BKH

Black Hills Corporation

50
Fundamentals49/ 100
Valuation36/ 100
Upside potential48/ 100
Risk potential13/ 100

BKH's fundamentals are mixed, but it looks expensive: trading at 21x earnings, above its usual 17x. Analysts expect earnings growth.

OKLO

Oklo Inc.

There isn't enough reported data to score OKLO yet.

BKH Fundamentals

MetricStatus
Stable
Healthy
Weak
Weak

BKH's profitability is currently healthy, and its revenue is stable, but its cash flow and balance sheet are weak.

OKLO Fundamentals

MetricStatus
Unavailable
Weak
Unavailable
Unavailable

OKLO's profitability is currently weak. There isn't enough data to rate its revenue, cash flow and balance sheet.

BKH PE Valuation

CHEAPFAIREXPENSIVE6.7x13x20x27x
CHEAPFAIREXPENSIVE6.7x13x20x27x
LevelPEPriceVs current
Cheap15x$61.07-30%
Fair17x$71.87-18%
Expensive19x$78.89-9.9%
Forward19x$87.53โ€”
Current21x$87.53โ€”

Historical ranges are pointers, not guarantees.

BKH's PE is in its expensive range at 21x. If earnings grow as analysts expect, today's price would be 19x next year's earnings.

OKLO PE Valuation

OKLO has no meaningful PE right now: it lost money over the past year.

BKH Forward outlook

MetricOutlook
Improving
Growth
Strong growth
Strongly weakening
Limited
High

Analysts expect earnings and revenue growth for BKH, but weaker profitability.

OKLO Forward outlook

MetricOutlook
--
Losses growing
Strong growth
--
Limited
Low

Analysts expect OKLO's losses to grow, with revenue growing. However, they disagree widely on these estimates.

BKH Risk to reward

ScenarioChangePrice
Upside+12%$98.22
Downside-13%$75.78

Calculated from the latest close: $87.53 on Nov 12.

There is not enough scenario data to compare BKH and OKLO's risk to reward.

OKLO Risk to reward

ScenarioChangePrice
UpsideUnknownโ€”
DownsideUnknownโ€”

Calculated from the latest close: $24.45 on Nov 12.

There is not enough scenario data to compare BKH and OKLO's risk to reward.

BKH Earnings Per Share

Q4 2023: $3.91Q1 2024: $4.05Q2 2024: $4.03Q3 2024: $3.71Q4 2024: $3.91Q1 2025: $3.91Q2 2025: $3.96Q3 2025: $3.95Q4 2025: $3.98Q1 2026: $3.84Q2 2026: $3.96Q3 2026: $4.16Forward: $4.66
Q4 2023: $3.91Q1 2024: $4.05Q2 2024: $4.03Q3 2024: $3.71Q4 2024: $3.91Q1 2025: $3.91Q2 2025: $3.96Q3 2025: $3.95Q4 2025: $3.98Q1 2026: $3.84Q2 2026: $3.96Q3 2026: $4.16Forward: $4.66
QuarterTTM EPSYoY
Forward$4.66+12%
Q3 2026$4.16+5.3%
Q2 2026$3.960%
Q1 2026$3.84-1.8%
Q4 2025$3.98+1.8%
Q3 2025$3.95+6.5%
Q2 2025$3.96-1.7%
Q1 2025$3.91-3.5%
Q4 2024$3.910%

BKH has the edge over OKLO in the latest year-over-year earnings comparison.

OKLO Earnings Per Share

Q1 2025: $-0.52Q2 2025: $-0.41Q3 2025: $-0.53Q4 2025: $-0.72Q1 2026: $-0.84Q2 2026: $-0.94Q3 2026: $-0.96
Q1 2025: $-0.52Q2 2025: $-0.41Q3 2025: $-0.53Q4 2025: $-0.72Q1 2026: $-0.84Q2 2026: $-0.94Q3 2026: $-0.96
QuarterTTM EPSYoY
Q3 2026-$0.96-$0.43
Q2 2026-$0.94-$0.53
Q1 2026-$0.84-$0.32

OKLO lost $0.96 per share over the past year, a bigger loss than the year before.

