$199.59
-0.01[-0.01%]
At close: Apr 18
$199.59
0[0.00%]
PreMarket: 5:35PM EDT
Diamondback Energy
(NASDAQ:FANG)Diamondback Energy Stock (NASDAQ:FANG), Analyst Ratings, Price Targets, Predictions
Diamondback Energy Inc has a consensus price target of $197.35, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Scotiabank, and Mizuho on April 15, 2024, April 11, 2024, and April 11, 2024. With an average price target of $218.67 between Morgan Stanley, Scotiabank, and Mizuho, there's an implied 9.56% upside for Diamondback Energy Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Scotiabank
Mizuho
Barclays
Truist Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Diamondback Energy
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/15/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | -7.81% | Morgan Stanley | Devin McDermott | $186 → $184 | Maintains | Overweight | Get Alert |
| 04/11/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 27.76% | Scotiabank | Paul Cheng | $210 → $255 | Maintains | Sector Outperform | Get Alert |
| 04/11/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 8.72% | Mizuho | Nitin Kumar | $200 → $217 | Maintains | Buy | Get Alert |
| 04/10/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 7.22% | Barclays | Betty Jiang | → $214 | Initiates | → Equal-Weight | Get Alert |
| 04/05/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 24.25% | Truist Securities | Neal Dingmann | $250 → $248 | Maintains | Buy | Get Alert |
| 03/28/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | -6.81% | Morgan Stanley | Devin McDermott | $177 → $186 | Maintains | Overweight | Get Alert |
| 03/25/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 7.72% | Evercore ISI Group | Stephen Richardson | $185 → $215 | Maintains | Outperform | Get Alert |
| 03/22/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 12.23% | Stifel | Derrick Whitfield | $192 → $224 | Maintains | Buy | Get Alert |
| 03/21/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 5.22% | Keybanc | Tim Rezvan | $186 → $210 | Maintains | Overweight | Get Alert |
| 03/12/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 1.71% | Wells Fargo | Roger Read | $189 → $203 | Maintains | Overweight | Get Alert |
| 03/07/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 13.73% | Piper Sandler | Mark Lear | $222 → $227 | Maintains | Overweight | Get Alert |
| 03/05/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 0.21% | Mizuho | Nitin Kumar | $177 → $200 | Maintains | Buy | Get Alert |
| 03/04/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | -2.3% | RBC Capital | Scott Hanold | → $195 | Reiterates | Outperform → Outperform | Get Alert |
| 02/15/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | -2.3% | RBC Capital | — | $180 → $195 | Maintains | Outperform | Get Alert |
| 02/14/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 0.21% | UBS | Josh Silverstein | $183 → $200 | Maintains | Buy | Get Alert |
| 02/13/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | -2.3% | Susquehanna | Biju Perincheril | $190 → $195 | Maintains | Positive | Get Alert |
| 02/13/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 11.23% | Piper Sandler | Mark Lear | $201 → $222 | Maintains | Overweight | Get Alert |
| 02/13/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | 0.21% | Scotiabank | Paul Cheng | $180 → $200 | Maintains | Sector Outperform | Get Alert |
| 02/13/2024 | FANG | Buy Now | Diamondback Energy | $199.59 | -12.32% | BMO Capital | Phillip Jungwirth | $167 → $175 | Maintains | Market Perform | Get Alert |
FAQ
What is the target price for Diamondback Energy (FANG)?
The latest price target for Diamondback Energy (NASDAQ: FANG) was reported by Morgan Stanley on April 15, 2024. The analyst firm set a price target for $184.00 expecting FANG to fall to within 12 months (a possible -7.81% downside). 66 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Diamondback Energy (FANG)?
The latest analyst rating for Diamondback Energy (NASDAQ: FANG) was provided by Morgan Stanley, and Diamondback Energy maintained their overweight rating.
When was the last upgrade for Diamondback Energy (FANG)?
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.
When was the last downgrade for Diamondback Energy (FANG)?
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.
When is the next analyst rating going to be posted or updated for Diamondback Energy (FANG)?
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 April 15, 2024 so you should expect the next rating to be made available sometime around April 15, 2025.
Is the Analyst Rating Diamondback Energy (FANG) correct?
While ratings are subjective and will change, the latest Diamondback Energy (FANG) rating was a maintained with a price target of $186.00 to $184.00. The current price Diamondback Energy (FANG) is trading at is $199.59, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.