NiSource Inc. (NI)
NYSE: NI · Real-Time Price · USD
34.82
-0.44 (-1.25%)
Oct 25, 2024, 4:00 PM EDT - Market closed
NiSource Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for NiSource stock have an average target of 36.29, with a low estimate of 33 and a high estimate of 38. The average target predicts an increase of 4.22% from the current stock price of 34.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NiSource stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 1 | 1 | 2 | 1 |
| Buy | 3 | 3 | 4 | 4 | 4 | 6 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 5 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $36 → $38 | Buy | Maintains | $36 → $38 | +9.13% | Oct 23, 2024 |
| Barclays | Barclays | Buy Maintains $35 → $38 | Buy | Maintains | $35 → $38 | +9.13% | Oct 21, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $28 → $38 | Buy | Maintains | $28 → $38 | +9.13% | Oct 16, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $37 | Strong Buy | Initiates | $37 | +6.26% | Sep 12, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $34 → $36 | Buy | Maintains | $34 → $36 | +3.39% | Sep 12, 2024 |
Financial Forecast
Revenue This Year
6.28B
from 5.51B
Increased by 14.07%
Revenue Next Year
6.66B
from 6.28B
Increased by 6.11%
EPS This Year
1.78
from 1.48
Increased by 20.20%
EPS Next Year
1.90
from 1.78
Increased by 6.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1B | 8.2B | 7.4B | ||
| Avg | 6.3B | 6.7B | 6.8B | ||
| Low | 5.5B | 5.6B | 5.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.2% | 30.7% | 11.0% | ||
| Avg | 14.1% | 6.1% | 2.3% | ||
| Low | 0.3% | -11.1% | -11.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.83 | 1.97 | 2.10 | ||
| Avg | 1.78 | 1.90 | 2.04 | ||
| Low | 1.66 | 1.79 | 1.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.5% | 11.0% | 10.5% | ||
| Avg | 20.2% | 7.0% | 7.5% | ||
| Low | 12.0% | 0.6% | 1.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.