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







Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…
How ZIM Integrated Container Tracking is Revolutionizing Global Trade

April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade

Have you ever wondered how your online shopping packages get to you? A big part of the answer is ZIM Integrated Container Tracking.…
6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…
Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

Human error is common in forex trading and often leads to familiar trading issues. These trading mishaps lead to significant novice traders regularly. …

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

Updated: April 19, 2024 (08:53)

Sector: Energy

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

Latest session on the 19th of April for
Diamondback Energy, Inc. is positive
Trading Volume: 1800767
Open: 201.23 /  High: 203.85 /  Low: 200.1
What analysts predict: $208.24
52-week High/Low: $211.96 / $118.12

50/200 Day Moving Average: $183.36 / $159.79

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., %
Apr 21 200.21 197.19 203.58 3.24
Apr 22 197.52 195.20 200.12 2.52
Apr 23 193.82 189.75 196.15 3.37
Apr 24 189.26 186.45 190.37 2.10
Apr 25 191.64 188.64 193.63 2.65
Apr 26 189.23 186.05 191.51 2.93
Apr 27 188.59 184.95 192.61 4.14
Apr 28 189.23 186.31 190.60 2.30
Apr 29 186.10 182.97 189.12 3.36
Apr 30 187.61 183.94 191.45 4.08
May 01 189.50 188.18 192.05 2.06
May 02 190.46 188.33 193.29 2.63
May 03 193.23 189.01 197.56 4.52
May 04 197.67 195.73 201.27 2.83
May 05 195.01 193.32 199.11 2.99
May 06 193.97 192.07 196.74 2.43
May 07 197.61 194.02 201.98 4.11
May 08 200.88 199.58 205.15 2.79
May 09 195.93 193.35 200.26 3.58
May 10 191.48 187.68 193.68 3.20
May 11 192.18 191.00 195.41 2.31
May 12 194.23 192.00 198.25 3.26
May 13 199.28 196.88 202.19 2.69
May 14 198.28 195.78 201.56 2.95
May 15 198.06 194.73 199.89 2.65
May 16 200.11 197.42 202.01 2.33
May 17 197.31 193.27 199.57 3.26
May 18 195.21 193.57 196.52 1.53
May 19 196.96 194.59 201.20 3.40
May 20 193.81 192.73 197.99 2.73

Diamondback Energy Daily Price Targets


Diamondback Energy Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $200.21.
Positive dynamics for Diamondback Energy shares will prevail with possible volatility of 3.139%.
Pessimistic target level: 197.19
Optimistic target level: 203.58

Diamondback Energy Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $197.52.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 2.460%.
Pessimistic target level: 195.20
Optimistic target level: 200.12

Diamondback Energy Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $193.82.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 3.264%.
Pessimistic target level: 189.75
Optimistic target level: 196.15

Diamondback Energy Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $189.26.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 2.060%.
Pessimistic target level: 186.45
Optimistic target level: 190.37

Diamondback Energy Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $191.64.
Positive dynamics for Diamondback Energy shares will prevail with possible volatility of 2.577%.
Pessimistic target level: 188.64
Optimistic target level: 193.63

Diamondback Energy Stock Forecast 04-26-2024.

Forecast target price for 04-26-2024: $189.23.
Negative dynamics for Diamondback Energy shares will prevail with possible volatility of 2.850%.
Pessimistic target level: 186.05
Optimistic target level: 191.51

FANG (FANG) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 231.10 225.00 236.93 5.03
Jun. 250.79 230.33 262.83 12.37
Jul. 239.36 222.70 252.85 11.93
Aug. 243.66 231.97 257.11 9.78
Sep. 237.82 226.69 254.37 10.88
Oct. 246.66 229.79 266.49 13.77
Nov. 255.84 246.01 272.42 9.69
Dec. 242.64 229.83 264.77 13.20

Diamondback Energy forecast for this year


Diamondback Energy Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $231.101. Pessimistic: $225.00. Optimistic: $236.93


Diamondback Energy Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $250.791. Pessimistic: $230.33. Optimistic: $262.83


Diamondback Energy Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $239.355. Pessimistic: $222.70. Optimistic: $252.85


Diamondback Energy Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $243.663. Pessimistic: $231.97. Optimistic: $257.11


Diamondback Energy Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $237.815. Pessimistic: $226.69. Optimistic: $254.37


Diamondback Energy Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $246.662. Pessimistic: $229.79. Optimistic: $266.49


Diamondback Energy Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $255.838. Pessimistic: $246.01. Optimistic: $272.42


Diamondback Energy Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $242.636. Pessimistic: $229.83. Optimistic: $264.77



Diamondback Energy (FANG) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 248.46 234.45 258.00 9.13
Feb 277.68 251.36 299.00 15.94
Mar 282.68 260.63 302.01 13.70
Apr 274.54 261.03 283.76 8.01
May 275.19 263.64 296.99 11.23
Jun 271.89 264.06 296.36 10.90
Jul 263.74 254.56 270.70 5.96
Aug 282.09 262.12 303.42 13.61
Sep 303.08 283.44 324.90 12.76
Oct 331.81 314.29 349.73 10.13
Nov 318.27 299.56 334.31 10.40
Dec 294.59 287.52 316.87 9.26

Diamondback Energy (FANG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 262.78 242.28 287.69 15.78
Feb 267.51 242.47 291.90 16.94
Mar 267.19 260.45 283.86 8.25
Apr 278.73 260.00 291.44 10.79
May 269.03 250.63 294.53 14.91
Jun 258.05 236.07 269.20 12.31
Jul 254.34 239.69 272.34 11.99
Aug 261.36 253.52 283.94 10.71
Sep 276.41 254.19 301.29 15.63
Oct 248.55 239.90 265.55 9.66
Nov 233.04 217.94 253.73 14.11
Dec 240.03 229.09 261.35 12.34

Diamondback Energy (FANG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 225.92 211.82 234.32 9.60
Feb 227.00 221.01 248.25 10.97
Mar 223.46 213.00 233.38 8.73
Apr 211.13 205.30 225.31 8.88
May 215.69 204.04 220.86 7.62
Jun 240.53 228.12 260.45 12.41
Jul 232.74 222.13 243.63 8.83
Aug 231.90 213.53 243.31 12.24
Sep 226.06 209.24 231.48 9.61
Oct 232.84 211.32 238.71 11.47
Nov 227.25 216.07 248.25 12.96
Dec 226.43 214.75 244.91 12.32

Diamondback Energy (FANG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 235.94 225.75 254.06 11.14
Feb 233.96 211.50 251.93 16.05
Mar 248.28 240.53 270.03 10.92
Apr 254.83 231.59 271.35 14.65
May 273.79 249.48 290.55 14.13
Jun 287.59 278.27 305.54 8.92
Jul 298.64 286.09 316.91 9.72
Aug 272.48 262.01 292.42 10.40
Sep 282.28 269.07 291.77 7.78
Oct 298.21 286.04 315.02 9.20
Nov 288.19 262.25 307.21 14.63
Dec 274.35 266.45 296.74 10.21

Diamondback Energy information and performance

Diamondback Energy Address

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

Market Capitalization: 36 798 677 000 $

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: 11.91

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: 0.0394

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

EPS: 17.33

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: 11.91

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: 178340000

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.




Related stocks from Energy sector


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.