Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
185.10
-0.41 (-0.22%)
Oct 2, 2026, 10:50 AM EDT - Market open

Diamondback Energy Stock Forecast

Stock Price Forecast

According to 31 analysts polled by S&P Global, Diamondback Energy stock has a consensus rating of "Strong Buy" and an average price target of $234.34. The average 1-year stock price forecast is 26.60% higher than the current stock price, while the lowest is $205 (+10.75%) and the highest is $283 (+52.89%).

Price Target: $234.34 (+26.60%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$205$234.34$233$283
Change+10.75%+26.60%+25.88%+52.89%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy201920202021
Buy665545
Hold554455
Sell000000
Strong Sell000000
Total313029292931

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Maintains
$220 → $215
BuyMaintains$220 → $215+16.15%Oct 1, 2026
Roth MKM
Roth MKM
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 25, 2026
Siebert Williams Shank & Co
Siebert Williams Shank & Co
Buy
Maintains
$247 → $251
BuyMaintains$247 → $251+35.60%Sep 23, 2026
Raymond James
Raymond James
Buy
Maintains
$248 → $255
BuyMaintains$248 → $255+37.76%Sep 17, 2026
UBS
UBS
Buy
Maintains
$243
BuyMaintains$243+31.28%Sep 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
18.81B
from 14.30B
Increased by 31.57%
Revenue Next Year
17.48B
from 18.81B
Decreased by -7.07%
EPS This Year
20.91
from 13.37
Increased by 56.41%
EPS Next Year
18.76
from 20.91
Decreased by -10.28%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.75B9.57B8.34B10.56B14.30B18.81B
Revenue Growth
144.81%41.78%-12.83%26.65%35.36%31.57%
Gross Profit
5.55B8.05B6.54B8.00B10.44B15.45B
Gross Margin
82.18%84.10%78.47%75.73%73.04%82.14%
Operating Income
3.10B5.99B4.33B4.89B1.52B7.76B
Net Income
2.18B4.39B3.14B3.34B1.66B4.54B
EPS
----13.3720.91
EPS Growth
-----19.31%56.41%
Forward PE
6.555.527.3511.2913.688.85
Dividend / Share
1.9511.318.126.214.054.36
Dividend Growth
27.87%480.00%-28.21%-23.52%-34.78%7.64%
Free Cash Flow
----5.55B7.79B
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High21.5B
Avg18.8B
Low17.1B

Revenue Growth

Revenue Growth202620272028
High
50.6%
Avg
31.6%
Low
19.6%

EPS Forecast

EPS202620272028
High23.69
Avg20.91
Low16.26

EPS Growth

EPS Growth202620272028
High
77.2%
Avg
56.4%
Low
21.6%