Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
197.95
-2.98 (-1.48%)
Oct 22, 2026, 2:37 PM EDT - Market open

Diamondback Energy Stock Forecast

Stock Price Forecast

According to 32 analysts polled by S&P Global, Diamondback Energy stock has a consensus rating of "Buy" and an average price target of $236.97. The average 1-year stock price forecast is 19.71% higher than the current stock price, while the lowest is $211 (+6.59%) and the highest is $287 (+44.99%).

Price Target: $236.97 (+19.71%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$211$236.97$236$287
Change+6.59%+19.71%+19.22%+44.99%

Analyst Ratings

The average analyst rating for Diamondback Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy192020202121
Buy655456
Hold544555
Sell000000
Strong Sell000000
Total302929293132

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Buy
Maintains
$224
BuyMaintains$224+13.16%Oct 16, 2026
UBS
UBS
Buy
Maintains
$253 → $256
BuyMaintains$253 → $256+29.33%Oct 15, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$222 → $216
HoldReiterates$222 → $216+9.12%Oct 15, 2026
Scotiabank
Scotiabank
Buy
Initiates
$250
BuyInitiates$250+26.29%Oct 14, 2026
RBC Capital
RBC Capital
Buy
Maintains
$240
BuyMaintains$240+21.24%Oct 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
19.33B
from 14.30B
Increased by 35.20%
Revenue Next Year
18.48B
from 19.33B
Decreased by -4.38%
EPS This Year
21.93
from 13.37
Increased by 64.04%
EPS Next Year
19.95
from 21.93
Decreased by -9.05%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.75B9.57B8.34B10.56B14.30B19.33B
Revenue Growth
144.81%41.78%-12.83%26.65%35.36%35.20%
Gross Profit
5.55B8.05B6.54B8.00B10.44B15.97B
Gross Margin
82.18%84.10%78.47%75.73%73.04%82.65%
Operating Income
3.10B5.99B4.33B4.89B1.52B8.34B
Net Income
2.18B4.39B3.14B3.34B1.66B5.03B
EPS
----13.3721.93
EPS Growth
-----19.31%64.04%
Forward PE
6.555.527.3511.2913.689.03
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
----5.55B8.22B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High21.6B
Avg19.3B
Low18.1B

Revenue Growth

Revenue Growth202620272028
High
51.1%
Avg
35.2%
Low
26.5%

EPS Forecast

EPS202620272028
High24.45
Avg21.93
Low16.26

EPS Growth

EPS Growth202620272028
High
82.9%
Avg
64.0%
Low
21.6%