ONEOK (OKE) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

OKE Stock Forecast

ONEOK stock forecast is as follows: an average price target of $83.14 (represents a -26.53% downside from OKE’s last price of $113.16) 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 -26.53% downside from OKE's last price of $113.16.

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

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%	-7.21%
Oct 16, 2024	Elvira Scotto	RBC Capital	$98.00	$95.39	2.74%	-13.40%
Sep 16, 2024	Robert Kad	Morgan Stanley	$111.00	$91.37	21.48%	-1.91%
Sep 10, 2024	Stewart Glickman	CFRA	$97.00	$92.07	5.35%	-14.28%
Sep 03, 2024	Spiro Dounis	Citigroup	$102.00	$92.36	10.44%	-9.86%
Aug 07, 2024	Stewart Glickman	CFRA	$90.00	$83.06	8.36%	-20.47%
Jul 30, 2024	Neal Dingmann	Truist Financial	$83.00	$82.79	0.25%	-26.65%
Jul 30, 2024	Sunil Sibal	Seaport Global	$89.00	$82.20	8.27%	-21.35%
Feb 08, 2024	Sunil Sibal	Seaport Global	$76.00	$68.97	10.19%	-32.84%
Oct 02, 2023	Sector Outperform	Scotiabank	$78.00	$61.75	26.31%	-31.07%

Row per page

Go to

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 -7.21% decrease from OKE last price ($113.16).

ONEOK Price Target by Period

	1M	3M	12M
# Anlaysts	-	5	9
Avg Price Target	-	$102.60	$94.56
Last Closing Price	$113.16	$113.16	$113.16
Upside/Downside	-100.00%	-9.33%	-16.44%

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 $113.16. 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

