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Diamondback Energy (FANG)

(Delayed Data from NSDQ)

$181.59 USD

181.59
1,727,304

-2.03 (-1.11%)

Updated Nov 7, 2024 04:00 PM ET

After-Market: $181.76 +0.17 (0.09%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 6% (237 out of 251)

Industry: Oil and Gas - Exploration and Production - United States

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Diamondback Energy (FANG) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$219.20 $255.00 $195.00 19.38%

Price Target

Based on short-term price targets offered by 25 analysts, the average price target for Diamondback Energy comes to $219.20. The forecasts range from a low of $195.00 to a high of $255.00. The average price target represents an increase of 19.38% from the last closing price of $183.62.

Analyst Price Targets (25)

Last Close 183.62
Average 219.20 19.38% Upside Low 195.00 6.20% Upside High 255.00 38.87% Upside

Broker Rating

Diamondback Energy currently has an average brokerage recommendation (ABR) of 1.33 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 26 brokerage firms. The current ABR compares to an ABR of 1.33 a month ago based on 26 recommendations.

Of the 26 recommendations deriving the current ABR, 20 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 76.92% and 11.54% of all recommendations. A month ago, Strong Buy made up 76.92%, while Buy represented 11.54%.

Broker Rating Breakdown

Broker Rating Visualization

Brokerage Recommendations

Today 1 Week Ago 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 20 20 20 20 21
Buy 3 3 3 1 1
Hold 3 4 3 4 5
Sell 0 0 0 0 0
Strong Sell 0 0 0 0 0
ABR 1.33 1.39 1.33 1.36 1.41

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Analyst Upgrades/Downgrades

Date Brokerage Firm Analyst Previous Current
11/5/2024 Roth Capital Partners Leo Mariani Strong Buy Strong Buy
11/5/2024 Piper Sandler Mark A Lear Strong Buy Strong Buy
10/21/2024 Raymond James John C Freeman Strong Buy Strong Buy
10/18/2024 Wells Fargo Securities Roger D Read Strong Buy Strong Buy
10/16/2024 KeyBanc Capital Markets Tim A Rezvan Strong Buy Strong Buy
10/14/2024 Not Identified Not Identified Not Available Hold
10/4/2024 BMO Capital Markets Phillip J Jungwirth Hold Strong Buy
10/3/2024 Cowen & Co. David Deckelbaum Strong Buy Strong Buy
10/2/2024 Not Identified Not Identified Hold Strong Buy
10/2/2024 The Benchmark Company Subash Chandra Strong Buy Strong Buy
9/24/2024 Johnson Rice & Company Charles Meade Strong Buy Moderate Buy
9/18/2024 Capital One Securities Brian T Velie Strong Buy Strong Buy
9/9/2024 Sibert Williams Shank Gabriele Sorbara Strong Buy Strong Buy
9/4/2024 Susquehanna Financial Group Biju Perincheril Strong Buy Strong Buy
8/13/2024 Not Identified Not Identified Moderate Buy Moderate Buy
8/13/2024 UBS Josh Silverstein Strong Buy Strong Buy
8/6/2024 Evercore Partners Stephen Richardson Strong Buy Strong Buy
8/6/2024 Mizuho SecuritiesUSA Nitin Kumar Strong Buy Strong Buy
7/18/2024 Not Identified Not Identified Not Available Hold
7/12/2024 Scotiabank Paul Y Cheng Strong Buy Strong Buy
7/11/2024 Tudor Pickering Holt & Co. Jeoffrey R Lambujon Not Available Strong Buy
6/6/2024 Not Identified Not Identified Not Available Strong Buy

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Average Brokerage Rating

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

 1.33
ABR (Last week) 1.39
# of Recs in ABR 26
Average Target Price $219.20
LT Growth Rate 8.30%
Industry Oil and Gas - Exploration and Production - United States
Industry Rank by ABR 237 of 252
Current Quarter EPS Est: 4.08

FANG FAQs

Diamondback Energy, Inc. (FANG) currently has an average brokerage recommendation (ABR) of 1.33 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 26 brokerage firms.

The average price target for Diamondback Energy, Inc. (FANG) is $219.20. The current on short-term price targets is based on 10 reports.

The forecasts for Diamondback Energy, Inc. (FANG) range from a low of $195 to a high of $255. The average price target represents a increase of $19.38 from the last closing price of $183.62.

The current UPSIDE for Diamondback Energy, Inc. (FANG) is 19.38%

Based on short-term price targets offered by 25 analysts, the average price target for Diamondback Energy comes to $219.20. The forecasts range from a low of $195.00 to a high of $255.00. The average price target represents an increase of 19.38% from the last closing price of $183.62.