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

OverviewForecast
EarningsDividendOwnership

Analyst price target for FANG

Based on 17 analysts offering 12 month price targets for Diamondback Energy Inc.
Min Forecast
$155.00+21.13%
Avg Forecast
$181.35+41.73%
Max Forecast
$211.00+64.9%

Should I buy or sell FANG stock?

Based on 18 analysts offering ratings for Diamondback Energy Inc.
Strong Buy
Strong Buy
14 analysts 77.78%
Buy
2 analysts 11.11%
Hold
1 analysts 5.56%
Sell
1 analysts 5.56%
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
RBC Capital
Top 5%
96
BuyReiterates$182.00+42.23%2023-03-08
Piper Sandler
Top 46%
55
Strong BuyMaintains$207.00+61.77%2023-03-07
Wells Fargo
Top 4%
97
Strong BuyMaintains$174.00+35.98%2023-03-01
Raymond James
Top 1%
100
Strong BuyMaintains$205.00+60.21%2023-01-26
Morgan Stanley
Top 1%
100
Strong BuyMaintains$168.00+31.29%2023-01-24
Barclays
Bottom 6%
6
Strong BuyMaintains$166.00+29.73%2023-01-23
Mizuho
Top 2%
99
Strong BuyAssumes$195.00+52.39%2023-01-10
KeyBanc
Bottom 16%
16
Strong BuyMaintains$171.00+33.64%2022-12-08
Johnson Rice
Top 9%
92
Strong BuyUpgrades$210.00+64.11%2022-12-05
Bank of America
Top 5%
96
SellDowngradesN/AN/A2022-11-28

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Forecast return on equity

Is FANG forecast to generate an efficient return?
Company
27.74%
Industry
48.09%
Market
51.58%
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
15.89%
Industry
17.18%
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 2 years based on estimates from 10 analysts?
Avg 1 year Forecast
$25.11+2.03%
Avg 2 year Forecast
$22.68-7.84%
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 2 years based on estimates from 7 analysts?
Avg 1 year Forecast
$9.0B-6.39%
Avg 2 year Forecast
$8.4B-12.81%
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
2.03%
Industry
5.11%
Market
78.57%
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
-6.39%
Industry
-2.69%
Market
25.81%
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$127.96$181.35+41.73%Strong Buy
CTRA$23.50$31.47+33.90%Buy
DVN$47.76$75.65+58.40%Buy
MRO$22.28$33.44+50.08%Buy
TPL$1,646.07$1,750.00+6.31%Buy
View Top Oil and Gas Stocks

Diamondback Energy Stock Forecast FAQ

Is Diamondback Energy Stock a good buy in 2023, 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, 14 (77.78%) are recommending FANG as a Strong Buy, 2 (11.11%) are recommending FANG as a Buy, 1 (5.56%) are recommending FANG as a Hold, 1 (5.56%) 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 2023-2024?

(NASDAQ: FANG) Diamondback Energy's forecast annual earnings growth rate of 2.03% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 5.11%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 78.57%.

Diamondback Energy's earnings in 2023 is $4,386,000,000.On average, 10 Wall Street analysts forecast FANG's earnings for 2023 to be $4,609,953,186, with the lowest FANG earnings forecast at $3,629,580,824, and the highest FANG earnings forecast at $6,170,470,991.

In 2024, FANG is forecast to generate $4,163,828,684 in earnings, with the lowest earnings forecast at $3,222,010,292 and the highest earnings forecast at $5,087,288,044.

What is FANG's revenue growth forecast for 2023-2024?

(NASDAQ: FANG) Diamondback Energy's forecast annual revenue growth rate of -6.39% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of -2.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.81%.

Diamondback Energy's revenue in 2023 is $9,643,000,000.On average, 7 Wall Street analysts forecast FANG's revenue for 2023 to be $1,657,237,046,241, with the lowest FANG revenue forecast at $1,459,359,533,170, and the highest FANG revenue forecast at $1,977,818,625,090.

In 2024, FANG is forecast to generate $1,543,582,147,828 in revenue, with the lowest revenue forecast at $1,386,657,762,490 and the highest revenue forecast at $1,711,061,875,600.

What is FANG's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: FANG) forecast ROA is 15.89%, which is lower than the forecast US Oil & Gas E&P industry average of 17.18%.

What is FANG's Price Target?

According to 17 Wall Street analysts that have issued a 1 year FANG price target, the average FANG price target is $181.35, with the highest FANG stock price forecast at $211.00 and the lowest FANG stock price forecast at $155.00.

On average, Wall Street analysts predict that Diamondback Energy's share price could reach $181.35 by Mar 8, 2024. The average Diamondback Energy stock price prediction forecasts a potential upside of 41.73% from the current FANG share price of $127.96.

What is FANG's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: FANG) Diamondback Energy's current Earnings Per Share (EPS) is $24.61. 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 2023-2024?

(NASDAQ: FANG) forecast ROE is 27.74%, which is considered strong.
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