
NiSource (NI) Stock Forecast & Price Target
NiSource (NI) Analyst Ratings
Bulls say
NiSource is positioned for growth with a projected long-term earnings per share (EPS) growth rate of 6%-8% and a robust rate base growth of 8%-10% through 2029, indicating strong financial health and operational efficiency. The company anticipates additional capital expenditures of $2.2 billion, with growth opportunities in industrial manufacturing across key states such as Indiana, Virginia, and Ohio. Furthermore, NiSource's strategic initiatives and top-quartile rate base growth reinforce its potential for enhanced valuations within the regulated utility sector.
Bears say
NiSource faces significant downside risks stemming from potential disruptions in renewable supply chains and traditional regulatory challenges common to utilities. Key concerns include the possibility of unfavorable outcomes from rate cases, a reduction in capital expenditure forecasts, and the impact of rising interest rates that exceed those anticipated in financial models. These factors collectively contribute to a cautious outlook on NiSource's financial stability and growth potential.
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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