Several analysts have recently updated their ratings and price targets for Diamondback Energy (NASDAQ: FANG):
- 11/4/2026 – Diamondback Energy had its price target raised by UBS Group from $256.00 to $260.00. They now have a “buy” rating on the stock.
- 11/4/2026 – Diamondback Energy had its price target raised by Truist Financial from $224.00 to $232.00. They now have a “buy” rating on the stock.
- 11/4/2026 – Diamondback Energy had its price target lowered by Wells Fargo & Company from $263.00 to $244.00. They now have an “overweight” rating on the stock.
- 11/3/2026 – Diamondback Energy was given a new $259.00 price target by Stifel Nicolaus.
- 10/19/2026 – Diamondback Energy was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 10/15/2026 – Diamondback Energy had its price target raised by Morgan Stanley from $216.00 to $222.00. They now have an “equal weight” rating on the stock.
- 10/14/2026 – Diamondback Energy is now covered by Scotiabank. They set a “sector outperform” rating and a $250.00 price target on the stock.
- 10/14/2026 – Diamondback Energy had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $240.00 price target on the stock.
- 10/13/2026 – Diamondback Energy had its “outperform” rating reaffirmed by Stephens.
- 10/11/2026 – Diamondback Energy had its “hold” rating reaffirmed by Jefferies Financial Group. They now have a $215.00 price target on the stock, up from $205.00.
- 10/2/2026 – Diamondback Energy had its price target raised by BMO Capital Markets from $215.00 to $224.00. They now have an “outperform” rating on the stock.
- 10/1/2026 – Diamondback Energy had its price target lowered by The Goldman Sachs Group from $220.00 to $215.00. They now have a “buy” rating on the stock.
- 9/17/2026 – Diamondback Energy was given a new $255.00 price target by Stephens.
- 9/17/2026 – Diamondback Energy had its “strong-buy” rating reaffirmed by Raymond James Financial.
- 9/17/2026 – Diamondback Energy had its price target raised by Raymond James Financial from $248.00 to $255.00. They now have a “strong-buy” rating on the stock.
- 9/14/2026 – Diamondback Energy had its price target raised by UBS Group from $243.00 to $253.00. They now have a “buy” rating on the stock.
- 9/13/2026 – Diamondback Energy was upgraded by Wall Street Zen from “hold” to “buy”.
- 9/10/2026 – Diamondback Energy is now covered by Stifel Nicolaus. They set a “buy” rating and a $259.00 price target on the stock.
Diamondback Energy Trading Up 0.8%
NASDAQ:FANG traded up $1.45 on Thursday, reaching $184.33. 1,788,672 shares of the company’s stock were exchanged, compared to its average volume of 2,590,642. The firm has a market capitalization of $51.62 billion, a price-to-earnings ratio of 25.22 and a beta of 0.49. Diamondback Energy, Inc. has a 52-week low of $138.34 and a 52-week high of $216.90. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 0.26. The business has a fifty day moving average of $196.55 and a 200-day moving average of $189.66.
Diamondback Energy (NASDAQ:FANG – Get Free Report) last issued its earnings results on Monday, November 2nd. The oil and natural gas company reported $5.86 earnings per share for the quarter, topping the consensus estimate of $5.72 by $0.14. Diamondback Energy had a return on equity of 11.86% and a net margin of 11.03%. The business had revenue of $5.43 billion for the quarter, compared to analyst estimates of $4.60 billion. During the same quarter last year, the company earned $3.08 EPS. The business’s quarterly revenue was up 38.4% on a year-over-year basis. As a group, analysts expect that Diamondback Energy, Inc. will post 21.51 earnings per share for the current year.
Diamondback Energy Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 12th will be given a $1.18 dividend. The ex-dividend date is Thursday, November 12th. This represents a $4.72 annualized dividend and a dividend yield of 2.6%. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.10. Diamondback Energy’s payout ratio is presently 85.77%.
Insiders Place Their Bets
In other Diamondback Energy news, Director Charles Meloy sold 33,333 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $183.74, for a total transaction of $6,124,605.42. Following the completion of the sale, the director directly owned 759,864 shares in the company, valued at $139,617,411.36. This represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Travis D. Stice sold 75,000 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $204.31, for a total transaction of $15,323,250.00. Following the sale, the director owned 49,727 shares of the company’s stock, valued at approximately $10,159,723.37. This represents a 60.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.64% of the company’s stock.
Diamondback Energy, Inc is an independent oil and natural gas company engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves. The company’s operations are concentrated in the Permian Basin of West Texas and southeastern New Mexico, particularly the Midland and Delaware Basins.
Diamondback produces crude oil, natural gas and natural gas liquids from horizontal wells and related infrastructure. Its activities include drilling and completing wells, operating gathering and processing assets, and managing midstream services that support production.
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