NI

NiSource Inc.
UtilitiesUtilities - Regulated GasNASDAQ
$45.83
-$0.78 (-1.69%)today
Conviction
0/ 10
Fair Value$48.54
Upside+5.91%
Signal0
Market Cap$22.3B
52W Range$35.64–$47.96
Next EarningsMay 6

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 96% valid
Fair Value$25.50
Current Price$45.02
Upside / Down-43.4%
P(Undervalued)11.7%
P(20%+ Up)4.5%
P(15%+ Down)79.6%

Fair Value Distribution — percentile bands

11.7% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

18.4%/yr

±8.5% · revenue growth to justify current price

KEY VALUE DRIVERS

Spearman correlation — what moves this valuation most

Quick Take

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States.

Trailing P/E23.9x
Forward P/E21.0x
P/S3.4x
EPS (TTM)$1.95
Analyst Target$48.54
Analyst Upside5.9%

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Bull Case

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Bear Case

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Research Feed

sec_10kMar 3
Conviction: unchanged
NiSource 10-K FY2025: Regulated Utility with Data Center Growth, Execution Risks

NiSource Inc. (NI) is a regulated utility with ~3.8M customers in gas distribution and electric operations. Core business offers stable dividends and regulatory moats, but company is pursuing transfor...