ONEOK (OKE) Stock Forecast, Price Target & Predictions
OKE Stock Forecast
ONEOK stock forecast is as follows: an average price target of $83.14 (represents a -13.07% downside from OKE’s last price of $95.64) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
OKE Price Target
The average price target for ONEOK (OKE) is $83.14 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $111.00 to $57.00. This represents a potential -13.07% downside from OKE's last price of $95.64.
OKE Analyst Ratings
According to 13 Wall Street analysts, ONEOK's rating consensus is 'Buy'. The analyst rating breakdown for OKE stock is 0 'Strong Buy' (0.00%), 9 'Buy' (69.23%), 4 'Hold' (30.77%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
ONEOK Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Jean Ann Salisbury | Bank of America Securities | $105.00 | $95.65 | 9.78% | 9.79% |
| Oct 16, 2024 | Elvira Scotto | RBC Capital | $98.00 | $95.39 | 2.74% | 2.47% |
| Sep 16, 2024 | Robert Kad | Morgan Stanley | $111.00 | $91.37 | 21.48% | 16.06% |
| Sep 10, 2024 | Stewart Glickman | CFRA | $97.00 | $92.07 | 5.35% | 1.42% |
| Sep 03, 2024 | Spiro Dounis | Citigroup | $102.00 | $92.36 | 10.44% | 6.65% |
| Aug 07, 2024 | Stewart Glickman | CFRA | $90.00 | $83.06 | 8.36% | -5.90% |
| Jul 30, 2024 | Neal Dingmann | Truist Financial | $83.00 | $82.79 | 0.25% | -13.22% |
| Jul 30, 2024 | Sunil Sibal | Seaport Global | $89.00 | $82.20 | 8.27% | -6.94% |
| Feb 08, 2024 | Sunil Sibal | Seaport Global | $76.00 | $68.97 | 10.19% | -20.54% |
| Oct 02, 2023 | Sector Outperform | Scotiabank | $78.00 | $61.75 | 26.31% | -18.44% |
The latest ONEOK stock forecast, released on Oct 17, 2024 by Jean Ann Salisbury from Bank of America Securities, set a price target of $105.00, which represents a 9.78% increase from the stock price at the time of the forecast ($95.65), and a 9.79% increase from OKE last price ($95.64).
ONEOK Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 6 | 9 |
| Avg Price Target | $101.50 | $100.50 | $94.56 |
| Last Closing Price | $95.64 | $95.64 | $95.64 |
| Upside/Downside | 6.13% | 5.08% | -1.13% |
In the current month, the average price target of ONEOK stock is $101.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 6.13% increase as opposed to ONEOK's last price of $95.64. This month's average price target is up 1.00% compared to last quarter, and up 7.34% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Seaport Global | Buy | Buy | Hold |
| Oct 16, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 16, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 16, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Sep 03, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 30, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Aug 30, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 22, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Aug 07, 2024 | CFRA | Buy | Buy | Hold |
| Jul 30, 2024 | Seaport Global | Buy | Buy | Hold |
ONEOK's last stock rating was published by Seaport Global on Oct 29, 2024. The company gave OKE a "Buy" rating, the same as its previous rate.
