First Time Loading...

Diamondback Energy Inc
NASDAQ:FANG

Watchlist Manager
Diamondback Energy Inc Logo
Diamondback Energy Inc
NASDAQ:FANG
Watchlist
Price: 200.24 USD 1.32%
Updated: May 3, 2024
Section:
 

Wall Street
Price Targets

FANG Price Targets Summary
Diamondback Energy Inc

Wall Street analysts forecast FANG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for FANG is 224.69 USD with a low forecast of 155.54 USD and a high forecast of 276.15 USD.

FANG Lowest Forecast
Wall Street Target
155.54 USD
22% Downside
FANG Average Forecast
Wall Street Target
224.69 USD
12% Upside
FANG Highest Forecast
Wall Street Target
276.15 USD
38% Upside
Lowest
Price Target
155.54 USD
22% Downside
Average
Price Target
224.69 USD
12% Upside
Highest
Price Target
276.15 USD
38% Upside

FANG Last Price Targets
Diamondback Energy Inc

The latest public price target was made on May 2, 2024 by Roger Read from Wells Fargo , who expects FANG stock to rise by 12% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Roger Read
Wells Fargo
224 USD
Upside 12%
1 day ago
May 2, 2024
Diamondback Energy (FANG) PT Lowered to $224 at Wells Fargo
StreetInsider
Roger Read
Wells Fargo
227 USD
Upside 13%
2 weeks ago
Apr 17, 2024
Diamondback Energy price target raised to $227 from $203 at Wells Fargo
TheFly
Nitin Kumar
Mizuho Securities
217 USD
Upside 8%
3 weeks ago
Apr 11, 2024
Diamondback Energy (FANG) PT Raised to $217 at Mizuho, 'Investors remain focused on the benefits on the Endeavor deal'
StreetInsider
Neal Dingmann
Truist Financial
248 USD
Upside 24%
4 weeks ago
Apr 5, 2024
Diamondback Energy price target lowered to $248 from $250 at Truist
TheFly
Devin McDermott
Morgan Stanley
186 USD
Downside 7%
1 month ago
Mar 28, 2024
Diamondback Energy price target raised to $186 from $177 at Morgan Stanley
TheFly
Derrick Whitfield
Stifel Nicolaus
224 USD
Upside 12%
1 month ago
Mar 22, 2024
Diamondback Energy (FANG) PT Raised to $224 at Stifel 'due to operational and financial updates'
StreetInsider
Tim Rezvan
KeyBanc
210 USD
Upside 5%
1 month ago
Mar 21, 2024
Diamondback Energy (FANG) PT Raised to $210 at KeyBanc
StreetInsider
Show More Price Targets
Show Less Price Targets
Roger Read
Wells Fargo
Price Target 224 USD
Upside/Downside 12%
View Source
Roger Read
Wells Fargo
Price Target 227 USD
Upside/Downside 13%
View Source
Nitin Kumar
Mizuho Securities
Price Target 217 USD
Upside/Downside 8%
View Source
Neal Dingmann
Truist Financial
Price Target 248 USD
Upside/Downside 24%
View Source
Devin McDermott
Morgan Stanley
Price Target 186 USD
Upside/Downside 7%
View Source
Derrick Whitfield
Stifel Nicolaus
Price Target 224 USD
Upside/Downside 12%
View Source
Tim Rezvan
KeyBanc
Price Target 210 USD
Upside/Downside 5%
View Source
Show More Price Targets
Show Less Price Targets
Diamondback Energy Inc Competitors:
Price Targets
PHAR
Pharos Energy PLC
51% Upside
CRGY
Crescent Energy Co
62% Upside
EQT
EQT Corp
8% Upside
YGR
Yangarra Resources Ltd
49% Upside
PHAR
Pharos Energy PLC
51% Upside
CRGY
Crescent Energy Co
62% Upside
EQT
EQT Corp
8% Upside
YGR
Yangarra Resources Ltd
49% Upside
CNQ
Canadian Natural Resources Ltd
11% Upside
S
SELAN
Selan Exploration Technology Ltd
60% Downside
AR
Antero Resources Corp
6% Upside
AOI
Africa Oil Corp
54% Upside

Revenue
Forecast

Revenue Estimate
Diamondback Energy Inc

For the last 8 years the compound annual growth rate for Diamondback Energy Inc's revenue is 44%. The projected CAGR for the next 3 years is 22%.

44%
Past Growth
22%
Estimated Growth
Estimates Accuracy
0%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Diamondback Energy Inc

For the last 8 years the compound annual growth rate for Diamondback Energy Inc's operating income is 67%. The projected CAGR for the next 3 years is 19%.

67%
Past Growth
19%
Estimated Growth
Estimates Accuracy
-1%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Diamondback Energy Inc

The compound annual growth rate of Diamondback Energy Inc's net income for the next 3 years is 4%.

N/A
Past Growth
4%
Estimated Growth
Estimates Accuracy
-17%
Average Miss
What are analyst estimates?

See Also

Summary
FANG intrinsic value, competitors valuation, and company profile.
DCF Valuation
FANG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FANG stock valuation using valuation multiples.
Wall Street Estimates
FANG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FANG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is FANG's stock price target?
Price Target
224.69 USD

According to Wall Street analysts, the average 1-year price target for FANG is 224.69 USD with a low forecast of 155.54 USD and a high forecast of 276.15 USD.

What is Diamondback Energy Inc's Revenue forecast?
Projected CAGR
22%

For the last 8 years the compound annual growth rate for Diamondback Energy Inc's revenue is 44%. The projected CAGR for the next 3 years is 22%.

What is Diamondback Energy Inc's Operating Income forecast?
Projected CAGR
19%

For the last 8 years the compound annual growth rate for Diamondback Energy Inc's operating income is 67%. The projected CAGR for the next 3 years is 19%.

What is Diamondback Energy Inc's Net Income forecast?
Projected CAGR
4%

The compound annual growth rate of Diamondback Energy Inc's net income for the next 3 years is 4%.

ALPHA SPREAD
Join more than 133,900+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.