Diamondback Energy (NASDAQ:FANG) Price Target Raised to $216.00

Diamondback Energy (NASDAQ:FANG) had its price target raised by UBS Group from $194.00 to $216.00 in a report issued on Thursday morning,Benzinga reports. They currently have a buy rating on the oil and natural gas company’s stock.

Several other research analysts also recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Diamondback Energy in a report on Monday, December 29th. Wells Fargo & Company increased their target price on shares of Diamondback Energy from $169.00 to $171.00 and gave the company an “overweight” rating in a research note on Tuesday, January 27th. Piper Sandler lifted their target price on Diamondback Energy from $215.00 to $218.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Barclays boosted their price target on Diamondback Energy from $178.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Benchmark cut Diamondback Energy from a “buy” rating to a “hold” rating in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Diamondback Energy currently has a consensus rating of “Moderate Buy” and an average price target of $189.00.

Diamondback Energy Trading Up 0.8%

Shares of Diamondback Energy stock opened at $180.54 on Thursday. The company’s fifty day simple moving average is $161.25 and its 200-day simple moving average is $151.16. The company has a market cap of $50.93 billion, a price-to-earnings ratio of 32.18 and a beta of 0.59. 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 1 year low of $114.00 and a 1 year high of $183.36.

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 net margin of 11.07% and a return on equity of 8.08%. The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.41 billion. During the same quarter in the previous year, the company earned $3.67 earnings per share. Diamondback Energy’s revenue for the quarter was down 9.0% compared to the same quarter last year. As a group, sell-side analysts expect that Diamondback Energy will post 15.49 EPS for the current year.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th will be issued a dividend of $1.05 per share. The ex-dividend date is Thursday, March 5th. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a dividend yield of 2.3%. Diamondback Energy’s dividend payout ratio (DPR) is currently 74.87%.

Insiders Place Their Bets

In other Diamondback Energy news, Director Charles Alvin Meloy sold 60,605 shares of the stock in a transaction dated 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 sale, the director owned 982,006 shares of the company’s stock, valued at $158,220,806.72. This represents a 5.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the completion of the sale, the insider owned 98,686,727 shares of the company’s stock, valued at $16,074,094,093.76. The trade was a 1.00% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On Diamondback Energy

A number of large investors have recently modified their holdings of FANG. Deseret Mutual Benefit Administrators increased its holdings in shares of Diamondback Energy by 31.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 274 shares of the oil and natural gas company’s stock valued at $41,000 after purchasing an additional 66 shares in the last quarter. Scotia Capital Inc. raised its position in Diamondback Energy by 0.3% in the 3rd quarter. Scotia Capital Inc. now owns 19,719 shares of the oil and natural gas company’s stock worth $2,822,000 after purchasing an additional 68 shares during the last quarter. Equitable Trust Co. lifted its holdings in Diamondback Energy by 0.7% during the 3rd quarter. Equitable Trust Co. now owns 10,030 shares of the oil and natural gas company’s stock worth $1,435,000 after buying an additional 73 shares in the last quarter. Valeo Financial Advisors LLC lifted its holdings in Diamondback Energy by 3.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 2,568 shares of the oil and natural gas company’s stock worth $367,000 after buying an additional 74 shares in the last quarter. Finally, Townsend & Associates Inc boosted its position in Diamondback Energy by 0.5% in the 4th quarter. Townsend & Associates Inc now owns 14,330 shares of the oil and natural gas company’s stock valued at $2,161,000 after buying an additional 75 shares during the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Key Diamondback Energy News

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

• Positive Sentiment: Piper Sandler kept an “overweight” rating on FANG and trimmed its price target only slightly (from $218 to $215), signalling continued conviction in upside. Piper Sandler price target note
• Positive Sentiment: UBS raised its price target substantially (to $216) and maintained a “buy” rating, providing another bullish analyst signal that supports further upside. UBS price target raise
• Positive Sentiment: TD Cowen reiterated a Buy rating with a $195 target, citing disciplined growth, expanding inventory and low breakevens — supportive fundamentals for investors focusing on cash returns and resilience. TD Cowen buy rating
• Positive Sentiment: Market write-ups highlight FANG as one of the energy stocks leading this year’s rally (LNG/export tailwinds and shareholder-friendly cost structures cited), which may attract momentum buyers. Benzinga rally piece
• Positive Sentiment: Zacks highlights FANG among names to watch as WTI moves above $75, indicating commodity-driven upside potential for upstream producers. Zacks oil price note
• Neutral Sentiment: A short-interest report in the feed appears unreliable (shows zero shares / NaN change), so there’s no clear evidence of a new short squeeze or mounting short pressure to impact the stock today.
• Negative Sentiment: Benchmark Co. downgraded Diamondback from “buy” to “hold,” removing one bullish endorsement and likely contributing to investor caution despite other positive notes. Benchmark downgrade
• Negative Sentiment: Coverage pieces (Barron’s) note that some energy names are being downgraded even as oil rallies, a theme that can cap multiple-stock rallies and temper enthusiasm for big rerating moves. Barron’s sector downgrade piece

Diamondback Energy Company Profile

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.