Diamondback Energy Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for Diamondback Energy stock have an average target of 215.38, with a low estimate of 185 and a high estimate of 256. The average target predicts an increase of 21.65% from the current stock price of 177.05.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$185	$215.38	$215	$256
Change	+4.49%	+21.65%	+21.44%	+44.60%

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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	6	6	6	6	5	5
Buy	9	9	12	12	13	14
Hold	5	6	3	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	21	21	21	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Freeman Raymond James	Raymond James	Strong Buy Maintains $237 → $256	Strong Buy	Maintains	$237 → $256	+44.60%	Jan 23, 2025
Scott Hanold RBC Capital	RBC Capital	Buy Reiterates $210	Buy	Reiterates	$210	+18.61%	Jan 23, 2025
Arun Jayaram JP Morgan	JP Morgan	Buy Maintains $191 → $195	Buy	Maintains	$191 → $195	+10.14%	Jan 17, 2025
Neal Dingmann Truist Securities	Truist Securities	Strong Buy Maintains $230 → $236	Strong Buy	Maintains	$230 → $236	+33.30%	Jan 13, 2025
Doug Leggate Wolfe Research	Wolfe Research	Hold → Buy Upgrades $190	Hold → Buy	Upgrades	$190	+7.32%	Jan 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

10.89B

from 7.96B

36.80%

from 7.96B

Revenue Next Year

14.71B

from 10.89B

35.11%

from 10.89B

EPS This Year

16.36

from 17.34

-5.67%

from 17.34

EPS Next Year

15.20

from 16.36

-7.07%

from 16.36

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.95B	2.76B	6.75B	9.08B	7.96B	10.89B	14.71B	15.05B
Revenue Growth	82.58%	-30.25%	144.81%	34.62%	-12.37%	36.80%	35.11%	2.33%
EPS	1.47	-28.61	12.24	24.61	17.34	16.36	15.20	16.30
EPS Growth	-81.79%	-	-	101.04%	-29.53%	-5.67%	-7.07%	7.25%
Forward PE	-	-	-	-	-	10.82	11.65	10.86
No. Analysts	-	-	-	-	-	33	33	25

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

Revenue Forecast

Revenue	2024	2025	2026
High	11.9B	17.4B	18.0B
Avg	10.9B	14.7B	15.1B
Low	9.7B	11.3B	12.4B

Revenue Growth

Revenue Growth	2024	2025	2026
High	49.7%	59.6%	22.3%
Avg	36.8%	35.1%	2.3%
Low	21.3%	4.1%	-15.5%

EPS Forecast

EPS	2024	2025	2026
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
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.