Diamondback Energy Inc (FANG) Stock Forecast & Price Target
Diamondback Energy Inc · NASDAQ
$202.71+3.06 (+1.53%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 19 firms covering Diamondback Energy Inc, 15 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $195.00 to $263.00, so the covering firms are broadly aligned. The average target of $230.06 sits 13% above the current $202.71. The rating mix has stayed broadly stable, with Buy-side ratings easing from 18 to 15 over recent months. On the fundamentals, the Street sees consensus EPS building from about $4.89 next quarter toward $18.08 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS19 ratings
Strong Buy
Strong Buy15%
Buy1474%
Hold421%
Sell00%
Strong Sell00%
Based on 19 analysts giving stock ratings to Diamondback Energy Inc.
As of Sep, 15 of 19 firms rate FANG a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FANG EPS & revenue forecast
EPS · NEXT QUARTER
$4.89
Range $2.95 – $6.42 · 24 analysts · +181% YoY
Next period, 24 analysts expect Diamondback Energy Inc to earn $4.89 a share (range $2.95 – $6.42), versus $1.74 a year earlier. Full-year consensus is $20.45, growing to $18.08 the year after.
REVENUE · NEXT QUARTER
$4.5B
Range $4.0B – $5.5B · 24 analysts · +33% YoY
Revenue is expected to reach $4.5B (range $4.0B – $5.5B), +33.2% year-over-year. Full-year consensus is $18.5B, rising to $17.2B next year.
Top analysts covering Diamondback Energy Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FANG.
#1
Scott Gruber
Citigroup · Rank #16
Buy
$220.00+8.5% to target
Overall win rate
59%
+ Follow
#2
Roger Read
Wells Fargo · Rank #28
Buy
$208.00+2.6% to target
Overall win rate
49%
+ Follow
#3
Devin McDermott
Morgan Stanley · Rank #52
Hold
$216.00+6.6% to target
Overall win rate
51%
+ Follow
#4
Neil Mehta
Goldman Sachs · Rank #78
Buy
$212.00+4.6% to target
Overall win rate
42%
+ Follow
#5
Mark Lear
Piper Sandler · Rank #161
Buy
$248.00+22.3% to target
Overall win rate
47%
+ Follow
FANG stock forecast FAQ
What is FANG's average 12-month price target?+
The 17 analysts with a live target average $230.06 for Diamondback Energy Inc over the next 12 months, ranging from a $263.00 high to a $195.00 low.
Is FANG stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 19 analyst ratings, 15 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FANG?+
The Street-high target is $263.00 (Wells Fargo), and the Street-low is $195.00 (Scotiabank). The average of all 17 active targets is $230.06.
How many Wall Street analysts cover FANG?+
19 analysts have an active rating on Diamondback Energy Inc, and 17 firms carry a live 12-month price target.
Who is the most accurate analyst covering FANG?+
Among analysts who currently cover FANG, Scott Gruber of Citigroup has the strongest overall Quantellect track record (Rank #16). Their current call is Buy with a $220.00 target.
What is Diamondback Energy Inc's projected EPS for next quarter?+
The consensus estimate is $4.89 per share (range $2.95 – $6.42) across 24 analysts. Full-year EPS is projected at $20.45, rising to $18.08 the following year.
How much revenue is Diamondback Energy Inc expected to report next quarter?+
Consensus revenue is $4.5B (range $4.0B – $5.5B). Full-year revenue is projected at $18.5B, growing to $17.2B next year.
Have analysts been upgrading or downgrading FANG lately?+
As of Sep, 15 of 19 firms rate FANG a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FANG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
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