Diamondback Energy (FANG) Stock Forecast & Price Target

$154.94 +1.88 (+1.23%)

(As of 12/20/2024 05:45 PM ET)

Diamondback Energy - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 24 Analyst Ratings

Sell
1

Hold
4

Buy
19

Based on 24 Wall Street analysts who have issued ratings for Diamondback Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 24 analysts, 1 has given a sell rating, 4 have given a hold rating, 17 have given a buy rating, and 2 have given a strong buy rating for FANG.

Consensus Price Target

$210.70
35.99% Upside

According to the 24 analysts' twelve-month price targets for Diamondback Energy, the average price target is $210.70. The highest price target for FANG is $237.00, while the lowest price target for FANG is $129.00. The average price target represents a forecasted upside of 35.99% from the current price of $154.94.

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FANG Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	17 Buy rating(s)	17 Buy rating(s)	14 Buy rating(s)	14 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$210.70	$212.00	$209.71	$182.69
Forecasted Upside	35.99% Upside	14.42% Upside	13.21% Upside	16.82% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

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FANG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FANG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Diamondback Energy Stock vs. The Competition

Type	Diamondback Energy	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.83	2.63	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	35.99% Upside	1,671.87% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent FANG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/17/2024	Piper Sandler 2 of 5 stars		Lower Target	Overweight ➝ Overweight	$252.00 ➝ $232.00	+47.87%
12/17/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$218.00 ➝ $219.00	+40.38%
12/16/2024	Mizuho 3 of 5 stars		Lower Target	Outperform ➝ Outperform	$219.00 ➝ $207.00	+26.73%
12/9/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$235.00 ➝ $212.00	+26.85%
12/2/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$227.00	+27.82%
11/19/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$232.00 ➝ $237.00	+30.29%
Get the Latest News and Ratings for FANG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Diamondback Energy and its competitors with MarketBeat's FREE daily newsletter.
11/6/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$210.00 ➝ $210.00	+16.09%
10/29/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$195.00 ➝ $195.00	+8.96%
10/18/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$237.00 ➝ $233.00	+26.66%
10/16/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$220.00 ➝ $230.00	+26.49%
10/16/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$225.00 ➝ $216.00	+20.15%
10/14/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Gruber Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$195.00	+0.66%
10/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$245.00 ➝ $225.00	+15.07%
10/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Jungwirth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$205.00 ➝ $215.00	+14.18%
10/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight ➝ Overweight	$167.00 ➝ $182.00	+2.52%
10/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Jiang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$216.00 ➝ $210.00	+18.30%
9/30/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$235.00 ➝ $209.00	+22.24%
9/24/2024	Johnson Rice Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Meade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Moderate Buy
9/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$185.00 ➝ $198.00	+14.72%
9/16/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold ➝ Hold	$185.00	+8.01%
7/23/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$201.00 ➝ $215.00	+7.61%
7/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
7/17/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$243.00 ➝ $236.00	+11.90%
4/23/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$224.00 ➝ $229.00	+12.37%
1/18/2024	Bank Of America (Bofa) Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underperform ➝ Underperform	$147.00 ➝ $129.00	-13.93%
2/22/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:06 PM ET.

Should I Buy Diamondback Energy Stock? FANG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 13, 2024. Please send any questions or comments about these Diamondback Energy pros and cons to contact@marketbeat.com.

Diamondback Energy
Bull Case

Here are some ways that investors could benefit from investing in Diamondback Energy, Inc.:

Recent significant increase in institutional investment, with Kovitz Investment Group Partners LLC raising its position by 74.9%, indicating strong confidence in the company's future performance.
Current stock price of $163.90, which reflects a solid market position and potential for growth, especially considering the company's market cap of approximately $47.86 billion.
Strong revenue performance with $2.65 billion reported in the latest quarter, surpassing analyst expectations, which suggests robust operational efficiency and demand for its products.
Healthy financial ratios, including a low debt-to-equity ratio of 0.31, indicating a manageable level of debt relative to equity, which can be attractive to risk-averse investors.
High net margin of 33.64%, showcasing the company's ability to convert revenue into profit effectively, which is a positive indicator of financial health.

Diamondback Energy
Bear Case

Investors should be bearish about investing in Diamondback Energy, Inc. for these reasons:

Recent earnings report showed a miss on EPS estimates, with actual earnings of $3.38 compared to the expected $4.62, which may raise concerns about the company's profitability trajectory.
Stock price volatility, as evidenced by a recent drop of $5.85 in a single trading session, which could indicate instability and risk for investors looking for steady returns.
Current ratio of 0.45 and quick ratio of 0.42 suggest potential liquidity issues, meaning the company may struggle to meet short-term obligations, which can be a red flag for investors.
Year-over-year earnings per share decreased from $5.49 to $3.38, indicating a decline in profitability, which could deter potential investors.
Market conditions for oil and natural gas can be unpredictable, and any downturn in commodity prices could adversely affect Diamondback Energy's revenue and stock performance.

FANG Forecast - Frequently Asked Questions

: According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for Diamondback Energy is $210.70, with a high forecast of $237.00 and a low forecast of $129.00.
: 24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last year. There is currently 1 sell rating, 4 hold ratings, 17 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FANG shares.
: According to analysts, Diamondback Energy's stock has a predicted upside of 35.99% based on their 12-month stock forecasts.
: Over the previous 90 days, Diamondback Energy's stock had 3 upgrades and 1 downgrade by analysts.
: Diamondback Energy has been rated by research analysts at Barclays, Benchmark, BMO Capital Markets, Citigroup, Evercore ISI, Johnson Rice, JPMorgan Chase & Co., KeyCorp, Mizuho, Piper Sandler, Raymond James, Royal Bank of Canada, Scotiabank, Susquehanna, The Goldman Sachs Group, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Diamondback Energy more than other "oils/energy" companies. The consensus rating score for Diamondback Energy is 2.83 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how FANG compares to other companies.

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This page (NASDAQ:FANG) was last updated on 12/22/2024 by MarketBeat.com Staff

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Diamondback Energy (FANG) Stock Forecast & Price Target