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NiSource Launches $1.5 Billion Equity Offering Program

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NiSource Launches $1.5 Billion Equity Offering Program

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The latest update is out from Nisource ( (NI) ).

On October 31, 2025, NiSource Inc. announced the establishment of a $1.5 billion at-the-market equity offering program through 2028, replacing a previous $900 million program. The company has entered into equity distribution agreements with multiple financial institutions to sell shares of its common stock, with proceeds intended for general corporate purposes, including financing capital expenditures and repaying existing debt.

The most recent analyst rating on (NI) stock is a Hold with a $47.00 price target. To see the full list of analyst forecasts on Nisource stock, see the NI Stock Forecast page.

Spark’s Take on NI Stock

According to Spark, TipRanks’ AI Analyst, NI is a Neutral.

Nisource’s overall stock score is driven by strong earnings call insights and solid financial performance, despite challenges with leverage and cash flow. Technical analysis and valuation present moderate risks, but strategic growth initiatives and positive guidance support a stable outlook.

To see Spark’s full report on NI stock, click here.

More about Nisource

NiSource Inc. is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The company is dedicated to delivering safe, reliable energy and is recognized for its commitment to sustainability and diversity.

Average Trading Volume: 4,482,468

Technical Sentiment Signal: Buy

Current Market Cap: $20.1B

For detailed information about NI stock, go to TipRanks’ Stock Analysis page.

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