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ONEOK (OKE) Stock Forecast, Price Target & Predictions

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OKE Stock Forecast

ONEOK stock forecast is as follows: an average price target of $97.86 (represents a -2.95% downside from OKE’s last price of $100.83) 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 $97.86 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 $83.00. This represents a potential -2.95% downside from OKE's last price of $100.83.

OKE Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2024Jean Ann SalisburyBank of America Securities$105.00$95.659.78%4.14%
Oct 16, 2024Elvira ScottoRBC Capital$98.00$95.392.74%-2.81%
Sep 16, 2024Robert KadMorgan Stanley$111.00$91.3721.48%10.09%
Sep 10, 2024Stewart GlickmanCFRA$97.00$92.075.35%-3.80%
Sep 03, 2024Spiro DounisCitigroup$102.00$92.3610.44%1.16%
Aug 07, 2024Stewart GlickmanCFRA$90.00$83.068.36%-10.74%
Jul 30, 2024Neal DingmannTruist Financial$83.00$82.790.25%-17.68%
Jul 30, 2024Sunil SibalSeaport Global$89.00$82.208.27%-11.73%
Feb 08, 2024Sunil SibalSeaport Global$76.00$68.9710.19%-24.63%
Oct 02, 2023Sector OutperformScotiabank$78.00$61.7526.31%-22.64%
Dec 21, 2022Truist Financial$73.00$64.7012.83%-27.60%
Dec 09, 2022Citigroup$67.00$64.124.49%-33.55%
Jul 20, 2022Morgan Stanley$74.00$57.7028.25%-26.61%
Jul 20, 2022Barclays$62.00$58.366.24%-38.51%
May 02, 2022Neal DingmannTruist Financial$78.00$63.3123.21%-22.64%
Apr 28, 2022Wells Fargo$75.00$65.4814.54%-25.62%
Apr 26, 2022Morgan Stanley$81.00$66.3022.17%-19.67%
Apr 20, 2022Raymond James$75.00$73.022.72%-25.62%
Jan 18, 2022Chase MulvehillBank of America Securities$66.00$60.469.16%-34.54%
Jan 07, 2022Robert KadMorgan Stanley$70.00$61.4913.84%-30.58%
Jan 05, 2022Timm SchneiderCitigroup$62.00$59.703.85%-38.51%
Nov 23, 2021Jeremy TonetJ.P. Morgan$66.00$63.024.73%-34.54%
Nov 04, 2021James WestonRaymond James$70.00$62.4512.09%-30.58%
Sep 23, 2021Jean Ann SalisburyBernstein$66.00$55.7618.36%-34.54%
Jun 08, 2021Mirek ZakNeuberger Berman$57.00$53.197.16%-43.47%

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 4.14% increase from OKE last price ($100.83).

ONEOK Price Target by Period

1M3M12M
# Anlaysts-29
Avg Price Target-$101.50$94.56
Last Closing Price$100.83$100.83$100.83
Upside/Downside-100.00%0.66%-6.22%

