ONEOK, Inc. (OKE) earnings on April 28, 2026
Prior outlook: Pessimistic Outcome: Partial
The stock jumped early in the session but gave up those gains and finished lower, matching what analysts were expecting.
OKE price around the earnings
89.35
Change: -0.6%
2026-04-29, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Partial
- Thesis published
Weak momentum, analysts see modest upside.
Despite some analyst upgrades, the stock's price movement and strength have been weak, with analysts forecasting only modest gains.
Context analyzed before publication
- Summary
- Weak momentum, analysts point to a modestly optimistic scenario.
- Reasoning
- Despite some analyst upgrades, the stock's price movement and strength have been weak, with analysts pointing to only a modestly optimistic scenario.
- Playbook
- Analysts point to a modestly optimistic scenario, and the stock's recent performance is weak, suggesting the scenario warrants monitoring.
- Trend
- Negative trend worsening over past three sessions.
Analysts
Drivers
-
Analysts
Positive
Analysts generally recommend buying the stock and have raised their price targets, indicating optimistic expectations from financial professionals.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2
- Analysts covering the stock
- 21
- Average price target
- 93.43
- Lowest price target
- 80
- Highest price target
- 113
- Upside to price target
- 10.3%
- Quarterly earnings growth
- 5.8%
- Revenue growth
- 29.5%
- Forward EPS
- 6.16
- Trailing EPS
- 5.42
- Analyst moves in the last 60 days
- 10
- Strong buy: 3
- Buy: 10
- Hold: 10
- Sell: 0
- Strong sell: 0
- Strong buy
- 3
- Buy
- 10
- Hold
- 10
- Sell
- 0
- Strong sell
- 0
- April 13, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
- April 8, 2026 · Jefferies: Maintains rating (Buy → Buy)
- April 7, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- March 25, 2026 · Wells Fargo: Upgrades rating (Equal-Weight → Overweight)
- March 24, 2026 · Truist Securities: Initiates coverage (Hold → Hold)
- March 20, 2026 · Jefferies: Upgrades rating (Hold → Buy)
- March 19, 2026 · RBC Capital: Maintains rating (Sector Perform → Sector Perform)
- March 13, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
- March 6, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- March 3, 2026 · Freedom Broker: Initiates coverage (Buy)
News and sentiment
Drivers
-
News & sentiment
Neutral
While analysts are upgrading the stock, sentiment among retail investors on social media platforms is negative.
Evidence
Sentiment
- Sentiment
- Cautious
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (5)
- Scotiabank Maintains Sector Outperform on ONEOK, Raises Price Target to $92 — Benzinga
- Jefferies Maintains Buy on ONEOK, Raises Price Target to $100 — Benzinga
- Morgan Stanley Maintains Overweight on ONEOK, Raises Price Target to $113 — Benzinga
- Wells Fargo Upgrades ONEOK to Overweight, Raises Price Target to $100 — Benzinga
- Truist Securities Initiates Coverage On ONEOK with Hold Rating, Announces Price Target of $91 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has experienced downward price movement recently and has underperformed the broader market over the last month.
Evidence
- Average true range (ATR)
- 2.7%
- Distance to 52-week high
- -11.1%
- 14-day change (14d)
- -3.1%
- 30-day change
- -0.0%
- 30-day relative strength
- -3.8%
- Benchmark change
- +3.8%
- Nearest support
- 81.29
- Nearest resistance
- 95.3
- Volume accumulation ratio
- 0.99
Trends
Evidence
- Average earnings surprise
- -1.8%
- February 23, 2026: actual EPS 1.55 vs estimate 1.49 (surprise +3.8%)
- October 28, 2025: actual EPS 1.49 vs estimate 1.44 (surprise +3.3%)
- August 4, 2025: actual EPS 1.34 vs estimate 1.33 (surprise +1.1%)
- April 29, 2025: actual EPS 1.04 vs estimate 1.23 (surprise -15.3%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 2.4%
- 75th percentile move
- 3.7%
- 90th percentile move
- 5.2%
- Up / down moves
- 7 / 12
- Average up move
- +2.2%
- Average down move
- -2.9%
Monitoring and close
What ONEOK, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Partial
- Consolidated
- -0.6%
- Max favorable move (MFE)
- 1.7%
- Max adverse move (MAE)
- 1.4%