Barclays Boosts Diamondback Energy (NASDAQ:FANG) Price Target to $185.00

Diamondback Energy (NASDAQ:FANGGet Free Report) had its target price upped by analysts at Barclays from $178.00 to $185.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the oil and natural gas company’s stock. Barclays‘s price target would suggest a potential upside of 3.33% from the stock’s current price.

A number of other research analysts also recently issued reports on FANG. Piper Sandler boosted their price target on Diamondback Energy from $215.00 to $218.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Wells Fargo & Company raised their price target on shares of Diamondback Energy from $169.00 to $171.00 and gave the company an “overweight” rating in a research report on Tuesday, January 27th. Benchmark reiterated a “buy” rating on shares of Diamondback Energy in a research report on Tuesday, February 24th. Weiss Ratings restated a “hold (c)” rating on shares of Diamondback Energy in a research report on Monday, December 29th. Finally, UBS Group set a $195.00 price target on Diamondback Energy in a research note on Tuesday, February 24th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $189.00.

Read Our Latest Analysis on Diamondback Energy

Diamondback Energy Stock Up 1.3%

NASDAQ:FANG opened at $179.04 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.42 and a quick ratio of 0.40. The company’s fifty day moving average price is $160.56 and its 200-day moving average price is $150.79. Diamondback Energy has a 1-year low of $114.00 and a 1-year high of $183.36. The firm has a market capitalization of $50.50 billion, a P/E ratio of 31.91 and a beta of 0.59.

Diamondback Energy (NASDAQ:FANGGet Free Report) last announced its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.26). The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.41 billion. Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.Diamondback Energy’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same period in the prior year, the business posted $3.67 earnings per share. As a group, equities research analysts anticipate that Diamondback Energy will post 15.49 EPS for the current year.

Insider Activity at Diamondback Energy

In related news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of Diamondback Energy stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the transaction, the insider owned 98,686,727 shares in the company, valued at approximately $16,074,094,093.76. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 value of $9,764,677.60. Following the completion of the sale, the director owned 982,006 shares of the company’s stock, valued at approximately $158,220,806.72. The trade was a 5.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Diamondback Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Diamondback Energy by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 23,325,287 shares of the oil and natural gas company’s stock valued at $3,204,894,000 after buying an additional 388,512 shares during the period. Boston Partners increased its stake in Diamondback Energy by 2.9% during the third quarter. Boston Partners now owns 5,733,538 shares of the oil and natural gas company’s stock worth $821,649,000 after acquiring an additional 163,548 shares during the last quarter. Geode Capital Management LLC raised its position in Diamondback Energy by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 5,621,120 shares of the oil and natural gas company’s stock valued at $844,073,000 after purchasing an additional 14,625 shares during the period. Bank of New York Mellon Corp raised its position in Diamondback Energy by 11.5% in the fourth quarter. Bank of New York Mellon Corp now owns 5,159,365 shares of the oil and natural gas company’s stock valued at $775,607,000 after purchasing an additional 532,756 shares during the period. Finally, Capital Research Global Investors lifted its stake in shares of Diamondback Energy by 14.1% in the 4th quarter. Capital Research Global Investors now owns 4,332,885 shares of the oil and natural gas company’s stock valued at $651,363,000 after purchasing an additional 534,073 shares during the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Diamondback Energy

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

  • Positive Sentiment: UBS raised its price target to $216 and kept a “buy” rating, implying about a 20.6% upside from the current level. UBS Raises Target
  • Positive Sentiment: Barclays bumped its target to $185 and retains an “overweight” view, providing incremental analyst support. Barclays Raises Target
  • Positive Sentiment: TD Cowen (via TipRanks) reiterated a Buy and $195 target, citing disciplined growth and low breakeven economics that support upside. TD Cowen Note
  • Positive Sentiment: Sector momentum: coverage highlights Diamondback as a top energy name to watch amid 2026’s energy rally and stronger LNG dynamics — a tailwind for sentiment. Benzinga Rally Piece
  • Positive Sentiment: Macro driver: Zacks flags oil above $75 and names FANG among four players to watch, reinforcing commodity-driven upside potential. Zacks Oil Story
  • Neutral Sentiment: Piper Sandler slightly trimmed its target from $218 to $215 but left an “overweight” rating — a modest calibration rather than a directional change. Piper Sandler Adjustment
  • Neutral Sentiment: Reported short interest data shows zero shares (and a 0.0 days-to-cover figure), which appears anomalous and is unlikely to be meaningful until reconciled.
  • Negative Sentiment: Benchmark downgraded FANG from “buy” to “hold,” removing some bullish conviction and adding a near-term headwind to sentiment. Benchmark Downgrade
  • Negative Sentiment: Barron’s highlights recent downgrades within energy despite rising oil — a cautionary note that some analysts see limited further upside after the sector’s rally. Barron’s Downgrade Roundup

Diamondback Energy Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Diamondback Energy (NASDAQ:FANG)

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