NINIUtilities · Utilities - Regulated Gas

NI Stock Forecast: NiSource, Inc. Price Predictions for 2026-2027

Last close, 1 Sept 2026
$41
+0.10% on the day

The 15 Wall Street analysts covering NiSource, Inc. hold a median 12-month price target of $51 — +23.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 48 of 100 as at 31 Aug 2026 — in the lower half.

Market cap
$19.5B
Ticker Nerd rank
48 / 100
Median analyst target
$51
Analysts covering
15
Revenue$1.3B+4.6% y/y
Operating income$228.1M
Net income$36.9M
Free cash flow−$417.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.8%
1M
−7.8%
YTD
+0.0%
1Y
−0.5%
From 52W high
−16.0%
From 52W low
+6.8%
$38
$49
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

NI stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores NiSource, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 31 Aug 2026
48 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
83
Revisions
67
Growth
66
Volatility
61
Momentum
61
Value
47
Accruals
39
Issuance
25
Size
10

Quality (83): The business earns solid, repeatable profits on what it owns.

Issuance (25): The company has been issuing shares or taking on financing, diluting existing holders.

Size (10): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

NI stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on NI, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$40$45$50$55Oct 25Jan 26Apr 26Jul 26NIHigh $55Median $51Low $43

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says15 analysts
12 Buy3 Hold0 Sell
Low $43Median $51High $55

The green dot is the last close — the median target sits +23.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 1 moved their price target up and 5 moved it down.

DateFirmActionRatingTarget
26 Aug 2026MizuhoMaintainsOutperform$50$48
17 Aug 2026Ladenburg ThalmannMaintainsBuy$52$51
17 Aug 2026Ladenburg ThalmannMaintainsBuy
7 Aug 2026BarclaysMaintainsOverweight
7 Aug 2026BarclaysMaintainsOverweight$51$45
23 July 2026KeybancMaintainsOverweight$52$50
23 July 2026KeybancMaintainsOverweight
20 July 2026BarclaysMaintainsOverweight$49$51
20 July 2026BarclaysMaintainsOverweight
17 July 2026BMO CapitalMaintainsOutperform$51$49
17 July 2026BMO CapitalMaintainsOutperform
2 July 2026RBC CapitalInitiatesOutperform
11 May 2026CitigroupMaintainsNeutral
7 May 2026Wells FargoMaintainsOverweight
17 Apr 2026BarclaysMaintainsOverweight
31 Mar 2026KeybancInitiatesOverweight
5 Mar 2026Evercore ISI GroupMaintainsIn-Line
12 Feb 2026CitigroupMaintainsNeutral
20 Jan 2026Wells FargoMaintainsOverweight
17 Dec 2025UBSMaintainsBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NI appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

NI vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 1 Sept 2026, NiSource, Inc. returned −0.5% against +19.4% for the S&P 500, dividends included.

NI vs S&P 500, last 12 monthsTotal return, rebased to 100
9095100105110115120125Oct 25Jan 26Apr 26Jul 26NIS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

NI analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−0.2%
Analysts raising
1
Analysts cutting
3
Fundamentals

NiSource, Inc. (NI) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
21.6×

Cheaper than 36% of US stocks

Price / sales
2.8×

Cheaper than 43% of US stocks

Price / book
2.0×

Cheaper than 46% of US stocks

EV / EBITDA
12.9×

Cheaper than 29% of US stocks

Growth & margins
Revenue growth (YoY)
4.6%

Higher than 38% of US stocks

Earnings growth (YoY)
−55.5%

Higher than 9% of US stocks

Gross margin
50.2%

Higher than 63% of US stocks

Operating margin
17.2%

Higher than 75% of US stocks

Net margin
13.2%

Higher than 75% of US stocks

Returns & dividend
Return on equity
8.5%

Higher than 60% of US stocks

Return on assets
3.2%

Higher than 67% of US stocks

Dividend yield
3.0%

Higher than 64% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

NiSource, Inc. (NI) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • NiSource, Inc. has a market value of $19.5B and an enterprise value of $39.1B.

  • Revenue in the twelve months to 30 June 2026: $6.9B. The latest quarter grew 4.6% year on year.

  • Net income over the same four quarters: $978.5M, a 14.2% net margin.

  • Free cash flow in the twelve months to 30 June 2026: −$1.5B, after $3.4B of capital spending.

  • NiSource, Inc. spent $559.5M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 479.5M.

  • Trailing P/E: 21.6×; forward P/E: 18.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.96%, paying out 62% of earnings.

