Diamondback Energy, Inc. (NASDAQ:FANG) Given Average Recommendation of “Buy” by Brokerages

Shares of Diamondback Energy, Inc. (NASDAQ:FANG) have earned a consensus rating of “Buy” from the twenty-six ratings firms that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, seventeen have given a buy recommendation and five have assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $207.00.

A number of analysts have issued reports on the stock. Wall Street Zen downgraded shares of Diamondback Energy from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. Sanford C. Bernstein reduced their target price on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Scotiabank upgraded shares of Diamondback Energy to a “strong-buy” rating in a report on Friday, March 27th. Raymond James Financial boosted their target price on shares of Diamondback Energy from $210.00 to $240.00 and gave the stock a “strong-buy” rating in a report on Tuesday, March 17th. Finally, Barclays boosted their target price on shares of Diamondback Energy from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, March 16th.

Insider Transactions at Diamondback Energy

In other news, EVP Matt Zmigrosky sold 4,101 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $190.51, for a total value of $781,281.51. Following the sale, the executive vice president directly owned 56,392 shares in the company, valued at $10,743,239.92. The trade was a 6.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Teresa L. Dick sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $190.00, for a total transaction of $950,000.00. Following the completion of the sale, the chief accounting officer owned 107,755 shares in the company, valued at approximately $20,473,450. This trade represents a 4.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,217,069 shares of company stock worth $201,213,109. 0.48% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Diamondback Energy

A number of large investors have recently made changes to their positions in FANG. Flagship Harbor Advisors LLC purchased a new position in shares of Diamondback Energy during the 4th quarter worth about $25,000. Richardson Financial Services Inc. boosted its stake in shares of Diamondback Energy by 245.1% during the 4th quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock worth $26,000 after purchasing an additional 125 shares during the period. Laurel Wealth Advisors LLC purchased a new position in shares of Diamondback Energy during the 4th quarter worth about $26,000. JPL Wealth Management LLC purchased a new position in shares of Diamondback Energy during the 3rd quarter worth about $26,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of Diamondback Energy by 106.3% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company’s stock worth $28,000 after purchasing an additional 102 shares during the period. 90.01% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Diamondback Energy

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Zacks Research raised multiple quarterly and full-year EPS forecasts for FANG — including Q4 2026 to $2.49 (from $2.34), Q3 2027 to $3.11 (from $2.84), Q4 2027 to $2.53 (from $2.33) and Q1 2028 to $3.40 (from $3.24). Zacks also bumped FY2028 to $14.23 from $13.52. These upward revisions suggest stronger near-term cashflow and provide support for the stock’s valuation.
• Neutral Sentiment: Market reports note FANG has gained amid a broader market dip, reflecting relative strength vs. peers — coverage of the price action and context for the move is available here. Diamondback Energy (FANG) Rises As Market Takes a Dip: Key Facts
• Neutral Sentiment: General investor commentary on market-leading names included Diamondback in recent curated lists of top stocks to watch, which can attract attention and flows even if not a direct fundamental endorsement. 3 Market-Beating Stocks on Our Buy List
• Neutral Sentiment: Sector peer news (e.g., Viper Energy’s strong move on natural gas/LNG exposure) highlights thematic strength in Permian/energy-linked names; this can shift relative investor flows among producers and royalty/mineral players. Viper Energy’s natural gas bet could deliver outsized income as LNG demand surges

Diamondback Energy Price Performance

NASDAQ FANG traded up $0.83 on Tuesday, reaching $184.28. The company had a trading volume of 107,279 shares, compared to its average volume of 2,982,605. The company has a quick ratio of 0.40, a current ratio of 0.42 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $51.84 billion, a PE ratio of 32.81 and a beta of 0.50. The firm’s 50 day moving average price is $182.93 and its 200 day moving average price is $161.48. Diamondback Energy has a 12 month low of $127.75 and a 12 month high of $204.91.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The company had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. The business’s revenue was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.67 earnings per share. As a group, equities analysts predict that Diamondback Energy will post 16.9 earnings per share for the current year.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were issued a $1.05 dividend. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.00. The ex-dividend date was Thursday, March 5th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 2.3%. Diamondback Energy’s payout ratio is presently 74.87%.

About Diamondback Energy

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.