In the current month, the average price target of ONEOK stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ONEOK's last price of $100.83. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024Seaport GlobalBuyBuyHold
Oct 16, 2024RBC CapitalSector PerformSector PerformHold
Sep 16, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 16, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Sep 03, 2024CitigroupBuyBuyHold
Aug 30, 2024ScotiabankOutperformOutperformHold
Aug 30, 2024Wells FargoOverweightOverweightHold
Aug 22, 2024RBC CapitalSector PerformSector PerformHold
Aug 07, 2024CFRABuyBuyHold
Jul 30, 2024Seaport GlobalBuyBuyHold
Jun 10, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 02, 2024Bank of America SecuritiesBuyBuyHold
Jan 19, 2024Raymond JamesOutperformOutperformHold
Oct 02, 2023ScotiabankSector OutperformUpgrade
Sep 11, 2023Raymond JamesOutperformOutperformHold
Jun 06, 2023BernsteinOutperformOutperformHold
May 22, 2023Raymond JamesOutperformOutperformHold
May 05, 2023Raymond JamesStrong BuyStrong BuyHold
Apr 04, 2023CitigroupNeutralBuyUpgrade
Jan 09, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Dec 16, 2022Wells FargoEqual-WeightOverweightUpgrade
Dec 09, 2022CitigroupNeutralInitialise
Oct 20, 2022Raymond JamesOutperformOutperformHold
Aug 22, 2022NeedhamHoldDowngrade
Jul 20, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 20, 2022BarclaysEqual-WeightEqual-WeightHold
Jul 20, 2022Raymond JamesOutperformOutperformHold
May 20, 2022Wells FargoEqual-WeightEqual-WeightHold
Apr 28, 2022Wells FargoEqual-WeightEqual-WeightHold
Apr 26, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 26, 2022Goldman SachsNeutralUpgrade
Jan 10, 2022Wolfe ResearchPeer PerformDowngrade

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 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$7.50B$7.32B$7.17B$7.24B$6.65B$6.32B$6.25B$6.73B$6.62B$6.16B$5.52B$5.88B$6.26B$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$7.62B$7.43B$7.29B$7.36B$6.75B$6.42B$6.35B$6.84B$6.73B$6.26B$5.61B$5.98B$6.36B$5.79B$5.60B$5.65B$6.29B$5.26B$4.74B$5.43B$5.99B$6.21B$5.06B$5.00B$4.34B$3.72B$3.03B$2.78B$2.61B$2.51B
Low Forecast$7.43B$7.24B$7.10B$7.17B$6.58B$6.25B$6.19B$6.66B$6.56B$6.10B$5.47B$5.83B$6.20B$5.37B$5.60B$5.65B$5.79B$5.26B$4.62B$5.30B$5.84B$6.21B$5.06B$5.00B$4.34B$3.72B$3.03B$2.78B$2.61B$2.51B
# Analysts111111111111211121111111111198
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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111111211121111111111198
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$1.77B$1.72B$1.69B$1.71B$1.57B$1.49B$1.47B$1.59B$1.56B$1.45B$1.30B$1.39B$1.47B$1.32B$1.32B$1.04B$1.42B$1.24B$1.10B$944.21M$967.00M$1.50B$1.22B$858.37M$1.05B$899.64M$731.88M$751.49M$630.49M$606.76M
High Forecast$1.80B$1.75B$1.72B$1.73B$1.59B$1.51B$1.50B$1.61B$1.58B$1.47B$1.32B$1.41B$1.50B$1.36B$1.32B$1.25B$1.48B$1.24B$1.12B$1.13B$1.16B$1.50B$1.22B$1.03B$1.05B$899.64M$731.88M$901.79M$630.49M$606.76M
Low Forecast$1.75B$1.71B$1.67B$1.69B$1.55B$1.47B$1.46B$1.57B$1.54B$1.44B$1.29B$1.37B$1.46B$1.27B$1.32B$830.90M$1.36B$1.24B$1.09B$755.36M$773.60M$1.50B$1.22B$686.69M$1.05B$899.64M$731.88M$601.19M$630.49M$606.76M
Surprise %-----------------0.45%0.88%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 $1.42B, with a high of $1.48B and a low of $1.36B. This is 155.49% upper than ONEOK's previous annual EBITDA (Sep 23) of $557.00M.

