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Diamondback (FANG): analyst forecast and price target

$204 +4.27% close 16.10.26 · market cap $55.3B · Energy · Oil & Gas Exploration & Production QQQ 0.23%SPY 0.06%
Price targets and ratings of

Analyst consensus

Strong Buy

18 Buy3 Hold0 Sell

Ratings of 21 analysts in the last 3 months

12-month forecast

$236+15.8% upside

Based on 21 price targets given in the last 3 months, the average target is $236, the highest $263, the lowest $206. The average is +15.8% from the last price of $204.

$150$200$250Jan 26AprJulOctJan 27AprJulOctHigh$263Average$236Low$206
Highest target $263 Average target $236 Lowest target $206
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% J.P. Morgan $233 → $253+8.6% Buy +24.1% Reiterated 16.10.26on TipRanks Oct 17 08:14 +5.4%
Phillip Jungwirth★★★★★★★★★★#1299 · hits 52% · avg +8.6% BMO Capital $224 Buy +9.8% Reiterated 16.10.26on TipRanks 07:25 +5.4%
Josh Silverstein★★★★★★★★★★#630 · hits 61% · avg +10.8% UBS $253 → $256+1.2% Buy +25.5% Reiterated 15.10.26on TipRanks 10:21 −1.3%next day +5.4%
Devin McDermott★★★★★★★★★★#719 · hits 59% · avg +9.9% Morgan Stanley $222 → $216−2.7% Hold +5.9% Assigned 15.10.26on TipRanks 08:35 −1.3%next day +5.4%
Mark Lear★★★★★★★★★★#1201 · hits 58% · avg +7.2% Piper Sandler $250 Buy +22.6% Initiated 14.10.26on TipRanks Oct 15 03:45 +0.7%next day −1.3%
Hanwen Chang★★★★★★★★★★#2405 · hits 56% · avg +8.6% Wells Fargo $263 Buy +29.0% Reiterated 14.10.26on TipRanks 07:00 +0.7%next day −1.3%
Scott Hanold★★★★★★★★★★#206 · hits 65% · avg +17.9% RBC Capital $240 Buy +17.7% Reiterated 13.10.26on TipRanks Oct 14 07:25 +1.6%next day +0.7%
Betty Jiang★★★★★★★★★★#3670 · hits 49% · avg +3.3% Barclays $221 Buy +8.4% Assigned 12.10.26on TipRanks 05:07 +1.6%next day +1.6%
Lloyd Byrne★★★★★★★★★★#307 · hits 58% · avg +18.7% Jefferies $205 → $215+4.9% Hold +5.4% Reiterated 11.10.26on TipRanks 15:35 +1.6%next day +1.6%
Gabriel Daoud★★★★★★★★★★#12169 · hits 41% · avg −9.8% Truist Financial — Buy — Reiterated 06.10.26on TipRanks 07:45 −0.1%next day −0.1% · 5 days +7.3%
Leo Mariani★★★★★★★★★★#39 · hits 70% · avg +27.8% Roth MKM $212 Buy +3.9% Reiterated 05.10.26on TipRanks 19:30 −0.1%next day −0.1% · 5 days +7.3%
Betty Jiang★★★★★★★★★★#3670 · hits 49% · avg +3.3% Barclays $221 Buy +8.4% Reiterated 05.10.26on TipRanks 04:55 −1.0%next day −0.1% · 5 days +5.6%
Neil Mehta★★★★★★★★★★#490 · hits 63% · avg +11.2% Goldman Sachs $220 → $215−2.3% Buy +5.4% Assigned 30.09.26on TipRanks Oct 1 05:50 +0.1%next day +0.7% · 5 days −1.6%
Leo Mariani★★★★★★★★★★#39 · hits 70% · avg +27.8% Roth MKM — Buy — Reiterated 24.09.26on TipRanks Sep 25 04:10 +1.9%next day −1.8% · 5 days −1.4%
Gabriele Sorbara★★★★★★★★★★#1092 · hits 57% · avg +7.9% Siebert Williams Shank & Co $247 → $251+1.6% Buy +23.1% Reiterated 23.09.26on TipRanks 06:55 +1.3%next day +1.9% · 5 days −0.3%
John Freeman★★★★★★★★★★#38 · hits 68% · avg +30.1% Raymond James $248 → $255+2.8% Buy +25.0% Reiterated 17.09.26on TipRanks 08:20 +0.1%next day −2.4% · 5 days −4.9%
Josh Silverstein★★★★★★★★★★#630 · hits 61% · avg +10.8% UBS $243 Buy +19.1% Reiterated 15.09.26on TipRanks Sep 14 05:55 +0.8%next day +3.3% · 5 days −9.9%
David Deckelbaum★★★★★★★★★★#1693 · hits 49% · avg +10.0% TD Cowen $259 Buy +27.0% Initiated 10.09.26on TipRanks Sep 9 17:35 +2.0%next day −1.1% · 5 days −4.7%
Scott Hanold★★★★★★★★★★#206 · hits 65% · avg +17.9% RBC Capital $240 Buy +17.7% Reiterated 20.08.26on TipRanks Aug 21 21:45 +2.0%next day −0.6% · 5 days −6.1%
