ONEOK Receives 'Moderate Buy' Rating from Analysts

Eighteen research firms cover the midstream energy company's stock, with a consensus 12-month price target of $88.94.

Mar. 29, 2026 at 8:23am

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Shares of ONEOK, Inc. (NYSE:OKE) have earned a 'Moderate Buy' consensus recommendation from the eighteen research firms currently covering the stock. Nine analysts have rated the stock as a 'hold', while nine have assigned a 'buy' rating. The average 12-month price target among the firms is $88.94.

Why it matters

ONEOK is a major midstream energy company that operates natural gas and natural gas liquids pipelines, processing facilities, and storage assets. The 'Moderate Buy' rating and price target from analysts indicate a generally positive outlook on the company's performance and growth prospects within the energy sector.

The details

Several research firms have recently updated their ratings and price targets for ONEOK. Barclays raised its price objective from $76 to $82 and maintained an 'equal weight' rating. Jefferies Financial Group upgraded the stock from 'hold' to 'buy' and boosted the target price from $85 to $98. Wells Fargo also upgraded ONEOK from 'equal weight' to 'overweight' and increased the target from $81 to $100.

  • ONEOK reported its Q4 2025 earnings on February 23, 2026.

The players

ONEOK, Inc.

A publicly traded midstream energy company headquartered in Tulsa, Oklahoma that owns and operates natural gas and natural gas liquids pipelines, processing facilities, fractionators, and storage and terminal assets.

Barclays

A multinational investment bank and financial services company that covers ONEOK stock.

Jefferies Financial Group

A diversified financial services company that covers ONEOK stock.

Wells Fargo

A major American multinational financial services company that covers ONEOK stock.

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The takeaway

The 'Moderate Buy' consensus rating and increased price targets from multiple research firms suggest analysts see continued growth potential for ONEOK as a leading midstream energy company, despite some lingering caution reflected in the 'hold' recommendations.