ONEOK Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111111211121111111111198
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$1.30B$1.16B$1.12B$1.20B$1.11B$1.05B$1.02B$1.06B$991.61M$933.36M$865.15M$901.04M$893.40M$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$1.32B$1.18B$1.14B$1.23B$1.14B$1.07B$1.04B$1.08B$1.01B$952.89M$883.25M$1.06B$1.06B$742.06M$747.78M$580.74M$753.83M$635.13M$612.83M$527.95M$523.28M$568.53M$512.88M$479.95M$519.49M$487.25M$438.62M$409.25M$429.15M$354.82M
Low Forecast$1.28B$1.14B$1.11B$1.19B$1.10B$1.04B$1.01B$1.04B$979.07M$921.56M$854.21M$792.91M$777.14M$701.95M$672.93M$387.16M$643.66M$622.84M$592.68M$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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111111211121111111111198
SG&A------------------------------
Avg Forecast$521.02M$507.96M$498.10M$503.07M$461.47M$438.58M$433.71M$467.34M$459.66M$427.70M$383.21M$408.54M$434.58M$387.56M$389.13M$392.19M$419.38M$365.42M$324.15M$371.37M$409.46M$431.96M$352.23M$347.79M$301.94M$258.92M$210.64M$193.54M$181.46M$174.63M
High Forecast$529.41M$516.13M$506.12M$511.17M$468.89M$445.64M$440.69M$474.86M$467.06M$434.59M$389.38M$415.11M$441.57M$402.21M$389.13M$392.19M$436.70M$365.42M$329.37M$377.35M$416.04M$431.96M$352.23M$347.79M$301.94M$258.92M$210.64M$193.54M$181.46M$174.63M
Low Forecast$515.95M$503.01M$493.26M$498.18M$456.98M$434.31M$429.50M$462.79M$455.19M$423.54M$379.49M$404.57M$430.35M$372.90M$389.13M$392.19M$402.06M$365.42M$321.00M$367.76M$405.47M$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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111111211121111111111198
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$2.21$1.97$1.91$2.05$1.90$1.79$1.74$1.80$1.69$1.59$1.47$1.54$1.52$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$2.26$2.01$1.95$2.09$1.93$1.83$1.77$1.84$1.73$1.62$1.51$1.81$1.81$1.26$1.27$1.15$1.28$1.08$1.04$2.23$1.04$0.97$0.88$0.91$0.89$0.83$0.75$0.77$0.73$0.61
Low Forecast$2.18$1.95$1.89$2.02$1.87$1.77$1.71$1.78$1.67$1.57$1.46$1.35$1.32$1.20$1.15$1.15$1.10$1.06$1.01$2.16$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ENBEnbridge$41.82$63.0050.65%Hold
PAAPlains All American Pipeline$16.77$20.0019.26%Hold
EPDEnterprise Products Partners$31.07$35.3313.71%Buy
ETEnergy Transfer LP$19.28$21.5011.51%Buy
MPLXMPLX LP$47.48$48.672.51%Buy
KMIKinder Morgan$27.18$26.90-1.03%Buy
OKEONEOK$100.83$97.86-2.95%Buy
WMBWilliams Companies$53.94$51.33-4.84%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 $97.86 with a range of $83 to $111, implying a -2.95% from its last price of $100.83. 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 -2.95% (from the last price of $100.83 to the average price target of $97.86), up by 10.09% based on the highest stock price target, and down by -17.68% based on the lowest stock price target.

Can ONEOK stock reach $200?

OKE's average twelve months analyst stock price target of $97.86 does not support the claim that ONEOK can reach $200 in the near future.

What are ONEOK's analysts' financial forecasts?

ONEOK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $25.94B (high $26.36B, low $25.69B), average EBITDA is $6.11B (high $6.21B, low $6.05B), average net income is $4.24B (high $4.32B, low $4.18B), average SG&A $1.8B (high $1.83B, low $1.78B), and average EPS is $7.22 (high $7.37, low $7.13). OKE's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $29.24B (high $29.71B, low $28.95B), average EBITDA is $6.89B (high $7B, low $6.82B), average net income is $4.78B (high $4.88B, low $4.72B), average SG&A $2.03B (high $2.06B, low $2.01B), and average EPS is $8.14 (high $8.31, low $8.04).

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 $4.71B by -27.77%. 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 $1.24B by -55.08%. 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 $365.42M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $1.07 by -100.00%