Diamondback Energy (FANG) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Diamondback Energy (FANG) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 3, 2024 (14:17)

Sector: Energy

The share price of Diamondback Energy, Inc. (FANG) now

Latest session on the 2nd of May for
Diamondback Energy, Inc. is positive
Trading Volume: 1933217
Open: 196.82 /  High: 198.15 /  Low: 195.04
What analysts predict: $220.8
52-week High/Low: $211.96 / $118.12

50/200 Day Moving Average: $194.2 / $164.33

This figure corresponds to the Average Price over the previous 50/200 days. For Diamondback Energy stocks, the 50-day moving average is the support level today.

For Diamondback Energy stocks, the 200-day moving average is the support level today.

Are you interested in Diamondback Energy, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Diamondback Energy stock price in 2024, 2025, 2026, 2027, 2028. How much will one Diamondback Energy share be worth in 2024 - 2028?

When should I take profit in Diamondback Energy stock? When should I record a loss on Diamondback Energy stock? What are analysts' forecasts for Diamondback Energy stock? What is the future of Diamondback Energy stock? We forecast Diamondback Energy stock performance using neural networks based on historical data on Diamondback Energy stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Diamondback Energy stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Diamondback Energy shares. This happens once a day.


Historical and forecast chart of Diamondback Energy stock

The chart below shows the historical price of Diamondback Energy stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Diamondback Energy stock price can be found in the table below.

Long-term forecasts by years.

Diamondback Energy, Inc., an independent oil and gas company, specializes in the acquisition, development, exploration and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin of West Texas. It focuses on the development of the Spraberry and Wolfcamp formations in the Midland Basin; and the Wolfcamp and Bone Spring Formations in the Delaware Basin, which are part of the Permian Basin in West Texas and New Mexico.

Diamondback Energy daily forecast for a month

Date Target Pes. Opt. Vol., %
May 05 200.04 197.64 203.24 2.83
May 06 201.68 200.31 203.38 1.53
May 07 202.73 201.88 205.57 1.83
May 08 202.65 201.07 204.47 1.69
May 09 200.87 199.14 202.11 1.49
May 10 200.39 198.38 203.31 2.48
May 11 200.06 197.34 202.71 2.72
May 12 201.71 200.90 204.73 1.91
May 13 202.19 200.57 205.06 2.24
May 14 202.07 199.52 204.61 2.55
May 15 200.05 198.53 201.45 1.47
May 16 201.09 197.99 202.74 2.40
May 17 201.89 199.43 204.72 2.65
May 18 203.22 201.76 204.04 1.13
May 19 205.78 203.19 207.51 2.13
May 20 203.85 202.55 205.97 1.69
May 21 202.75 201.21 204.82 1.79
May 22 200.92 198.71 201.73 1.52
May 23 197.43 196.40 199.01 1.33
May 24 195.18 192.52 198.26 2.98
May 25 195.10 192.64 197.48 2.51
May 26 195.84 192.71 197.88 2.68
May 27 197.84 195.58 200.37 2.45
May 28 198.08 197.20 200.02 1.43
May 29 196.81 195.04 199.88 2.48
May 30 195.31 193.05 196.48 1.78
May 31 195.59 194.22 197.66 1.77
Jun 01 192.18 191.34 194.57 1.69
Jun 02 189.19 188.31 192.06 1.99
Jun 03 189.56 188.62 190.47 0.99

Diamondback Energy Daily Price Targets


Diamondback Energy Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $200.04.
Positive dynamics for Diamondback Energy shares will prevail with possible volatility of 2.756%.
Pessimistic target level: 197.64
Optimistic target level: 203.24

Diamondback Energy Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $201.68.
Positive dynamics for Diamondback Energy shares will prevail with possible volatility of 1.507%.
Pessimistic target level: 200.31
Optimistic target level: 203.38

Diamondback Energy Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $202.73.
Positive dynamics for Diamondback Energy shares will prevail with possible volatility of 1.795%.
Pessimistic target level: 201.88
Optimistic target level: 205.57

Diamondback Energy Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $202.65.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 1.665%.
Pessimistic target level: 201.07
Optimistic target level: 204.47

Diamondback Energy Stock Forecast 05-09-2024.

Forecast target price for 05-09-2024: $200.87.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 1.471%.
Pessimistic target level: 199.14
Optimistic target level: 202.11

Diamondback Energy Stock Forecast 05-10-2024.

