Diamondback Energy, Inc. (NASDAQ:FANG) Stock Has Consensus Target Price of $228.43 According to Brokerages

Posted by Geri Gentry on Nov 3rd, 2026

Diamondback Energy, Inc. (NASDAQ:FANG – Get Free Report) has received an average recommendation of “Moderate Buy” from the thirty-one ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, twenty-four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $228.43.

A number of brokerages have weighed in on FANG. The Goldman Sachs Group decreased their price objective on Diamondback Energy from $220.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, October 1st. Jefferies Financial Group reiterated a “hold” rating and issued a $215.00 target price (up from $205.00) on shares of Diamondback Energy in a research report on Sunday, October 11th. Capital One Financial increased their target price on shares of Diamondback Energy from $272.00 to $283.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. UBS Group raised their price target on shares of Diamondback Energy from $243.00 to $253.00 and gave the stock a “buy” rating in a research note on Monday, September 14th. Finally, Scotiabank assumed coverage on shares of Diamondback Energy in a research report on Wednesday, October 14th. They set a “sector outperform” rating and a $250.00 price target on the stock.

View Our Latest Stock Analysis on FANG

Key Diamondback Energy News

Here are the key news stories impacting Diamondback Energy this week:

Positive Sentiment: Third-quarter results exceeded expectations. Adjusted earnings were $5.86 per share, above the $5.72 FactSet consensus and the $4.92 Zacks estimate. Revenue rose 38.4% year over year to $5.43 billion, well ahead of the $4.60 billion analyst estimate. Diamondback Energy Beats Q3 Earnings and Revenue Estimates
Positive Sentiment: Profitability and production momentum improved. Quarterly profit increased to $1.6 billion from $1.02 billion a year earlier, supported by higher output and elevated oil prices amid Middle East-related supply disruptions. Diamondback also raised its production targets again. Diamondback Energy Beats Third-Quarter Profit Estimates
Positive Sentiment: Capital returns and cash generation were substantial. Diamondback generated $2.1 billion of free cash flow, increased its annual base dividend 7.3% to $4.72 per share, repurchased approximately $251 million of stock, and bought back a portion of its long-term debt. Diamondback Energy Announces Third-Quarter Results and Increases Base Dividend
Neutral Sentiment: Viper Energy, a Diamondback subsidiary, also reported strong third-quarter results, including $300 million of net income and $596 million of adjusted EBITDA, supporting the value of Diamondback’s broader asset portfolio. Viper Energy Reports Third-Quarter Results
Negative Sentiment: The stock decreased despite the earnings beat. The reported results may have been largely anticipated, while investors could be weighing commodity-price volatility, elevated valuation, and the sustainability of earnings that benefited from unusually strong oil prices. The available reports did not identify a specific operational disappointment.

Diamondback Energy Stock Down 5.8%

Shares of NASDAQ FANG opened at $199.74 on Friday. The company’s 50-day simple moving average is $197.16 and its 200-day simple moving average is $189.30. Diamondback Energy has a 52-week low of $137.03 and a 52-week high of $216.90. The firm has a market cap of $55.93 billion, a price-to-earnings ratio of 13.28 and a beta of 0.55. The company has a quick ratio of 0.45, a current ratio of 0.47 and a debt-to-equity ratio of 0.25.

Diamondback Energy (NASDAQ:FANG – Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The oil and natural gas company reported $5.86 earnings per share for the quarter, topping the consensus estimate of $5.72 by $0.14. The firm had revenue of $5.43 billion during the quarter, compared to the consensus estimate of $4.60 billion. Diamondback Energy had a net margin of 8.58% and a return on equity of 10.10%. The company’s revenue for the quarter was up 38.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.08 EPS. Equities analysts predict that Diamondback Energy will post 21.49 EPS for the current fiscal year.

Insider Transactions at Diamondback Energy

In other Diamondback Energy news, Director Travis D. Stice sold 75,000 shares of the stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $204.31, for a total value of $15,323,250.00. Following the sale, the director owned 49,727 shares of the company’s stock, valued at $10,159,723.37. This trade represents a 60.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Charles Meloy sold 33,333 shares of Diamondback Energy stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $183.74, for a total transaction of $6,124,605.42. Following the completion of the transaction, the director owned 759,864 shares of the company’s stock, valued at $139,617,411.36. This represents a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Asset One Wealth Management LLC boosted its stake in Diamondback Energy by 9.0% in the 3rd quarter. Asset One Wealth Management LLC now owns 18,523 shares of the oil and natural gas company’s stock valued at $3,405,000 after buying an additional 1,533 shares in the last quarter. International Assets Investment Management LLC raised its position in Diamondback Energy by 7.9% in the 3rd quarter. International Assets Investment Management LLC now owns 1,426 shares of the oil and natural gas company’s stock valued at $265,000 after purchasing an additional 105 shares during the last quarter. Alta Advisers Ltd bought a new position in Diamondback Energy in the 3rd quarter valued at $261,000. Kestra Advisory Services LLC boosted its stake in Diamondback Energy by 7.7% in the third quarter. Kestra Advisory Services LLC now owns 37,241 shares of the oil and natural gas company’s stock worth $6,845,000 after purchasing an additional 2,650 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in Diamondback Energy by 2.2% in the third quarter. Chicago Partners Investment Group LLC now owns 4,587 shares of the oil and natural gas company’s stock worth $944,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy Company Profile

(Get Free Report)

Diamondback Energy, Inc is an independent oil and natural gas company engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves. The company’s operations are concentrated in the Permian Basin of West Texas and southeastern New Mexico, particularly the Midland and Delaware Basins.

Diamondback produces crude oil, natural gas and natural gas liquids from horizontal wells and related infrastructure. Its activities include drilling and completing wells, operating gathering and processing assets, and managing midstream services that support production.