Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
181.46
+1.34 (0.74%)
At close: Nov 20, 2024, 4:00 PM
182.93
+1.47 (0.81%)
Pre-market: Nov 21, 2024, 7:28 AM EST
Diamondback Energy Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Diamondback Energy stock have an average target of 217, with a low estimate of 182 and a high estimate of 252. The average target predicts an increase of 19.59% from the current stock price of 181.46.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FANG stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 6 | 6 | 6 | 6 |
| Buy | 9 | 9 | 9 | 9 | 12 | 12 |
| Hold | 5 | 5 | 5 | 6 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 20 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $232 → $237 | Strong Buy | Maintains | $232 → $237 | +30.61% | Nov 19, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $210 | Buy | Reiterates | $210 | +15.73% | Nov 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $195 | Strong Buy | Reiterates | $195 | +7.46% | Oct 29, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $219 → $218 | Buy | Maintains | $219 → $218 | +20.14% | Oct 18, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $237 → $233 | Buy | Maintains | $237 → $233 | +28.40% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
10.66B
from 7.96B
Increased by 33.96%
Revenue Next Year
14.80B
from 10.66B
Increased by 38.78%
EPS This Year
17.00
from 17.34
Decreased by -1.98%
EPS Next Year
16.25
from 17.00
Decreased by -4.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.2B | 17.9B | 17.8B | ||
| Avg | 10.7B | 14.8B | 15.3B | ||
| Low | 8.6B | 11.4B | 12.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.2% | 67.8% | 20.4% | ||
| Avg | 34.0% | 38.8% | 3.1% | ||
| Low | 8.3% | 7.2% | -15.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.67 | 21.18 | 22.96 | ||
| Avg | 17.00 | 16.25 | 17.10 | ||
| Low | 13.40 | 8.91 | 10.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.5% | 24.6% | 41.3% | ||
| Avg | -2.0% | -4.4% | 5.3% | ||
| Low | -22.7% | -47.6% | -33.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.