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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for FANG

Based on 18 analysts offering 12 month price targets for Diamondback Energy Inc.
Min Forecast
$182.00-3.35%
Avg Forecast
$217.22+15.36%
Max Forecast
$245.00+30.11%

Should I buy or sell FANG stock?

Based on 18 analysts offering ratings for Diamondback Energy Inc.
Strong Buy
Strong Buy
12 analysts 66.67%
Buy
4 analysts 22.22%
Hold
2 analysts 11.11%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their FANG stock forecasts and price targets.

FANG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-03Find Out Why
lockedlocked$00.00+00.00%2024-10-02
lockedlocked$00.00+00.00%2024-10-02
lockedlocked$00.00+00.00%2024-10-01Find Out Why
lockedlocked$00.00+00.00%2024-09-30Find Out Why
Truist Securities
Top 1%
100
Strong BuyMaintains$220.00+16.83%2024-09-30Find out why
UBS
Top 28%
73
Strong BuyMaintains$223.00+18.43%2024-09-18
RBC Capital
Top 6%
95
BuyReiterates$220.00+16.83%2024-09-17
Morgan Stanley
Top 3%
98
Strong BuyMaintains$198.00+5.15%2024-09-16Find out why
Jefferies
Top 3%
98
HoldReinstates$185.00-1.75%2024-09-16Find out why

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Forecast return on equity

Is FANG forecast to generate an efficient return?
Company
19.39%
Industry
18.74%
Market
52.28%
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
9.5%
Industry
9.76%
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 9 analysts?
Avg 1 year Forecast
$18.73-3.15%
Avg 2 year Forecast
$19.02-1.66%
Avg 3 year Forecast
$18.97-1.92%
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 7 analysts?
Avg 1 year Forecast
$9.9B+6.51%
Avg 2 year Forecast
$15.2B+63.58%
Avg 3 year Forecast
$15.2B+63.4%
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
-1.08%
Industry
4.2%
Market
19.47%
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
20.65%
Industry
5.23%
Market
8.61%
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$188.30$217.22+15.36%Strong Buy
WDS$18.04N/AN/A
DVN$41.79$54.24+29.78%Strong Buy
HES$140.87$162.67+15.47%Buy
TPL$970.46$917.00-5.51%Buy
View Top Oil and Gas Stocks

Diamondback Energy Stock Forecast FAQ

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

The consensus among 18 Wall Street analysts covering (NASDAQ: FANG) stock is to Strong Buy FANG stock.

Out of 18 analysts, 12 (66.67%) are recommending FANG as a Strong Buy, 4 (22.22%) are recommending FANG as a Buy, 2 (11.11%) 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 2024-2026?

(NASDAQ: FANG) Diamondback Energy's forecast annual earnings growth rate of -1.08% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 4.2%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.47%.

Diamondback Energy's earnings in 2024 is $3,480,000,000.On average, 9 Wall Street analysts forecast FANG's earnings for 2024 to be $3,341,328,086, with the lowest FANG earnings forecast at $2,914,965,346, and the highest FANG earnings forecast at $4,088,800,840. On average, 10 Wall Street analysts forecast FANG's earnings for 2025 to be $3,392,705,688, with the lowest FANG earnings forecast at $2,795,441,063, and the highest FANG earnings forecast at $3,735,579,825.

In 2026, FANG is forecast to generate $3,383,785,966 in earnings, with the lowest earnings forecast at $2,893,558,011 and the highest earnings forecast at $4,238,652,180.

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

(NASDAQ: FANG) Diamondback Energy's forecast annual revenue growth rate of 20.65% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 5.23%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.61%.

Diamondback Energy's revenue in 2024 is $9,278,000,000.On average, 7 Wall Street analysts forecast FANG's revenue for 2024 to be $1,762,972,289,828, with the lowest FANG revenue forecast at $1,447,942,137,547, and the highest FANG revenue forecast at $2,040,118,953,072. On average, 6 Wall Street analysts forecast FANG's revenue for 2025 to be $2,707,415,174,812, with the lowest FANG revenue forecast at $2,521,222,030,948, and the highest FANG revenue forecast at $2,858,949,487,752.

In 2026, FANG is forecast to generate $2,704,553,014,224 in revenue, with the lowest revenue forecast at $2,513,601,019,959 and the highest revenue forecast at $2,884,816,683,292.

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

(NASDAQ: FANG) forecast ROA is 9.5%, which is lower than the forecast US Oil & Gas E&P industry average of 9.76%.

What is FANG's Price Target?

According to 18 Wall Street analysts that have issued a 1 year FANG price target, the average FANG price target is $217.22, with the highest FANG stock price forecast at $245.00 and the lowest FANG stock price forecast at $182.00.

On average, Wall Street analysts predict that Diamondback Energy's share price could reach $217.22 by Oct 3, 2025. The average Diamondback Energy stock price prediction forecasts a potential upside of 15.36% from the current FANG share price of $188.30.

What is FANG's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: FANG) Diamondback Energy's current Earnings Per Share (EPS) is $19.34. On average, analysts forecast that FANG's EPS will be $18.73 for 2024, with the lowest EPS forecast at $16.34, and the highest EPS forecast at $22.92. On average, analysts forecast that FANG's EPS will be $19.02 for 2025, with the lowest EPS forecast at $15.67, and the highest EPS forecast at $20.94. In 2026, FANG's EPS is forecast to hit $18.97 (min: $16.22, max: $23.76).

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

(NASDAQ: FANG) forecast ROE is 19.39%, which is considered weak.
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