  • NiSource, Inc. employs 7,687 people $895K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 30 Aug 2026

Data provided by Twelve Data

Peers

NI vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Regulated Gas
CompanyMarket capTKN rank
NINiSource, Inc.$19.5B
48
ATOAtmos Energy Corp.$27.5B
38
UGIUGI Corp.$8.2B
51
SWXSouthwest Gas Holdings, Inc.$6.4B
55
BKHBlack Hills Corp.$5.5B
45
NJRNew Jersey Resources Corp.$5.4B
69
BIPCBrookfield Infrastructure Corp.$5.0B
47

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own NiSource, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest NI news & analysis

Top 3 Utilities Stocks That May Rocket Higher This Quarter

Benzinga · 26 Aug 2026neutral

Benzinga published a list of the most oversold utility stocks, suggesting these may present opportunities for investors seeking undervalued companies in the sector.

Why it matters — A NiSource watcher may note that the company could be among the utilities highlighted as oversold and potentially undervalued.

NiSource Declares Common Stock Dividend

Business Wire · 11 Aug 2026positive

NiSource's board of directors declared a quarterly common stock dividend of $0.30 per share, payable on November 20, 2026, to stockholders of record as of the close of business on October 30, 2026. The company is one of the largest fully-regulated utilities in the United States, serving natural gas and electric customers across six states.

Why it matters — This announcement confirms the continuation of NiSource's quarterly dividend program for shareholders, reflecting the company's regular return of capital to investors.

NiSource Q2 Earnings Call Highlights

MarketBeat · 8 Aug 2026neutral

NiSource reported second-quarter adjusted earnings of $0.16 per share, down from $0.22 a year earlier, while reaffirming its full-year earnings outlook and long-term growth targets. Year-to-date adjusted earnings rose to $1.22 per share, up from $1.19 in the same period of 2025.

Why it matters — NiSource watchers would note that despite a quarterly earnings decline, the company held steady on its full-year guidance and long-term targets, which may signal management's confidence in its outlook.

NiSource Inc. (NI) Q2 2026 Earnings Call Transcript

Seeking Alpha · 5 Aug 2026neutral

Seeking Alpha published the transcript of NiSource Inc.'s Q2 2026 earnings call. The excerpt contains only the transcript's headline and provides no details on the company's quarterly performance.

Why it matters — NI watchers would care because the full transcript offers management's discussion of the quarter's results and outlook, potentially bearing on how momentum in the company's regulated utility business is tracking.

NiSource Q2 Earnings Top Estimates on NIPSCO Gains, Data Center Demand

Zacks Investment Research · 5 Aug 2026positive

NiSource reported second-quarter earnings and revenue that beat analyst estimates. The gains were driven by its NIPSCO operations, which offset weaker results in its Columbia business, while data center growth and the company's guidance remain in focus.

Why it matters — NiSource watchers would care because the earnings beat, driven by NIPSCO strength and data center demand, signals solid performance despite weaker Columbia results and keeps attention on the outlook.

FAQ

Frequently asked questions about NI stock

What is the NI stock price forecast for 2026-2027?

The 15 Wall Street analysts covering NiSource, Inc. have a median 12-month price target of $51, with estimates ranging from $43 to $55. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is NI stock a buy right now?

Of the 15 analysts covering NiSource, Inc., 12 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks NiSource, Inc. 48 out of 100 across roughly 4,600 US stocks as at 31 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NI?

As at 31 Aug 2026, NiSource, Inc. ranks 48 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (83 of 100).

Will NI stock go up?

No one can know that. What the data says: the median 12-month target from 15 analysts implies +23.3% from the last close, and Ticker Nerd's factor model ranks NiSource, Inc. 48 out of 100 as at 31 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the NI stock forecast for 2030?

No analyst covering NiSource, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NI are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $43 to $55 over the next 12 months.

How has NI stock performed over the past year?

NiSource, Inc. returned -0.5% over the 12 months to 1 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does NiSource, Inc. do?

NiSource Inc. is a regulated utility company that provides natural gas and electric service to homes, businesses, and industrial customers in the United States.

What is the latest news on NI?

The most recent item we track (Benzinga, 26 Aug 2026): "Top 3 Utilities Stocks That May Rocket Higher This Quarter". Benzinga published a list of the most oversold utility stocks, suggesting these may present opportunities for investors seeking undervalued companies in the sector.

Company

About NiSource, Inc.

NiSource Inc. is a regulated utility company that provides natural gas and electric service to homes, businesses, and industrial customers in the United States. NiSource operates through its Columbia Gas and NIPSCO brands, serving customers across six states with natural gas distribution, pipeline transportation, electric distribution, and power generation services. Its business is organized around two core segments: Columbia Operations, which focuses on natural gas delivery in multiple Midwestern and Mid-Atlantic states, and NIPSCO Operations, which serves northern Indiana with regulated gas and electric utility services. The company also supports wholesale electric and transmission activities and operates a mix of generation assets, including renewable energy facilities. Headquartered in Merrillville, Indiana, NiSource plays a key role in delivering essential energy infrastructure and utility services across its service territory.

CEO Mr. Lloyd M. Yates · 7,687 employees · United States · https://www.nisource.com