DIAMONDBACK ENERGY INC (FANG) Forecast, Price Target & Analyst Ratings

NASDAQ:FANG • US25278X1090

Current stock price

194.79 USD
-0.8 (-0.41%)
At close:
194.65 USD
-0.14 (-0.07%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for DIAMONDBACK ENERGY INC (FANG).

Forecast Snapshot

Consensus Price Target

Price Target
$213.75
+ 9.74% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
$3.43
Revenue Estimate
3.738B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
83.50%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$213.75
Upside
+ 9.74%
From current price of $194.79 to mean target of $213.75, Based on 40 analyst forecasts
Low
$176.75
Median
$209.10
High
$279.30

Price Target Revisions

1 Month
13.96%
3 Months
15.33%

Price Target Summary

40 Wall Street analysts provided a forecast for the next 12 months for FANG. The average price target is 213.75 USD. This implies a price increase of 9.74% is expected in the next year compared to the current price of 194.79.
The average price target has been revised upward by 15.33% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

FANG Current Analyst RatingFANG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20 25

Analyst Ratings History

FANG Historical Analyst RatingsFANG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 0 0 0 0 0

Analyst Ratings Consensus

ChartMill Buy Consensus
83.50%
FANG was analyzed by 40 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about FANG.
In the previous month the buy percentage consensus was at a similar level.
FANG was analyzed by 40 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-22ScotiaBankMaintains Sector Outperform -> Sector Outperform
2026-04-20Wells FargoMaintains Overweight -> Overweight
2026-04-17Morgan StanleyMaintains Overweight -> Overweight
2026-04-10UBSMaintains Buy -> Buy
2026-04-08Roth CapitalDowngrade Buy -> Neutral
2026-04-06Evercore ISI GroupMaintains Outperform -> Outperform
2026-04-02KeybancMaintains Overweight -> Overweight
2026-03-30CitigroupMaintains Buy -> Buy
2026-03-27Morgan StanleyMaintains Overweight -> Overweight
2026-03-24Truist SecuritiesInitiate Buy -> Buy
2026-03-17MizuhoMaintains Outperform -> Outperform
2026-03-17Raymond JamesMaintains Strong Buy -> Strong Buy
2026-03-16BarclaysMaintains Overweight -> Overweight
2026-03-16Wells FargoMaintains Overweight -> Overweight
2026-03-12Piper SandlerMaintains Overweight -> Overweight
2026-03-11Goldman SachsMaintains Buy -> Buy
2026-03-05UBSMaintains Buy -> Buy
2026-03-05BenchmarkDowngrade Buy -> Hold
2026-03-05Piper SandlerMaintains Overweight -> Overweight
2026-03-04BarclaysMaintains Overweight -> Overweight
2026-02-25SusquehannaMaintains Positive -> Positive
2026-02-24MizuhoMaintains Outperform -> Outperform
2026-01-28Piper SandlerMaintains Overweight -> Overweight
2026-01-27Wells FargoMaintains Overweight -> Overweight
2026-01-23Morgan StanleyMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
$3.43
Revenue Estimate
3.738B
Revenue Q2Q
-7.66%
EPS Q2Q
-24.40%
Number of Analysts
32

Next Earnings Revisions

Revenue (1 Month)
4.46%
Revenue (3 Months)
5.59%
EPS (1 Month)
33.70%
EPS (3 Months)
17.95%

Next Earnings Summary

FANG is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is 3.43 USD and the consensus revenue estimate is 3.74B USD.
The next earnings revenue estimate has been revised upward by 5.59% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2032

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue
YoY % growth
FANG revenue by date.FANG revenue by date.
8.412B
-12.77%		11.066B
31.55%		15.026B
35.79%		16.018B
6.60%		15.984B
-0.21%		16.194B
1.31%		15.616B
-3.57%		16.237B
3.98%		16.752B
3.17%		17.276B
3.13%
EBITDA
YoY % growth
FANG ebitda by date.FANG ebitda by date.
6.327B
-19.57%		7.549B
19.31%		9.956B
31.89%		10.836B
8.84%		11.022B
1.72%		11.076B
0.49%		11.961B
7.99%		11.208B
-6.30%		11.255B
0.42%		11.583B
2.91%
EBIT
YoY % growth
FANG ebit by date.FANG ebit by date.
4.581B
-29.76%		4.699B
2.58%		4.918B
4.66%		4.532B
-7.85%		4.988B
10.06%		5.946B
19.21%		5.331B
-10.34%		5.598B
5.01%		5.812B
3.82%		6.026B
3.68%
Operating Margin
FANG operating margin by date.FANG operating margin by date.
54.46%42.46%32.73%28.29%31.21%36.72%34.14%34.48%34.69%34.88%
EPS
YoY % growth
FANG eps by date.FANG eps by date.
18.01
-25.08%		16.04
-10.94%		12.03
-25.00%		14.02
16.56%		15.16
8.11%		16.29
7.43%		14.58
-10.47%		16.62
14.00%		19.04
14.56%		20.89
9.69%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		3.43
-24.40%		4.47
67.59%		4.01
30.10%		4.03
131.51%		4.01
16.69%		3.84
-14.27%		3.97
-0.89%		4.06
0.71%		4.85
21.06%		4.74
23.55%		4.95
24.60%		5.11
25.97%
Revenue
Q2Q % growth		3.738B
-7.66%		4.13B
12.29%		4.044B
3.06%		4.048B
19.91%		3.992B
6.80%		3.961B
-4.09%		4.07B
0.64%		4.123B
1.85%		4.113B
3.03%		4.048B
2.20%		4.146B
1.87%		4.199B
1.84%
EBITDA
Q2Q % growth		2.776B
-1.10%		3.126B
-11.74%		3.016B
-38.47%		2.99B
-49.39%		3.074B
10.73%		2.989B
-4.38%		3.046B
0.99%		3.086B
3.21%		2.943B
-4.26%		2.921B
-2.28%		2.992B
-1.77%		3.007B
-2.56%
EBIT
Q2Q % growth		1.229B
-28.13%		1.417B
20.19%		1.447B
15.48%		1.467B
68.62%		1.452B
18.14%		1.408B
-0.64%		1.493B
3.18%		1.53B
4.29%		1.609B
10.81%		1.534B
8.95%		1.581B
5.89%		1.614B
5.49%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FANG Yearly Revenue VS EstimatesFANG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5B 10B 15B
FANG Yearly EPS VS EstimatesFANG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5 10 15 20

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
10.62%
EPS Next 5 Year
9.66%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.44%
Revenue Next 5 Year
1.92%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
27.98%
EBIT Next 5 Year
18.39%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

DIAMONDBACK ENERGY INC / FANG Forecast FAQ

What is the price target for FANG stock?

40 analysts have analysed FANG and the average price target is 213.75 USD. This implies a price increase of 9.74% is expected in the next year compared to the current price of 194.79.

When does DIAMONDBACK ENERGY INC (FANG) report earnings?

DIAMONDBACK ENERGY INC (FANG) will report earnings on 2026-05-04, after the market close.

What are the consensus estimates for DIAMONDBACK ENERGY INC (FANG) next earnings?

The consensus EPS estimate for the next earnings of DIAMONDBACK ENERGY INC (FANG) is 3.43 USD and the consensus revenue estimate is 3.74B USD.

Can you provide the expected long term growth rate for DIAMONDBACK ENERGY INC stock?

The expected long term growth rate for DIAMONDBACK ENERGY INC (FANG) is 2.44%.