Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
188.58
+0.78 (0.42%)
Jun 23, 2026, 1:08 PM EDT - Market open

Diamondback Energy Stock Forecast

Stock Price Forecast

According to 30 analysts polled by S&P Global, Diamondback Energy stock has a consensus rating of "Buy" and an average price target of $232.83. The average 1-year stock price forecast is 23.46% higher than the current stock price, while the lowest is $195 (+3.40%) and the highest is $277 (+46.89%).

Price Target: $232.83 (+23.46%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$195$232.83$237$277
Change+3.40%+23.46%+25.68%+46.89%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy212121201919
Buy877666
Hold234555
Sell000000
Strong Sell000000
Total313132313030

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Roth MKM
Roth MKM
Hold
Maintains
$205
HoldMaintains$205+8.71%Jun 16, 2026
William Blair
William Blair
Buy
Maintains
n/a
BuyMaintainsn/an/aJun 5, 2026
KeyBanc
KeyBanc
Buy
Maintains
$225
BuyMaintains$225+19.31%Jun 4, 2026
Mizuho Securities
Mizuho Securities
Buy
Maintains
$220$240
BuyMaintains$220$240+27.27%May 27, 2026
Barclays
Barclays
Buy
Maintains
$225$232
BuyMaintains$225$232+23.02%May 26, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
18.56B
from 14.30B
Increased by 29.81%
Revenue Next Year
17.06B
from 18.56B
Decreased by -8.07%
EPS This Year
20.36
from 13.37
Increased by 52.25%
EPS Next Year
17.62
from 20.36
Decreased by -13.46%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.75B9.57B8.34B10.56B14.30B18.56B
Revenue Growth
144.81%41.78%-12.83%26.65%35.36%29.81%
Gross Profit
5.55B8.05B6.54B8.00B10.44B15.32B
Gross Margin
82.18%84.10%78.47%75.73%73.04%82.55%
Operating Income
3.10B5.99B4.33B4.89B1.52B7.57B
Net Income
2.18B4.39B3.14B3.34B1.66B4.62B
EPS
----13.3720.36
EPS Growth
-----19.31%52.25%
Forward PE
6.555.527.3511.2913.689.26
Dividend / Share
1.9511.318.126.214.054.33
Dividend Growth
-480.00%-28.21%-23.52%-34.78%7.03%
Free Cash Flow
1.01B1.21B1.08B2.19B497.63M7.53B
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High20.4B
Avg18.6B
Low17.0B

Revenue Growth

Revenue Growth202620272028
High
42.6%
Avg
29.8%
Low
18.6%

EPS Forecast

EPS202620272028
High30.37
Avg20.36
Low15.13

EPS Growth

EPS Growth202620272028
High
127.2%
Avg
52.3%
Low
13.2%