NiSource Inc

NiSource Inc (NI) Stock Analysis

$42.680

+1.481 (+3.47%)At close

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High
42.865
Open
41.840
VWAP
42.41
Volume
9.10M
Mkt Cap
13.00B
Low
41.670
Amount
385.91M
EV/EBITDA, TTM
14.42

NiSource Inc. is an energy holding company. The Company operates through two segments: Columbia Operations and NIPSCO Operations. Columbia Operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc, provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 37,200 miles of distribution main pipeline plus the associated individual customer service lines and 330 miles of transmission main pipeline. NIPSCO Operations segment NIPSCO Operations includes NIPSCO Holdings I and its subsidiaries, including NIPSCO, which has fully regulated gas and electric operations in northern Indiana. The Company has six renewable generation facilities in service: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, Dunns Bridge I Solar, Cavalry Solar and Storage and Dunns Bridge II Solar and Storage.

AI analysis of NiSource Inc (NI)

Hold

NiSource Inc is currently priced at $40.76, which is below the average analyst price target of $45.75, indicating potential upside. However, the RSI is at 71.19, suggesting it may be overbought, and the stock has a forward P/E of 17.36, which is reasonable but not particularly cheap. The main risk is the declining net margin, which fell to 2.75% in Q2 2026, indicating profitability concerns. Therefore, while there is potential for growth, the current price and technical indicators suggest holding rather than buying.

Analyst Ratings (14)

+10.68% upside
Hold
6 Buy
8 Hold
0 Sell
Current: 42.68
Low
41.88
Average
47.24
High
50.00

Scotiabank

2026-09-29

Price Target

$43

Sector Perform

BMO Capital

2026-09-28

Price Target

$45

Outperform

Mizuho

2026-08-26

Price Target

$48

Outperform

Barclays

2026-08-07

Price Target

$45

Overweight

KeyBanc

2026-07-23

Price Target

$50

Overweight

Valuation Metrics

The current forward P/E ratio for NiSource Inc (NI) is 17.36, compared to its 5-year average forward P/E of 18.83.

Forward P/E

Fair
5Y Average P/E
18.83
Current P/E
17.36
Overvalued
21.24
Undervalued
16.42

Forward EV/EBITDA

Strongly Overvalued
5Y Average EV/EBITDA
11.39
Current EV/EBITDA
14.42
Overvalued
12.43
Undervalued
10.36

Forward P/S

Fair
5Y Average P/S
2.39
Current P/S
2.59
Overvalued
2.94
Undervalued
1.83

Alphio AI Price Scenarios for NI

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%NI

$47.00

Scenario price

B

Base

Base · 50%NI

$42.38

Scenario price

B

Bear

Bear · 25%NI

$36.29

Scenario price

Whales holding NI

H

Highlands Residual Corporation

+ HoldingNI

+4.57%

3M Return

B

Bridgewater Associates

+ HoldingNI

+3.93%

3M Return

S

Soroban Capital Partners LP

+ HoldingNI

+3.23%

3M Return

O

Ontario Teachers' Pension Plan Board

+ HoldingNI

+3.21%

3M Return

A

Aditya Birla Sun Life AMC Limited

+ HoldingNI

+2.36%

3M Return

D

David Vaughan Investments, LLC

+ HoldingNI

-0.34%

3M Return

Events Timeline

2026-10-16 (ET)

07:30:00

NiSource Signs Long-Term Energy Agreement with Microsoft

2026-08-05 (ET)

07:00:00

Lloyd Yates Emphasizes Value Proposition for Utility Customers

07:00:00

Company Sees FY26 Non-GAAP EPS CAGR of 9%-10%

2026-06-23 (ET)

08:00:00

NiSource Secures Indiana Approval for Amazon Partnership

News

NI FAQ — answered by Alphio AI

NiSource Inc. is an energy holding company. The Company operates through two segments: Columbia Operations and NIPSCO Operations. Columbia Operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc, provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 37,200 miles of distribution main pipeline plus the associated individual customer service lines and 330 miles of transmission main pipeline. NIPSCO Operations segment NIPSCO Operations includes NIPSCO Holdings I and its subsidiaries, including NIPSCO, which has fully regulated gas and electric operations in northern Indiana. The Company has six renewable generation facilities in service: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, Dunns Bridge I Solar, Cavalry Solar and Storage and Dunns Bridge II Solar and Storage. It operates in the Utilities sector (ELECTRIC & OTHER SERVICES COMBINED industry).

NiSource Inc is currently priced at $40.76, which is below the average analyst price target of $45.75, indicating potential upside. However, the RSI is at 71.19, suggesting it may be overbought, and the stock has a forward P/E of 17.36, which is reasonable but not particularly cheap. The main risk is the declining net margin, which fell to 2.75% in Q2 2026, indicating profitability concerns. Therefore, while there is potential for growth, the current price and technical indicators suggest holding rather than buying.

14 analysts cover NI: 6 rate it Buy, 8 Hold and 0 Sell. The average price target is 47.24.

Community

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rektcitadel469/21/2026

Fear & Greed Index is at 70. Can I still chase longs here? Yes, but only with a stop loss, and position size must be halved. $BT is at 81642, running right along the upper Bollinger Band at 81604.6. MA5 > MA20 bullish alignment is still intact, MACD histogram at +77.41 is still expanding, and the trend itself is fine. The issue is RSI at 65.2 combined with Fear & Greed at 70 — sentiment is running hot. The 30-candle range is only 1.94%, and low volatility often precedes a turning point. Funding rate at +0.0047% is neutral-to-bullish; longs are not yet crowded to a dangerous level, but the risk-reward for chasing highs is no longer good. Strategy-wise, a pullback to the MA5 area around 81200–81350 for a long entry is more stable, with a stop loss below MA20 at 80600. If it breaks below that, exit and accept the mistake — that level is also the last line of defense above the lower Bollinger Band at 80003. Take profit 1 at 82500 (prior high extension), take profit 2 at 83600 (measured target). If price breaks below 80600 on volume and the MACD histogram turns negative, exit regardless of profit or loss — that is discipline, not judgment. Worst-case scenario: if sentiment quickly falls from greed back to neutral, BTC could retest the 80000 round number in one move. By then the stop loss would already be triggered, and what you need to do is accept the loss rather than hold and hope. Also watch: $NI and $AR, with RSI at 74.1 and 66.0 respectively. Both are stronger than BTC short-term but more overbought, so pullback risk rises accordingly — not suitable as a safe-haven alternative. (Personal view, for reference only, not investment advice. Futures risk is extremely high, please strictly control your position size.) [Data] Pair: BTCUSDT Direction: Long Entry: 81200-81350 TP1: 82500 TP2: 83600 Stop Loss: 80600

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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