Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
191.60
+8.21 (4.48%)
At close: Jul 13, 2026, 4:00 PM EDT
192.26
+0.66 (0.34%)
After-hours: Jul 13, 2026, 7:56 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 $231.82. The average 1-year stock price forecast is 20.99% higher than the current stock price, while the lowest is $186 (-2.92%) and the highest is $272 (+41.96%).

Price Target: $231.82 (+20.99%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$186$231.82$237.5$272
Change-2.92%+20.99%+23.96%+41.96%

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

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

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
William Blair
William Blair
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 14, 2026
Roth MKM
Roth MKM
Buy
Maintains
$212
BuyMaintains$212+10.65%Jul 13, 2026
Barclays
Barclays
Buy
Maintains
$232
BuyMaintains$232+21.09%Jul 7, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$262
BuyMaintains$262+36.74%Jul 3, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$229$216
BuyMaintains$229$216+12.73%Jun 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
18.25B
from 14.30B
Increased by 27.69%
Revenue Next Year
17.00B
from 18.25B
Decreased by -6.85%
EPS This Year
19.91
from 13.37
Increased by 48.91%
EPS Next Year
17.38
from 19.91
Decreased by -12.72%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.75B9.57B8.34B10.56B14.30B18.25B
Revenue Growth
144.81%41.78%-12.83%26.65%35.36%27.69%
Gross Profit
5.55B8.05B6.54B8.00B10.44B15.07B
Gross Margin
82.18%84.10%78.47%75.73%73.04%82.55%
Operating Income
3.10B5.99B4.33B4.89B1.52B7.31B
Net Income
2.18B4.39B3.14B3.34B1.66B4.51B
EPS
----13.3719.91
EPS Growth
-----19.31%48.91%
Forward PE
6.555.527.3511.2913.689.62
Dividend / Share
1.9511.318.126.214.054.33
Dividend Growth
-480.00%-28.21%-23.52%-34.78%7.03%
Free Cash Flow
1.01B1.21B1.08B2.19B497.63M7.51B
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High20.4B
Avg18.3B
Low16.9B

Revenue Growth

Revenue Growth202620272028
High
42.6%
Avg
27.7%
Low
18.2%

EPS Forecast

EPS202620272028
High30.37
Avg19.91
Low13.93

EPS Growth

EPS Growth202620272028
High
127.2%
Avg
48.9%
Low
4.2%