Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
193.88
+3.26 (1.71%)
At close: Apr 2, 2026, 4:00 PM EDT
194.97
+1.09 (0.56%)
After-hours: Apr 2, 2026, 7:54 PM EDT

Diamondback Energy Stock Forecast

Stock Price Forecast

The 20 analysts that cover Diamondback Energy stock have a consensus rating of "Strong Buy" and an average price target of $206.8, which forecasts a 6.66% increase in the stock price over the next year. The lowest target is $161 and the highest is $248.

Price Target: $206.8 (+6.66%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$161$206.8$213$248
Change-16.96%+6.66%+9.86%+27.91%

Analyst Ratings

The average analyst rating for Diamondback Energy stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingNov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy555588
Buy141413131313
Hold000011
Sell000000
Strong Sell000000
Total191918182222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Keybanc
Keybanc
Buy
Maintains
$196$225
BuyMaintains$196$225+16.05%Apr 2, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$178$230
Strong BuyMaintains$178$230+18.63%Mar 30, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$171$220
BuyMaintains$171$220+13.47%Mar 27, 2026
Truist Securities
Truist Securities
Strong Buy
Initiates
$222
Strong BuyInitiates$222+14.50%Mar 24, 2026
Mizuho
Mizuho
Buy
Maintains
$205$220
BuyMaintains$205$220+13.47%Mar 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
14.68B
from 14.30B
Increased by 2.67%
Revenue Next Year
15.22B
from 14.68B
Increased by 3.73%
EPS This Year
10.20
from 5.73
Increased by 78.08%
EPS Next Year
13.57
from 10.20
Increased by 33.06%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
6.75B9.57B8.34B10.56B14.30B14.68B15.22B
Revenue Growth
144.81%41.78%-12.83%26.65%35.36%2.67%3.73%
EPS
12.2424.6117.3415.535.7310.2013.57
EPS Growth
-101.04%-29.54%-10.43%-63.11%78.08%33.06%
Forward PE
-----19.0114.28
No. Analysts
-----3430
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High18.0B17.5B
Avg14.7B15.2B
Low11.7B12.4B

Revenue Growth

Revenue Growth20262027202820292030
High
26.1%
19.3%
Avg
2.7%
3.7%
Low
-18.3%
-15.2%

EPS Forecast

EPS20262027202820292030
High16.7120.36
Avg10.2013.57
Low5.717.53

EPS Growth

EPS Growth20262027202820292030
High
191.6%
99.6%
Avg
78.1%
33.1%
Low
-0.3%
-26.2%
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.