NiSource Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for NiSource stock have an average target of 46.67, with a low estimate of 43 and a high estimate of 50. The average target predicts an increase of 11.12% from the current stock price of 42.00.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$43	$46.67	$47	$50
Change	+2.38%	+11.12%	+11.90%	+19.05%

Analyst Ratings

The average analyst rating for NiSource stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	3	3	2	2	2	2
Buy	6	6	5	6	6	6
Hold	0	0	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	8	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gabriel Moreen Mizuho	Mizuho	Buy Maintains $44 → $50	Buy	Maintains	$44 → $50	+19.05%	Dec 4, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $46 → $50	Hold → Strong Buy	Upgrades	$46 → $50	+19.05%	Oct 31, 2025
Nicholas Amicucci Evercore ISI Group	Evercore ISI Group	Hold Maintains $46 → $47	Hold	Maintains	$46 → $47	+11.90%	Oct 30, 2025
Shahriar Pourreza Wells Fargo	Wells Fargo	Buy Initiates $47	Buy	Initiates	$47	+11.90%	Oct 28, 2025
Nicholas Campanella Barclays	Barclays	Buy Maintains $44 → $46	Buy	Maintains	$44 → $46	+9.52%	Oct 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.33B

from 5.46B

16.07%

from 5.46B

Revenue Next Year

6.58B

from 6.33B

3.85%

from 6.33B

EPS This Year

1.94

from 1.62

19.73%

from 1.62

EPS Next Year

2.10

from 1.94

8.40%

from 1.94

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.68B	4.90B	5.85B	5.51B	5.46B	6.33B	6.58B
Revenue Growth	-10.12%	4.65%	19.41%	-5.90%	-0.91%	16.07%	3.85%
EPS	-0.19	1.27	1.70	1.48	1.62	1.94	2.10
EPS Growth	-	-	33.50%	-12.99%	9.52%	19.73%	8.40%
Forward PE	-	-	-	-	-	21.65	19.98
No. Analysts	-	-	-	-	-	18	18

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

Revenue Forecast

Revenue	2025	2026
High	6.8B	7.0B
Avg	6.3B	6.6B
Low	5.8B	5.8B

Revenue Growth

Revenue Growth	2025	2026
High	24.1%	10.2%
Avg	16.1%	3.9%
Low	6.5%	-8.7%

EPS Forecast

EPS	2025	2026
High	1.99	2.17
Avg	1.94	2.10
Low	1.83	1.96

EPS Growth

EPS Growth	2025	2026
High	22.6%	12.1%
Avg	19.7%	8.4%
Low	12.8%	1.1%

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.