Diamondback Energy (NASDAQ:FANG) Stock Rating Upgraded by Roth Mkm

Posted by Geri Gentry on Jun 23rd, 2026

Diamondback Energy (NASDAQ:FANG – Get Free Report) was upgraded by investment analysts at Roth Mkm from a “hold” rating to a “strong-buy” rating in a research report issued on Sunday,Zacks.com reports.

Several other equities analysts have also weighed in on the company. Benchmark lowered Diamondback Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Diamondback Energy in a research note on Wednesday, May 27th. Wall Street Zen raised Diamondback Energy from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial set a $242.00 target price on Diamondback Energy in a report on Wednesday, May 6th. Finally, KeyCorp boosted their target price on Diamondback Energy from $196.00 to $225.00 and gave the stock an “overweight” rating in a report on Thursday, April 2nd. Five investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Diamondback Energy currently has a consensus rating of “Buy” and a consensus target price of $221.37.

View Our Latest Research Report on FANG

Diamondback Energy Stock Up 2.3%

Diamondback Energy stock opened at $187.80 on Friday. The company has a market capitalization of $52.83 billion, a P/E ratio of 218.37 and a beta of 0.42. The firm’s fifty day simple moving average is $195.06 and its 200-day simple moving average is $177.02. The company has a current ratio of 0.56, a quick ratio of 0.55 and a debt-to-equity ratio of 0.31. Diamondback Energy has a 1-year low of $134.30 and a 1-year high of $214.51.

Diamondback Energy (NASDAQ:FANG – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.74 by $0.49. The business had revenue of $4.24 billion during the quarter, compared to analyst estimates of $3.83 billion. Diamondback Energy had a net margin of 1.87% and a return on equity of 7.76%. Diamondback Energy’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.54 EPS. Sell-side analysts forecast that Diamondback Energy will post 19.92 earnings per share for the current fiscal year.

Insider Activity at Diamondback Energy

In other news, Director Mark Lawrence Plaumann sold 500 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $196.50, for a total transaction of $98,250.00. Following the completion of the transaction, the director owned 13,437 shares of the company’s stock, valued at approximately $2,640,370.50. This represents a 3.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Matt Zmigrosky sold 5,000 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $200.54, for a total transaction of $1,002,700.00. Following the transaction, the executive vice president directly owned 46,392 shares of the company’s stock, valued at $9,303,451.68. This represents a 9.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 121,548 shares of company stock valued at $23,146,460 in the last quarter. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Diamondback Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in FANG. Dimensional Fund Advisors LP raised its stake in shares of Diamondback Energy by 9.2% in the third quarter. Dimensional Fund Advisors LP now owns 2,355,480 shares of the oil and natural gas company’s stock valued at $337,078,000 after acquiring an additional 198,919 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Diamondback Energy by 18.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 139,308 shares of the oil and natural gas company’s stock worth $20,942,000 after acquiring an additional 21,575 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Diamondback Energy by 4.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,441,622 shares of the oil and natural gas company’s stock valued at $216,719,000 after purchasing an additional 56,194 shares in the last quarter. Eagle Global Advisors LLC acquired a new stake in Diamondback Energy during the 4th quarter valued at $5,472,000. Finally, QSM Asset Management Ltd increased its holdings in Diamondback Energy by 100.0% during the 4th quarter. QSM Asset Management Ltd now owns 61,000 shares of the oil and natural gas company’s stock valued at $9,170,000 after purchasing an additional 30,500 shares in the last quarter. 90.01% of the stock is currently owned by institutional investors.

About Diamondback Energy

(Get Free Report)

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.