Nisource Inc. (NI) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Nisource Inc. (NI) stock forecast summary
Our AI ranks Nisource Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Nisource Inc. is a large-cap company with a market capitalization of $20.47B. It ranks number 10 by market capitalization among the 16 Electric & Other Services Combined issuers in our coverage with a current forecast.
For NI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 22.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 0.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How NI ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Nisource Inc. (NI) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electric & Other Services Combined peers listed below that report each metric.
Valuation & Market
| Metric | NI | Rank |
|---|---|---|
| Market Cap | $20.47B | 10/16 |
| P/E Ratio | 22.70x | 2/15 |
| P/B Ratio | 2.14x | 6/16 |
| Dividend Yield | 2.73% | 11/12 |
| EPS | $1.88 | – |
| Book Value/Share | $19.97 | – |
| Revenue/Share | $14.05 | – |
| FCF/Share | $-2.26 | – |
Profitability & Margins
| Metric | NI | Rank |
|---|---|---|
| ROE | 9.4% | 7/15 |
| ROA | 2.4% | 13/16 |
| ROIC | 5.6% | 3/17 |
| Gross Margin | 77.2% | 2/5 |
| Operating Margin | 27.6% | 1/14 |
| Net Margin | 13.4% | 7/13 |
| EBT Margin | 27.6% | 1/14 |
| Tax Rate | 9.2% | – |
Financial Health
| Metric | NI | Rank |
|---|---|---|
| Current Ratio | 0.50x | 13/17 |
| Quick Ratio | 0.45x | 7/9 |
| D/E Ratio | 1.05x | 15/16 |
| Financial Leverage | 3.92x | 4/16 |
| Interest Coverage | 0.9x | 12/17 |
| Working Capital | -$2.22B | 12/17 |
Cash Flow
| Metric | NI | Rank |
|---|---|---|
| Operating Cash Flow | $2.30B | 9/17 |
| Free Cash Flow | -$1.09B | 4/10 |
| Capital Spending | -$3.39B | 5/10 |
| OCF Growth YoY | 11.7% | 5/15 |
| FCF/Sales | -16.1% | 7/9 |
| CapEx/Sales | 50.3% | 3/9 |
Operational Efficiency
| Metric | NI | Rank |
|---|---|---|
| Asset Turnover | 0.18x | 8/13 |
| Receivables Turnover | 8.0x | 6/11 |
| Inventory Turnover | 7.2x | – |
| Days Sales Outstanding | 46 days | 6/11 |
| Days Inventory | 50 days | – |
| Payables Period | 270 days | 1/5 |
| Cash Conversion Cycle | -173 days | – |
Income Statement
| Metric | NI | Rank |
|---|---|---|
| Total Revenue | $6.74B | 9/13 |
| Operating Income | $1.86B | 9/17 |
| Net Income | $905M | 10/16 |
| Cost of Goods Sold | $1.54B | 3/5 |
Dividend & Shareholder Information
| Metric | NI | Rank |
|---|---|---|
| Dividends Per Share | $1.17 | – |
| Payout Ratio | 62.2% | 6/12 |
| Shares Outstanding | 480M | – |
| Net Income Growth | 2.1% | 10/15 |
| EPS Growth | -29.1% | 14/15 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $2.20B | 11.2% of assets |
| Cash & Short-term Investments | $70M | 0.4% of assets |
| Accounts Receivable | $846M | 4.3% of assets |
| Inventory | $212M | 1.1% of assets |
| Total Liabilities | $10.04B | 51.2% of assets |
| Short-term Debt | $3.28B | 16.7% of assets |
NI quarterly financials and insider trading
Nisource Inc. (NI) industry peers
Companies classified under the same SEC industry code as Nisource Inc. (Electric & Other Services Combined): 17 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| NI Nisource Inc. | ▼ | $20.47B |
| DUK Duke Energy Corp | ▼ | $94.46B |
| XEL Xcel Energy Inc | ▼ | $47.67B |
| EXC Exelon Corp | ▼ | $43.95B |
| ED Consolidated Edison Inc | ▼ | $40.52B |
| PEG Public Service Enterprise Group Inc | ▼ | $35.63B |
| WEC Wec Energy Group, Inc. | ▼ | $35.42B |
| AEE Ameren Corp | ▼ | $29.37B |
| PCG Pg&E Corp | ▶ | $28.83B |
| CMS Cms Energy Corp | ▼ | $21.54B |
| EVRG Evergy, Inc. | ▼ | $19.18B |
| LNT Alliant Energy Corp | ▼ | $17.56B |
| AVA Avista Corp | ▼ | $3.07B |
| UTL Unitil Corp | ▼ | $986M |
| GNE Genie Energy Ltd. | ▼ | $434M |
| GRDX Gridai Technologies Corp. | ▼ | $32M |
| CPWR Ocean Thermal Energy Corp | ▲ | N/A |
Where NI sits on the market map
Nisource Inc. (NI) stock news
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Nisource Inc. (NI) stock forecast FAQ
What is the Nisource Inc. (NI) stock forecast?
Our AI ranks Nisource Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Nisource Inc. stock predictions?
For NI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 22.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 0.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Nisource Inc. forecasts updated?
Nisource Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Nisource Inc.'s industry peers?
17 issuers in our coverage, NI included, share the SEC industry code Electric & Other Services Combined. The largest are: Duke Energy Corp (DUK), Xcel Energy Inc (XEL), Exelon Corp (EXC), Consolidated Edison Inc (ED), Public Service Enterprise Group Inc (PEG), Wec Energy Group, Inc. (WEC).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.