OKEOKEEnergy · Oil & Gas Midstream

OKE Stock Forecast: ONEOK, Inc. Price Predictions for 2026-2027

Last close, 4 Sept 2026
$95
−0.33% on the day

The 21 Wall Street analysts covering ONEOK, Inc. hold a median 12-month price target of $98 — +2.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 57 of 100 as at 3 Sept 2026 — in the upper half.

Market cap
$60.4B
Ticker Nerd rank
57 / 100
Median analyst target
$98
Analysts covering
21
Revenue$12.0B+52.8% y/y
Operating income$1.6B
Net income$967.0M
Free cash flow$1.4B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.7%
1M
+8.9%
YTD
+34.7%
1Y
+35.2%
From 52W high
−1.7%
From 52W low
+54.0%
$62
$97
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

OKE stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores ONEOK, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Sept 2026
57 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
83
Revisions
77
Growth
67
Momentum
66
Volatility
51
Accruals
49
Quality
43
Issuance
39
Size
5

Value (83): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Issuance (39): The company has been issuing shares or taking on financing, diluting existing holders.

Size (5): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

OKE stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on OKE, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$60$70$80$90$100$110Oct 25Jan 26Apr 26Jul 26OKEHigh $111Median $98Low $89

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says21 analysts
9 Buy12 Hold0 Sell
Low $89Median $98High $111

The green dot is the last close — the median target sits +2.7% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 9 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
3 Sept 2026CitigroupMaintainsBuy$97$108
2 Sept 2026JefferiesMaintainsHold$95$105
2 Sept 2026Truist SecuritiesMaintainsHold$93$104
2 Sept 2026Wells FargoMaintainsOverweight$98$106
1 Sept 2026JP MorganMaintainsNeutral$95$106
1 Sept 2026ScotiabankMaintainsSector Perform$89$95
18 Aug 2026Morgan StanleyMaintainsEqual-Weight$103$105
18 Aug 2026Morgan StanleyMaintainsEqual-Weight
29 July 2026Morgan StanleyDowngradeEqual-Weight
29 July 2026Morgan StanleyDowngradeEqual-Weight$113$103
21 July 2026RBC CapitalMaintainsSector Perform$84$90
21 July 2026RBC CapitalMaintainsSector Perform
17 July 2026JefferiesDowngradeHold$100$95
17 July 2026JefferiesDowngradeHold
16 July 2026TD CowenMaintainsHold$85$90
16 July 2026TD CowenMaintainsHold
8 July 2026BarclaysMaintainsEqual-Weight
8 May 2026JP MorganMaintainsNeutral
7 May 2026CitigroupMaintainsBuy
4 May 2026Truist SecuritiesMaintainsHold

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. OKE appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

OKE vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Sept 2026, ONEOK, Inc. returned +35.2% against +20.0% for the S&P 500, dividends included.

OKE vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Oct 25Jan 26Apr 26Jul 26OKES&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

OKE analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+1.5%
Analysts raising
6
Analysts cutting
4
Fundamentals

ONEOK, Inc. (OKE) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
16.5×

Cheaper than 44% of US stocks

Price / sales
1.5×

Cheaper than 60% of US stocks

Price / book
2.6×

Cheaper than 38% of US stocks

EV / EBITDA
12.2×

Cheaper than 31% of US stocks

Growth & margins
Revenue growth (YoY)
52.8%

Higher than 87% of US stocks

Earnings growth (YoY)
14.9%

Higher than 53% of US stocks

Gross margin
20.1%

Higher than 21% of US stocks

Operating margin
13.3%

Higher than 70% of US stocks

Net margin
9.3%

Higher than 68% of US stocks

Returns & dividend
Return on equity
16.3%

Higher than 76% of US stocks

Return on assets
5.8%

Higher than 80% of US stocks

Dividend yield
4.5%

Higher than 81% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

ONEOK, Inc. (OKE) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • ONEOK, Inc. has a market value of $60.4B and an enterprise value of $93.4B.

  • Revenue in the twelve months to 30 June 2026: $39.4B. The latest quarter grew 52.8% year on year.

  • Net income over the same four quarters: $3.7B, a 9.3% net margin.

  • Diluted earnings per share, trailing twelve months: $5.80.

  • Free cash flow in the twelve months to 30 June 2026: $2.9B, after $3.3B of capital spending.

  • ONEOK, Inc. spent $2.6B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 630.4M.

  • Trailing P/E: 16.5×; forward P/E: 15.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 4.51%, paying out 73% of earnings.

  • ONEOK, Inc. employs 6,326 people $6.2M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 4 Sept 2026

Data provided by Twelve Data

Peers

OKE vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Midstream
CompanyMarket capTKN rank
OKEONEOK, Inc.$60.4B
57
LNGCheniere Energy, Inc.$60.1B
85
TRPTC Energy Corp.$62.9B
51
TRGPTarga Resources Corp.$63.1B
49
KMIKinder Morgan, Inc.$70.3B
76
WMBThe Williams Cos., Inc.$90.6B
43
VGVenture Global, Inc.$35.6B
46

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own ONEOK, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest OKE news & analysis

Why Is Oneok (OKE) Up 9.2% Since Last Earnings Report?