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

Row per page

Go to

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	$9.84B	$9.35B	$8.87B	$8.43B	$6.91B	$6.51B	$6.41B	$6.91B	$6.91B	$6.46B	$5.71B	$5.98B	$6.28B	$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	$10.00B	$9.49B	$9.01B	$8.56B	$7.02B	$6.61B	$6.51B	$7.02B	$7.02B	$6.56B	$5.80B	$6.07B	$6.38B	$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	$9.72B	$9.23B	$8.76B	$8.32B	$6.82B	$6.42B	$6.33B	$6.83B	$6.82B	$6.38B	$5.64B	$5.90B	$6.21B	$5.37B	$5.60B	$5.65B	$5.79B	$5.26B	$4.61B	$5.28B	$5.82B	$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	2	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	2	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	$2.22B	$2.11B	$2.00B	$1.90B	$1.56B	$1.47B	$1.45B	$1.56B	$1.56B	$1.46B	$1.29B	$1.35B	$1.42B	$1.26B	$1.26B	$1.04B	$1.36B	$1.19B	$1.05B	$944.21M	$967.00M	$1.50B	$1.22B	$858.37M	$1.05B	$899.64M	$731.88M	$751.49M	$630.49M	$606.76M
High Forecast	$2.25B	$2.14B	$2.03B	$1.93B	$1.58B	$1.49B	$1.47B	$1.58B	$1.58B	$1.48B	$1.31B	$1.37B	$1.44B	$1.31B	$1.26B	$1.25B	$1.42B	$1.19B	$1.07B	$1.13B	$1.16B	$1.50B	$1.22B	$1.03B	$1.05B	$899.64M	$731.88M	$901.79M	$630.49M	$606.76M
Low Forecast	$2.19B	$2.08B	$1.98B	$1.88B	$1.54B	$1.45B	$1.43B	$1.54B	$1.54B	$1.44B	$1.27B	$1.33B	$1.40B	$1.21B	$1.26B	$830.90M	$1.31B	$1.19B	$1.04B	$755.36M	$773.60M	$1.50B	$1.22B	$686.69M	$1.05B	$899.64M	$731.88M	$601.19M	$630.49M	$606.76M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.47%	0.91%	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 $1.36B, with a high of $1.42B and a low of $1.31B. This is 144.56% 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	2	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	$1.07B	$1.03B	$1.02B	$1.01B	$972.98M	$923.40M	$865.26M	$845.03M	$862.60M	$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	$911.11M	$958.71M	$875.48M	$809.44M	$1.09B	$1.06B	$1.04B	$1.03B	$992.95M	$942.36M	$883.02M	$980.00M	$973.34M	$742.06M	$747.78M	$580.74M	$753.83M	$635.13M	$612.59M	$527.95M	$523.28M	$568.53M	$512.88M	$479.95M	$519.49M	$487.25M	$438.62M	$409.25M	$429.15M	$354.82M
Low Forecast	$878.24M	$924.12M	$843.90M	$780.24M	$1.05B	$1.02B	$998.58M	$995.28M	$957.13M	$908.36M	$851.16M	$727.67M	$792.66M	$701.95M	$672.93M	$387.16M	$643.66M	$622.84M	$590.49M	$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	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$683.43M	$648.97M	$616.24M	$585.17M	$479.61M	$451.72M	$445.14M	$480.15M	$479.62M	$448.74M	$396.42M	$415.13M	$436.36M	$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	$694.22M	$659.21M	$625.97M	$594.41M	$487.18M	$458.85M	$452.17M	$487.73M	$487.19M	$455.82M	$402.68M	$421.68M	$443.25M	$402.21M	$389.13M	$392.19M	$436.70M	$365.42M	$329.27M	$377.24M	$415.92M	$431.96M	$352.23M	$347.79M	$301.94M	$258.92M	$210.64M	$193.54M	$181.46M	$174.63M
Low Forecast	$674.87M	$640.84M	$608.52M	$577.83M	$473.60M	$446.06M	$439.56M	$474.14M	$473.61M	$443.11M	$391.46M	$409.93M	$430.89M	$372.90M	$389.13M	$392.19M	$402.06M	$365.42M	$320.09M	$366.72M	$404.32M	$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	2	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	$1.82	$1.76	$1.73	$1.72	$1.66	$1.57	$1.47	$1.44	$1.47	$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	$1.55	$1.63	$1.49	$1.38	$1.86	$1.80	$1.77	$1.76	$1.69	$1.61	$1.51	$1.67	$1.66	$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	$1.50	$1.58	$1.44	$1.33	$1.79	$1.73	$1.70	$1.70	$1.63	$1.55	$1.45	$1.24	$1.35	$1.20	$1.15	$1.15	$1.10	$1.06	$1.01	$2.15	$1.00	$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	$42.79	$44.17	3.23%	Hold
EPD	Enterprise Products Partners	$31.79	$31.36	-1.35%	Buy
PAA	Plains All American Pipeline	$17.56	$15.77	-10.19%	Hold
ET	Energy Transfer LP	$18.28	$16.40	-10.28%	Buy
MPLX	MPLX LP	$47.58	$39.09	-17.84%	Buy
KMI	Kinder Morgan	$28.00	$22.30	-20.36%	Buy
OKE	ONEOK	$113.16	$83.14	-26.53%	Buy
WMB	Williams Companies	$58.70	$41.72	-28.93%	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 -26.53% from its last price of $113.16. 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 -26.53% (from the last price of $113.16 to the average price target of $83.14), down by -1.91% based on the highest stock price target, and down by -49.63% based on the lowest stock price target.

Can ONEOK stock reach $200?

OKE's average twelve months analyst stock price target of $83.14 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 $26.74B (high $27.16B, low $26.4B), average EBITDA is $6.03B (high $6.13B, low $5.95B), average net income is $4.13B (high $4.21B, low $4.06B), average SG&A $1.86B (high $1.89B, low $1.83B), and average EPS is $7.04 (high $7.18, low $6.92). OKE's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $36.49B (high $37.07B, low $36.03B), average EBITDA is $8.23B (high $8.36B, low $8.13B), average net income is $3.48B (high $3.55B, low $3.43B), average SG&A $2.53B (high $2.57B, low $2.5B), and average EPS is $5.94 (high $6.06, low $5.84).

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 $4.55B by -25.21%. 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 $1.19B by -53.07%. 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%