NiSource Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, NiSource stock has a consensus rating of "Buy" and an average price target of $51.3. The average 1-year stock price forecast is 9.38% higher than the current stock price, while the lowest is $43 (-8.32%) and the highest is $56 (+19.40%).

Price Target: $51.3 (+9.38%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$43	$51.3	$52	$56
Change	-8.32%	+9.38%	+10.87%	+19.40%

Analyst Ratings

The average analyst rating for NiSource stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	9	10	10	10	10	10
Buy	2	2	2	2	2	3
Hold	2	2	2	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	14	15	15	15	15	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen D'Ambrisi RBC Capital	RBC Capital	Buy Initiates $52	Buy	Initiates	$52	+10.87%	Jul 1, 2026
Shahriar Pourreza Wells Fargo	Wells Fargo	Buy Reiterates $52	Buy	Reiterates	$52	+10.87%	Jun 29, 2026
Nicholas Campanella Barclays	Barclays	Buy Maintains $49	Buy	Maintains	$49	+4.48%	Jun 8, 2026
Nicholas Amicucci Evercore ISI	Evercore ISI	Hold Maintains $50 → $52	Hold	Maintains	$50 → $52	+10.87%	May 11, 2026
Ryan Levine Citi	Citi	Hold Maintains $49 → $47	Hold	Maintains	$49 → $47	+0.21%	May 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

7.25B

from 6.64B

9.14%

from 6.64B

Revenue Next Year

7.59B

from 7.25B

4.72%

from 7.25B

EPS This Year

2.06

from 1.90

8.29%

from 1.90

EPS Next Year

2.25

from 2.06

9.35%

from 2.06

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.90B	5.85B	5.51B	5.46B	6.64B	7.25B
Revenue Growth	4.65%	19.41%	-5.90%	-0.91%	21.76%	9.14%
Net Income	584.90M	804.10M	714.30M	760.40M	929.50M	998.50M
EPS	-	-	-	-	1.90	2.06
EPS Growth	-	-	-	-	8.57%	8.29%
Forward PE	19.52	18.08	15.33	20.03	21.06	22.79
Dividend / Share	0.90	0.96	1.02	1.08	1.14	1.19
Dividend Growth	-	6.70%	6.28%	5.91%	6.05%	4.74%
Free Cash Flow	-614.69M	-684.96M	-1.64B	-648.33M	-1.12B	-2.35B
FFO	-	-	-	-	-	2.18B
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	7.4B
Avg	7.2B
Low	7.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	11.4%
Avg	9.1%
Low	6.3%

EPS Forecast

EPS	2026	2027	2028
High	2.08
Avg	2.06
Low	2.04

EPS Growth

EPS Growth	2026	2027	2028
High	9.5%
Avg	8.3%
Low	7.4%