NiSource secures major data center deals, boosting long-term earnings growth outlook.

NiSource Inc. maintains a Buy rating due to its strategic contracts with major data centers like Amazon and Microsoft, which support a $40 billion infrastructure investment plan. These deals enhance its long-term earnings per share growth forecast to 10–11% through 2033. Despite a premium valuation, NiSource's growth potential and relatively low forward PEG ratio justify investor interest. However, risks include high debt levels and financing challenges for large projects, suggesting cautious buying on price dips.

NiSource's market cap stands at $21.04 billion as of Oct 30, 2026, 04:01 WIB, reflecting its significant presence in the utilities sector. The stock trades at USD 44.68 with a dividend yield of 2.74%, offering income alongside growth potential. Trading volume on Pluang is 8,943,395, indicating active investor interest in this utility amid its strategic infrastructure plans.