RBC raised target for ONEOK stock from USD 90.00 to USD 96.00

Published on 10/27/2026 at 09:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 12.05 billion versus USD 8.95 billion expected. ONEOK stock was last at EUR 85.49 on October 26, 2026 before results.

Analyst view and operating figures

RBC lifted its ONEOK target from USD 90.00 to USD 96.00 on October 21, 2026.
Second-quarter revenue reached USD 12.05 billion against USD 8.95 billion expected.
ONEOK stock was last at EUR 85.49 on Tradegate on October 26, 2026.

ONEOK Inc., US30609A1097, Illustration mit AI erstellt.

ONEOK (ISIN US30609A1097) received a higher price target from RBC on October 21, 2026, with the bank moving its view from USD 90.00 to USD 96.00 while keeping a Sector Perform rating, as MarketScreener reported. The change came ahead of ONEOK's third-quarter results date.

RBC target resets expectations

The revised target sits in a broader analyst range. The same MarketScreener page lists a USD 101.10 average target from 22 analysts, while RBC's USD 96.00 view remains more cautious than that average.

ONEOK's latest reported quarter provides the operating counterpoint. For the second quarter of 2026, revenue reached USD 12.05 billion, compared with USD 8.95 billion expected, and diluted earnings per share were USD 1.53 versus a USD 1.46 consensus estimate, according to MarketBeat.

Three dates shape the story

ONEOK completed the acquisition of Brazos Midstream's Permian Midland Basin assets for USD 4.425 billion on October 6, 2026, according to MarketScreener. The company declared a quarterly dividend of USD 1.07 per share on October 14, 2026, unchanged from the previous quarter, according to ONEOK. RBC's target revision on October 21, 2026 is the latest of those three dated developments.

What follows after October 27

ONEOK scheduled its third-quarter 2026 earnings release after the market close on October 27, 2026. Management's conference call and webcast are set for October 28, 2026, at 11:00 a.m. ET, according to the company's ONEOK. Those dates put the next earnings release and management discussion within one reporting cycle.

Income and market context

ONEOK operates gathering, processing, fractionation, transportation, storage and marine export assets across the United States. Its second-quarter revenue of USD 12.05 billion was USD 3.10 billion above the cited expectation, giving investors a concrete operating benchmark as the company prepares its next report.

The last available euro quote was at EUR 85.49 on Tradegate on October 26, 2026. The primary listing is on the NYSE, where ONEOK closed at USD 95.83 on October 26, 2026.