Susquehanna Issues Positive Forecast for Diamondback Energy (NASDAQ:FANG) Stock Price

Diamondback Energy (NASDAQ:FANG) had its target price upped by Susquehanna from $231.00 to $245.00 in a research report sent to investors on Wednesday morning, Marketbeat.com reports. The firm currently has a positive rating on the oil and natural gas company’s stock.

A number of other research firms have also weighed in on FANG. KeyCorp upped their target price on shares of Diamondback Energy from $196.00 to $225.00 and gave the stock an “overweight” rating in a research note on Thursday, April 2nd. Citigroup upped their target price on shares of Diamondback Energy from $178.00 to $230.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. Wells Fargo & Company upped their target price on shares of Diamondback Energy from $202.00 to $262.00 and gave the stock an “overweight” rating in a research note on Monday, April 20th. Truist Financial assumed coverage on shares of Diamondback Energy in a research note on Tuesday, March 24th. They set a “buy” rating and a $222.00 target price on the stock. Finally, Barclays increased their price target on shares of Diamondback Energy from $190.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday. Five investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $215.70.

Diamondback Energy Stock Down 5.4%

FANG stock opened at $195.11 on Wednesday. The company’s 50 day moving average price is $188.45 and its 200 day moving average price is $165.27. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.40 and a current ratio of 0.56. Diamondback Energy has a fifty-two week low of $127.75 and a fifty-two week high of $214.51. The firm has a market capitalization of $54.89 billion, a price-to-earnings ratio of 226.87 and a beta of 0.46.

Diamondback Energy (NASDAQ:FANG) last released its earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, topping analysts’ consensus estimates of $3.74 by $0.49. Diamondback Energy had a net margin of 1.87% and a return on equity of 7.76%. The firm had revenue of $4.24 billion for the quarter, compared to analyst estimates of $3.83 billion. During the same period in the prior year, the firm earned $4.54 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities research analysts anticipate that Diamondback Energy will post 18.84 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th will be paid a $1.10 dividend. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.05. This represents a $4.40 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, May 14th. Diamondback Energy’s payout ratio is currently 511.63%.

Insider Buying and Selling

In other Diamondback Energy news, Director Steven E. West sold 6,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $188.35, for a total value of $1,130,100.00. Following the transaction, the director directly owned 4,484 shares in the company, valued at $844,561.40. This represents a 57.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Travis D. Stice sold 63,957 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $181.16, for a total transaction of $11,586,450.12. Following the completion of the transaction, the chairman owned 305,314 shares in the company, valued at $55,310,684.24. This represents a 17.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 156,464 shares of company stock valued at $28,568,431 over the last three months. 0.64% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Diamondback Energy

Several large investors have recently modified their holdings of the company. Jennison Associates LLC boosted its holdings in shares of Diamondback Energy by 34.3% in the first quarter. Jennison Associates LLC now owns 88,557 shares of the oil and natural gas company’s stock valued at $17,516,000 after acquiring an additional 22,620 shares during the period. California Public Employees Retirement System boosted its holdings in shares of Diamondback Energy by 9.8% in the first quarter. California Public Employees Retirement System now owns 353,809 shares of the oil and natural gas company’s stock valued at $69,980,000 after acquiring an additional 31,514 shares during the period. Quadrant Private Wealth Management LLC acquired a new stake in shares of Diamondback Energy in the first quarter valued at approximately $209,000. Assetmark Inc. boosted its holdings in shares of Diamondback Energy by 2.0% in the first quarter. Assetmark Inc. now owns 304,014 shares of the oil and natural gas company’s stock valued at $60,131,000 after acquiring an additional 6,069 shares during the period. Finally, Gallacher Capital Management LLC acquired a new stake in shares of Diamondback Energy in the first quarter valued at approximately $828,000. 90.01% of the stock is owned by institutional investors and hedge funds.

Diamondback Energy News Roundup

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

• Positive Sentiment: Q1 results beat revenue and EPS expectations; management raised 2026 production guidance and increased the quarterly dividend to $1.10, signaling confidence in cash generation. Diamondback Energy Lifts Production Guidance
• Positive Sentiment: Analyst bullishness: Susquehanna raised its price target to $245 and put a “positive” rating on the stock, implying meaningful upside versus current levels. Susquehanna Raises PT to $245
• Positive Sentiment: Earnings-estimate revisions are trending higher, supporting a constructive near‑term view on EPS trajectory. Zacks: Earnings Estimates Moving Higher
• Neutral Sentiment: Wall Street maintains interest — Goldman Sachs reiterated a Buy with a ~$216 target and other analysts remain constructive, leaving valuation/expectations in focus. TipRanks: Analyst Reiterates Buy
• Negative Sentiment: Investor pushback on growth: coverage and market reaction highlight that investors are uneasy with Diamondback accelerating shale output (management boosted production plans to capture higher prices) — Barron’s reports investors “hating” the production ramp despite the beat. That shift toward growth (vs. pure returns) plus a large ~$1.4B impairment pressured sentiment. Barron’s: Diamondback Is Boosting Oil Production; Investors Are Hating It
• Negative Sentiment: Short-term market mechanics: profit-taking after recent highs and broader oil‑stock weakness on mixed earnings commentary amplified the selloff today. Yahoo: Oil Stocks Skid on Earnings

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.