Forecast target price for 05-10-2024: $200.39.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 2.424%.
Pessimistic target level: 198.38
Optimistic target level: 203.31

FANG (FANG) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 193.84 180.11 206.86 12.93
Jul. 208.26 201.51 224.75 10.34
Aug. 202.01 194.49 218.74 11.08
Sep. 202.74 183.27 220.25 16.79
Oct. 209.06 194.51 228.38 14.83
Nov. 215.58 197.22 226.97 13.11
Dec. 211.96 198.23 222.90 11.07

Diamondback Energy forecast for this year


Diamondback Energy Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $193.836. Pessimistic: $180.11. Optimistic: $206.86


Diamondback Energy Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $208.257. Pessimistic: $201.51. Optimistic: $224.75


Diamondback Energy Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $202.009. Pessimistic: $194.49. Optimistic: $218.74


Diamondback Energy Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $202.736. Pessimistic: $183.27. Optimistic: $220.25


Diamondback Energy Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $209.062. Pessimistic: $194.51. Optimistic: $228.38


Diamondback Energy Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $215.584. Pessimistic: $197.22. Optimistic: $226.97


Diamondback Energy Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $211.963. Pessimistic: $198.23. Optimistic: $222.90



Diamondback Energy (FANG) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 203.82 193.80 213.12 9.07
Feb 213.36 193.39 230.77 16.20
Mar 217.97 199.92 227.39 12.08
Apr 227.13 217.59 241.30 9.83
May 218.40 200.06 225.22 11.17
Jun 213.69 201.64 222.15 9.23
Jul 216.76 200.12 230.03 13.00
Aug 229.77 218.47 243.00 10.10
Sep 226.74 212.04 237.62 10.76
Oct 213.13 203.41 228.99 11.17
Nov 217.48 209.91 234.97 10.66
Dec 227.14 205.60 241.31 14.80

Diamondback Energy (FANG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 228.23 217.55 235.07 7.46
Feb 219.19 211.04 231.55 8.86
Mar 208.93 189.63 222.72 14.86
Apr 193.14 175.06 199.86 12.41
May 186.88 173.20 203.47 14.88
Jun 195.62 177.31 207.36 14.49
Jul 202.90 193.65 211.91 8.62
Aug 199.74 189.19 209.08 9.51
Sep 194.46 176.49 204.03 13.50
Oct 202.86 188.26 215.04 12.45
Nov 188.99 171.98 200.33 14.15
Dec 168.80 154.42 175.89 12.21

Diamondback Energy (FANG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 162.73 158.63 169.37 6.34
Feb 160.77 154.60 172.16 10.20
Mar 170.81 160.97 179.42 10.28
Apr 183.72 168.07 196.73 14.57
May 179.31 166.40 193.73 14.11
Jun 169.41 158.64 180.19 11.96
Jul 164.74 157.22 179.17 12.25
Aug 165.13 150.67 170.88 11.83
Sep 154.83 148.70 165.23 10.01
Oct 136.25 129.87 148.18 12.36
Nov 135.10 131.21 141.75 7.43
Dec 132.83 120.08 143.83 16.51

Diamondback Energy (FANG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 145.11 136.58 158.69 13.94
Feb 137.27 131.18 145.51 9.85
Mar 142.05 129.95 150.40 13.60
Apr 147.85 137.56 157.96 12.92
May 161.68 157.80 170.03 7.19
Jun 160.13 146.49 169.35 13.50
Jul 172.05 166.06 182.78 9.15
Aug 171.84 165.65 179.26 7.59
Sep 174.11 157.81 181.42 13.01
Oct 170.56 159.50 177.72 10.25
Nov 176.49 167.81 181.36 7.47
Dec 164.63 155.15 172.14 9.87

Diamondback Energy information and performance

Diamondback Energy Address

500 WEST TEXAS, SUITE 1210, MIDLAND, TX, US

Market Capitalization: 34 957 206 000 $

Market capitalization of the Diamondback Energy, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of FANG shares in the company outstanding by the market price of one share.

EBITDA: 6 296 000 000 $

EBITDA of Diamondback Energy is earnings before interest, income tax and depreciation of assets.

PE Ratio: 11.05

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.201

Price/earnings to growth

DPS: 9.26

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0472

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 17.74

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.102
Quarterly Revenue Growth YOY: 0.225
Trailing PE: 11.05

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 11.52

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 5.16

Enterprise Value (EV) /Revenue

EV To EBITDA: 6.97

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 178344000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Diamondback Energy (FANG) stock dividend

Diamondback Energy last paid dividends on 05/14/2024. The next scheduled payment will be on 03/12/2024. The amount of dividends is $9.26 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.