Diamondback Energy (NASDAQ:FANG) Price Target Lowered to $215.00 at Piper Sandler

Diamondback Energy (NASDAQ:FANG) had its target price cut by Piper Sandler from $218.00 to $215.00 in a report released on Thursday,Benzinga reports. They currently have an overweight rating on the oil and natural gas company’s stock.

A number of other equities research analysts have also recently weighed in on FANG. Wall Street Zen cut Diamondback Energy from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. Citigroup reduced their price objective on shares of Diamondback Energy from $180.00 to $178.00 and set a “buy” rating for the company in a research report on Tuesday, January 6th. Jefferies Financial Group reaffirmed a “hold” rating and set a $173.00 target price on shares of Diamondback Energy in a research report on Monday, January 19th. TD Cowen upgraded shares of Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Finally, Morgan Stanley cut their target price on shares of Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $189.00.

Diamondback Energy Trading Up 1.3%

Diamondback Energy stock opened at $179.04 on Thursday. The company has a market cap of $50.50 billion, a P/E ratio of 31.91 and a beta of 0.59. Diamondback Energy has a 1 year low of $114.00 and a 1 year high of $183.36. The firm’s 50-day moving average is $160.56 and its 200-day moving average is $150.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42.

Diamondback Energy (NASDAQ:FANG) last issued its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The company had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. The business’s revenue was down 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.67 earnings per share. On average, equities analysts expect that Diamondback Energy will post 15.49 earnings per share for the current year.

Diamondback Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, March 5th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio (DPR) is presently 71.30%.

Insider Activity at Diamondback Energy

In other news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the transaction, the insider owned 98,686,727 shares in the company, valued at $16,074,094,093.76. This represents a 1.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Charles Alvin Meloy sold 60,605 shares of Diamondback Energy stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the completion of the sale, the director directly owned 982,006 shares of the company’s stock, valued at approximately $158,220,806.72. The trade was a 5.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Diamondback Energy

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Diamondback Energy by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 23,325,287 shares of the oil and natural gas company’s stock valued at $3,204,894,000 after acquiring an additional 388,512 shares during the last quarter. Boston Partners boosted its position in Diamondback Energy by 2.9% during the third quarter. Boston Partners now owns 5,733,538 shares of the oil and natural gas company’s stock worth $821,649,000 after purchasing an additional 163,548 shares during the period. Geode Capital Management LLC boosted its position in Diamondback Energy by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 5,621,120 shares of the oil and natural gas company’s stock worth $844,073,000 after purchasing an additional 14,625 shares during the period. Bank of New York Mellon Corp grew its holdings in Diamondback Energy by 11.5% during the fourth quarter. Bank of New York Mellon Corp now owns 5,159,365 shares of the oil and natural gas company’s stock valued at $775,607,000 after purchasing an additional 532,756 shares during the last quarter. Finally, Capital Research Global Investors raised its position in shares of Diamondback Energy by 14.1% in the fourth quarter. Capital Research Global Investors now owns 4,332,885 shares of the oil and natural gas company’s stock valued at $651,363,000 after purchasing an additional 534,073 shares during the period. 90.01% of the stock is currently owned by institutional investors.

Key Diamondback Energy News

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

• Positive Sentiment: UBS raised its price target to $216 and kept a “buy” rating, implying about a 20.6% upside from the current level. UBS Raises Target
• Positive Sentiment: Barclays bumped its target to $185 and retains an “overweight” view, providing incremental analyst support. Barclays Raises Target
• Positive Sentiment: TD Cowen (via TipRanks) reiterated a Buy and $195 target, citing disciplined growth and low breakeven economics that support upside. TD Cowen Note
• Positive Sentiment: Sector momentum: coverage highlights Diamondback as a top energy name to watch amid 2026’s energy rally and stronger LNG dynamics — a tailwind for sentiment. Benzinga Rally Piece
• Positive Sentiment: Macro driver: Zacks flags oil above $75 and names FANG among four players to watch, reinforcing commodity-driven upside potential. Zacks Oil Story
• Neutral Sentiment: Piper Sandler slightly trimmed its target from $218 to $215 but left an “overweight” rating — a modest calibration rather than a directional change. Piper Sandler Adjustment
• Neutral Sentiment: Reported short interest data shows zero shares (and a 0.0 days-to-cover figure), which appears anomalous and is unlikely to be meaningful until reconciled.
• Negative Sentiment: Benchmark downgraded FANG from “buy” to “hold,” removing some bullish conviction and adding a near-term headwind to sentiment. Benchmark Downgrade
• Negative Sentiment: Barron’s highlights recent downgrades within energy despite rising oil — a cautionary note that some analysts see limited further upside after the sector’s rally. Barron’s Downgrade Roundup

Diamondback Energy Company Profile

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.