Devin McDermott★★★★★★★★★★#719 · hits 59% · avg +9.9% Morgan Stanley $216 Hold +5.9% Downgrade 20.08.26on TipRanks Aug 19 09:22 −0.9%next day +2.0% · 5 days −3.8%
Neil Mehta★★★★★★★★★★#490 · hits 63% · avg +11.2% Goldman Sachs $212 → $220+3.8% Buy +7.9% Reiterated 19.08.26on TipRanks Aug 20 07:30 −0.9%next day +2.0% · 5 days −3.8%
Betty Jiang★★★★★★★★★★#3670 · hits 49% · avg +3.3% Barclays $232 → $221−4.7% Buy +8.4% Reiterated 17.08.26on TipRanks 04:55 +2.4%next day +2.5% · 5 days +0.9%
Sam Margolin★★★★★★★★★★#313 · hits 72% · avg +15.5% Wells Fargo $263 Buy +29.0% Assigned 13.08.26on TipRanks 07:00 −0.8%next day +1.7% · 5 days +7.7%
Scott Gruber★★★★★★★★★★#383 · hits 60% · avg +15.6% Citi $221 → $220−0.5% Buy +7.9% Reiterated 10.08.26on TipRanks 06:55 +5.8%next day +1.7% · 5 days +4.3%
Lloyd Byrne★★★★★★★★★★#307 · hits 58% · avg +18.7% Jefferies $200 → $205+2.5% Hold +0.5% Reiterated 09.08.26on TipRanks 09:30 +5.8%next day +1.7% · 5 days +4.3%
Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% J.P. Morgan $211 → $233+10.4% Buy +14.2% Reiterated 06.08.26on TipRanks Aug 7 08:10 +2.0%next day −1.4% · 5 days +4.6%
Pei Hwa Ho★★★★★★★★★★#741 · hits 63% · avg +19.4% DBS $222 Hold +8.9% Reiterated 05.08.26on TipRanks Aug 6 11:21 −2.8%next day +2.0% · 5 days +7.5%
Gabriel Daoud★★★★★★★★★★#12169 · hits 41% · avg −9.8% Truist Financial $220 → $224+1.8% Buy +9.8% Reiterated 05.08.26on TipRanks 08:50 −2.8%next day +2.0% · 5 days +7.5%
Stephen Richardson★★★★★★★★★★#646 · hits 63% · avg +12.1% Evercore ISI $255 Buy +25.0% Reiterated 04.08.26on TipRanks 10:22 −5.3%next day −2.8% · 5 days +5.2%
Doug Leggate★★★★★★★★★★#810 · hits 57% · avg +10.1% Wolfe Research $199 → $206+3.5% Buy +1.0% Assigned 03.08.26on TipRanks Aug 4 09:02 −3.5%next day −5.3% · 5 days −1.9%
Neal Dingmann★★★★★★★★★★#11544 · hits 41% · avg −2.5% William Blair — Buy — Reiterated 03.08.26on TipRanks 18:20 −5.3%next day −2.8% · 5 days +5.2%
Charles Minervino★★★★★★★★★★#59 · hits 71% · avg +23.0% Susquehanna $245 → $255+4.1% Buy +25.0% Reiterated 21.07.26on TipRanks Jul 23 21:16 +1.4%next day +1.7% · 5 days −3.8%
Phillip Jungwirth★★★★★★★★★★#1299 · hits 52% · avg +8.6% BMO Capital $215 Buy +5.4% Reiterated 15.07.26on TipRanks Jul 16 08:35 −0.9%next day +0.7% · 5 days +8.0%
Tim Rezvan★★★★★★★★★★#11862 · hits 40% · avg −4.8% KeyBanc $225 Buy +10.3% Reiterated 03.06.26on TipRanks Jun 4 05:15 +4.7%next day −4.0% · 5 days −2.8%
Nitin Kumar CFA★★★★★★★★★★#878 · hits 60% · avg +8.3% Mizuho Securities $220 → $240+9.1% Buy +17.7% Reiterated 27.05.26on TipRanks 06:50 −1.2%next day +0.1% · 5 days +8.7%
Bob Brackett★★★★★★★★★★#584 · hits 63% · avg +17.6% Bernstein $237 → $241+1.7% Buy +18.2% Reiterated 11.05.26on TipRanks 07:50 +3.7%next day +1.2% · 5 days +5.5%
Betty Zhang★★★★★★★★★★#2397 · hits 72% · avg +18.6% Scotiabank $195 Buy −4.4% Reiterated 05.05.26on TipRanks 07:35 −4.3%next day −6.8% · 5 days −5.9%
Kalei Akamine★★★★★★★★★★#2813 · hits 56% · avg +6.3% Bank of America Securities $202 → $208+3.0% Buy +2.0% Reiterated 27.04.26on TipRanks 10:15 +0.7%next day +2.3% · 5 days +8.4%
Unknown Analyst Gerdes Energy Research — Hold — Downgrade 25.03.26on TipRanks Mar 26 07:25 −1.1%next day +4.9% · 5 days −2.5%
Mark Lear★★★★★★★★★★#1201 · hits 58% · avg +7.2% Piper Sandler $215 → $248+15.3% Buy +21.6% Reiterated 12.03.26on TipRanks 06:10 +1.7%next day +3.6% · 5 days +8.5%
Subash Chandra★★★★★★★★★★#1262 · hits 48% · avg +10.5% Benchmark Co. $195 Hold −4.4% Downgrade 05.03.26on TipRanks 07:35 +2.5%next day +2.1% · 5 days +1.1%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Diamondback

