Diamondback Energy (NASDAQ:FANG) Stock Price Expected to Rise, KeyCorp Analyst Says

Diamondback Energy (NASDAQ:FANG) had its price target hoisted by analysts at KeyCorp from $196.00 to $225.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the oil and natural gas company’s stock. KeyCorp’s price target indicates a potential upside of 18.04% from the stock’s current price.

Other equities analysts also recently issued reports about the company. Jefferies Financial Group reiterated a “hold” rating and set a $173.00 target price on shares of Diamondback Energy in a research report on Monday, January 19th. Freedom Capital raised shares of Diamondback Energy to a “strong-buy” rating in a research report on Tuesday, March 10th. Sanford C. Bernstein dropped their price target on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Susquehanna increased their price target on shares of Diamondback Energy from $182.00 to $199.00 and gave the stock a “positive” rating in a research note on Wednesday, February 25th. Finally, Mizuho lifted their price target on shares of Diamondback Energy from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Five research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $201.62.

Diamondback Energy Price Performance

Diamondback Energy stock opened at $190.62 on Thursday. Diamondback Energy has a 12-month low of $114.00 and a 12-month high of $204.91. The firm’s 50-day moving average is $175.80 and its two-hundred day moving average is $157.11. The stock has a market capitalization of $53.62 billion, a P/E ratio of 33.98 and a beta of 0.50. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.42 and a quick ratio of 0.40.

Diamondback Energy (NASDAQ:FANG) last released its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.26). Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The firm had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.41 billion. During the same period in the previous year, the firm posted $3.67 earnings per share. The firm’s revenue was down 9.0% on a year-over-year basis. Equities analysts predict that Diamondback Energy will post 15.49 earnings per share for the current year.

Insiders Place Their Bets

In other Diamondback Energy news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total value of $162,880,000.00. Following the completion of the transaction, the insider owned 98,686,727 shares in the company, valued at $16,074,094,093.76. This represents a 1.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles Alvin Meloy sold 60,605 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the completion of the transaction, the director owned 982,006 shares of the company’s stock, valued at $158,220,806.72. This trade represents a 5.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,209,212 shares of company stock worth $199,689,401. 0.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Diamondback Energy

A number of hedge funds have recently added to or reduced their stakes in FANG. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Diamondback Energy by 2.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,716 shares of the oil and natural gas company’s stock worth $3,808,000 after acquiring an additional 764 shares during the period. Lido Advisors LLC grew its position in Diamondback Energy by 54.1% in the second quarter. Lido Advisors LLC now owns 10,555 shares of the oil and natural gas company’s stock worth $1,450,000 after buying an additional 3,706 shares during the last quarter. Beacon Pointe Advisors LLC grew its holdings in shares of Diamondback Energy by 8.6% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 5,430 shares of the oil and natural gas company’s stock worth $746,000 after acquiring an additional 430 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Diamondback Energy during the second quarter worth $29,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Diamondback Energy by 64.7% during the second quarter. EverSource Wealth Advisors LLC now owns 45,269 shares of the oil and natural gas company’s stock worth $6,220,000 after purchasing an additional 17,790 shares during the period. Institutional investors and hedge funds own 90.01% of the company’s stock.

More Diamondback Energy News

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Citi raised its price target for Diamondback to $230, a clear analyst endorsement that can support upside expectations. Citigroup Increases Diamondback Energy Price Target
• Positive Sentiment: Zacks and affiliated outlets are highlighting FANG as a top momentum/ buy candidate and including it in industry buy lists, which can attract momentum-focused flows. Why Diamondback Energy (FANG) is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Zacks’ industry outlook singled out Diamondback among Permian peers, reinforcing positive analyst attention on FANG relative to its group. Zacks Industry Outlook Highlights Diamondback
• Neutral Sentiment: Diamondback scheduled Q1 2026 results and an investor webcast for May 4 (release) and May 5 (call), adding a near-term catalyst and a date for management updates on production, debt and capital allocation. Diamondback Energy Schedules First Quarter 2026 Conference Call
• Neutral Sentiment: Viper Energy (VNOM), Diamondback’s subsidiary, also set its Q1 release and call dates, which matters for consolidated cash flows and investor scrutiny but is largely a scheduling update. Viper Energy Schedules First Quarter 2026 Conference Call
• Neutral Sentiment: Valuation pieces note a clash between fair-value signals and DCF estimates — long-term returns look strong but short-term signals are mixed; this can keep trading choppy as investors debate fair value. A Look At Diamondback Energy’s Valuation
• Negative Sentiment: Short-term selling pressure: recent coverage notes a 1‑day decline and a weekly pullback, reflecting near-term profit-taking despite strong 90‑day and multi‑year returns. That short-term weakness is weighing on the stock. Valuation Signals and Short-Term Weakness
• Negative Sentiment: Broader oil-stock volatility: articles report swings as investors price in a potential de‑escalation in the Iran conflict; downside in large integrated names can spill over to producers like Diamondback. Exxon, Chevron, and More Oil Stocks Fall

About Diamondback Energy

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.