Zacks Investment Research · 2 Sept 2026neutral

Oneok (OKE) reported earnings 30 days ago, and the article examines what might be next for the stock, noting it has risen 9.2% since that report.

Why it matters — A Oneok watcher would care because the article evaluates the company's recent performance following its latest earnings release and considers potential future developments.

Midstream Scales Up Natural Gas Infrastructure

ETF Trends · 1 Sept 2026positive

The article reports that midstream MLPs and corporations broadly raised their full-year financial guidance after strong second-quarter results, with the sector's growth runway accelerating. This reflects a scaling up of natural gas infrastructure activity across midstream companies.

Why it matters — As a midstream corporation in the natural gas infrastructure space, ONEOK could be among the companies benefiting from or participating in the sector's raised guidance and accelerating growth trajectory.

OKE Plans to Expand Permian Presence With Brazos Midland Acquisition

Zacks Investment Research · 31 Aug 2026positive

ONEOK announced a $4.425 billion acquisition of Brazos Midland, a deal that more than doubles its Midland Basin processing capacity and expands its Permian Basin footprint.

Why it matters — The acquisition significantly expands ONEOK's processing capacity and Permian Basin presence, a key growth area for the company.

Here's Why Oneok Inc. (OKE) is a Strong Momentum Stock

Zacks Investment Research · 31 Aug 2026positive

Zacks Investment Research highlighted Oneok Inc. (OKE) as a strong momentum stock, using its Style Scores system to identify top-rated stocks based on investing style.

Why it matters — OKE watchers may find this relevant because being labeled a strong momentum stock by Zacks could influence investor perception and interest in the company.

ONEOK Bets $4.4B on Brazos as Apollo Injects $9B for Permian Growth

MarketBeat · 31 Aug 2026positive

ONEOK agreed to acquire Brazos Midstream's natural gas gathering and processing assets in the Permian Basin's Midland Basin for $4.425 billion, alongside a $9 billion minority equity investment from funds and affiliates managed by Apollo.

Why it matters — An OKE watcher would care because this deal significantly expands ONEOK's Permian Basin midstream footprint and brings a large minority equity investment from Apollo.

FAQ

Frequently asked questions about OKE stock

What is the OKE stock price forecast for 2026-2027?

The 21 Wall Street analysts covering ONEOK, Inc. have a median 12-month price target of $98, with estimates ranging from $89 to $111. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is OKE stock a buy right now?

Of the 21 analysts covering ONEOK, Inc., 9 rate it a Buy, 12 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks ONEOK, Inc. 57 out of 100 across roughly 4,600 US stocks as at 3 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank OKE?

As at 3 Sept 2026, ONEOK, Inc. ranks 57 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (83 of 100).

Will OKE stock go up?

No one can know that. What the data says: the median 12-month target from 21 analysts implies +2.7% from the last close, and Ticker Nerd's factor model ranks ONEOK, Inc. 57 out of 100 as at 3 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the OKE stock forecast for 2030?

No analyst covering ONEOK, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for OKE are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $89 to $111 over the next 12 months.

How has OKE stock performed over the past year?

ONEOK, Inc. returned +35.2% over the 12 months to 4 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does ONEOK, Inc. do?

ONEOK, Inc. is a midstream energy infrastructure company that provides gathering, processing, fractionation, transportation, storage, and marine export services across the United States.

What is the latest news on OKE?

The most recent item we track (Zacks Investment Research, 2 Sept 2026): "Why Is Oneok (OKE) Up 9.2% Since Last Earnings Report?". Oneok (OKE) reported earnings 30 days ago, and the article examines what might be next for the stock, noting it has risen 9.2% since that report.

Company

About ONEOK, Inc.

ONEOK, Inc. is a midstream energy infrastructure company that provides gathering, processing, fractionation, transportation, storage, and marine export services across the United States. The company operates an integrated network that moves natural gas, natural gas liquids, refined products, and crude oil from producing regions to industrial users, utilities, refineries, petrochemical companies, and export markets. Its business is organized around natural gas gathering and processing, natural gas liquids, natural gas pipelines, and refined products and crude, giving it exposure to multiple parts of the energy value chain. ONEOK’s assets support the flow of essential energy commodities between supply basins and major market centers, making it a key logistics provider in the midstream sector. Headquartered in Tulsa, Oklahoma, ONEOK focuses on infrastructure that links production, storage, and delivery through long-haul pipelines, processing facilities, fractionation plants, and terminal assets.

CEO Mr. Pierce H. Norton II · 6,326 employees · United States · https://www.oneok.com