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

Diamondback Energy (NASDAQ:FANG) had its target price increased by KeyCorp from $196.00 to $225.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the oil and natural gas company’s stock. KeyCorp’s price objective would indicate a potential upside of 16.05% from the company’s current price.

Other equities analysts have also issued reports about the company. Citigroup increased their price target on Diamondback Energy from $178.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, March 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Diamondback Energy in a research note on Monday, December 29th. The Goldman Sachs Group upped their price objective on Diamondback Energy from $187.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Roth Mkm reiterated a “buy” rating and set a $180.00 target price on shares of Diamondback Energy in a research report on Tuesday, February 24th. Finally, Raymond James Financial raised their target price on shares of Diamondback Energy from $210.00 to $240.00 and gave the company a “strong-buy” rating in a report on Tuesday, March 17th. Five research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Diamondback Energy has a consensus rating of “Buy” and a consensus target price of $201.62.

Diamondback Energy Price Performance

NASDAQ FANG opened at $193.88 on Thursday. The stock’s 50 day moving average is $177.44 and its 200 day moving average is $157.78. The company has a current ratio of 0.42, a quick ratio of 0.40 and a debt-to-equity ratio of 0.32. Diamondback Energy has a 12 month low of $114.00 and a 12 month high of $204.91. The stock has a market cap of $54.54 billion, a PE ratio of 34.56 and a beta of 0.50.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings data on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. The company’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same period last year, the business earned $3.67 earnings per share. Research analysts predict that Diamondback Energy will post 15.49 EPS for the current fiscal year.

Insider Activity

In related news, VP Albert Barkmann sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $182.90, for a total value of $731,600.00. Following the completion of the sale, the vice president owned 27,571 shares in the company, valued at approximately $5,042,735.90. The trade was a 12.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Matt Zmigrosky sold 4,101 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $190.51, for a total value of $781,281.51. Following the completion of the sale, the executive vice president owned 56,392 shares of the company’s stock, valued at $10,743,239.92. This represents a 6.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,209,212 shares of company stock valued at $199,689,401. Insiders own 0.70% of the company’s stock.

Institutional Trading of Diamondback Energy

A number of institutional investors have recently modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new stake in Diamondback Energy in the fourth quarter worth about $25,000. Laurel Wealth Advisors LLC acquired a new position in shares of Diamondback Energy during the fourth quarter valued at about $26,000. Richardson Financial Services Inc. increased its holdings in shares of Diamondback Energy by 245.1% during the fourth quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock valued at $26,000 after acquiring an additional 125 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Diamondback Energy in the 3rd quarter valued at approximately $26,000. Finally, Wellington Shields & Co. LLC boosted its stake in Diamondback Energy by 264.7% in the 4th quarter. Wellington Shields & Co. LLC now owns 186 shares of the oil and natural gas company’s stock worth $28,000 after purchasing an additional 135 shares in the last quarter. 90.01% of the stock is currently owned by institutional investors.

Key Diamondback Energy News

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

• Positive Sentiment: Mizuho named Diamondback a “clear leader” in U.S. shale, driving a price jump on the endorsement and reinforcing investor confidence in FANG’s operational discipline and cash‑return potential. Diamondback Energy Stock (FANG) Jumps after Mizuho Analyst Calls It a ‘Clear Leader in U.S. Shale’
• Positive Sentiment: KeyBanc (and KeyCorp reports) raised FANG’s price target to $225 (from $196) and kept an Overweight/Upbeat view after resetting its oil price deck — a clear catalyst for buy‑side interest. Wall Street Upgrades Diamondback Energy as Oil Market Signals Buying Opportunity
• Positive Sentiment: Citigroup raised its price target to $230 (from $178) and kept a Buy rating, citing a higher oil outlook — another analyst upgrade supporting upside expectations. Diamondback Energy, Inc. (FANG) PT Increased at Citigroup on Higher Oil Price Outlook
• Positive Sentiment: Coverage highlights Diamondback’s production expansion in the Midland and Delaware basins and UBS called it a top non‑tech pick — operational execution + asset quality underpinning bullish analyst views. Diamondback Energy Inc (FANG) Expands Production in Midland and Delaware Basins
• Neutral Sentiment: Q4 earnings roundup pieces list Diamondback among shale E&P outperformers vs. peers — helpful context for relative performance but not a single new disclosure. Q4 Earnings Outperformers: Diamondback Energy (NASDAQ:FANG) And The Rest Of The U.S. Shale E&P Stocks
• Neutral Sentiment: Zacks and industry outlook notes highlight Diamondback among sector names to watch; useful for thematic interest but not an immediate price catalyst. Zacks Industry Outlook Highlights Diamondback, Permian, Chord and Magnolia Oil & Gas
• Negative Sentiment: Some coverage notes a sharp intraday rally on analyst endorsements followed by profit‑taking and crude weakness that trimmed gains — highlights near‑term volatility risk despite bullish research. Diamondback Energy (FANG) Stock Surges on Mizuho’s Top Pick Endorsement Before Pullback

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.