S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities

Diamondback Energy (FANG) Stock Forecast & Price Target

$200.74
+1.14 (+0.57%)
(As of 04/19/2024 ET)

Diamondback Energy Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 20 Analyst Ratings

Analysts' Consensus Price Target

$196.95
-1.89% Downside
High Forecast$255.00
Average Forecast$196.95
Low Forecast$129.00
TypeCurrent Forecast
4/21/23 to 4/20/24
1 Month Ago
3/22/23 to 3/21/24
3 Months Ago
1/21/23 to 1/21/24
1 Year Ago
4/21/22 to 4/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
14 Buy rating(s)
13 Buy rating(s)
14 Buy rating(s)
19 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$196.95$186.00$177.59$178.18
Predicted Upside-1.89% Downside12.80% Upside15.60% Upside24.82% Upside
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FANG Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FANG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Diamondback Energy Stock vs. The Competition

TypeDiamondback EnergyOils/Energy CompaniesS&P 500
Consensus Rating Score
2.75
2.55
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-1.89% Downside427.80% Upside11.92% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/19/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$227.00 ➝ $247.00+22.25%
4/15/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$186.00 ➝ $184.00-11.29%
4/11/2024Scotiabank
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 Boost TargetSector Outperform ➝ Sector Outperform$210.00 ➝ $255.00+24.93%
4/11/2024Mizuho
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 Boost TargetBuy ➝ Buy$200.00 ➝ $217.00+5.22%
4/10/2024Barclays
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 Initiated CoverageEqual Weight$214.00+4.12%
4/5/2024Truist Financial
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 Lower TargetBuy ➝ Buy$250.00 ➝ $248.00+21.71%
3/25/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$185.00 ➝ $215.00+10.43%
3/22/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$192.00 ➝ $224.00+15.24%
3/21/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$186.00 ➝ $210.00+8.86%
3/4/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$195.00+8.47%
2/14/2024UBS Group
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 Boost TargetBuy ➝ Buy$183.00 ➝ $200.00+18.69%
2/13/2024Susquehanna
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 Boost TargetPositive ➝ Positive$190.00 ➝ $195.00+17.28%
2/13/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$167.00 ➝ $175.00+5.43%
2/12/2024Bank of America
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 UpgradeUnderperform ➝ Neutral$129.00 ➝ $170.00+2.32%
1/24/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$190.00 ➝ $185.00+20.86%
1/18/2024Bank Of America (Bofa)
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 Lower TargetUnderperform ➝ Underperform$147.00 ➝ $129.00-13.93%
11/22/2023Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$190.00 ➝ $189.00+24.02%
10/23/2023Citigroup
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 DowngradeBuy ➝ Neutral$160.00 ➝ $170.00+2.11%
10/12/2023Benchmark
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 Reiterated RatingBuy ➝ Buy$154.00-4.53%
4/21/2023The Goldman Sachs Group
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 Boost TargetBuy$142.00 ➝ $163.00+15.53%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:04 AM ET.

FANG Price Target - Frequently Asked Questions

What is Diamondback Energy's consensus rating and price target?

According to the issued ratings of 20 analysts in the last year, the consensus rating for Diamondback Energy stock is Moderate Buy based on the current 1 sell rating, 4 hold ratings, 14 buy ratings and 1 strong buy rating for FANG. The average twelve-month price prediction for Diamondback Energy is $196.95 with a high price target of $255.00 and a low price target of $129.00. Learn more on FANG's analyst rating history.

Do Wall Street analysts like Diamondback Energy more than its competitors?

Analysts like Diamondback Energy more than other Oils/Energy companies. The consensus rating score for Diamondback Energy is 2.75 while the average consensus rating score for oils/energy companies is 2.55. Learn more on how FANG compares to other companies.

Is Diamondback Energy being upgraded by Wall Street analysts?

Over the previous 90 days, Diamondback Energy's stock had 1 upgrade by analysts.

Does Diamondback Energy's stock price have much upside?

According to analysts, Diamondback Energy's stock has a predicted upside of 9.97% based on their 12-month stock forecasts.

What analysts cover Diamondback Energy?

Stock Ratings Reports and Tools

This page (NASDAQ:FANG) was last updated on 4/20/2024 by MarketBeat.com Staff

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