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NASDAQ: FANG
Diamondback Energy Inc Stock Forecast, Predictions & Price Target

Analyst price target for FANG

Based on 15 analysts offering 12 month price targets for Diamondback Energy Inc.
Min Forecast
$154.00-14.33%
Avg Forecast
$187.27+4.18%
Max Forecast
$225.00+25.17%

Should I buy or sell FANG stock?

Based on 15 analysts offering ratings for Diamondback Energy Inc.
Strong Buy
Strong Buy
11 analysts 73.33%
Buy
1 analysts 6.67%
Hold
3 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FANG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-15
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-13
lockedlocked$00.00+00.00%2024-02-13Find Out Why
lockedlocked$00.00+00.00%2024-02-13
BMO Capital
Top 17%
84
HoldMaintains$175.00-2.65%2024-02-13
KeyBanc
Top 28%
73
Strong BuyMaintains$186.00+3.47%2024-02-13
Bank of America
Top 10%
91
HoldUpgrades$170.00-5.43%2024-02-12
Raymond James
Top 1%
100
Strong BuyMaintains$185.00+2.91%2024-01-24
Stifel Nicolaus
Bottom 9%
9
Strong BuyMaintains$192.00+6.81%2024-01-23

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Forecast return on equity

Is FANG forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.29%

Forecast return on assets

Is FANG forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

FANG revenue forecast

What is FANG's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$8.7B+3.06%
Avg 2 year Forecast
$15.8B+87.41%
Avg 3 year Forecast
$17.5B+108.24%
FANG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FANG earnings growth forecast

How is FANG forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
27.12%
Industry
35.47%
Market
30.27%
FANG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FANG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FANG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FANG revenue growth forecast

How is FANG forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
36.9%
Industry
6.06%
Market
11.16%
FANG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FANG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FANG vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
FANG$179.76$187.27+4.18%Strong Buy
DVN$44.03$56.83+29.08%Strong Buy
WDS$19.35N/AN/A
HES$145.40$174.50+20.01%Buy
CTRA$25.54$33.30+30.38%Strong Buy

Diamondback Energy Stock Forecast FAQ

Is Diamondback Energy Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: FANG) stock is to Strong Buy FANG stock.

Out of 15 analysts, 11 (73.33%) are recommending FANG as a Strong Buy, 1 (6.67%) are recommending FANG as a Buy, 3 (20%) are recommending FANG as a Hold, 0 (0%) are recommending FANG as a Sell, and 0 (0%) are recommending FANG as a Strong Sell.

If you're new to stock investing, here's how to buy Diamondback Energy stock.

What is FANG's revenue growth forecast for 2024-2026?

(NASDAQ: FANG) Diamondback Energy's forecast annual revenue growth rate of 36.9% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 6.06%, and it is also forecast to beat the US market's average forecast revenue growth rate of 11.16%.

Diamondback Energy's revenue in 2024 is $8,412,000,000.On average, 9 Wall Street analysts forecast FANG's revenue for 2024 to be $1,546,985,548,412, with the lowest FANG revenue forecast at $1,394,126,420,948, and the highest FANG revenue forecast at $1,792,263,945,677. On average, 4 Wall Street analysts forecast FANG's revenue for 2025 to be $2,813,190,930,317, with the lowest FANG revenue forecast at $2,548,359,962,506, and the highest FANG revenue forecast at $3,025,740,261,348.

In 2026, FANG is forecast to generate $3,125,848,794,411 in revenue, with the lowest revenue forecast at $3,125,848,794,411 and the highest revenue forecast at $3,125,848,794,411.

What is FANG's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: FANG) forecast ROA is N/A, which is lower than the forecast US Oil & Gas E&P industry average of N/A.

What is FANG's Price Target?

According to 15 Wall Street analysts that have issued a 1 year FANG price target, the average FANG price target is $187.27, with the highest FANG stock price forecast at $225.00 and the lowest FANG stock price forecast at $154.00.

On average, Wall Street analysts predict that Diamondback Energy's share price could reach $187.27 by Feb 14, 2025. The average Diamondback Energy stock price prediction forecasts a potential upside of 4.18% from the current FANG share price of $179.76.

What is FANG's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: FANG) forecast ROE is N/A, which is considered weak.
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