Susquehanna Issues Positive Forecast for Diamondback Energy (NASDAQ:FANG) Stock Price

Diamondback Energy (NASDAQ:FANG) had its target price boosted by investment analysts at Susquehanna from $231.00 to $245.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “positive” rating on the oil and natural gas company’s stock. Susquehanna’s target price suggests a potential upside of 24.40% from the company’s previous close.

A number of other research analysts have also recently weighed in on the stock. Jefferies Financial Group reissued a “hold” rating and set a $173.00 price objective on shares of Diamondback Energy in a research note on Monday, January 19th. KeyCorp raised their price objective on shares of Diamondback Energy from $196.00 to $225.00 and gave the stock an “overweight” rating in a research note on Thursday, April 2nd. Freedom Capital raised shares of Diamondback Energy to a “strong-buy” rating in a research note on Tuesday, March 10th. The Goldman Sachs Group lifted their target price on shares of Diamondback Energy from $187.00 to $212.00 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Finally, Benchmark cut shares of Diamondback Energy from a “buy” rating to a “hold” rating in a research note on Thursday, March 5th. Five research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $212.14.

Diamondback Energy Price Performance

Shares of FANG traded down $9.24 during mid-day trading on Wednesday, reaching $196.94. 800,887 shares of the company’s stock were exchanged, compared to its average volume of 2,926,419. The company has a quick ratio of 0.40, a current ratio of 0.42 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of $188.02 and a two-hundred day simple moving average of $164.88. Diamondback Energy has a 52-week low of $127.75 and a 52-week high of $214.51. The company has a market cap of $55.40 billion, a price-to-earnings ratio of 229.02 and a beta of 0.46.

Diamondback Energy (NASDAQ:FANG) last issued its quarterly earnings data on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, topping analysts’ consensus estimates of $3.74 by $0.49. Diamondback Energy had a net margin of 1.87% and a return on equity of 7.71%. The business had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $3.83 billion. During the same period last year, the company posted $4.54 EPS. The company’s revenue was up 4.7% on a year-over-year basis. On average, sell-side analysts predict that Diamondback Energy will post 18.84 EPS for the current fiscal year.

Insider Buying and Selling at Diamondback Energy

In related news, EVP Matt Zmigrosky sold 20,899 shares of Diamondback Energy stock in a transaction on Friday, March 13th. The shares were sold at an average price of $180.00, for a total transaction of $3,761,820.00. Following the transaction, the executive vice president owned 60,493 shares in the company, valued at approximately $10,888,740. The trade was a 25.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven E. West sold 6,000 shares of Diamondback Energy stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $188.35, for a total transaction of $1,130,100.00. Following the transaction, the director owned 4,484 shares in the company, valued at $844,561.40. The trade was a 57.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 156,464 shares of company stock worth $28,568,431. Corporate insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Diamondback Energy

Several hedge funds and other institutional investors have recently made changes to their positions in FANG. Wellington Management Group LLP lifted its holdings in shares of Diamondback Energy by 74.1% during the 4th quarter. Wellington Management Group LLP now owns 3,239,837 shares of the oil and natural gas company’s stock valued at $487,045,000 after acquiring an additional 1,379,010 shares in the last quarter. EnCap Energy Capital Fund XII L.P. acquired a new position in Diamondback Energy in the 4th quarter worth $169,342,000. Smead Capital Management Inc. acquired a new position in Diamondback Energy in the 2nd quarter worth $144,775,000. Capital Research Global Investors lifted its holdings in Diamondback Energy by 38.0% in the 3rd quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company’s stock worth $543,610,000 after buying an additional 1,046,398 shares in the last quarter. Finally, Encompass Capital Advisors LLC purchased a new position in Diamondback Energy in the fourth quarter valued at about $112,198,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy News Roundup

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

• Positive Sentiment: Q1 results beat street estimates and management raised guidance and the dividend — EPS of $4.23 vs. consensus ~$3.74 and revenue $4.24B; the board increased the quarterly dividend to $1.10 and lifted full‑year production guidance, signaling stronger cash generation. Press Release
• Positive Sentiment: Analyst support: a Wall Street analyst (Goldman Sachs coverage reported on TipRanks) reiterated a Buy rating and kept a $216 price target, citing strong cash generation and the higher 2026 guidance. Analyst Note
• Neutral Sentiment: Strategic shift and outlook: management is pivoting toward organic production growth as acquisition opportunities in Texas wane and sees a supply deficit opportunity; guidance was nudged ~3% higher but the shift is mixed for long‑term valuation. SA Analysis
• Negative Sentiment: Investors reacted negatively to the decision to immediately ramp shale output to capture the Iran‑war oil rally — headlines and market commentary say the growth push (vs. prioritizing buybacks/returns) hurt sentiment and triggered profit‑taking. Barron’s
• Negative Sentiment: Large impairment dented reported earnings — management recorded a ~$1.4B impairment on oil & gas properties, which reduced net income to about $25M despite strong cash flows, creating headline risk. Yahoo
• Negative Sentiment: Macro/operational update: Diamondback expects as many as ~30 additional Permian rigs industry‑wide (roughly +10%) by year‑end as producers chase higher crude prices — good for volumes but raises concerns about accelerating supply. Financial Post

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.