
NiSource (NI) Stock Forecast & Price Target
NiSource (NI) Analyst Ratings
Bulls say
NiSource demonstrates a strong outlook due to its anticipated long-term earnings per share (EPS) growth rate of 6%-8% and a projected rate base growth of 8%-10% through 2029. The company is poised for substantial capital expenditure opportunities, with an expected $2.2 billion in upside capital expenditures, driven by robust growth in industrial manufacturing across key states such as Indiana, Virginia, and Ohio. Additionally, NiSource's strategic initiatives at its utility subsidiary, NIPSCO, are expected to unlock further growth potential that is not currently reflected in existing estimates.
Bears say
The financial outlook for NiSource appears negative due to several fundamental risks impacting its operations as a regulated utility. Key concerns include potential disruptions in the renewable energy supply chain, uncertainties surrounding rate cases, and the likelihood of a reduced capital expenditure outlook. Additionally, fluctuations in interest rates that exceed current models could further exacerbate financial pressures on the company.
This aggregate rating is based on analysts' research of NiSource and is not a guaranteed prediction by Public.com or investment advice.
NiSource (NI) Analyst Forecast & Price Prediction
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