BKH Quarterly Revenue

Q4 2023: $592MQ1 2024: $726MQ2 2024: $403MQ3 2024: $402MQ4 2024: $597MQ1 2025: $805MQ2 2025: $439MQ3 2025: $430MQ4 2025: $636MQ1 2026: $781MQ2 2026: $453MQ3 2026: $466M
Q4 2023: $592MQ1 2024: $726MQ2 2024: $403MQ3 2024: $402MQ4 2024: $597MQ1 2025: $805MQ2 2025: $439MQ3 2025: $430MQ4 2025: $636MQ1 2026: $781MQ2 2026: $453MQ3 2026: $466M
QuarterRevenueYoY
Q3 2026$466.1M+8.3%
Q2 2026$452.8M+3.1%
Q1 2026$780.7M-3%
Q4 2025$635.5M+6.4%
Q3 2025$430.2M+7.1%
Q2 2025$439M+9%
Q1 2025$805.2M+11%
Q4 2024$597.1M+0.9%

BKH's revenue is recovering but still below its 2023 peak: $466M last quarter, up 8.3% from the same quarter a year ago.

OKLO Quarterly Revenue

Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: --Q4 2024: --Q1 2025: --Q2 2025: --Q3 2025: --Q4 2025: --Q1 2026: --Q2 2026: $1MQ3 2026: $2M
Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: --Q4 2024: --Q1 2025: --Q2 2025: --Q3 2025: --Q4 2025: --Q1 2026: --Q2 2026: $1MQ3 2026: $2M

OKLO and BKH do not have enough comparable growth data to identify a winner.

BKH Free Cash Flow

Q4 2023: $55MQ1 2024: $57MQ2 2024: $64MQ3 2024: โˆ’$86MQ4 2024: โˆ’$61MQ1 2025: $75MQ2 2025: โˆ’$30MQ3 2025: โˆ’$90MQ4 2025: โˆ’$102MQ1 2026: โˆ’$91MQ2 2026: โˆ’$23MQ3 2026: โˆ’$99M
Q4 2023: $55MQ1 2024: $57MQ2 2024: $64MQ3 2024: โˆ’$86MQ4 2024: โˆ’$61MQ1 2025: $75MQ2 2025: โˆ’$30MQ3 2025: โˆ’$90MQ4 2025: โˆ’$102MQ1 2026: โˆ’$91MQ2 2026: โˆ’$23MQ3 2026: โˆ’$99M
QuarterFree cash flowYoY
Q3 2026-$99.2M-$9.7M
Q2 2026-$23M+$7.3M
Q1 2026-$91.2M-222%
Q4 2025-$101.5M-$41M
Q3 2025-$89.5M-$3.5M
Q2 2025-$30.3M-147%
Q1 2025$74.9M+31%
Q4 2024-$60.5M-211%

BKH has the edge over OKLO on cash flow, with more consistent year-over-year improvement.

OKLO Free Cash Flow

Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: โˆ’$8MQ4 2024: โˆ’$14MQ1 2025: โˆ’$13MQ2 2025: โˆ’$19MQ3 2025: โˆ’$23MQ4 2025: โˆ’$60MQ1 2026: โˆ’$51MQ2 2026: โˆ’$142MQ3 2026: โˆ’$199M
Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: โˆ’$8MQ4 2024: โˆ’$14MQ1 2025: โˆ’$13MQ2 2025: โˆ’$19MQ3 2025: โˆ’$23MQ4 2025: โˆ’$60MQ1 2026: โˆ’$51MQ2 2026: โˆ’$142MQ3 2026: โˆ’$199M
QuarterFree cash flowYoY
Q3 2026-$199.5M-$176.4M
Q2 2026-$141.7M-$122.3M
Q1 2026-$50.7M-$38.1M
Q4 2025-$60.4M-$46.8M
Q3 2025-$23.1M-$15.1M

OKLO has burned cash in almost every quarter: โˆ’$452M over the past year, against โˆ’$69M the year before.

