57/100BOneok stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Oneok is 100.67, 12.2% above the current price of 89.69. Their targets range from 88.00 to 112.00.
Of the 12 firms that rated Oneok in the past 12 months, 4 rate it buy or strong buy, 8 hold and 0 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 88.00 to 112.00, with an average of 100.67.
| Buy | 4 | |
| Hold | 8 | |
| Sell | 0 |
12-month price target
| Highest target | 112.00 |
| Average target | 100.67 |
| Lowest target | 88.00 |
| Current price | 89.69 |
Oneok price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Oneok price target and rating?
How analysts rate Oneok, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
4 of 12 firms rate it buy now, against 6 of 11 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Oneok analyst upgrades, downgrades and price targets
The latest rating change came on 29 July 2026, when Morgan Stanley downgraded Oneok from Overweight to Equal Weight. Its price target is 103.00, from 104.00. The most recent new target came from Argus Research on 4 November 2026: 108.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 4 Nov 2026 | Argus Research Bill Selesky | — | 108.00 | — | 88.60 |
| 29 Oct 2026 | Jefferies Julien Dumoulin-Smith | — | 94.00 → 97.00 | +3.2% | 94.54 |
| 21 Oct 2026 | RBC Capital Elvira Scotto | Reiterated · Sector Perform | 90.00 → 96.00 | +6.7% | 93.10 |
| 20 Oct 2026 | Raymond James | — | 92.00 → 98.00 | +6.5% | 93.08 |
| 15 Oct 2026 | Scotiabank | — | 95.00 → 96.00 | +1.1% | 91.07 |
| 13 Oct 2026 | Jefferies Julien Dumoulin-Smith | — | 95.00 → 94.00 | -1.1% | 92.02 |
| 9 Oct 2026 | Stifel Nicolaus Robert Hodges | — | 94.00 → 100.00 | +6.4% | 90.29 |
| 22 Sept 2026 | Capital One Financial | — | 110.00 | — | 91.61 |
| 11 Sept 2026 | UBS | — | 105.00 → 93.00 | -11.4% | 95.72 |
| 9 Sept 2026 | Morgan Stanley Robert Kad | Reiterated · Equal Weight | 105.00 → 112.00 | +6.7% | 97.42 |
| 2 Sept 2026 | Truist Financial Gabe Daoud | Reiterated · Hold | 93.00 → 104.00 | +11.8% | 94.89 |
| 2 Sept 2026 | UBS | — | 108.00 → 105.00 | -2.8% | 95.69 |
| 2 Sept 2026 | Wells Fargo Praneeth Satish | Reiterated · Overweight | 82.00 → 106.00 | +29.3% | 95.69 |
| 1 Sept 2026 | Scotiabank Holly Stewart | Reiterated · Sector Perform | 89.00 → 95.00 | +6.7% | 96.01 |
| 31 Aug 2026 | UBS Manav Gupta | — | 103.00 → 108.00 | +4.9% | 94.76 |
| 18 Aug 2026 | Morgan Stanley | Reiterated · Equal Weight | 103.00 → 105.00 | +1.9% | 96.79 |
| 29 Jul 2026 | Morgan Stanley | Downgraded · Overweight → Equal Weight | 104.00 → 103.00 | -1.0% | 88.80 |
| 21 Jul 2026 | RBC Capital | Reiterated · Sector Perform | 90.00 | — | 93.56 |
| 17 Jul 2026 | Jefferies | Downgraded · Buy → Hold | 80.00 → 95.00 | +18.8% | 93.00 |
| 8 Jul 2026 | Barclays | Reiterated · Equal Weight | 90.00 → 88.00 | -2.2% | 90.67 |
| 4 May 2026 | Truist Financial Gabe Daoud | Reiterated · Hold | 93.00 | — | 90.20 |
| 30 Apr 2026 | Raymond James | — | 82.00 → 92.00 | +12.2% | 90.47 |
| 30 Apr 2026 | Scotiabank | Downgraded · Sector Outperform → Sector Perform | 91.00 → 89.00 | -2.2% | 89.32 |
| 30 Apr 2026 | Barclays | Reiterated · Equal Weight | 82.00 → 90.00 | +9.8% | 89.32 |
| 25 Mar 2026 | Wells Fargo | Upgraded · Equal Weight → Overweight | — | — | — |
| 20 Mar 2026 | Jefferies | Upgraded · Hold → Buy | — | — | — |
| 5 Mar 2026 | Barclays Theresa Chan | — | 76.00 → 82.00 | +7.9% | 85.60 |
| 23 Feb 2026 | Mizuho Securities | — | 82.00 → 89.00 | +8.5% | 87.33 |
| 28 Jan 2026 | Morgan Stanley Robert Kad | — | 110.00 → 104.00 | -5.5% | 79.47 |
| 27 Jan 2026 | JP Morgan | Downgraded · Overweight → Neutral | — | — | — |
| 22 Jan 2026 | UBS | Reiterated · Buy | 103.00 | — | 75.59 |
| 20 Jan 2026 | Jefferies | — | 80.00 | — | 74.27 |
| 16 Jan 2026 | Scotiabank | — | 92.00 → 91.00 | -1.1% | 73.61 |
| 15 Jan 2026 | Barclays | Reiterated · Equal Weight | 78.00 → 76.00 | -2.6% | 75.85 |
Oneok EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Oneok's EPS to grow 8.1% a year until 2028, slower than over the last 5 years (30.7% a year) and the last 3 years (12.2%).
