NISOURCE INC (NI) Forecast, Price Target & Analyst Ratings

NYSE:NI • US65473P1057

Current stock price

47.65 USD
+0.51 (+1.08%)
At close:
48 USD
+0.35 (+0.73%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NISOURCE INC (NI).

Forecast Snapshot

Consensus Price Target

Price Target
$49.60
+ 4.10% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$1.09
Revenue Estimate
2.317B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
83.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$49.60
Upside
+ 4.10%
From current price of $47.65 to mean target of $49.60, Based on 24 analyst forecasts
Low
$45.45
Median
$48.96
High
$56.70

Price Target Revisions

1 Month
0.55%
3 Months
3.10%

Price Target Summary

24 Wall Street analysts provided a forecast for the next 12 months for NI. The average price target is 49.6 USD. This implies a price increase of 4.1% is expected in the next year compared to the current price of 47.65.
The average price target has been revised upward by 3.1% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NI Current Analyst RatingNI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

NI Historical Analyst RatingsNI Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
83.33%
NI was analyzed by 24 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about NI.
In the previous month the buy percentage consensus was at a similar level.
NI was analyzed by 24 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-31KeybancInitiate Overweight
2026-03-05Evercore ISI GroupMaintains In-Line -> In-Line
2026-02-12CitigroupMaintains Neutral -> Neutral
2026-01-20Wells FargoMaintains Overweight -> Overweight
2025-12-17UBSMaintains Buy -> Buy
2025-12-04MizuhoMaintains Outperform -> Outperform
2025-10-31JefferiesUpgrade Hold -> Buy
2025-10-30Evercore ISI GroupMaintains In-Line -> In-Line
2025-10-28Wells FargoInitiate Overweight
2025-10-21BarclaysMaintains Overweight -> Overweight
2025-10-20Evercore ISI GroupMaintains In-Line -> In-Line
2025-10-07Evercore ISI GroupInitiate In-Line
2025-09-29BMO CapitalMaintains Outperform -> Outperform
2025-09-05JefferiesDowngrade Buy -> Hold
2025-08-04BarclaysMaintains Overweight -> Overweight
2025-05-08GuggenheimMaintains Buy -> Buy
2025-05-08Wells FargoMaintains Overweight -> Overweight
2025-04-28BMO CapitalMaintains Outperform -> Outperform
2025-04-25BarclaysMaintains Overweight -> Overweight
2025-04-24JP MorganMaintains Overweight -> Overweight
2025-03-26MizuhoMaintains Outperform -> Outperform
2025-03-21UBSMaintains Buy -> Buy
2025-02-13Wells FargoMaintains Overweight -> Overweight
2024-11-01MizuhoMaintains Outperform -> Outperform
2024-10-28JefferiesInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$1.09
Revenue Estimate
2.317B
Revenue Q2Q
6.13%
EPS Q2Q
10.86%
Number of Analysts
13

Next Earnings Revisions

Revenue (1 Month)
1.13%
Revenue (3 Months)
4.79%
EPS (1 Month)
1.45%
EPS (3 Months)
0.88%

Next Earnings Summary

NI is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is 1.09 USD and the consensus revenue estimate is 2.32B USD.
The next earnings revenue estimate has been revised upward by 4.79% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
NI revenue by date.NI revenue by date.
5.505B
-5.90%		5.455B
-0.91%		6.642B
21.76%		6.927B
4.29%		7.291B
5.25%		7.854B
7.72%		8.485B
8.03%		9.025B
6.36%		8.807B
-2.42%		9.261B
5.15%		9.726B
5.02%
EBITDA
YoY % growth
NI ebitda by date.NI ebitda by date.
2.207B
11.31%		2.508B
13.65%		3.004B
19.77%		3.432B
14.27%		3.792B
10.49%		4.244B
11.92%		4.936B
16.31%		5.554B
12.52%		N/AN/AN/A
EBIT
YoY % growth
NI ebit by date.NI ebit by date.
1.298B
11.78%		1.465B
12.79%		1.836B
25.36%		2.086B
13.62%		2.302B
10.35%		2.681B
16.46%		3.015B
12.46%		3.24B
7.46%		2.604B
-19.63%		2.709B
4.03%		N/A
Operating Margin
NI operating margin by date.NI operating margin by date.
23.58%26.85%27.64%30.11%31.57%34.14%35.53%35.90%29.57%29.25%N/A
EPS
YoY % growth
NI eps by date.NI eps by date.
1.60
8.84%		1.75
9.37%		1.90
8.57%		2.11
11.22%		2.28
8.12%		2.50
9.27%		2.73
9.27%		2.98
9.37%		3.27
9.43%		3.55
8.83%		3.92
10.43%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28
EPS
Q2Q % growth		1.09
10.86%		0.24
10.26%		0.21
10.32%		0.58
13.01%		1.16
6.50%		0.28
14.65%		0.25
21.21%		0.60
4.25%		1.38
19.38%		0.32
15.56%		0.24
-4.73%
Revenue
Q2Q % growth		2.317B
6.13%		1.378B
7.40%		1.298B
1.96%		1.818B
-4.46%		2.324B
0.30%		1.378B1.224B
-5.70%		1.791B
-1.49%		N/AN/AN/A
EBITDA
Q2Q % growth		1.142B
12.15%		629.1M
-22.28%		636.26M
-44.63%		931.61M
-44.64%		N/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		834.53M
9.85%		303.68M
14.99%		303.91M
2.36%		564.58M
9.58%		785.89M
-5.83%		304.88M
0.40%		306.94M
1.00%		513.97M
-8.96%		N/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NI Yearly Revenue VS EstimatesNI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B
NI Yearly EPS VS EstimatesNI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
9.53%
EPS Next 5 Year
9.45%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
7.13%
Revenue Next 5 Year
7.16%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
32.20%
EBIT Next 5 Year
24.77%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NISOURCE INC / NI Forecast FAQ

What is the average price target for NISOURCE INC (NI) stock?

24 analysts have analysed NI and the average price target is 49.6 USD. This implies a price increase of 4.1% is expected in the next year compared to the current price of 47.65.

What is the next earnings date for NI stock?

NISOURCE INC (NI) will report earnings on 2026-05-05, before the market open.

What are the consensus estimates for NISOURCE INC (NI) next earnings?

The consensus EPS estimate for the next earnings of NISOURCE INC (NI) is 1.09 USD and the consensus revenue estimate is 2.32B USD.

How many analysts cover NISOURCE INC (NI) stock?

The number of analysts covering NISOURCE INC (NI) is 24.