NI

NiSource

October 16, 2026 · pre-market

Rarity

1.80

Peak move

+3.76%

Float cap

$19.7B

NiSource is an energy holding company whose subsidiaries are fully regulated natural gas and electric utilities serving customers across six states. Through its Columbia Gas brands it distributes natural gas to roughly 3.3 million residential, commercial and industrial customers, while its NIPSCO subsidiary provides gas and electricity to northern Indiana. It also owns and operates generating plants, including coal, gas, hydro, wind and solar facilities.

• major_contractOct 16

  NiSource signed a 20-year energy agreement with Microsoft to supply its planned northwest Indiana data center campus starting in 2028, adding about 1,100 MW to GenCo's portfolio and raising projected NIPSCO customer savings to roughly $1.75 billion from $1.4 billion.

  Webbusinesswirenews.comWebmarketscreener.comWebbusinesswire.com
• regulatory_actionOct 14 · 20:45 ET

  The Indiana Utility Regulatory Commission voted down NIPSCO's proposed $741 million five-year natural gas line upgrade plan for the second time, also rejecting a revised request to keep $200 million in rural upgrades.

  Web21alivenews.com
• major_contractOct 15

  NiSource subsidiary GenCo entered a Battery Storage System Tolling Agreement with Atlas Storage 1 LLC, an AGP Group affiliate, for a 600 MWAC / 2,400 MWh MISO-interconnected battery project with about $2.2 billion in aggregate storage payments over a roughly 20.5-year term, treated as a finance lease.

  Websec.govWebsec.gov
• analyst_ratingOct 15

  Jefferies lowered its price target on NiSource to $49 from $55 while keeping a Buy rating.

  Webmarketscreener.com
• analyst_ratingOct 14

  Citigroup analyst Ryan Levine maintained a Neutral rating on NiSource and lowered the price target to $45.00 from $49.00.

  Webmarketscreener.comWebgurufocus.com