Seeing Is Believing
FANG is currently covered by 19 analysts with an average price target of $192.03. This is a potential upside of $37.09 (23.94%) from yesterday's end of day stock price of $154.94.
Diamondback Energy's activity chart (see below) currently has 455 price targets and 400 ratings on display. The stock rating distribution of FANG is 94.12% BUY, 4.2% HOLD and 1.68% SELL.
Analysts average stock forecasts to be materialized ratio is 90.09% with an average time for these price targets to be met of 497.41 days.
Highest price target for FANG is $233, Lowest price target is $185, average price target is $192.03.
Most recent stock forecast was given by ROGER READ from WELLS FARGO on 17-Dec-2024. First documented stock forecast 11-Jun-2013.
Diamondback Energy specializes in onshore oil and gas exploration and development in the Permian Basin, one of the world’s largest producers including Spraberry and Wolfcamp formations in West Texas. Diamondback owns and operates midstream infrastructure assets, including crude oil and natural gas gathering pipelines, and an integrated water system.
Since its founding in 2007, Diamondback Energy has become a leading company in the industry.
Diamondback Energy’s fame can be attributed to its focus on acquiring and developing high-quality assets in the highly productive Permian Basin. The company also leverages advanced drilling techniques to maximize production and profitability. With remarkable growth, its production increased from 2,500 BOE/D in 2012 to over 300,000 BOE/D in 2021.
Currently out of the existing stock ratings of FANG, 112 are a BUY (94.12%), 5 are a HOLD (4.2%), 2 are a SELL (1.68%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$219
$64.06 (41.35%)
$218
4 days ago
(17-Dec-2024)
8/14 (57.14%)
$62.11 (39.59%)
190
Buy
$232
$77.06 (49.74%)
$252
4 days ago
(17-Dec-2024)
26/34 (76.47%)
$75.11 (47.87%)
594
Buy
$207
$52.06 (33.60%)
$222
5 days ago
(16-Dec-2024)
20/23 (86.96%)
$46 (28.57%)
740
Buy
$227
$72.06 (46.51%)
$160
19 days ago
(02-Dec-2024)
3/4 (75%)
$52.67 (30.21%)
232
Buy
$210
$55.06 (35.54%)
$220
1 months 15 days ago
(06-Nov-2024)
10/14 (71.43%)
$27.02 (14.77%)
329
What is FANG (Diamondback Energy) average time for price targets to be met?
Which analyst has the current highest performing score on FANG (Diamondback Energy) with a proven track record?
Which analyst has the most public recommendations on FANG (Diamondback Energy)?
Which analyst is the currently most bullish on FANG (Diamondback Energy)?
Which analyst is the currently most reserved on FANG (Diamondback Energy)?