NiSource Inc. (NI)
NYSE: NI · Real-Time Price · USD
37.78
+0.48 (1.27%)
Nov 21, 2024, 2:29 PM EST - Market open

NiSource Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for NiSource stock have an average target of 37.5, with a low estimate of 34 and a high estimate of 40. The average target predicts a decrease of -0.73% from the current stock price of 37.78.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $34 $37.5 $38 $40
Change -9.99% -0.73% +0.60% +5.89%

Analyst Ratings

The average analyst rating for NiSource stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 211222
Buy 344466
Hold 000000
Sell 000000
Strong Sell 000000
Total 555688

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Buy
Maintains
$38$40
Buy Maintains $38$40 +5.89% Nov 1, 2024
Jefferies
Jefferies
Strong Buy
Initiates
$39
Strong Buy Initiates $39 +3.24% Oct 28, 2024
JP Morgan
JP Morgan
Buy
Maintains
$36$38
Buy Maintains $36$38 +0.60% Oct 23, 2024
Barclays
Barclays
Buy
Maintains
$35$38
Buy Maintains $35$38 +0.60% Oct 21, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$28$38
Buy Maintains $28$38 +0.60% Oct 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.21B
from 5.51B
Increased by 12.76%
Revenue Next Year
6.44B
from 6.21B
Increased by 3.75%
EPS This Year
1.79
from 1.48
Increased by 20.70%
EPS Next Year
1.91
from 1.79
Increased by 7.16%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
5.21B4.68B4.90B5.85B5.51B6.21B6.44B6.78B
Revenue Growth
1.85%-10.12%4.65%19.41%-5.90%12.76%3.75%5.20%
EPS
0.87-0.191.271.701.481.791.912.06
EPS Growth
---33.22%-12.81%20.70%7.16%7.67%
Forward PE
-----21.1619.7418.34
No. Analysts -----191917
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 6.9B 7.3B 7.6B
Avg 6.2B 6.4B 6.8B
Low 5.2B 5.4B 5.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
24.8%
17.1%
18.0%
Avg
12.8%
3.8%
5.2%
Low
-6.2%
-13.8%
-11.8%

EPS Forecast

EPS 20242025202620272028
High 1.84 1.96 2.15
Avg 1.79 1.91 2.06
Low 1.69 1.80 1.92

EPS Growth

EPS Growth 20242025202620272028
High
24.2%
10.0%
12.5%
Avg
20.7%
7.2%
7.7%
Low
14.0%
1.0%
0.4%
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.