NiSource Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for NiSource stock have an average target of 47.5, with a low estimate of 43 and a high estimate of 50. The average target predicts an increase of 2.24% from the current stock price of 46.46.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$43	$47.5	$48	$50
Change	-7.45%	+2.24%	+3.31%	+7.62%

Analyst Ratings

The average analyst rating for NiSource stock from 10 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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	2	2	2	2	2	2
Buy	6	6	6	6	6	6
Hold	1	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	9	9	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Amicucci Evercore ISI Group	Evercore ISI Group	Hold Maintains $47 → $50	Hold	Maintains	$47 → $50	+7.62%	Mar 5, 2026
Ryan Levine Citigroup	Citigroup	Hold Maintains $44 → $47	Hold	Maintains	$44 → $47	+1.16%	Feb 12, 2026
Shahriar Pourreza Wells Fargo	Wells Fargo	Buy Maintains $47 → $49	Buy	Maintains	$47 → $49	+5.47%	Jan 20, 2026
Ross Fowler UBS	UBS	Strong Buy Maintains $45 → $48	Strong Buy	Maintains	$45 → $48	+3.31%	Dec 17, 2025
Gabriel Moreen Mizuho	Mizuho	Buy Maintains $44 → $50	Buy	Maintains	$44 → $50	+7.62%	Dec 4, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.86B

from 6.64B

3.28%

from 6.64B

Revenue Next Year

7.20B

from 6.86B

4.97%

from 6.86B

EPS This Year

2.11

from 1.95

8.37%

from 1.95

EPS Next Year

2.28

from 2.11

8.12%

from 2.11

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	4.90B	5.85B	5.51B	5.46B	6.64B	6.86B	7.20B
Revenue Growth	4.65%	19.41%	-5.90%	-0.91%	21.76%	3.28%	4.97%
EPS	1.27	1.70	1.48	1.62	1.95	2.11	2.28
EPS Growth	-	33.50%	-12.99%	9.52%	20.37%	8.37%	8.12%
Forward PE	-	-	-	-	-	21.99	20.33
No. Analysts	-	-	-	-	-	18	16

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

Revenue Forecast

Revenue	2026	2027
High	7.4B	7.8B
Avg	6.9B	7.2B
Low	6.3B	6.3B

Revenue Growth

Revenue Growth	2026	2027
High	11.6%	14.1%
Avg	3.3%	5.0%
Low	-5.6%	-7.6%

EPS Forecast

EPS	2026	2027
High	2.17	2.37
Avg	2.11	2.28
Low	2.00	2.15

EPS Growth

EPS Growth	2026	2027
High	11.5%	12.3%
Avg	8.4%	8.1%
Low	2.5%	1.8%

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.