Where Diamondback Energy Stands With Analysts

Ratings for Diamondback Energy FANG were provided by 15 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $208.07, with a high estimate of $256.00 and a low estimate of $157.00. This current average has decreased by 2.53% from the previous average price target of $213.47.

Breaking Down Analyst Ratings: A Detailed Examination

A clear picture of Diamondback Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

| Analyst | Analyst Firm | Action Taken | Rating |Current Price Target| Prior Price Target | |--------------------|--------------------|---------------|---------------|--------------------|--------------------| |Scott Gruber |Citigroup |Raises |Buy | $180.00|$157.00 | |Devin McDermott |Morgan Stanley |Lowers |Overweight | $206.00|$227.00 | |Betty Jiang |Barclays |Lowers |Overweight | $200.00|$210.00 | |Scott Gruber |Citigroup |Lowers |Neutral | $157.00|$195.00 | |Arun Jayaram |JP Morgan |Lowers |Overweight | $167.00|$212.00 | |John Freeman |Raymond James |Lowers |Strong Buy | $214.00|$245.00 | |Roger Read |Wells Fargo |Lowers |Overweight | $215.00|$219.00 | |Nitin Kumar |Mizuho |Raises |Outperform | $204.00|$201.00 | |Neal Dingmann |Truist Securities |Raises |Buy | $238.00|$236.00 | |Devin McDermott |Morgan Stanley |Raises |Overweight | $227.00|$220.00 | |Josh Silverstein |UBS |Raises |Buy | $216.00|$212.00 | |John Freeman |Raymond James |Raises |Strong Buy | $256.00|$237.00 | |Scott Hanold |RBC Capital |Maintains |Outperform | $210.00|$210.00 | |Arun Jayaram |JP Morgan |Raises |Overweight | $195.00|$191.00 | |Neal Dingmann |Truist Securities |Raises |Buy | $236.00|$230.00 |

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Diamondback Energy. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Diamondback Energy compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Diamondback Energy's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Diamondback Energy's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Diamondback Energy analyst ratings.

About Diamondback Energy

Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2024, the company reported net proven reserves of 3.6 billion barrels of oil equivalent. Net production averaged about 598,000 barrels per day in 2024, at a ratio of 56% oil, 23% natural gas liquids, and 21% natural gas.

Diamondback Energy's Financial Performance

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Positive Revenue Trend: Examining Diamondback Energy's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 66.71% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.

Net Margin: Diamondback Energy's net margin is impressive, surpassing industry averages. With a net margin of 29.06%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Diamondback Energy's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.86%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Diamondback Energy's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.61%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Diamondback Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.35, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.