ONEOK, Inc. (OKE)
NYSE: OKE · IEX Real-Time Price · USD
82.33
+0.61 (0.75%)
Jul 2, 2024, 4:00 PM EDT - Market closed
ONEOK Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for ONEOK stock have an average target of 83.85, with a low estimate of 76 and a high estimate of 93. The average target predicts an increase of 1.85% from the current stock price of 82.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ONEOK stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 5 | 5 | 6 | 6 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 15 | 15 | 16 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $89 → $92 | Buy | Maintains | $89 → $92 | +11.75% | Jun 26, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $90 → $93 | Hold | Maintains | $90 → $93 | +12.96% | Jun 10, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $88 → $89 | Buy | Maintains | $88 → $89 | +8.10% | May 3, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $81 → $85 | Buy | Maintains | $81 → $85 | +3.24% | May 2, 2024 |
| Stifel | Stifel | Strong Buy Maintains $81 → $88 | Strong Buy | Maintains | $81 → $88 | +6.89% | Apr 16, 2024 |
Financial Forecast
Revenue This Year
23.09B
from 17.68B
Increased by 30.63%
Revenue Next Year
24.53B
from 23.09B
Increased by 6.23%
EPS This Year
5.04
from 5.48
Decreased by -8.02%
EPS Next Year
5.67
from 5.04
Increased by 12.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.5B | 28.2B | 29.4B | 23.4B | 24.4B |
| Avg | 23.1B | 24.5B | 26.2B | 22.5B | 23.5B |
| Low | 20.3B | 21.7B | 22.7B | 21.8B | 22.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 50.2% | 22.1% | 19.8% | -10.9% | 8.6% |
| Avg | 30.6% | 6.2% | 6.9% | -14.3% | 4.4% |
| Low | 14.6% | -5.8% | -7.4% | -16.9% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.38 | 6.43 | 7.04 | 7.56 | 7.97 |
| Avg | 5.04 | 5.67 | 6.09 | 6.09 | 6.90 |
| Low | 4.75 | 5.27 | 5.62 | 5.02 | 5.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.9% | 27.5% | 24.0% | 24.1% | 30.8% |
| Avg | -8.0% | 12.5% | 7.4% | -0.0% | 13.3% |
| Low | -13.3% | 4.6% | -1.0% | -17.7% | -2.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.