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NiSource (NI) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

NI Stock Forecast

NiSource (NI) stock forecast, based on 22 Wall Street analysts, predicts a 12-month average price target of $49.79, with a high of $52.00 and a low of $48.00. This represents a 15.04% increase from the last price of $43.28.

$35 $39 $43 $47 $51 $55 High: $52 Avg: $49.79 Low: $48 Last Closed Price: $43.28

NI Stock Rating

NiSource stock's rating consensus is Buy, based on 22 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 16 Buy (72.73%), 6 Hold (27.27%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 22 0 6 16 Strong Sell Sell Hold Buy Strong Buy

NI Price Target Upside V Benchmarks

TypeNameUpside
StockNiSource15.04%
SectorUtilities Stocks15.60%

Price Target Trends

1M3M12M
# Anlaysts4518
Avg Price Target$47.63$47.70$49.08
Last Closing Price$43.28$43.28$43.28
Upside/Downside10.05%10.21%13.40%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 26493--16
Sep, 26393--15
Aug, 263102-116
Jul, 262102-115
Jun, 262102-115
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2026HSBC$49.50$43.0015.12%14.37%
Oct 19, 2026James ThalackerBMO Capital$48.00$42.4912.97%10.91%
Oct 13, 2026Sophie KarpKeyBanc$48.00$41.2316.42%10.91%
Sep 28, 2026James ThalackerBMO Capital$45.00$39.4214.16%3.97%
Aug 26, 2026Gabriel MoreenMizuho Securities$48.00$40.9717.16%10.91%
Jul 23, 2026Sophie KarpKeyBanc$50.00$46.577.37%15.53%
Jul 20, 2026Barclays$51.00$45.9710.94%17.84%
Jul 01, 2026Stephen D'AmbrisiRBC Capital$52.00$46.8810.92%20.15%
May 11, 2026Evercore ISI$52.00$46.9910.66%20.15%
Apr 21, 2026Shahriar PourrezaWells Fargo$51.00$47.786.74%17.84%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2026HSBCBuyinitialise
Oct 21, 2026CitigroupBuyBuyhold
Oct 19, 2026BMO CapitalOutperformOutperformhold
Oct 14, 2026CitigroupNeutralNeutralhold
Oct 13, 2026KeyBancOverweightOverweighthold
Sep 28, 2026BMO CapitalOutperformOutperformhold
Jul 23, 2026KeyBancOverweightOverweighthold
Jul 20, 2026BarclaysOverweightOverweighthold
Jul 17, 2026BMO CapitalOutperformOutperformhold
Jul 01, 2026RBC CapitalOutperforminitialise

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.35$1.84$1.59$1.63$1.96---
Avg Forecast$1.36$1.45$1.59$1.74$1.87$2.02$2.18$2.34
High Forecast$1.53$1.62$1.61$1.75$1.95$2.04$2.19$2.55
Low Forecast$1.24$1.28$1.58$1.73$1.84$1.99$2.17$2.08
Surprise %-0.74%26.90%--6.32%4.81%---

Revenue Forecast

$5B $5B $6B $7B $8B $9B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.90B$5.85B$5.51B$5.46B$6.64B---
Avg Forecast$4.85B$5.33B$5.82B$5.81B$6.26B$6.67B$7.59B$8.11B
High Forecast$5.32B$5.80B$5.83B$6.10B$6.56B$6.70B$7.80B$8.68B
Low Forecast$4.53B$4.85B$5.32B$5.51B$5.96B$6.64B$7.38B$7.42B
Surprise %1.01%9.75%-5.38%-6.08%6.17%---

Net Income Forecast

$450M $590M $730M $870M $1B $1B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$584.90M$804.10M$714.30M$760.40M$929.50M---
Avg Forecast$569.06M$701.17M$661.70M$777.38M$848.01M$904.46M$974.47M$1.05B
High Forecast$682.87M$841.41M$794.04M$781.87M$872.50M$915.69M$978.92M$1.14B
Low Forecast$455.25M$560.94M$529.36M$772.88M$823.53M$893.24M$970.03M$932.19M
Surprise %2.78%14.68%7.95%-2.18%9.61%---

NI Forecast FAQ

Is NiSource stock a buy?

NiSource stock has a consensus rating of Buy, based on 22 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 16 Buy, 6 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that NiSource is a favorable investment for most analysts.

What is NiSource's price target?

NiSource's price target, set by 22 Wall Street analysts, averages $49.79 over the next 12 months. The price target range spans from $48 at the low end to $52 at the high end, suggesting a potential 15.04% change from the previous closing price of $43.28.

How does NiSource stock forecast compare to its benchmarks?

NiSource's stock forecast shows a 15.04% upside, underperforming the average forecast for the utilities stocks sector (15.60%).

What is the breakdown of analyst ratings for NiSource over the past three months?

  • October 2026: 25.00% Strong Buy, 56.25% Buy, 18.75% Hold, 0% Sell, 0% Strong Sell.
  • September 2026: 20.00% Strong Buy, 60.00% Buy, 20.00% Hold, 0% Sell, 0% Strong Sell.
  • August 2026: 18.75% Strong Buy, 62.50% Buy, 12.50% Hold, 0% Sell, 6.25% Strong Sell.

What is NiSource’s EPS forecast?

NiSource's average annual EPS forecast for its fiscal year ending in December 2026 is $2.02, marking a 3.06% increase from the reported $1.96 in 2025. Estimates for the following years are $2.18 in 2027, and $2.34 in 2028.

What is NiSource’s revenue forecast?

NiSource's average annual revenue forecast for its fiscal year ending in December 2026 is $6.67B, reflecting a 0.39% increase from the reported $6.64B in 2025. The forecast for 2027 is $7.59B, and $8.11B for 2028.

What is NiSource’s net income forecast?

NiSource's net income forecast for the fiscal year ending in December 2026 stands at $904.46M, representing a -2.69% decrease from the reported $929.5M in 2025. Projections indicate $974.47M in 2027, and $1.05B in 2028.