ONEOK Financial Forecast
ONEOK Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.19B | $3.73B | $4.52B | $5.03B | $5.91B | $6.00B | $5.44B | $5.42B | $4.54B | $3.39B | $3.19B | $2.57B | $2.17B |
| Avg Forecast | $9.78B | $9.29B | $8.83B | $8.39B | $7.16B | $6.72B | $6.63B | $7.15B | $7.03B | $6.55B | $5.81B | $6.09B | $6.13B | $5.58B | $5.60B | $5.65B | $6.04B | $5.26B | $4.67B | $5.35B | $5.90B | $6.21B | $5.06B | $5.00B | $4.34B | $3.72B | $3.03B | $2.78B | $2.61B | $2.51B |
| High Forecast | $9.83B | $9.34B | $8.88B | $8.43B | $7.20B | $6.76B | $6.67B | $7.19B | $7.07B | $6.59B | $5.84B | $6.12B | $6.16B | $5.79B | $5.60B | $5.65B | $6.29B | $5.26B | $4.69B | $5.38B | $5.93B | $6.21B | $5.06B | $5.00B | $4.34B | $3.72B | $3.03B | $2.78B | $2.61B | $2.51B |
| Low Forecast | $9.73B | $9.25B | $8.79B | $8.35B | $7.13B | $6.69B | $6.60B | $7.12B | $7.00B | $6.52B | $5.78B | $6.06B | $6.10B | $5.37B | $5.60B | $5.65B | $5.79B | $5.26B | $4.64B | $5.32B | $5.87B | $6.21B | $5.06B | $5.00B | $4.34B | $3.72B | $3.03B | $2.78B | $2.61B | $2.51B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.80% | 0.85% | 0.85% | 0.95% | 1.19% | 1.09% | 1.25% | 1.22% | 1.12% | 1.15% | 0.99% | 0.87% |
ONEOK's average Quarter revenue forecast for Dec 23 based on 2 analysts is $6.04B, with a low forecast of $5.79B, and a high forecast of $6.29B. OKE's average Quarter revenue forecast represents a 44.18% increase compared to the company's last Quarter revenue of $4.19B (Sep 23).
ONEOK EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $557.00M | $963.00M | $1.71B | $949.84M | $887.19M | $873.01M | $837.56M | $841.14M | $851.79M | $792.95M | $849.87M | $733.91M | $745.39M |
| Avg Forecast | $2.37B | $2.25B | $2.14B | $2.03B | $1.73B | $1.63B | $1.60B | $1.73B | $1.70B | $1.59B | $1.40B | $1.47B | $1.48B | $1.35B | $1.36B | $1.04B | $1.46B | $1.27B | $1.13B | $944.21M | $967.00M | $1.50B | $1.22B | $858.37M | $1.05B | $899.64M | $731.88M | $751.49M | $630.49M | $606.76M |
| High Forecast | $2.38B | $2.26B | $2.15B | $2.04B | $1.74B | $1.63B | $1.61B | $1.74B | $1.71B | $1.59B | $1.41B | $1.48B | $1.49B | $1.40B | $1.36B | $1.25B | $1.52B | $1.27B | $1.13B | $1.13B | $1.16B | $1.50B | $1.22B | $1.03B | $1.05B | $899.64M | $731.88M | $901.79M | $630.49M | $606.76M |
| Low Forecast | $2.35B | $2.24B | $2.12B | $2.02B | $1.72B | $1.62B | $1.60B | $1.72B | $1.69B | $1.58B | $1.40B | $1.47B | $1.47B | $1.30B | $1.36B | $830.90M | $1.40B | $1.27B | $1.12B | $755.36M | $773.60M | $1.50B | $1.22B | $686.69M | $1.05B | $899.64M | $731.88M | $601.19M | $630.49M | $606.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.44% | 0.85% | 1.81% | 0.98% | 0.59% | 0.71% | 0.98% | 0.80% | 0.95% | 1.08% | 1.13% | 1.16% | 1.23% |
2 analysts predict OKE's average Quarter EBITDA for Dec 23 to be $1.46B, with a high of $1.52B and a low of $1.40B. This is 162.26% upper than ONEOK's previous annual EBITDA (Sep 23) of $557.00M.
