Jefferies cuts target for ONE Gas stock to USD 80

Published on 10/08/2026 at 18:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ONE Gas stock stood at EUR 64.25 on October 8, 2026 after EUR 64.75. Q2 EPS reached USD 0.82 versus USD 0.63 consensus.

Key points in brief

Jefferies cut its ONE Gas price target from USD 103 to USD 80 and downgraded the stock to Hold on October 7, 2026.
ONE Gas reported quarterly EPS of USD 0.82 against USD 0.63 consensus for the second quarter of 2026.
The Lang & Schwarz quote was EUR 64.25 on October 8, 2026, down 0.77 percent from EUR 64.75.
ONE Gas is scheduled to release third-quarter 2026 results on November 2, 2026, with a conference call on November 3.

OGS, US68235P1084, Illustration mit AI erstellt.

ONE Gas (ISIN US68235P1084) stood at EUR 64.25 in after-hours trading at Lang & Schwarz on October 8, 2026, down 0.77 percent from the EUR 64.75 prior close. Markets Insider reported on October 7, 2026 that Jefferies downgraded ONE Gas from Buy to Hold and cut its price target from USD 103 to USD 80.

Three dated signals for OGS

On August 4, 2026, MarketBeat reported quarterly earnings per share of USD 0.82 against USD 0.63 consensus, while revenue reached USD 411.64 million versus USD 410.29 million expected. On October 1, 2026, the same MarketBeat report said Scotiabank maintained Sector Outperform with a USD 86 target and forecast USD 4.88 earnings per share for fiscal 2026. On October 7, 2026, Markets Insider reported the Jefferies downgrade and the USD 23 target reduction.

What does the downgrade change?

The Jefferies target fell 22.33 percent from USD 103 to USD 80, while the rating moved from Buy to Hold. The firm cited higher-for-longer interest rates, muted fiscal 2027 earnings expectations and uncertainty in Texas, and reduced its fiscal 2027 through fiscal 2030 earnings estimates by 2 percent to 3 percent, according to Markets Insider.

Results dates are already set

StockTitan reported on September 29, 2026 that ONE Gas will release third-quarter 2026 results after the market closes on November 2, 2026. Management is scheduled to hold the related conference call on November 3, 2026, at 11:00 a.m. Eastern Time.

After-hours quote stays below USD high

ONE Gas has a USD 4.5 billion market capitalization as of October 8, 2026. Its primary listing is on the NYSE, and the 52-week range is USD 70.37 to USD 90.78, placing the primary-exchange quote context near the lower end of that range. The euro reference price was EUR 64.25 at Lang & Schwarz on October 8, 2026 at 6:41 p.m. CEST, versus the EUR 64.75 prior close dated October 7, 2026, for a minus 0.77 percent change. The further course of trading is shown by the continuously updated real-time quote of ONE Gas stock.