Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
135.86
-0.43 (-0.32%)
At close: May 23, 2025, 4:00 PM
135.79
-0.07 (-0.05%)
After-hours: May 23, 2025, 4:16 PM EDT

Diamondback Energy Stock Forecast

Stock Price Forecast

According to 21 professional analysts, the 12-month price target for Diamondback Energy stock ranges from a low of $161 to a high of $242. The average analyst price target of $195.14 forecasts a 43.63% increase in the stock price over the next year.

Price Target: $195.14 (+43.63%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $161 $195.14 $190 $242
Change +18.50% +43.63% +39.85% +78.12%

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

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 555566
Buy 131414141414
Hold 322311
Sell 000000
Strong Sell 000000
Total 212121222121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Strong Buy
Maintains
$165$170
Strong Buy Maintains $165$170 +25.13% May 23, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$186$183
Buy Maintains $186$183 +34.70% May 23, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$234$225
Buy Maintains $234$225 +65.61% May 13, 2025
Mizuho
Mizuho
Buy
Maintains
$186$179
Buy Maintains $186$179 +31.75% May 13, 2025
JP Morgan
JP Morgan
Buy
Maintains
$167$161
Buy Maintains $167$161 +18.50% May 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
14.56B
from 10.56B
Increased by 37.85%
Revenue Next Year
14.45B
from 14.56B
Decreased by -0.76%
EPS This Year
14.41
from 15.53
Decreased by -7.18%
EPS Next Year
13.64
from 14.41
Decreased by -5.40%
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
2.76B6.75B9.57B7.96B10.56B14.56B14.45B15.33B
Revenue Growth
-30.25%144.81%41.78%-16.80%32.69%37.85%-0.76%6.10%
EPS
-28.6112.2424.6117.3415.5314.4113.6416.50
EPS Growth
--101.04%-29.54%-10.43%-7.18%-5.40%20.99%
Forward PE
-----9.429.968.23
No. Analysts
-----333117
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 17.2B 17.6B 18.2B
Avg 14.6B 14.4B 15.3B
Low 13.0B 12.2B 12.5B

Revenue Growth

Revenue Growth 20252026202720282029
High
63.1%
20.9%
26.0%
Avg
37.8%
-0.8%
6.1%
Low
23.5%
-16.1%
-13.2%

EPS Forecast

EPS 20252026202720282029
High 19.25 20.12 25.06
Avg 14.41 13.64 16.50
Low 11.52 8.33 8.96

EPS Growth

EPS Growth 20252026202720282029
High
23.9%
39.6%
83.8%
Avg
-7.2%
-5.4%
21.0%
Low
-25.9%
-42.2%
-34.3%
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.