Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
202.40
+3.37 (1.69%)
At close: Jun 2, 2026, 4:00 PM EDT
204.19
+1.79 (0.88%)
Pre-market: Jun 3, 2026, 7:07 AM EDT

Diamondback Energy Stock Forecast

Stock Price Forecast

The 26 analysts that cover Diamondback Energy stock have a consensus rating of "Buy" and an average price target of $228.04, which forecasts a 12.67% increase in the stock price over the next year. The lowest target is $173 and the highest is $262.

Price Target: $228.04 (+12.67%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$173$228.04$232$262
Change-14.53%+12.67%+14.62%+29.45%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy000000
Buy202020212121
Hold122444
Sell000000
Strong Sell000000
Total212222252525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho Securities
Mizuho Securities
Buy
Maintains
$220$240
BuyMaintains$220$240+18.58%May 27, 2026
Barclays
Barclays
Buy
Maintains
$225$232
BuyMaintains$225$232+14.62%May 26, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$224$229
BuyMaintains$224$229+13.14%May 22, 2026
Citi
Citi
Buy
Reiterates
$225$245
BuyReiterates$225$245+21.05%May 20, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$262
BuyReiterates$262+29.45%May 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
18.39B
from 14.30B
Increased by 28.65%
Revenue Next Year
16.95B
from 18.39B
Decreased by -7.81%
EPS This Year
16.79
from 5.73
Increased by 193.10%
EPS Next Year
16.98
from 16.79
Increased by 1.14%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.75B9.57B8.34B10.56B14.30B18.39B
Revenue Growth
144.81%41.78%-12.83%26.65%35.36%28.65%
Gross Profit
5.55B8.05B6.54B8.00B10.44B15.18B
Gross Margin
82.18%84.10%78.47%75.73%73.04%82.55%
Operating Income
3.10B5.99B4.33B4.89B1.52B7.59B
Net Income
2.18B4.39B3.14B3.34B1.66B4.67B
EPS
12.2424.6117.3415.535.7316.79
EPS Growth
-101.04%-29.54%-10.43%-63.11%193.10%
Forward PE
6.555.527.3511.2913.6812.05
Dividend / Share
1.9511.318.126.214.054.33
Dividend Growth
-480.00%-28.21%-23.52%-34.78%7.03%
Free Cash Flow
1.01B1.21B1.08B2.19B497.63M7.42B
No. Analysts
-----10

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
42.6%
Avg
28.6%
Low
18.6%

EPS Forecast

EPS202620272028
High26.22
Avg16.79
Low13.03

EPS Growth

EPS Growth202620272028
High
357.7%
Avg
193.1%
Low
127.5%
Sources: Price targets and consensus ratings provided by TipRanks. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.