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

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Analyst price target for FANG

Based on 15 analysts offering 12 month price targets for Diamondback Energy Inc.
Min Forecast
$140.00+0.45%
Avg Forecast
$171.93+23.36%
Max Forecast
$203.00+45.66%

Should I buy or sell FANG stock?

Based on 15 analysts offering ratings for Diamondback Energy Inc.
Strong Buy
Strong Buy
12 analysts 80%
Buy
2 analysts 13.33%
Hold
1 analysts 6.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FANG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 2%
99
Strong BuyMaintains$193.00+38.48%2022-10-05Find out why
Citigroup
Top 9%
92
Strong BuyMaintains$155.00+11.21%2022-09-21Find out why
KeyBanc
Bottom 31%
31
Strong BuyInitiates Coverage On$163.00+16.95%2022-09-20
Morgan Stanley
Top 1%
100
Strong BuyMaintains$175.00+25.57%2022-08-29
Mizuho
Top 1%
100
Strong BuyMaintains$203.00+45.66%2022-08-18
Raymond James
Top 1%
100
Strong BuyMaintains$190.00+36.33%2022-07-26
MKM Partners
Top 1%
100
Strong BuyAssumes$155.00+11.21%2022-07-20
Truist Securities
Top 1%
100
Strong BuyMaintains$203.00+45.66%2022-07-19Find out why
Bank of America
Top 5%
96
HoldMaintains$143.00+2.60%2022-07-19
Wells Fargo
Top 1%
100
Strong BuyMaintains$192.00+37.76%2022-07-11

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Forecast return on equity

Is FANG forecast to generate an efficient return?
Company
29.54%
Industry
299.74%
Market
110.54%
FANG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is FANG forecast to generate an efficient return on assets?
Company
16.78%
Industry
37.15%
FANG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

FANG earnings per share forecast

What is FANG's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$26.05+20.88%
Avg 2 year Forecast
$25.11+16.52%
Avg 3 year Forecast
$22.68+5.24%
FANG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FANG revenue forecast

What is FANG's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$9.8B+7.56%
Avg 2 year Forecast
$9.0B-0.89%
Avg 3 year Forecast
$8.4B-7.69%
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
7.01%
Industry
11.72%
Market
19.09%
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
-0.2%
Industry
4.57%
Market
8.49%
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$139.37$171.93+23.36%Strong Buy
CLR$69.65$69.92+0.39%Hold
CTRA$28.79$34.50+19.83%Buy
MRO$27.19$30.33+11.56%Buy
EQT$45.34$54.91+21.10%Strong Buy

Diamondback Energy Stock Forecast FAQ

Is Diamondback Energy Stock a good buy in 2022, 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, 12 (80%) are recommending FANG as a Strong Buy, 2 (13.33%) are recommending FANG as a Buy, 1 (6.67%) 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 earnings growth forecast for 2022-2024?

(NASDAQ: FANG) Diamondback Energy's forecast annual earnings growth rate of 7.01% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 11.72%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.09%.

Diamondback Energy's earnings in 2022 is $3,846,000,000.On average, 8 Wall Street analysts forecast FANG's earnings for 2022 to be $4,518,139,639, with the lowest FANG earnings forecast at $4,190,336,034, and the highest FANG earnings forecast at $5,416,564,335. On average, 10 Wall Street analysts forecast FANG's earnings for 2023 to be $4,355,105,042, with the lowest FANG earnings forecast at $3,428,929,776, and the highest FANG earnings forecast at $5,829,354,060.

In 2024, FANG is forecast to generate $3,933,643,263 in earnings, with the lowest earnings forecast at $3,043,890,621 and the highest earnings forecast at $4,806,051,800.

What is FANG's revenue growth forecast for 2022-2024?

(NASDAQ: FANG) Diamondback Energy's forecast annual revenue growth rate of -0.2% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 4.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.49%.

Diamondback Energy's revenue in 2022 is $9,108,000,000.On average, 8 Wall Street analysts forecast FANG's revenue for 2022 to be $1,699,187,332,127, with the lowest FANG revenue forecast at $1,583,360,789,975, and the highest FANG revenue forecast at $1,805,174,562,888. On average, 7 Wall Street analysts forecast FANG's revenue for 2023 to be $1,565,621,411,697, with the lowest FANG revenue forecast at $1,378,682,993,889, and the highest FANG revenue forecast at $1,868,480,550,153.

In 2024, FANG is forecast to generate $1,458,249,600,946 in revenue, with the lowest revenue forecast at $1,310,000,333,733 and the highest revenue forecast at $1,616,470,688,520.

What is FANG's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: FANG) forecast ROA is 16.78%, which is lower than the forecast US Oil & Gas E&P industry average of 37.15%.

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 $171.93, with the highest FANG stock price forecast at $203.00 and the lowest FANG stock price forecast at $140.00.

On average, Wall Street analysts predict that Diamondback Energy's share price could reach $171.93 by Oct 5, 2023. The average Diamondback Energy stock price prediction forecasts a potential upside of 23.36% from the current FANG share price of $139.37.

What is FANG's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: FANG) Diamondback Energy's current Earnings Per Share (EPS) is $21.55. On average, analysts forecast that FANG's EPS will be $26.05 for 2022, with the lowest EPS forecast at $24.16, and the highest EPS forecast at $31.23. On average, analysts forecast that FANG's EPS will be $25.11 for 2023, with the lowest EPS forecast at $19.77, and the highest EPS forecast at $33.61. In 2024, FANG's EPS is forecast to hit $22.68 (min: $17.55, max: $27.71).

What is FANG's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: FANG) forecast ROE is 29.54%, which is considered strong.
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