TD Cowen raises ONEOK stock target to USD 95 ahead of results
Published on 10/21/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCatalyst results and calendar
- TD Cowen raised its ONEOK target to USD 95.00 on October 16, 2026.
- Second-quarter revenue reached USD 12.05 billion versus USD 8.95 billion expected.
- ONEOK will hold its third-quarter earnings call on October 28, 2026.
ONEOK Inc. (ISIN US30609A1097) received a higher USD 95.00 price target from TD Cowen on October 16, 2026, up from USD 93.00, as Markets Insider reported. The update arrives before ONEOK's scheduled third-quarter report and puts the latest analyst target above the most recent NYSE quote.
Revenue sets the earnings bar
ONEOK generated USD 12.05 billion in revenue and USD 967.00 million in net income in the second quarter of 2026, according to MarketBeat. Revenue exceeded the USD 8.95 billion consensus figure, while diluted earnings per share reached USD 1.53 against USD 1.46 expected. The comparison gives the October report a clear benchmark.
What does the target imply?
TD Cowen's USD 95.00 target is USD 2.15 above ONEOK's last quoted NYSE price of USD 92.85 on October 20, 2026 at 4:00 p.m. EDT, a 2.32 percent premium. That gap is narrower than the 52-week span of USD 64.02 to USD 99.85, which places the target below the recent high.
Three dated signals for ONEOK
On October 5, 2026, ONEOK scheduled its third-quarter earnings release for October 27 and its conference call for October 28. On October 14, 2026, the company declared a quarterly dividend of USD 1.07 per share, payable November 16, according to MarketBeat. On October 16, 2026, TD Cowen lifted its target from USD 93.00 to USD 95.00, as Markets Insider reported.
When are the next milestones?
ONEOK is due to release third-quarter 2026 earnings after the market closes on October 27, 2026. The company will discuss the figures during its webcast on October 28, 2026, at 11:00 a.m. ET, according to ONEOK. For investors, the key test is whether the second-quarter revenue beat can be followed by another result above expectations.
NYSE quote and market value
ONEOK's last quoted NYSE price was USD 92.85 on October 20, 2026 at 4:00 p.m. EDT. Its market capitalization was USD 58.5 billion on the same date, while the 52-week range was USD 64.02 to USD 99.85. The company operates natural gas liquids, refined products and crude, natural gas gathering and processing, and natural gas pipeline businesses.
ONEOK stock facts
- Company: ONEOK, Inc.
- ISIN: US30609A1097
- Ticker: OKE
- Primary exchange: NYSE
- Market capitalization: USD 58.5 billion (as of October 20, 2026)
- 52-week range: USD 64.02-99.85 (as of October 20, 2026)
- Sector / Industry: Energy infrastructure
- Index membership: S&P 500
Market context: Market report S&P 500.
