FANG - Diamondback Energy - Stock Forecast

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

FANG is currently covered by 20 analysts with an average price target of $217.31. This is a potential upside of $35.85 (19.76%) from yesterday's end of day stock price of $181.46.

Diamondback Energy's activity chart (see below) currently has 440 price targets and 396 ratings on display. The stock rating distribution of FANG is 93.5% BUY, 2.44% SELL and 4.07% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 90.15% with an average time for these price targets to be met of 496.17 days.

Highest price target for FANG is $252, Lowest price target is $185, average price target is $217.31.

Most recent stock forecast was given by SCOTT HANOLD from RBC on 06-Nov-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, 115 are a BUY (93.5%), 3 are a SELL (2.44%), 5 are a HOLD (4.07%).

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

$210

$33.4 (18.91%)

$220

14 days ago
(06-Nov-2024)

10/14 (71.43%)

$27.02 (14.77%)

329

Buy

$195

$18.4 (10.42%)

$195

22 days ago
(29-Oct-2024)

3/6 (50%)

$19.36 (11.02%)

32

Buy

$218

$41.4 (23.44%)

$219

1 months 2 days ago
(18-Oct-2024)

8/13 (61.54%)

$34.01 (18.48%)

190

Buy

$233

$56.4 (31.94%)

$237

1 months 2 days ago
(18-Oct-2024)

13/16 (81.25%)

$49.01 (26.64%)

269

Buy

$230

$53.4 (30.24%)

$220

1 months 4 days ago
(16-Oct-2024)

21/27 (77.78%)

$47.54 (26.06%)

423

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

On average it took 496.17 days on average for the stock forecasts to be realized with a an average price target met ratio 90.15

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)?

Mark Lear with highest potential upside - $75.4

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

Gail Nicholson with lowest potential downside - -$131.6

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