Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
210.72
-0.30 (-0.14%)
At close: Aug 21, 2026, 4:00 PM EDT
210.13
-0.59 (-0.28%)
After-hours: Aug 21, 2026, 7:30 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 $232.18. The average 1-year stock price forecast is 10.18% higher than the current stock price, while the lowest is $205 (-2.71%) and the highest is $283 (+34.30%).

Price Target: $232.18 (+10.18%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$205$232.18$225$283
Change-2.71%+10.18%+6.78%+34.30%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy212019202020
Buy766554
Hold455445
Sell000000
Strong Sell000000
Total323130292929

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Roth MKM
Roth MKM
Buy
Maintains
$212
BuyMaintains$212+0.61%Aug 20, 2026
Goldman Sachs
Goldman Sachs
Buy
Reiterates
$212$220
BuyReiterates$212$220+4.40%Aug 20, 2026
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$216
HoldDowngrades$216+2.51%Aug 19, 2026
Barclays
Barclays
Buy
Maintains
$232$221
BuyMaintains$232$221+4.88%Aug 17, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$263
BuyReiterates$263+24.81%Aug 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
18.59B
from 14.30B
Increased by 30.06%
Revenue Next Year
17.09B
from 18.59B
Decreased by -8.06%
EPS This Year
20.16
from 13.37
Increased by 50.78%
EPS Next Year
18.09
from 20.16
Decreased by -10.28%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.75B9.57B8.34B10.56B14.30B18.59B
Revenue Growth
144.81%41.78%-12.83%26.65%35.36%30.06%
Gross Profit
5.55B8.05B6.54B8.00B10.44B15.27B
Gross Margin
82.18%84.10%78.47%75.73%73.04%82.14%
Operating Income
3.10B5.99B4.33B4.89B1.52B7.76B
Net Income
2.18B4.39B3.14B3.34B1.66B4.76B
EPS
----13.3720.16
EPS Growth
-----19.31%50.78%
Forward PE
6.555.527.3511.2913.6810.45
Dividend / Share
1.9511.318.126.214.054.35
Dividend Growth
27.87%480.00%-28.21%-23.52%-34.78%7.39%
Free Cash Flow
1.01B1.21B1.08B2.19B497.63M7.56B
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High20.4B
Avg18.6B
Low17.1B

Revenue Growth

Revenue Growth202620272028
High
42.9%
Avg
30.1%
Low
19.6%

EPS Forecast

EPS202620272028
High23.61
Avg20.16
Low14.75

EPS Growth

EPS Growth202620272028
High
76.6%
Avg
50.8%
Low
10.3%