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Leo Mariani★★★★★★★★★★Roth MKM · #39
Hits 70%329 of 471 Average return +27.8%
1 year Arun Jayaram★★★★★★★★★★J.P. Morgan · #1023
Hits 59%278 of 473 Average return +8.0%
2 years Leo Mariani★★★★★★★★★★Roth MKM · #39
Hits 70%329 of 471 Average return +27.8%

Most profitable

3 months Scott Gruber★★★★★★★★★★Citi · #383
Hits 60%287 of 482 Average return +15.6%
1 year Scott Gruber★★★★★★★★★★Citi · #383
Hits 60%287 of 482 Average return +15.6%
2 years Scott Gruber★★★★★★★★★★Citi · #383
Hits 60%287 of 482 Average return +15.6%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $233 at a price of $184 (+26.9%); now: $236 at $204 (+15.8%).

$200$220Sep 15Oct 1Oct 15Top analysts$236Average target$236Price$204

PriceAverage targetTop analysts’ target

Recommendation trend

02040604541Oct 25482Nov471Dec462Jan 26492Feb635Mar626Apr598May386Jun1364Jul1384Aug1403Sep345Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy001110
Buy593836384034
Hold864435
Sell000000

Earnings and sales forecast

Next report: 02.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $5.45 (from $3.63 to $6.53). Last quarter: $6.48.

Sales

Next quarter’s sales estimate — $4.7B (from $3.5B to $5.6B). Last quarter: $5.6B.

Best top-analyst consensus in the sector · Energy

NESRNational Energy Services Reunited
SEISolaris Energy Infrastructure
TRGPTarga Resources
VNOMViper Energy
WMBWilliams Co
About Diamondback

Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.

Data from the stock’s TipRanks forecast page, read 20 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