ONEOK Stock Target Price and Analyst Consensus

OKE Stock  USD 116.75  3.59  3.17%   
The current analyst and expert consensus on ONEOK is Buy with 10 hold recommendations. The current projected ONEOK target price consensus is 73.63 with 18 analyst opinions. One of the most common ways ONEOK Inc analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to ONEOK vendors, executives, and/or customers. ONEOK recommendation module provides expert sentiment on the projected ONEOK Inc target price to derive its highest and lowest estimates based on target price standard deviation of 1.5384.
Lowest Forecast
67
Highest Forecast
81.73
Target Price
73.63
The current year's Gross Profit is expected to grow to about 3.9 B. The current year's Pretax Profit Margin is expected to grow to 0.21. At present, ONEOK's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 22.9 B, whereas Retained Earnings are forecasted to decline to about 527 M.
  
It's important to approach ONEOK's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ONEOK price targets

ONEOK's stock target price is an estimate of its future price, usually made by analysts. Using ONEOK's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ONEOK's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ONEOK's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ONEOK Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ONEOK is a key component of ONEOK valuation and have some predictive power on the future returns of a ONEOK.
Hype
Prediction
LowEstimatedHigh
115.21116.75118.29
Details
Intrinsic
Valuation
LowRealHigh
105.08129.35130.89
Details
Naive
Forecast
LowNextHigh
117.78119.32120.85
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.251.441.32
Details

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When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:
Check out Macroaxis Advice on ONEOK to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Please note, the presentation of ONEOK's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ONEOK's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ONEOK's management manipulating its earnings.