Are Wall Street Analysts Predicting ONEOK Stock Will Climb or Sink?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2025
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Source: NASDAQ.COM
Company Overview: ONEOK, Inc. is a prominent midstream energy company based in Tulsa, Oklahoma, with a market cap of $57.8 billion, specializing in the gathering and transportation of natural gas and liquids. The company's stock has outperformed the broader market over the past year, gaining 39% compared to the S&P 500's 20.5%.
Financial Performance and Analyst Ratings: Following a strong Q3 earnings report with a 19.9% revenue growth, ONEOK raised its 2024 financial guidance but is expected to see a 7.5% decline in EPS for the current fiscal year. Analysts maintain a "Moderate Buy" consensus rating on the stock, with price targets suggesting potential upsides ranging from 12.7% to 35.2%.
Analyst Views on FTXN
Wall Street analysts forecast FTXN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTXN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 30.008
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Current: 30.008
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
