NiSource Inc.NI

Utilities
Neutral

ASignal's systematic analysis rates NI as Neutral. NiSource Inc. has a market cap of $21.92B, a P/E of 23.2, a 14.1% net margin, and 8.2% year-over-year revenue growth.

Reflects the latest available analysis · analyzed Jul 16, 2026

The case on NI

Bull vs bear, surfaced by ASignal's framework agents from public market data. The precise verdict: ASignal Rank, confidence, and price targets - is in the app.

Bull case
  • Operating margin above 30%, indicating strong cost control
  • Gross margin above 50%, suggesting pricing power or low production costs
  • Forward P/E of 20.30x below current P/E, implying potential earnings growth
  • Positive operating cash flow of $2.12B
VS
Bear case
  • Negative free cash flow of $-1.56B, indicating capital intensity or dividend burden
  • Debt-to-equity ratio of 1.41x, above the concerning threshold of 1.0
  • Current ratio of 0.65x and quick ratio of 0.37x, signaling liquidity risk
  • RSI near oversold territory but MACD negative and price below moving averages
  • No Reddit mentions, suggesting lack of retail interest or visibility

Key facts

Sector
Utilities
Market cap
$21.92B
P/E ratio
23.2
Gross margin
50.7%
Net margin
14.1%
Rev growth YoY
8.2%
Price (Jul 16, 2026)
$45.71

Peers

Clustered with NI by analysis-profile similarity.

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See the full verdict on NI

ASignal Rank (1-4), confidence score, Buffett / Ackman / Dalio grades, price targets, and the full reasoning behind the call.

How ASignal analyzes NI

Most investors never get a second opinion, let alone several. ASignal runs NI past a panel of specialized investor-framework agents, each calibrated on a distinct school of investing: Warren Buffett's value discipline, Bill Ackman's activist lens, and Ray Dalio's macro view. They don't just score in isolation, they argue: a dedicated Challenger agent pushes back on every conclusion until the panel settles on a reasoned consensus, weighing fundamentals, macro conditions, market sentiment, and price action together. The kind of cross-examined read that takes a research desk hours, ASignal delivers in under two minutes, refreshed every cycle.

The signal direction and the bull and bear case above are free. The precise read, ASignal Rank, framework grades, price targets, and full reasoning, stays with subscribers.

NiSource Inc. (NI) Stock Analysis - ASignal rates it Neutral