Wall Street Analysts Think Oneok (OKE) Could Surge 28.58%: Read This Before Placing a Bet

Group 1 - Oneok Inc. (OKE) closed at $80.38, with a 0.7% gain over the past four weeks, and a mean price target of $103.35 suggests a 28.6% upside potential [1] - The mean estimate consists of 17 short-term price targets with a standard deviation of $15.23, indicating variability among analysts; the lowest estimate is $87.00 (8.2% increase), while the highest is $147.00 (82.9% increase) [2] - Analysts show increasing optimism about OKE's earnings prospects, with a strong agreement in revising EPS estimates higher, which correlates with potential stock price movements [11] Group 2 - The Zacks Consensus Estimate for the current year has increased by 3.3% over the past month, with two estimates rising and one falling [12] - OKE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating potential upside [13] - While the consensus price target may not be a reliable indicator of the extent of gains, it does provide a directional guide for price movement [14]