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Black Hills Announces Merger with NorthWestern Energy

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Black Hills Announces Merger with NorthWestern Energy

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Black Hills ( (BKH) ) has shared an update.

Black Hills Corporation announced a pending merger with NorthWestern Energy Group, approved on August 18, 2025, involving an all-stock business combination. The merger is subject to regulatory and shareholder approvals, with potential impacts on the companies’ operations and market positioning, though it also faces uncertainties and risks related to regulatory conditions and potential disruptions.

The most recent analyst rating on (BKH) stock is a Buy with a $68.00 price target. To see the full list of analyst forecasts on Black Hills stock, see the BKH Stock Forecast page.

Spark’s Take on BKH Stock

According to Spark, TipRanks’ AI Analyst, BKH is a Outperform.

Black Hills Corporation scores well due to strong technical momentum and positive corporate events, particularly the merger with NorthWestern Energy. While financial performance is solid, addressing revenue consistency and cash flow volatility could further enhance the company’s prospects.

To see Spark’s full report on BKH stock, click here.

More about Black Hills

Black Hills Corporation is involved in the energy industry, focusing on electric and natural gas distribution. The company is engaged in a pending merger with NorthWestern Energy Group, which also operates in the energy sector.

Average Trading Volume: 667,468

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.33B

See more data about BKH stock on TipRanks’ Stock Analysis page.

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