ONEOK Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $454.00M | $468.00M | $1.05B | $484.92M | $431.75M | $414.38M | $391.17M | $379.37M | $392.02M | $342.14M | $386.18M | $308.03M | $312.32M |
| Avg Forecast | $892.78M | $939.42M | $857.87M | $793.16M | $1.00B | $962.12M | $931.47M | $920.70M | $963.27M | $904.19M | $849.76M | $866.22M | $843.01M | $722.00M | $710.35M | $483.95M | $701.65M | $628.98M | $600.27M | $439.96M | $436.07M | $568.53M | $512.88M | $399.96M | $519.49M | $487.25M | $438.62M | $341.04M | $429.15M | $354.82M |
| High Forecast | $898.68M | $945.63M | $863.54M | $798.40M | $1.01B | $968.48M | $937.62M | $926.79M | $969.63M | $910.17M | $855.38M | $1.00B | $951.23M | $742.06M | $747.78M | $580.74M | $753.83M | $635.13M | $604.24M | $527.95M | $523.28M | $568.53M | $512.88M | $479.95M | $519.49M | $487.25M | $438.62M | $409.25M | $429.15M | $354.82M |
| Low Forecast | $886.89M | $933.22M | $852.21M | $787.92M | $994.60M | $955.76M | $925.31M | $914.62M | $956.90M | $898.22M | $844.15M | $745.91M | $774.66M | $701.95M | $672.93M | $387.16M | $643.66M | $622.84M | $596.30M | $351.97M | $348.85M | $568.53M | $512.88M | $319.97M | $519.49M | $487.25M | $438.62M | $272.83M | $429.15M | $354.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 0.78% | 2.38% | 1.11% | 0.76% | 0.81% | 0.98% | 0.73% | 0.80% | 0.78% | 1.13% | 0.72% | 0.88% |
ONEOK's average Quarter net income forecast for Dec 23 is $701.65M, with a range of $643.66M to $753.83M. OKE's average Quarter net income forecast represents a 54.55% increase compared to the company's last Quarter net income of $454.00M (Sep 23).
ONEOK SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $681.07M | $647.02M | $614.67M | $583.94M | $498.64M | $468.08M | $461.71M | $497.83M | $489.42M | $456.21M | $404.22M | $423.85M | $426.48M | $388.51M | $390.09M | $393.16M | $420.42M | $366.32M | $324.96M | $372.29M | $410.47M | $431.96M | $352.23M | $347.79M | $301.94M | $258.92M | $210.64M | $193.54M | $181.46M | $174.63M |
| High Forecast | $684.53M | $650.31M | $617.79M | $586.91M | $501.18M | $470.46M | $464.05M | $500.36M | $491.91M | $458.53M | $406.28M | $426.01M | $428.65M | $403.20M | $390.09M | $393.16M | $437.78M | $366.32M | $326.61M | $374.19M | $412.55M | $431.96M | $352.23M | $347.79M | $301.94M | $258.92M | $210.64M | $193.54M | $181.46M | $174.63M |
| Low Forecast | $677.60M | $643.73M | $611.55M | $580.97M | $496.11M | $465.70M | $459.36M | $495.30M | $486.93M | $453.89M | $402.17M | $421.70M | $424.31M | $373.82M | $390.09M | $393.16M | $403.06M | $366.32M | $323.30M | $370.40M | $408.38M | $431.96M | $352.23M | $347.79M | $301.94M | $258.92M | $210.64M | $193.54M | $181.46M | $174.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
ONEOK's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to OKE last annual SG&A of $NaN (undefined).
ONEOK EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.04 | $2.34 | $1.08 | $0.96 | $0.93 | $0.87 | $0.85 | $0.88 | $0.77 | $0.87 | $0.69 | $0.70 |
| Avg Forecast | $1.52 | $1.60 | $1.46 | $1.35 | $1.71 | $1.64 | $1.59 | $1.57 | $1.64 | $1.54 | $1.45 | $1.48 | $1.44 | $1.23 | $1.21 | $1.15 | $1.20 | $1.07 | $1.02 | $2.18 | $1.02 | $0.97 | $0.88 | $0.91 | $0.89 | $0.83 | $0.75 | $0.77 | $0.73 | $0.61 |
| High Forecast | $1.53 | $1.61 | $1.47 | $1.36 | $1.72 | $1.65 | $1.60 | $1.58 | $1.65 | $1.55 | $1.46 | $1.71 | $1.62 | $1.26 | $1.27 | $1.15 | $1.28 | $1.08 | $1.03 | $2.20 | $1.03 | $0.97 | $0.88 | $0.91 | $0.89 | $0.83 | $0.75 | $0.77 | $0.73 | $0.61 |
| Low Forecast | $1.51 | $1.59 | $1.45 | $1.34 | $1.70 | $1.63 | $1.58 | $1.56 | $1.63 | $1.53 | $1.44 | $1.27 | $1.32 | $1.20 | $1.15 | $1.15 | $1.10 | $1.06 | $1.02 | $2.17 | $1.01 | $0.97 | $0.88 | $0.91 | $0.89 | $0.83 | $0.75 | $0.77 | $0.73 | $0.61 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.07% | 1.06% | 0.99% | 1.06% | 0.96% | 0.96% | 1.06% | 1.03% | 1.13% | 0.94% | 1.16% |
According to 1 Wall Street analysts, ONEOK's projected average Quarter EPS for Sep 23 is $1.07, with a low estimate of $1.06 and a high estimate of $1.08. This represents a 3.08% increase compared to OKE previous annual EPS of $1.04 (Jun 23).