Analysts expect Oneok's revenue to grow 9.9% a year until 2028, slower than over the last 5 years (31.8% a year) and the last 3 years (14.5%).
Revenue
EPS
Does Oneok beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 8.8% off the result, either way, and their revenue estimate 13.8%, over the last 12 quarters.
- EPS beats
- 73 / 127
- Revenue beats
- 70 / 119
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +3.2%
- Since
- March 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 27 Oct 2026 | 1.50 | 2.13 | +42.0% | 10.54B | 12.46B | +18.2% |
| Q2 FY2026 | 3 Aug 2026 | 1.46 | 1.53 | +4.8% | 8.95B | 12.05B | +34.6% |
| Q1 FY2026 | 28 Apr 2026 | 1.30 | 1.23 | -5.4% | 8.23B | 9.62B | +16.8% |
| Q4 FY2025 | 23 Feb 2026 | 1.50 | 1.55 | +3.3% | 8.75B | 9.07B | +3.6% |
| Q3 FY2025 | 28 Oct 2025 | 1.44 | 1.49 | +3.5% | 8.78B | 8.63B | -1.7% |
| Q2 FY2025 | 4 Aug 2025 | 1.33 | 1.34 | +0.8% | 7.69B | 7.89B | +2.6% |
| Q1 FY2025 | 29 Apr 2025 | 1.24 | 1.04 | -16.1% | 6.57B | 8.04B | +22.4% |
| Q4 FY2024 | 24 Feb 2025 | 1.46 | 1.57 | +7.5% | 6.18B | 7.00B | +13.2% |
| Q3 FY2024 | 29 Oct 2024 | 1.23 | 1.18 | -4.1% | 5.58B | 5.02B | -10.0% |
| Q2 FY2024 | 5 Aug 2024 | 1.21 | 1.33 | +9.9% | 5.60B | 4.89B | -12.7% |
| Q1 FY2024 | 30 Apr 2024 | 1.16 | 1.09 | -6.0% | 5.65B | 4.78B | -15.4% |
| Q4 FY2023 | 26 Feb 2024 | 1.20 | 1.18 | -1.7% | 6.04B | 5.18B | -14.2% |
Oneok stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Oneok's earnings keep growing at the 8.1% a year analysts expect to FY2028, it would earn about 8.00 a share in FY2030. At the P/E it has traded at over the last five years (12.8 to 19.3) that is 102.34 to 154.78 a share, or 125.52 at its average P/E of 15.7. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 6.31 | 80.71 | 98.99 | 122.07 |
| FY2027 | 6.14 | 78.54 | 96.34 | 118.79 |
| FY2028 | 6.85 | 87.57 | 107.42 | 132.45 |
| FY2029 (extrapolated) | 7.40 | 94.67 | 116.12 | 143.18 |
| FY2030 (extrapolated) | 8.00 | 102.34 | 125.52 | 154.78 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 8.1% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (12.8, 15.7, 19.3).
Is Oneok stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Oneok's P/E of 13.9 is below the middle of its 5-year range (10.7 to 24.5, median 16.3). Analysts expect slower growth than in recent years, so the low P/E may be deserved. Buyers pay more for each point of growth than usual: a PEG of 1.7 on expected growth against 0.5 on its median P/E and past five years' growth. At its usual P/E (16.0 × EPS of 6.45), Oneok's fair value is 103.48; the price, 89.69, is 13.3% below it. Its forward P/E, on the consensus for FY2026, is 14.2.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (10.7 and 24.5). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 13.91
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 16.27
- Five-year P/E range
- 10.7 – 24.5
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 14.21
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.72
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +12.2%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.