NiSource clears key data center milestone, shares backed by new Evercore target
29.06.2026 - 10:32:51 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-29, 10:32.
NiSource Inc. (US65473P1057) is drawing fresh analyst attention after securing regulatory approval for a data center partnership that involves Amazon in its Indiana service territory, according to a recent Seeking Alpha-sourced update reported by Intellectia.ai.Intellectia.ai summary of the NiSource data center approval The stock trades on the NYSE under the ticker NI, anchoring it firmly within the U.S. utilities segment.
What Evercore ISI highlights
Evercore ISI has responded to the latest regulatory progress by raising its price target on NiSource shares to 52 dollars from 50 dollars, while reiterating an In Line rating, as cited in the same Intellectia.ai report based on Seeking Alpha data.Evercore ISI price target move on NiSource The move signals that the analyst house sees the utility’s long-term earnings profile as broadly consistent with the sector, even as new projects like the data center partnership add incremental growth optionality.
The Evercore target increase comes against the backdrop of NiSource’s reaffirmed long-term earnings growth expectations, which are important for valuation metrics used by U.S. brokers covering regulated utilities.Zacks analysis of NiSource earnings trajectory For investors tracking the wider sector, NiSource sits alongside peers such as Duke Energy and American Electric Power as a Midwest-focused regulated natural gas and electric utility.
Consensus earnings and growth outlook
NiSource reported first-quarter 2025 operating earnings per share of 1.06 dollars, matching the Zacks Consensus Estimate, underlining a consistent track record of delivering in line with expectations.Zacks report on NiSource Q1 2025 results The company reaffirmed its 2026 non-GAAP earnings guidance in a range of 2.02 to 2.07 dollars per share, with the Zacks Consensus Estimate currently sitting at 2.05 dollars, squarely within that band.
Zacks notes that NiSource now expects earnings to grow at a compound annual rate of 9 to 10 percent through 2033, an upgrade from its previous forecast of 8 to 9 percent.Zacks commentary on NiSource long-term CAGR target The research house currently assigns NiSource a Rank #3 (Hold), indicating an expectation of an in-line return profile over the next few months relative to the broader market.
Background and price data on NiSource
All news, regulatory filings and price information on NiSource shares are bundled in the dedicated topic section and via the company’s Investor Relations page.
How NiSource makes its money
NiSource’s core business is providing regulated natural gas and electric distribution services to residential, commercial and industrial customers across several Midwestern and Mid-Atlantic states, including Indiana, Ohio and Pennsylvania, via local utilities such as NIPSCO.NiSource corporate overview Revenue streams are largely driven by approved tariffs and infrastructure investment programs that allow the company to earn regulated returns on its capital spending for pipelines, distribution networks and generation assets.
Where the stock trades today
NiSource shares (US65473P1057) trade on the NYSE under the ticker NI, with the latest verified price quotes and intraday data available from U.S. exchange and financial data providers in U.S. dollars as of 2026-06-29, 10:32.
Key data on the NiSource shares
- Company: NiSource Inc.
- ISIN: US65473P1057
- WKN: 911592
- Ticker: NI
- Trading venue: NYSE
- Price (as of 2026-06-29, 10:32): [latest quote] USD
- Market cap: [latest market capitalization] USD (as of 2026-06-29)
- Sector / industry: Utilities - Regulated Gas & Electric
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article provides a factual, independent overview of NiSource based on public information and third-party analysis. It does not constitute investment advice, does not include any buy or sell recommendation, and does not replace a personal consultation with a qualified financial advisor.
