NiSource Stock Forecast

Stock Price Forecast

The 9 analysts that cover NiSource stock have a consensus rating of "Strong Buy" and an average price target of $42, which forecasts a 6.92% increase in the stock price over the next year. The lowest target is $34 and the highest is $45.

Price Target: $42 (+6.92%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$34	$42	$43	$45
Change	-13.44%	+6.92%	+9.47%	+14.56%

* Price targets were last updated on May 8, 2025.

Analyst Ratings

The average analyst rating for NiSource stock 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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	2	2	2	2	3	3
Buy	6	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	8	8	8	8	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Shahriar Pourreza Guggenheim	Guggenheim	Strong Buy Maintains $42 → $43	Strong Buy	Maintains	$42 → $43	+9.47%	May 8, 2025
Sarah Akers Wells Fargo	Wells Fargo	Buy Maintains $43 → $45	Buy	Maintains	$43 → $45	+14.56%	May 8, 2025
James Thalacker BMO Capital	BMO Capital	Buy Maintains $42 → $43	Buy	Maintains	$42 → $43	+9.47%	Apr 28, 2025
Nicholas Campanella Barclays	Barclays	Buy Maintains $38 → $42	Buy	Maintains	$38 → $42	+6.92%	Apr 25, 2025
Richard Sunderland JP Morgan	JP Morgan	Buy Maintains $42 → $43	Buy	Maintains	$42 → $43	+9.47%	Apr 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.15B

from 5.46B

12.65%

from 5.46B

Revenue Next Year

6.47B

from 6.15B

5.31%

from 6.15B

EPS This Year

1.93

from 1.62

19.15%

from 1.62

EPS Next Year

2.07

from 1.93

7.32%

from 1.93

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	6.15B	6.47B	6.83B
Revenue Growth	-10.12%	4.65%	19.41%	-5.90%	-0.91%	12.65%	5.31%	5.50%
EPS	-0.19	1.27	1.70	1.48	1.62	1.93	2.07	2.24
EPS Growth	-	-	33.50%	-12.99%	9.52%	19.15%	7.32%	8.23%
Forward PE	-	-	-	-	-	20.35	18.96	17.52
No. Analysts	-	-	-	-	-	20	20	18

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

Revenue Forecast

Revenue	2025	2026	2027
High	6.4B	6.8B	7.2B
Avg	6.1B	6.5B	6.8B
Low	5.6B	5.9B	6.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	17.9%	11.0%	11.7%
Avg	12.6%	5.3%	5.5%
Low	2.4%	-4.1%	-5.3%

EPS Forecast

EPS	2025	2026	2027
High	2.00	2.13	2.31
Avg	1.93	2.07	2.24
Low	1.82	1.96	2.11

EPS Growth

EPS Growth	2025	2026	2027
High	23.1%	10.4%	11.5%
Avg	19.1%	7.3%	8.2%
Low	12.5%	1.3%	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.