Diamondback Energy, Inc. (FANG)

Diamondback Energy Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for Diamondback Energy stock have an average target of 216.9, with a low estimate of 185 and a high estimate of 256. The average target predicts an increase of 54.81% from the current stock price of 140.11.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$185	$216.9	$216	$256
Change	+32.04%	+54.81%	+54.16%	+82.71%

Analyst Ratings

The average analyst rating for Diamondback Energy 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	6	6	5	5	5	5
Buy	12	12	13	14	14	14
Hold	3	3	3	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	21	21	21	21	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nitin Kumar Mizuho	Mizuho	Buy Maintains $201 → $204	Buy	Maintains	$201 → $204	+45.60%	Feb 25, 2025
Neal Dingmann Truist Securities	Truist Securities	Strong Buy Maintains $236 → $238	Strong Buy	Maintains	$236 → $238	+69.87%	Feb 19, 2025
Devin McDermott Morgan Stanley	Morgan Stanley	Buy Maintains $220 → $227	Buy	Maintains	$220 → $227	+62.02%	Feb 19, 2025
Josh Silverstein UBS	UBS	Strong Buy Maintains $212 → $216	Strong Buy	Maintains	$212 → $216	+54.16%	Feb 13, 2025
John Freeman Raymond James	Raymond James	Strong Buy Maintains $237 → $256	Strong Buy	Maintains	$237 → $256	+82.71%	Jan 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

14.92B

Increased by 41.27%

from 10.56B

Revenue Next Year

15.06B

Increased by 0.96%

from 14.92B

EPS This Year

16.09

Increased by 3.63%

from 15.53

EPS Next Year

16.41

Increased by 1.97%

from 16.09

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.76B	6.75B	9.57B	7.96B	10.56B	14.92B	15.06B	14.41B
Revenue Growth	-30.25%	144.81%	41.78%	-16.80%	32.69%	41.27%	0.96%	-4.36%
EPS	-28.61	12.24	24.61	17.34	15.53	16.09	16.41	14.19
EPS Growth	-	-	101.04%	-29.53%	-10.43%	3.63%	1.97%	-13.54%
Forward PE	-	-	-	-	-	8.71	8.54	9.88
No. Analysts	-	-	-	-	-	33	27	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	17.3B	17.8B	16.6B
Avg	14.9B	15.1B	14.4B
Low	12.5B	12.7B	12.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	63.6%	19.1%	10.2%
Avg	41.3%	1.0%	-4.4%
Low	18.4%	-15.1%	-19.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	21.95	22.43	21.32
Avg	16.09	16.41	14.19
Low	8.94	11.19	8.31

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	41.3%	39.4%	29.9%
Avg	3.6%	2.0%	-13.5%
Low	-42.4%	-30.5%	-49.4%

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.