Diamondback Energy, Inc. (NASDAQ:FANG) Receives $222.30 Average Price Target from Analysts

Shares of Diamondback Energy, Inc. (NASDAQ:FANG) have been given a consensus recommendation of “Moderate Buy” by the twenty-five analysts that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation, sixteen have given a buy recommendation and four have given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $222.2105.

FANG has been the topic of several research analyst reports. Morgan Stanley lowered shares of Diamondback Energy from an “overweight” rating to an “equal weight” rating and set a $216.00 price objective on the stock. in a research report on Wednesday. Mizuho lifted their target price on shares of Diamondback Energy from $220.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Raymond James Financial reiterated a “strong-buy” rating and issued a $248.00 price target on shares of Diamondback Energy in a research note on Friday, July 31st. Weiss Ratings raised shares of Diamondback Energy from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 31st. Finally, Roth Capital set a $212.00 price objective on shares of Diamondback Energy and gave the stock a “buy” rating in a research report on Monday, June 22nd.

Insider Transactions at Diamondback Energy

In related news, Director Charles Alvin Meloy sold 83,334 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $187.12, for a total value of $15,593,458.08. Following the completion of the sale, the director directly owned 851,530 shares in the company, valued at $159,338,293.60. The trade was a 8.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Teresa L. Dick sold 7,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $200.90, for a total value of $1,406,300.00. Following the completion of the sale, the chief accounting officer owned 85,755 shares of the company’s stock, valued at $17,228,179.50. This trade represents a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 129,167 shares of company stock worth $24,714,309 in the last ninety days. 0.64% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Diamondback Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new position in shares of Diamondback Energy in the fourth quarter valued at about $26,000. Cedar Mountain Advisors LLC acquired a new stake in Diamondback Energy in the 1st quarter worth about $26,000. JPL Wealth Management LLC bought a new stake in Diamondback Energy in the 3rd quarter valued at about $26,000. Wellington Shields & Co. LLC boosted its holdings in Diamondback Energy by 264.7% in the 4th quarter. Wellington Shields & Co. LLC now owns 186 shares of the oil and natural gas company’s stock valued at $28,000 after purchasing an additional 135 shares during the period. Finally, Meeder Asset Management Inc. bought a new stake in Diamondback Energy in the 2nd quarter valued at about $28,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy Stock Down 0.7%

FANG stock opened at $208.55 on Monday. Diamondback Energy has a 1-year low of $134.30 and a 1-year high of $214.51. The business’s 50 day simple moving average is $191.03 and its 200 day simple moving average is $188.74. The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $58.40 billion, a PE ratio of 40.65 and a beta of 0.43.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings results on Monday, August 3rd. The oil and natural gas company reported $6.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.08 by $0.40. Diamondback Energy had a return on equity of 10.10% and a net margin of 8.58%.The business had revenue of $5.56 billion during the quarter, compared to the consensus estimate of $4.89 billion. During the same quarter last year, the firm posted $2.38 EPS. The company’s quarterly revenue was up 51.2% on a year-over-year basis. As a group, research analysts anticipate that Diamondback Energy will post 19.3 EPS for the current year.

Diamondback Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 13th will be given a $1.10 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $4.40 annualized dividend and a dividend yield of 2.1%. Diamondback Energy’s dividend payout ratio is presently 85.77%.

Diamondback Energy News Summary

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

• Positive Sentiment: Morgan Stanley reaffirmed its Equal Weight rating but raised or maintained a $216 price target, implying modest upside from the referenced price. The target provides some support, though the neutral rating limits the bullish signal. Morgan Stanley rating report
• Positive Sentiment: Zacks Research increased its FY2028 EPS forecast to $15.37 from $14.83, suggesting potential longer-term earnings improvement. Diamondback Energy valuation and pipeline venture article
• Neutral Sentiment: Analysts continue to rate FANG Hold or Equal Weight, indicating neither a strong bullish nor bearish consensus. Diamondback’s Permian-to-Katy gas pipeline strategy and participation in the Solitude Pipeline venture could broaden its midstream exposure, but the investment benefits remain dependent on execution and future cash flows. Diamondback Permian-to-Katy gas pipeline article
• Negative Sentiment: Zacks Research cut several near- and medium-term forecasts: Q3 2026 EPS to $2.70 from $4.32, Q4 2026 to $3.11 from $4.19, FY2026 to $16.52 from $18.11, FY2027 to $14.95 from $16.42, Q4 2027 to $3.08 from $3.87, and Q1 2028 to $3.12 from $3.57. Additional reductions affected Q2 and Q3 2027 estimates. These revisions outweigh the isolated FY2028 increase and are likely pressuring the stock.

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.