities Upgrades Black Hills Corp (BKH) to Buy
$78.00
(was $71.94)
Oppenheimer
Black Hills price target raised to $91 from $84 at BMO Capital
$91.00
(was $76.60)
Edward DeArias
·
BMO Capital
Black Hills price target raised to $84 from $82 at BMO Capital
$84.00
(was $72.30)
BMO Capital
Scotiabank Upgrades Black Hills Corp (BKH) to Sector Outperform
$81.00
(was $69.18)
Andrew Weisel
·
Scotiabank
Black Hills price target raised to $57 from $53 at Mizuho
$57.00
(was $56.87)
Anthony Crowdell
·
Mizuho Securities