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Diamondback Energy

FANGNASDAQ
Logo brought to you by Benzinga Data
$179.73
-4.28-2.33%
At Close: -
$179.02
-0.71-0.40%
After Hours: Sep 6, 6:45 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$255.00
Lowest Price Target1
$154.00
Consensus Price Target1
$209.52

Diamondback Energy (NASDAQ:FANG) Stock, Analyst Ratings, Price Targets, Forecasts

Diamondback Energy Inc has a consensus price target of $209.52 based on the ratings of 24 analysts. The high is $255 issued by Truist Securities on August 7, 2024. The low is $154 issued by Benchmark on August 6, 2024. The 3 most-recent analyst ratings were released by Susquehanna, UBS, and Piper Sandler on September 4, 2024, August 20, 2024, and August 15, 2024, respectively. With an average price target of $241.33 between Susquehanna, UBS, and Piper Sandler, there's an implied 34.81% upside for Diamondback Energy Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
May
2
1
Jun
3
1
Jul
3
1
Aug
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Susquehanna
UBS
Piper Sandler
Wells Fargo
RBC Capital

1calculated from analyst ratings

Analyst Ratings for Diamondback Energy

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Diamondback Energy (FANG) stock?

A

The latest price target for Diamondback Energy (NASDAQ:FANG) was reported by Susquehanna on September 4, 2024. The analyst firm set a price target for $237.00 expecting FANG to rise to within 12 months (a possible 32.39% upside). 71 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Diamondback Energy (FANG)?

A

The latest analyst rating for Diamondback Energy (NASDAQ:FANG) was provided by Susquehanna, and Diamondback Energy maintained their positive rating.

Q

When was the last upgrade for Diamondback Energy (FANG)?

A

The last upgrade for Diamondback Energy Inc happened on February 12, 2024 when B of A Securities raised their price target to $170. B of A Securities previously had an underperform for Diamondback Energy Inc.

Q

When was the last downgrade for Diamondback Energy (FANG)?

A

The last downgrade for Diamondback Energy Inc happened on October 23, 2023 when Citigroup changed their price target from $160 to $170 for Diamondback Energy Inc.

Q

When is the next analyst rating going to be posted or updated for Diamondback Energy (FANG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Diamondback Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Diamondback Energy was filed on September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 2025.

Q

Is the Analyst Rating Diamondback Energy (FANG) correct?

A

While ratings are subjective and will change, the latest Diamondback Energy (FANG) rating was a maintained with a price target of $245.00 to $237.00. The current price Diamondback Energy (FANG) is trading at is $179.02, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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