RBC raises target for ONEOK stock from USD 90 to USD 96
Published on 10/23/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst action and coming dates
- RBC Capital raised its ONEOK target to USD 96.00 on October 21, 2026.
- Second-quarter revenue reached USD 12.05 billion against USD 8.95 billion expected.
- ONEOK stock last stood at USD 93.90 on October 22, 2026 at 4:00 p.m. EDT on the NYSE.
ONEOK Inc. (ISIN US30609A1097) is heading toward its third-quarter report after RBC Capital raised its price target from USD 90.00 to USD 96.00 on October 21, 2026. The analyst house kept a Sector Perform rating, according to Markets Insider.
The latest target is cautious
RBC's new target sits USD 6.00 above the October 22 NYSE close of USD 93.90, while its unchanged rating signals a measured view rather than a broad revaluation. The note cited ONEOK's Brazos Midland acquisition, insurance capital financing and debt paydown as factors behind the updated model, according to Markets Insider.
What does the target change mean?
The operating backdrop gives the debate a concrete base. ONEOK reported USD 12.05 billion of revenue and USD 966.00 million of net income for the second quarter of 2026, according to Yahoo Finance. MarketBeat reported quarterly revenue expectations of USD 8.95 billion, putting the reported figure USD 3.10 billion above that comparison level.
Three recent reference points
ONEOK scheduled its third-quarter earnings release for October 27, 2026, in an official release dated October 5, 2026, which also set the conference call for October 28, 2026. The company said it operates gathering, processing, transportation and storage infrastructure through an approximately 60,000-mile pipeline network, according to ONEOK.
On October 14, 2026, ONEOK declared a USD 1.07 quarterly dividend payable on November 16, 2026, as reported by MarketScreener.
Next dates for investors
The next two company events are the third-quarter earnings release on October 27, 2026 and the management conference call on October 28, 2026. Both dates were specified by ONEOK in its October 5, 2026 release.
Stock context and market value
ONEOK had a market capitalization of USD 59.2 billion as of October 22, 2026. Its 52-week range was USD 64.02 to USD 99.85, placing the latest NYSE close within a broad valuation corridor. The company belongs to the S&P 500 and operates in the Energy sector and Oil and Gas Midstream industry.
Stock price in the United States
On the NYSE, ONEOK stock last stood at USD 93.90 on October 22, 2026 at 4:00 p.m. EDT.
ONEOK stock facts
- Company: ONEOK, Inc.
- ISIN: US30609A1097
- Ticker: OKE
- Primary exchange: NYSE
- Market capitalization: USD 59.2 billion (as of October 22, 2026)
- Sector / Industry: Energy / Oil and Gas Midstream
- Index membership: S&P 500
Market context: Market report S&P 500.
