NiSource Inc. (NI)

NiSource Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for NiSource stock have an average target of 38.13, with a low estimate of 34 and a high estimate of 43. The average target predicts a decrease of -0.96% from the current stock price of 38.50.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$34	$38.13	$38	$43
Change	-11.69%	-0.96%	-1.30%	+11.69%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	2	2	2	2	2	2
Buy	4	6	6	6	6	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	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sarah Akers Wells Fargo	Wells Fargo	Buy Maintains $39 → $43	Buy	Maintains	$39 → $43	+11.69%	Feb 13, 2025
Gabriel Moreen Mizuho	Mizuho	Buy Maintains $38 → $40	Buy	Maintains	$38 → $40	+3.90%	Nov 1, 2024
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Initiates $39	Strong Buy	Initiates	$39	+1.30%	Oct 28, 2024
Richard Sunderland JP Morgan	JP Morgan	Buy Maintains $36 → $38	Buy	Maintains	$36 → $38	-1.30%	Oct 23, 2024
Nicholas Campanella Barclays	Barclays	Buy Maintains $35 → $38	Buy	Maintains	$35 → $38	-1.30%	Oct 21, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

6.45B

Increased by 18.26%

from 5.46B

Revenue Next Year

6.85B

Increased by 6.11%

from 6.45B

EPS This Year

1.92

Increased by 18.75%

from 1.62

EPS Next Year

2.07

Increased by 7.71%

from 1.92

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	4.68B	4.90B	5.85B	5.51B	5.46B	6.45B	6.85B	7.19B
Revenue Growth	-10.12%	4.65%	19.41%	-5.90%	-0.91%	18.26%	6.11%	5.08%
EPS	-0.19	1.27	1.70	1.48	1.62	1.92	2.07	2.24
EPS Growth	-	-	33.50%	-12.99%	9.52%	18.75%	7.71%	8.06%
Forward PE	-	-	-	-	-	20.01	18.58	17.20
No. Analysts	-	-	-	-	-	19	17	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	7.2B	7.7B	8.4B
Avg	6.5B	6.8B	7.2B
Low	5.4B	5.7B	5.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	32.7%	18.7%	22.2%
Avg	18.3%	6.1%	5.1%
Low	-1.7%	-11.8%	-13.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.97	2.13	2.31
Avg	1.92	2.07	2.24
Low	1.81	1.95	2.11

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	21.9%	10.8%	11.5%
Avg	18.7%	7.7%	8.1%
Low	11.9%	1.4%	1.7%

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.