Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
202.95
+3.18 (1.59%)
At close: Jul 31, 2026, 4:00 PM EDT
204.63
+1.68 (0.83%)
After-hours: Jul 31, 2026, 7:59 PM EDT

Diamondback Energy Stock Forecast

Stock Price Forecast

According to 29 analysts polled by S&P Global, Diamondback Energy stock has a consensus rating of "Strong Buy" and an average price target of $230.32. The average 1-year stock price forecast is 13.49% higher than the current stock price, while the lowest is $199 (-1.95%) and the highest is $272 (+34.02%).

Price Target: $230.32 (+13.49%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$199$230.32$228.5$272
Change-1.95%+13.49%+12.59%+34.02%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy212120192020
Buy776655
Hold345544
Sell000000
Strong Sell000000
Total313231302929

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Raymond James
Raymond James
Buy
Maintains
$249$248
BuyMaintains$249$248+22.20%Jul 31, 2026
Goldman Sachs
Goldman Sachs
Buy
Reiterates
$210$212
BuyReiterates$210$212+4.46%Jul 28, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$211
BuyMaintains$211+3.97%Jul 22, 2026
William Blair
William Blair
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 21, 2026
Susquehanna
Susquehanna
Buy
Maintains
$245$255
BuyMaintains$245$255+25.65%Jul 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
17.94B
from 14.30B
Increased by 25.50%
Revenue Next Year
16.88B
from 17.94B
Decreased by -5.92%
EPS This Year
19.75
from 13.37
Increased by 47.75%
EPS Next Year
17.36
from 19.75
Decreased by -12.13%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.75B9.57B8.34B10.56B14.30B17.94B
Revenue Growth
144.81%41.78%-12.83%26.65%35.36%25.50%
Gross Profit
5.55B8.05B6.54B8.00B10.44B14.72B
Gross Margin
82.18%84.10%78.47%75.73%73.04%82.03%
Operating Income
3.10B5.99B4.33B4.89B1.52B6.75B
Net Income
2.18B4.39B3.14B3.34B1.66B4.27B
EPS
----13.3719.75
EPS Growth
-----19.31%47.75%
Forward PE
6.555.527.3511.2913.6810.27
Dividend / Share
1.9511.318.126.214.054.34
Dividend Growth
-480.00%-28.21%-23.52%-34.78%7.06%
Free Cash Flow
1.01B1.21B1.08B2.19B497.63M7.31B
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High20.1B
Avg17.9B
Low16.7B

Revenue Growth

Revenue Growth202620272028
High
40.8%
Avg
25.5%
Low
17.0%

EPS Forecast

EPS202620272028
High26.70
Avg19.75
Low16.03

EPS Growth

EPS Growth202620272028
High
99.7%
Avg
47.7%
Low
19.9%