FANG - Diamondback Energy - Stock Forecast

Energy - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

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.

Stock Analyst Price Targets - Review

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.

What is Diamondback Energy?

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.

What Made Diamondback Energy grow?

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

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What is FANG (Diamondback Energy) average time for price targets to be met?

On average it took 497.41 days on average for the stock forecasts to be realized with a an average price target met ratio 90.09

Which analyst has the current highest performing score on FANG (Diamondback Energy) with a proven track record?

KASHY HARRISON

Which analyst has the most public recommendations on FANG (Diamondback Energy)?

Kashy Harrison works at PIPER SANDLER and has 13 price targets and 8 ratings on FANG

Which analyst is the currently most bullish on FANG (Diamondback Energy)?

Biju Perincheril with highest potential upside - $78.06

Which analyst is the currently most reserved on FANG (Diamondback Energy)?

Gail Nicholson with lowest potential downside - -$109.94

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