Diamondback Energy Inc (FANG) Stock Forecast & Price Target
Diamondback Energy Inc · NASDAQ
$190.44-5.36 (-2.73%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 20 firms covering Diamondback Energy Inc, 18 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $195.00 to $262.00, so the covering firms are broadly aligned. The average target of $229.50 sits 21% above the current $190.44. The rating mix has stayed broadly stable, with Buy-side ratings easing from 20 to 18 over recent months. On the fundamentals, the Street sees consensus EPS building from about $4.47 next quarter toward $17.12 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS20 ratings
Strong Buy
Strong Buy15%
Buy1785%
Hold210%
Sell00%
Strong Sell00%
Based on 20 analysts giving stock ratings to Diamondback Energy Inc.
As of Jul, 18 of 20 firms rate FANG a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FANG EPS & revenue forecast
EPS · NEXT QUARTER
$4.47
Range $2.74 – $6.95 · 22 analysts · +45% YoY
Next period, 22 analysts expect Diamondback Energy Inc to earn $4.47 a share (range $2.74 – $6.95), versus $3.08 a year earlier. Full-year consensus is $19.02, growing to $17.12 the year after.
REVENUE · NEXT QUARTER
$4.5B
Range $3.9B – $5.4B · 22 analysts · +16% YoY
Revenue is expected to reach $4.5B (range $3.9B – $5.4B), +15.6% year-over-year. Full-year consensus is $18.3B, rising to $17.1B next year.
Top analysts covering Diamondback Energy Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FANG.
#1
Scott Gruber
Citigroup · Rank #13
Buy
$221.00+16.0% to target
Overall win rate
58%
+ Follow
#2
Roger Read
Wells Fargo · Rank #24
Buy
$208.00+9.2% to target
Overall win rate
49%
+ Follow
#3
Devin McDermott
Morgan Stanley · Rank #49
Buy
$216.00+13.4% to target
Overall win rate
48%
+ Follow
#4
Neil Mehta
Goldman Sachs · Rank #59
Buy
$227.00+19.2% to target
Overall win rate
42%
+ Follow
#5
Nitin Kumar
Mizuho · Rank #110
Buy
$240.00+26.0% to target
Overall win rate
47%
+ Follow
FANG stock forecast FAQ
What is FANG's average 12-month price target?+
The 18 analysts with a live target average $229.50 for Diamondback Energy Inc over the next 12 months, ranging from a $262.00 high to a $195.00 low.
Is FANG stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 20 analyst ratings, 18 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FANG?+
The Street-high target is $262.00 (Wells Fargo), and the Street-low is $195.00 (Scotiabank). The average of all 18 active targets is $229.50.
How many Wall Street analysts cover FANG?+
20 analysts have an active rating on Diamondback Energy Inc, and 18 firms carry a live 12-month price target.
Who is the most accurate analyst covering FANG?+
Among analysts who currently cover FANG, Scott Gruber of Citigroup has the strongest overall Quantellect track record (Rank #13). Their current call is Buy with a $221.00 target.
What is Diamondback Energy Inc's projected EPS for next quarter?+
The consensus estimate is $4.47 per share (range $2.74 – $6.95) across 22 analysts. Full-year EPS is projected at $19.02, rising to $17.12 the following year.
How much revenue is Diamondback Energy Inc expected to report next quarter?+
Consensus revenue is $4.5B (range $3.9B – $5.4B). Full-year revenue is projected at $18.3B, growing to $17.1B next year.
Have analysts been upgrading or downgrading FANG lately?+
As of Jul, 18 of 20 firms rate FANG a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FANG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
