Diamondback Energy, Inc. (NASDAQ:FANG) Given Consensus Rating of "Buy" by Analysts

Key Points

• Diamondback Energy has a consensus analyst rating of “Buy”, with 17 buy ratings, 5 strong buys, and 4 holds across 26 covering firms. The average 12-month price target is $215.70.
• The company beat first-quarter earnings and revenue expectations, reporting EPS of $4.23 versus $3.74 expected and revenue of $4.24 billion versus $3.83 billion forecast. It also raised its 2026 production guidance and increased its quarterly dividend by 5% to $1.10 per share.
• Several analysts turned more optimistic after the results, including Barclays, which raised its target to $225, and Scotiabank, which lifted its FY2026 EPS estimate. Despite the positive outlook, insiders sold shares in recent months, and the stock was trading near $188.70, below some higher price targets.

Shares of Diamondback Energy, Inc. (NASDAQ:FANG - Get Free Report) have been assigned a consensus rating of "Buy" from the twenty-six research firms that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and five have assigned a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $215.70.

Several equities analysts have recently weighed in on FANG shares. Scotiabank increased their price target on Diamondback Energy from $175.00 to $195.00 and gave the company a "sector outperform" rating in a report on Wednesday, April 22nd. TD Cowen raised Diamondback Energy to a "strong-buy" rating in a report on Monday, February 9th. Wall Street Zen raised Diamondback Energy from a "sell" rating to a "hold" rating in a report on Saturday. Jefferies Financial Group reissued a "hold" rating and set a $173.00 price target on shares of Diamondback Energy in a report on Monday, January 19th. Finally, Susquehanna increased their price target on Diamondback Energy from $231.00 to $245.00 and gave the company a "positive" rating in a report on Wednesday.

Diamondback Energy News Summary

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

• Positive Sentiment: Diamondback Energy beat Q1 earnings and revenue estimates, boosted 2026 production guidance, and raised its dividend by 5%, signaling stronger operating momentum and returning more cash to shareholders. Diamondback Energy Q1 Earnings Beat Estimates, Dividend Raised
• Positive Sentiment: Barclays raised its price target on FANG to $225 from $190 and kept an Overweight rating after the company’s Q1 report, citing stronger-than-expected production. Barclays Raises its Price Target on Diamondback (FANG) to $225
• Positive Sentiment: Scotiabank lifted FY2026 EPS estimates to $20.60 from $18.60 while maintaining a Sector Outperform rating, reinforcing the view that earnings power remains solid. Diamondback Energy Q1 Earnings Beat Estimates, Dividend Raised
• Neutral Sentiment: Several articles compared Diamondback’s year-to-date performance with other energy stocks and highlighted its low-beta profile, which may appeal to investors seeking steadier exposure during market volatility. Is Diamondback Energy (FANG) Outperforming Other Oils-Energy Stocks This Year?
• Negative Sentiment: Scotiabank also trimmed its FY2027 EPS estimate to $14.35 from $14.50, a small caution that longer-term earnings growth could normalize after the strong near-term outlook. Diamondback Energy Q1 Earnings Beat Estimates, Dividend Raised

Diamondback Energy Trading Down 0.9%

Shares of FANG stock opened at $188.70 on Friday. The firm's 50 day moving average is $188.80 and its 200 day moving average is $165.63. The stock has a market capitalization of $53.08 billion, a P/E ratio of 219.42 and a beta of 0.46. The company has a current ratio of 0.56, a quick ratio of 0.40 and a debt-to-equity ratio of 0.31. Diamondback Energy has a 12-month low of $132.20 and a 12-month high of $214.51.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, beating the consensus estimate of $3.74 by $0.49. The firm had revenue of $4.24 billion for the quarter, compared to analysts' expectations of $3.83 billion. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.The company's revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.54 EPS. Research analysts expect that Diamondback Energy will post 18.84 earnings per share for the current year.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Thursday, May 14th will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.3%. This is a positive change from Diamondback Energy's previous quarterly dividend of $1.05. The ex-dividend date is Thursday, May 14th. Diamondback Energy's dividend payout ratio (DPR) is presently 488.37%.

Insider Activity at Diamondback Energy

In related news, CAO Teresa L. Dick sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $190.00, for a total transaction of $950,000.00. Following the completion of the sale, the chief accounting officer directly owned 107,755 shares in the company, valued at approximately $20,473,450. The trade was a 4.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Jere W. Thompson III sold 750 shares of the business's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $182.47, for a total transaction of $136,852.50. Following the sale, the chief financial officer owned 19,975 shares of the company's stock, valued at $3,644,838.25. This trade represents a 3.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 156,464 shares of company stock valued at $28,568,431 in the last three months. Corporate insiders own 0.64% of the company's stock.

Institutional Trading of Diamondback Energy

Several large investors have recently added to or reduced their stakes in FANG. Wellington Management Group LLP grew its position in Diamondback Energy by 74.1% during the fourth quarter. Wellington Management Group LLP now owns 3,239,837 shares of the oil and natural gas company's stock valued at $487,045,000 after buying an additional 1,379,010 shares during the period. EnCap Energy Capital Fund XII L.P. bought a new stake in Diamondback Energy during the fourth quarter valued at approximately $169,342,000. Smead Capital Management Inc. bought a new stake in Diamondback Energy during the second quarter valued at approximately $144,775,000. Capital Research Global Investors grew its position in Diamondback Energy by 38.0% during the third quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company's stock valued at $543,610,000 after buying an additional 1,046,398 shares during the period. Finally, Encompass Capital Advisors LLC bought a new stake in Diamondback Energy during the fourth quarter valued at approximately $112,198,000. 90.01% of the stock is currently owned by institutional investors.

About Diamondback Energy

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.

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