NiSource Inc. (NI) earnings on May 6, 2026
Prior outlook: No statistical edge
Despite expectations, the stock briefly moved higher after earnings. It then declined, closing the day with a loss.
NI price around the earnings
47.51
Change: -1.5%
2026-05-06, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
Mixed contexts, potential resistance ahead.
The company recently beat earnings expectations, and its full-year forecast was reaffirmed, which is positive. However, the stock's recent performance has been flat, and it is nearing a resistance level, despite a generally positive analyst outlook.
Context analyzed before publication
- Summary
- Mixed contexts, potential resistance ahead.
- Reasoning
- The company recently beat earnings expectations, and its full-year forecast was reaffirmed, which is positive. However, the stock's recent performance has been flat, and it is nearing a resistance level, despite a generally optimistic analyst outlook.
- Playbook
- With a positive analyst consensus but technical resistance, the scenario suggests waiting for a clear breakout or pullback.
- Trend
- Modest rally after guidance, but recent trend is flat.
Analysts
Drivers
-
Analysts
Positive
Most analysts cite a buy rating, with price targets pointing to a modestly optimistic scenario from the current level.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.6
- Analysts covering the stock
- 14
- Average price target
- 50.79
- Lowest price target
- 43
- Highest price target
- 55
- Upside to price target
- 5.9%
- Quarterly earnings growth
- 15.1%
- Revenue growth
- 19.8%
- Forward EPS
- 2.23
- Trailing EPS
- 1.95
- Analyst moves in the last 60 days
- 2
- Strong buy: 2
- Buy: 10
- Hold: 2
- Sell: 0
- Strong sell: 1
- Strong buy
- 2
- Buy
- 10
- Hold
- 2
- Sell
- 0
- Strong sell
- 1
- April 17, 2026 · Barclays: Maintains rating (Overweight → Overweight)
- March 31, 2026 · Keybanc: Initiates coverage (Overweight)
News and sentiment
Drivers
-
News & sentiment
Positive
The company exceeded earnings estimates for the first quarter and maintained its financial outlook for the entire year.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- Update - NiSource Q1 Adj. EPS $1.06 Beats $1.05 Estimate, Sales $2.363B Beat $2.252B Estimate — Benzinga
- NiSource Affirms FY2026 Adj EPS Guidance of $2.02-$2.07 vs $2.06 Est — Benzinga
- NiSource Q1 Adj. EPS $1.06 Beats $1.05 Estimate — Benzinga
- Barclays Maintains Overweight on NiSource, Raises Price Target to $49 — Benzinga
- NiSource Teams Up With Alphabet And Amazon To Power AI Data Centers—And Says Your Energy Bills Could Drop By This Much — Benzinga
- NiSource Signs Agreement With Alphabet's Subsidiary To Support Development, Operations Of Large-Scale Data Center In Indiana; Inks Expanded Agreement With Amazon Web Services Over Energization Of Amazon Sites; — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has seen a small decline recently and is underperforming the broader market. It is also approaching a price level where selling pressure has previously emerged.
Evidence
- Average true range (ATR)
- 2%
- Distance to 52-week high
- -2.1%
- 14-day change (14d)
- -0.8%
- 30-day change
- +4.9%
- 30-day relative strength
- -7.1%
- Benchmark change
- +12.1%
- Nearest support
- 45.16
- Nearest resistance
- 48.98
- Volume accumulation ratio
- 1.34
Trends
Evidence
- Average earnings surprise
- +3.6%
- May 6, 2026: actual EPS 1.06 vs estimate 1.05 (surprise +1.4%)
- February 11, 2026: actual EPS 0.51 vs estimate 0.5 (surprise +2.9%)
- October 29, 2025: actual EPS 0.2 vs estimate 0.19 (surprise +2.9%)
- August 6, 2025: actual EPS 0.22 vs estimate 0.21 (surprise +7.1%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 0.9%
- 75th percentile move
- 2.3%
- 90th percentile move
- 2.6%
- Up / down moves
- 12 / 7
- Average up move
- +1.5%
- Average down move
- -1.8%
Monitoring and close
What NiSource Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Consolidated
- -1.6%
- Max move
- -2.6%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.