Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
154.94
+1.88 (1.23%)
At close: Dec 20, 2024, 4:00 PM
154.50
-0.44 (-0.28%)
After-hours: Dec 20, 2024, 4:50 PM 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 214.75, with a low estimate of 182 and a high estimate of 237. The average target predicts an increase of 38.60% from the current stock price of 154.94.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 6 | 6 | 5 |
| Buy | 9 | 9 | 9 | 12 | 12 | 13 |
| Hold | 5 | 5 | 6 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 20 | 21 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $252 → $232 | Buy | Maintains | $252 → $232 | +49.74% | Dec 17, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $218 → $219 | Buy | Maintains | $218 → $219 | +41.35% | Dec 17, 2024 |
| Mizuho | Mizuho | Buy Maintains $219 → $207 | Buy | Maintains | $219 → $207 | +33.60% | Dec 16, 2024 |
| UBS | UBS | Strong Buy Maintains $235 → $212 | Strong Buy | Maintains | $235 → $212 | +36.83% | Dec 9, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $232 → $237 | Strong Buy | Maintains | $232 → $237 | +52.96% | Nov 19, 2024 |
Financial Forecast
Revenue This Year
10.87B
from 7.96B
Increased by 36.55%
Revenue Next Year
14.76B
from 10.87B
Increased by 35.81%
EPS This Year
16.36
from 17.34
Decreased by -5.67%
EPS Next Year
15.20
from 16.36
Decreased by -7.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 11.9B | 17.4B | 18.0B | |||
| Avg | 10.9B | 14.8B | 15.1B | |||
| Low | 9.4B | 11.3B | 12.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 49.7% | 59.9% | 21.9% | |||
| Avg | 36.5% | 35.8% | 2.1% | |||
| Low | 18.5% | 4.3% | -15.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 23.67 | 20.08 | 22.16 | |||
| Avg | 16.36 | 15.20 | 16.30 | |||
| Low | 13.55 | 8.91 | 10.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 36.5% | 22.7% | 45.8% | |||
| Avg | -5.7% | -7.1% | 7.2% | |||
| Low | -21.8% | -45.5% | -28.8% |
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.