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NiSource Secures Major Data Center Contract

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NiSource Secures Major Data Center Contract

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Nisource ( (NI) ) has shared an update.

On September 18, 2025, NIPSCO, a subsidiary of NiSource Inc., entered into a contract to supply electric service to a major data center customer starting in 2027, with capacity increasing until 2032. This agreement, pending regulatory approval, involves constructing new generation facilities and could impact retail customer savings and NIPSCO’s financial strategies, as the company plans to finance the project through various means including debt and equity.

The most recent analyst rating on (NI) stock is a Buy with a $45.00 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 strong earnings call performance and strategic initiatives are offset by financial risks from high leverage and negative cash flow. Technical indicators suggest weak momentum, and valuation concerns persist.

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

More about Nisource

NiSource Inc. operates in the energy sector, primarily focusing on providing electric and natural gas services. Its subsidiary, Northern Indiana Public Service Company LLC (NIPSCO), is involved in delivering electric services, particularly to data centers, and is committed to expanding its generation capacity to meet future demands.

Average Trading Volume: 4,296,509

Technical Sentiment Signal: Strong Buy

Current Market Cap: $18.98B

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

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