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 2, 2024 (19:54)

Sector: Energy

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

Latest session on the 1st of May for
Diamondback Energy, Inc. is negative
Trading Volume: 2875241
Open: 203 /  High: 203.5 /  Low: 193.185
What analysts predict: $220.28
52-week High/Low: $211.96 / $118.12

50/200 Day Moving Average: $193.84 / $164.03

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 04 197.68 196.02 199.86 1.96
May 05 197.29 194.68 198.20 1.80
May 06 196.50 194.38 197.80 1.76
May 07 198.39 197.08 200.17 1.57
May 08 197.39 194.75 199.25 2.31
May 09 197.79 196.72 200.95 2.15
May 10 196.84 195.11 198.53 1.76
May 11 195.19 194.17 196.24 1.07
May 12 194.09 191.53 196.69 2.70
May 13 193.36 191.89 195.64 1.95
May 14 191.07 188.59 192.14 1.88
May 15 192.49 190.49 194.80 2.26
May 16 192.18 189.53 193.91 2.31
May 17 192.72 190.83 195.57 2.48
May 18 196.07 193.25 198.89 2.92
May 19 197.09 196.18 200.09 1.99
May 20 197.56 195.83 198.91 1.57
May 21 199.90 197.22 201.97 2.41
May 22 196.66 194.14 198.94 2.47
May 23 194.38 193.44 196.24 1.45
May 24 192.90 190.85 194.94 2.14
May 25 192.05 189.71 193.20 1.84
May 26 191.97 188.94 194.05 2.70
May 27 190.25 188.80 192.38 1.89
May 28 188.42 185.52 190.98 2.95
May 29 188.04 186.84 189.21 1.27
May 30 189.47 186.86 191.25 2.35
May 31 187.54 186.41 188.96 1.37
Jun 01 187.24 186.49 189.71 1.73
Jun 02 185.52 183.92 186.41 1.35

Diamondback Energy Daily Price Targets


Diamondback Energy Stock Forecast 05-04-2024.

Forecast target price for 05-04-2024: $197.68.
Positive dynamics for Diamondback Energy shares will prevail with possible volatility of 1.919%.
Pessimistic target level: 196.02
Optimistic target level: 199.86

Diamondback Energy Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $197.29.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 1.772%.
Pessimistic target level: 194.68
Optimistic target level: 198.20

Diamondback Energy Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $196.50.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 1.729%.
Pessimistic target level: 194.38
Optimistic target level: 197.80

Diamondback Energy Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $198.39.
Positive dynamics for Diamondback Energy shares will prevail with possible volatility of 1.546%.
Pessimistic target level: 197.08
Optimistic target level: 200.17

Diamondback Energy Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $197.39.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 2.258%.
Pessimistic target level: 194.75
Optimistic target level: 199.25

Diamondback Energy Stock Forecast 05-09-2024.

Forecast target price for 05-09-2024: $197.79.
Positive dynamics for Diamondback Energy shares will prevail with possible volatility of 2.106%.
Pessimistic target level: 196.72
Optimistic target level: 200.95

FANG (FANG) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 218.99 198.49 233.18 14.88
Jul. 224.25 217.52 235.55 7.65
Aug. 215.64 205.80 232.97 11.66
Sep. 194.16 184.61 201.38 8.33
Oct. 175.75 164.79 184.82 10.84
Nov. 167.32 159.08 173.54 8.33
Dec. 162.90 147.26 169.35 13.04

Diamondback Energy forecast for this year


Diamondback Energy Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $218.99. Pessimistic: $198.49. Optimistic: $233.18


Diamondback Energy Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $224.246. Pessimistic: $217.52. Optimistic: $235.55


Diamondback Energy Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $215.635. Pessimistic: $205.80. Optimistic: $232.97


Diamondback Energy Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $194.158. Pessimistic: $184.61. Optimistic: $201.38


Diamondback Energy Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $175.752. Pessimistic: $164.79. Optimistic: $184.82


Diamondback Energy Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $167.316. Pessimistic: $159.08. Optimistic: $173.54


Diamondback Energy Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $162.898. Pessimistic: $147.26. Optimistic: $169.35



Diamondback Energy (FANG) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 161.53 156.49 173.55 9.83
Feb 161.14 155.34 172.36 9.87
Mar 171.20 157.23 177.77 11.56
Apr 152.71 140.98 158.21 10.89
May 134.75 129.58 138.95 6.75
Jun 136.53 132.92 142.92 6.99
Jul 147.34 138.32 157.60 12.23
Aug 163.43 154.02 171.47 10.18
Sep 180.30 163.21 192.63 15.28
Oct 194.36 189.23 209.99 9.88
Nov 200.43 182.87 211.25 13.43
Dec 207.88 202.89 217.36 6.66

Diamondback Energy (FANG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 215.12 200.66 226.99 11.60
Feb 207.11 201.15 215.56 6.69
Mar 195.93 182.76 208.39 12.30
Apr 191.70 179.97 201.82 10.83
May 211.02 195.83 225.96 13.34
Jun 204.44 189.96 209.83 9.47
Jul 216.46 208.14 230.74 9.79
Aug 220.61 213.20 231.20 7.79
Sep 220.88 210.28 232.54 9.57
Oct 210.81 203.72 219.91 7.36
Nov 221.94 209.69 242.98 13.70
Dec 208.35 192.60 222.10 13.28

Diamondback Energy (FANG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 209.10 194.05 216.13 10.22
Feb 232.19 216.86 241.94 10.36
Mar 250.02 232.02 262.92 11.75
Apr 250.62 235.58 266.26 11.52
May 249.42 239.54 267.68 10.51
Jun 259.89 243.68 269.25 9.50
Jul 274.55 249.84 294.32 15.11
Aug 304.53 276.76 318.78 13.18
Sep 319.15 296.55 341.36 13.13
Oct 295.02 281.92 304.93 7.55
Nov 282.63 268.39 307.39 12.69
Dec 269.06 244.85 282.95 13.47

Diamondback Energy (FANG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 271.32 258.95 279.79 7.45
Feb 280.12 260.96 302.97 13.87
Mar 277.09 253.48 293.72 13.70
Apr 284.07 264.30 297.03 11.02
May 282.71 273.55 300.01 8.82
Jun 302.73 292.55 323.07 9.45
Jul 300.55 292.97 315.69 7.20
Aug 287.20 278.59 295.47 5.72
Sep 257.56 245.82 263.74 6.80
Oct 246.74 226.61 268.06 15.46
Nov 217.73 203.88 226.35 9.93
Dec 194.74 177.68 205.72 13.63

Diamondback Energy information and performance

Diamondback Energy Address

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

Market Capitalization: 35 870 331 000 $

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: 6 088 000 000 $

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

PE Ratio: 11.34

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: 8.12

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: 0.0404

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

EPS: 17.73

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

Quarterly Earnings Growth YOY: -0.051
Quarterly Revenue Growth YOY: 0.113
Trailing PE: 11.34

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 03/04/2024. The next scheduled payment will be on 03/12/2024. The amount of dividends is $8.12 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.