
NiSource Inc. retains a Buy rating, leveraging major data center contracts to drive long-term earnings growth and strategic infrastructure investment. NI has secured regulatory-approved agreements with hyperscalers like Amazon and Microsoft, supporting a $40 billion investment plan and boosting long-term EPS growth guidance to 10–11% through 2033. Despite trading at a premium valuation (21.6x earnings), NI's superior growth prospects and lower forward PEG ratio justify some premium versus the utility sector.










