Jefferies cuts target for NiSource stock to USD 49.00

Published on 10/17/2026 at 20:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. NiSource stock stood at EUR 37.97 on October 16, 2026, up 0.64 percent versus Frankfurt close.

Analyst target and market dates

On October 15, 2026, Jefferies lowered its NiSource target from USD 55.00 to USD 49.00.
NiSource is scheduled to report third-quarter results on October 28, 2026.
NiSource stock was last at EUR 37.97 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, plus 0.64 percent versus the Frankfurt close of October 16, 2026.
NiSource had a market capitalization of USD 20.5 billion and a P/E ratio of 22.70.

Aquarellbild einer Vorstadtstraße mit Stromleitungen und Gaszähler in warmen Abendfarben — NiSource Inc. US65473P1057 als Aquarellmalerei eines Vorstadtnetzes mit Strommasten und Gaszähler dargestellt, Illustration mit AI erstellt.

Jefferies cut its NiSource target from USD 55.00 to USD 49.00 on October 15, 2026, according to Yahoo Finance. The new target stands 14.81 percent above NiSource's USD 42.68 last price on the NYSE. NiSource stock was last at EUR 37.97 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, plus 0.64 percent versus the Frankfurt close of October 16, 2026 (EUR 37.73).

Results arrive October 28, 2026

NiSource is scheduled to release its third-quarter 2026 financial results before US markets open on October 28, 2026. The company also plans an investor conference call at 11:00 a.m. EDT that day, according to NiSource. The date gives the next clear checkpoint for the target revision and for the utility's earnings outlook.

Price sits below its yearly high

On the NYSE, NiSource last traded at USD 42.68 on October 16, 2026 at 4:02 p.m. ET. The session range was USD 41.68 to USD 42.87, while the 52-week range was USD 38.42 to USD 49.21. The last price was 13.27 percent below the 52-week high, leaving the stock well above its yearly low.

The euro quotation is a separate German-market view of the same company. Its Frankfurt comparison point was EUR 37.73 on October 16, 2026, and the Lang & Schwarz quotation finished that reference session at EUR 37.97. The resulting 0.64 percent difference is below the threshold for a directional headline.

Valuation and utility peers

NiSource had a market capitalization of USD 20.5 billion and a P/E ratio of 22.70 on October 16, 2026. Dominion Energy stood at USD 63.56 with a P/E ratio of 22.07 and a market capitalization of USD 55.9 billion. Duke Energy traded at USD 121.47 with a P/E ratio of 18.24 and a market capitalization of USD 94.7 billion.

The comparison points to a valuation close to Dominion's and above Duke Energy's on the reported earnings multiple. The upcoming October 28 results therefore matter more for the next valuation reading than the small German-market price difference.

Comparison with peers

NiSource Inc.: plus 0.64 percent, P/E 22.70, market capitalization USD 20.5 billion
Dominion Energy (NYSE, USD): plus 1.11 percent, P/E 22.07, market capitalization USD 55.9 billion
Duke Energy (NYSE, USD): plus 2.18 percent, P/E 18.24, market capitalization USD 94.7 billion

Trading level and investor view

NiSource's last USD 42.68 quotation was 13.27 percent below its 52-week high, while Jefferies' USD 49.00 target implied 14.81 percent upside in the same currency. The October 28 reporting date is the next scheduled company event.

The further course of trading is shown by the continuously updated real-time quote of NiSource stock.