Black Hills Corporation is expected to report Q3 2026 consensus revenue of $483.04 million and EPS of $0.47, with shares currently trading near $82.01 against an average analyst price target of $87.07. Investors are primarily focused on the company's data center expansion, specifically the progress of its 1.8 GW agreement with Google to power AI facilities in Wyoming.
Management is also expected to provide updates on its pending all-stock merger with NorthWestern Energy, which has already received several key regulatory approvals. These developments, along with multiple ongoing utility rate reviews in South Dakota and Wyoming, are seen as critical drivers for the company's long-term earnings growth targets.