Several analysts have recently updated their ratings and price targets for Diamondback Energy (NASDAQ: FANG):
- 3/27/2026 – Diamondback Energy had its price target raised by Morgan Stanley from $171.00 to $220.00. They now have an “overweight” rating on the stock.
- 3/24/2026 – Diamondback Energy is now covered by Truist Financial Corporation. They set a “buy” rating and a $222.00 price target on the stock.
- 3/23/2026 – Diamondback Energy was upgraded by Truist Financial Corporation to “strong-buy”.
- 3/17/2026 – Diamondback Energy had its price target raised by Raymond James Financial, Inc. from $210.00 to $240.00. They now have a “strong-buy” rating on the stock.
- 3/17/2026 – Diamondback Energy had its price target raised by Mizuho from $205.00 to $220.00. They now have an “outperform” rating on the stock.
- 3/17/2026 – Diamondback Energy had its price target raised by Raymond James Financial, Inc. from $210.00 to $240.00. They now have a “strong-buy” rating on the stock.
- 3/16/2026 – Diamondback Energy had its price target raised by Barclays PLC from $185.00 to $190.00. They now have an “overweight” rating on the stock.
- 3/16/2026 – Diamondback Energy had its price target raised by Wells Fargo & Company from $171.00 to $202.00. They now have an “overweight” rating on the stock.
- 3/12/2026 – Diamondback Energy had its price target raised by Piper Sandler from $215.00 to $248.00. They now have an “overweight” rating on the stock.
- 3/11/2026 – Diamondback Energy had its price target raised by The Goldman Sachs Group, Inc. from $187.00 to $212.00. They now have a “buy” rating on the stock.
- 3/10/2026 – Diamondback Energy was upgraded by Freedom Capital to “strong-buy”.
- 3/5/2026 – Diamondback Energy had its price target lowered by Piper Sandler from $218.00 to $215.00. They now have an “overweight” rating on the stock.
- 3/5/2026 – Diamondback Energy had its price target raised by UBS Group AG from $194.00 to $216.00. They now have a “buy” rating on the stock.
- 3/5/2026 – Diamondback Energy was downgraded by Benchmark Co. from “buy” to “hold”.
- 3/4/2026 – Diamondback Energy had its price target raised by Barclays PLC from $178.00 to $185.00. They now have an “overweight” rating on the stock.
- 2/25/2026 – Diamondback Energy had its price target raised by Susquehanna from $182.00 to $199.00. They now have a “positive” rating on the stock.
- 2/24/2026 – Diamondback Energy had its “buy” rating reaffirmed by Roth Mkm. They now have a $180.00 price target on the stock.
- 2/24/2026 – Diamondback Energy was given a new $195.00 price target by UBS Group AG.
- 2/24/2026 – Diamondback Energy had its “buy” rating reaffirmed by Benchmark Co..
- 2/24/2026 – Diamondback Energy had its price target raised by Mizuho from $194.00 to $205.00. They now have an “outperform” rating on the stock.
- 2/9/2026 – Diamondback Energy was upgraded by TD Cowen to “strong-buy”.
Diamondback Energy Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Thursday, March 5th were paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 2.1%. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Thursday, March 5th. Diamondback Energy’s payout ratio is presently 74.87%.
Insider Transactions at Diamondback Energy
In related news, CAO Teresa L. Dick sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $190.00, for a total value of $950,000.00. Following the completion of the sale, the chief accounting officer directly owned 107,755 shares of the company’s stock, valued at $20,473,450. The trade was a 4.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Steven E. West sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was 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 approximately $844,561.40. This trade represents a 57.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,209,212 shares of company stock valued at $199,689,401. 0.48% of the stock is owned by insiders.
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.
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