BKH Total Shares

Q4 2023: 67MQ1 2024: 68MQ2 2024: 69MQ3 2024: 71MQ4 2024: 70MQ1 2025: 72MQ2 2025: 72MQ3 2025: 73MQ4 2025: 73MQ1 2026: 76MQ2 2026: 76MQ3 2026: 76M
Q4 2023: 67MQ1 2024: 68MQ2 2024: 69MQ3 2024: 71MQ4 2024: 70MQ1 2025: 72MQ2 2025: 72MQ3 2025: 73MQ4 2025: 73MQ1 2026: 76MQ2 2026: 76MQ3 2026: 76M
PeriodChange %Net change
Quarterly+0.4%+300K shares
1 year+4.8%+3.5M shares
3 years+13%+9M shares
5 years+20%+13M shares
Available history+26%+15.6M shares

BKH has the edge over OKLO on shareholder dilution, with a more favorable share count trend.

OKLO Total Shares

Q2 2024: 100MQ3 2024: 122MQ1 2025: 138MQ2 2025: 140MQ3 2025: 150MQ4 2025: 146MQ1 2026: 170MQ2 2026: 176MQ3 2026: 189M
Q2 2024: 100MQ3 2024: 122MQ1 2025: 138MQ2 2025: 140MQ3 2025: 150MQ4 2025: 146MQ1 2026: 170MQ2 2026: 176MQ3 2026: 189M
PeriodChange %Net change
Quarterly+7%+12.4M shares
1 year+25%+38.2M shares

OKLO has 189M diluted shares, up 25% from a year ago.

BKH Net Leverage

Q4 2023: 5.9xQ1 2024: 5.7xQ2 2024: 5.6xQ3 2024: 5.7xQ4 2024: 5.7xQ1 2025: 5.5xQ2 2025: 5.4xQ3 2025: 5.4xQ4 2025: 5.5xQ1 2026: 5.6xQ2 2026: 5.2xQ3 2026: 5.1x
Q4 2023: 5.9xQ1 2024: 5.7xQ2 2024: 5.6xQ3 2024: 5.7xQ4 2024: 5.7xQ1 2025: 5.5xQ2 2025: 5.4xQ3 2025: 5.4xQ4 2025: 5.5xQ1 2026: 5.6xQ2 2026: 5.2xQ3 2026: 5.1x
QuarterNet LeverageStatus
Q3 20265.1xHigh
Q2 20265.2xHigh
Q1 20265.6xHigh
Q4 20255.5xHigh
Q3 20255.4xHigh
Q2 20255.4xHigh
Q1 20255.5xHigh
Q4 20245.7xHigh

BKH's net debt is about 5.1 years of its operating earnings (EBITDA), down from 5.4 years a year ago.

OKLO Net Leverage

OKLO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

BKH Weekly Momentum

MetricValueStatus
RSI74.3Overbought
Stochastic95.4Overbought

BKH's weekly RSI is 74 (overbought) and its Stochastic is 95 (overbought).

OKLO Weekly Momentum

MetricValueStatus
RSI30.2Neutral
Stochastic13.1Oversold

OKLO's weekly RSI is 30 (neutral) and its Stochastic is 13 (oversold).

BKH PE vs Utilities Sector

MetricBKHSector medianRelative
PE21x20x3.1% above
PE %964452 pts above

BKH is trading at 21x earnings, in line with the Utilities sector's median of 20x.

OKLO PE vs Utilities Sector

OKLO has no meaningful PE right now: it lost money over the past year.

BKH Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$78.512% above
20 week MA$75.316% above
50 week MA$73.619% above
100 week MA$66.931% above
200 week MA$62.341% above

BKH has the edge over OKLO on trend strength, trading above more of its moving averages.

OKLO Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$29.517% below
20 week MA$37.435% below
50 week MA$56.657% below
100 week MA$59.459% below
200 week MA$35.231% below

OKLO is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.

BKH Yearly ROI

YearStart priceEnd priceROI
2020$78.0$60.0-23%
2021$60.0$68.7+15%
2022$68.7$69.8+1.7%
2023$69.8$54.0-23%
2024$54.0$58.6+8.5%
2025$58.6$69.3+18%
2026 YTD$69.3$87.5+26%

BKH has the edge over OKLO on returns for 2026, with the stronger performance.

OKLO Yearly ROI

YearStart priceEnd priceROI
2021$10.1$9.79-2.6%
2022$9.79$9.88+0.9%
2023$9.88$10.6+6.9%
2024$10.6$22.8+116%
2025$22.8$76.9+238%
2026 YTD$76.9$24.5-68%

OKLO is down 68% so far in 2026, after finishing higher in four of the previous five years.

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