ONEOK Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ENB | Enbridge | $40.83 | $44.17 | 8.18% | Hold |
| EPD | Enterprise Products Partners | $29.13 | $31.36 | 7.66% | Buy |
| ET | Energy Transfer LP | $16.51 | $16.40 | -0.67% | Buy |
| PAA | Plains All American Pipeline | $16.71 | $15.77 | -5.63% | Hold |
| KMI | Kinder Morgan | $24.49 | $22.30 | -8.94% | Buy |
| MPLX | MPLX LP | $44.32 | $39.09 | -11.80% | Buy |
| OKE | ONEOK | $95.64 | $83.14 | -13.07% | Buy |
| WMB | Williams Companies | $52.14 | $40.83 | -21.69% | Buy |
OKE Forecast FAQ
Is ONEOK a good buy?
Yes, according to 13 Wall Street analysts, ONEOK (OKE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 69.23% of OKE's total ratings.
What is OKE's price target?
ONEOK (OKE) average price target is $83.14 with a range of $57 to $111, implying a -13.07% from its last price of $95.64. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will ONEOK stock go up soon?
According to Wall Street analysts' prediction for OKE stock, the company can go down by -13.07% (from the last price of $95.64 to the average price target of $83.14), up by 16.06% based on the highest stock price target, and down by -40.40% based on the lowest stock price target.
Can ONEOK stock reach $140?
OKE's average twelve months analyst stock price target of $83.14 does not support the claim that ONEOK can reach $140 in the near future.
What is ONEOK's current price target trend?
2 Wall Street analysts forecast a $101.5 price target for ONEOK (OKE) this month, up 6.13% from its last price of $95.64. Compared to the last 3 and 12 months, the average price target increased by 5.08% and decreased by -1.13%, respectively.
What are ONEOK's analysts' financial forecasts?
ONEOK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $27.67B (high $27.81B, low $27.53B), average EBITDA is $6.69B (high $6.73B, low $6.66B), average net income is $3.82B (high $3.84B, low $3.79B), average SG&A $1.93B (high $1.94B, low $1.92B), and average EPS is $6.5 (high $6.55, low $6.46). OKE's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $36.3B (high $36.48B, low $36.11B), average EBITDA is $8.78B (high $8.82B, low $8.73B), average net income is $3.48B (high $3.51B, low $3.46B), average SG&A $2.53B (high $2.54B, low $2.51B), and average EPS is $5.94 (high $5.98, low $5.9).
Did the OKE's actual financial results beat the analysts' financial forecasts?
Based on ONEOK's last annual report (Dec 2023), the company's revenue was $17.68B, which missed the average analysts forecast of $21.32B by -17.08%. Apple's EBITDA was $3.4B, missing the average prediction of $4.81B by -29.27%. The company's net income was $2.66B, beating the average estimation of $2.37B by 12.15%. Apple's SG&A was $0, missing the average forecast of $1.48B by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $5.48 by -100.00%. In terms of the last quarterly report (Sep 2023), ONEOK's revenue was $4.19B, missing the average analysts' forecast of $5.26B by -20.40%. The company's EBITDA was $557M, missing the average prediction of $1.27B by -56.24%. ONEOK's net income was $454M, missing the average estimation of $628.98M by -27.82%. The company's SG&A was $0, missing the average forecast of $366.32M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $1.07 by -100.00%