Shared on 07 Dec 25

Fair value Decreased 0.59%

OKE: Future Cash Returns Will Drive Multiple Stabilization And Share Price Upside

Analysts have trimmed their consolidated price target on ONEOK by a few dollars per share, reflecting slightly lower fair value assumptions amid caution around near term multiple compression and the need to see clearer synergy capture and cash return discipline before re rating the stock higher. Analyst Commentary Recent Street research reflects a more nuanced stance on ONEOK, with updated price targets incorporating both the benefits of recent acquisitions and the risks around execution, capital allocation, and valuation normalization versus peers.

Shared on 23 Nov 25

Fair value Decreased 0.059%

OKE: Upcoming Cash Returns And Fed Policy Changes Will Drive Share Price Momentum

The average analyst price target for ONEOK has been reduced modestly. Analysts cite updated assessments of sector growth, evolving company multiples, and a renewed investor preference for cash returns as key factors behind their revisions.

Shared on 09 Nov 25

Fair value Decreased 1.62%

OKE: Upcoming Buybacks And Larger Asset Base Will Support Share Price Momentum

ONEOK's average analyst price target has been reduced. Most recent estimates have moved lower by several dollars per share, as analysts cite concerns about slowing revenue growth, shifting investor priorities toward return of cash, and the evolving impact of recent acquisitions on earnings multiples.

Shared on 26 Oct 25

Fair value Decreased 2.65%

ONEOK's fair value estimate has been lowered by analysts from $93.32 to $90.84 per share. This change reflects recent price target reductions, which are driven by a cautious outlook on synergy realization, evolving growth expectations, and continued macroeconomic uncertainty.

Shared on 12 Oct 25

Fair value Decreased 1.72%

ONEOK's analyst price target has been lowered by approximately $1.63 to $93.32. Analysts cite recent sector-wide price target revisions, along with a focus on synergy execution, multiple stabilization, and commodity market headwinds as key factors behind the update.

Shared on 28 Sep 25

Fair value Decreased 1.21%

ONEOK’s consensus price target was modestly reduced as analysts cite near-term commodity price pressure and a diminished long-term growth outlook due to sector-wide infrastructure limits, partially offsetting positive integration efforts and resulting in a modest downward fair value revision to $94.94. Analyst Commentary Bullish analysts expect investor focus to shift from growth to return of cash, emphasizing capital discipline, dividends, and buybacks as key valuation drivers.

Shared on 31 Aug 25

Fair value Decreased 1.76%

ONEOK’s consensus price target was modestly reduced to $96.44 as analysts weighed ongoing commodity price and macroeconomic headwinds, limited near-term NGL growth opportunities, and sector uncertainty against strong execution, synergy benefits, and robust EBITDA, resulting in a slight downward revision of fair value. Analyst Commentary Analyst price target reductions reflect ongoing commodity price headwinds and macroeconomic volatility, particularly concerns about lower hydrocarbon prices into 2026.

Shared on 07 May 25

Fair value Decreased 6.97%

Shared on 30 Apr 25

Fair value Decreased 6.62%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Decreased 6.55%

AnalystConsensusTarget has increased shares outstanding growth rate from 0.0% to 0.0%.

Shared on 16 Apr 25

Fair value Decreased 1.79%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 0.049%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 10%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 1.58%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 0.24%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 10 Mar 25

Fair value Increased 6.18%

AnalystConsensusTarget has decreased revenue growth from 16.7% to 14.3%.

Synergy Progress and Market Volatility Will Shape Midstream Expansion Ahead

OKE: Future Cash Returns Will Drive Multiple Stabilization And Share Price Upside

OKE: Upcoming Cash Returns And Fed Policy Changes Will Drive Share Price Momentum

OKE: Upcoming Buybacks And Larger Asset Base Will Support Share Price Momentum

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