58/100BDiamondback Energy stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Diamondback Energy is 235.50, 27.3% above the current price of 185.00. Their targets range from 206.00 to 259.00.
Of the 14 firms that rated Diamondback Energy in the past 12 months, 10 rate it buy or strong buy, 4 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 206.00 to 259.00, with an average of 235.50.
| Buy | 10 | |
| Hold | 4 | |
| Sell | 0 |
12-month price target
| Highest target | 259.00 |
| Average target | 235.50 |
| Lowest target | 206.00 |
| Current price | 185.00 |
Diamondback Energy price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Diamondback Energy price target and rating?
How analysts rate Diamondback Energy, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
10 of 14 firms rate it buy now, against 3 of 3 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Diamondback Energy analyst upgrades, downgrades and price targets
The latest rating change came on 12 November 2026, when Bernstein downgraded Diamondback Energy from Outperform to Market Perform. The most recent new target came from Stifel Nicolaus on 3 November 2026: 259.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 12 Nov 2026 | Bernstein | Downgraded · Outperform → Market Perform | — | — | — |
| 3 Nov 2026 | Stifel Nicolaus David Deckelbaum | — | 259.00 | — | 194.60 |
| 15 Oct 2026 | Morgan Stanley | Reiterated · Equal Weight | 216.00 → 222.00 | +2.8% | 195.35 |
| 14 Oct 2026 | Scotiabank | — | 175.00 → 250.00 | +42.9% | 197.51 |
| 11 Oct 2026 | Jefferies | — | 205.00 → 215.00 | +4.9% | 192.13 |
| 17 Sept 2026 | Stephens | — | 255.00 | — | 193.15 |
| 14 Sept 2026 | UBS | Reiterated · Buy | 243.00 → 253.00 | +4.1% | 204.97 |
| 19 Aug 2026 | Morgan Stanley | Downgraded · Overweight → Equal Weight | — | — | — |
| 17 Aug 2026 | Barclays | Reiterated · Overweight | 232.00 → 221.00 | -4.7% | 202.47 |
| 9 Aug 2026 | Jefferies | — | 173.00 → 205.00 | +18.5% | 188.04 |
| 5 Aug 2026 | Truist Financial Gabe Daoud | Reiterated · Buy | 220.00 → 224.00 | +1.8% | 188.48 |
| 4 Aug 2026 | Wells Fargo | — | 212.00 → 237.00 | +11.8% | 191.87 |
| 4 Aug 2026 | Wolfe Research Doug Leggate | — | 206.00 | — | 191.63 |
| 31 Jul 2026 | Raymond James John Freeman | — | 249.00 → 248.00 | -0.4% | 199.65 |
| 21 Jul 2026 | Susquehanna Charles Minervino | Reiterated · Positive | 245.00 → 255.00 | +4.1% | 197.87 |
| 21 Jul 2026 | UBS Josh Silverstein | Reiterated · Buy | 245.00 → 243.00 | -0.8% | 195.38 |
| 16 Jul 2026 | Truist Financial Gabe Daoud | Reiterated · Buy | 242.00 → 220.00 | -9.1% | 190.05 |
| 29 Jun 2026 | Morgan Stanley | Reiterated · Overweight | 229.00 → 216.00 | -5.7% | 179.91 |
| 22 Jun 2026 | Wells Fargo | — | 262.00 → 212.00 | -19.1% | 183.50 |
| 22 Jun 2026 | Roth Capital | — | 205.00 → 212.00 | +3.4% | 183.50 |
| 10 Jun 2026 | Raymond James John Freeman | — | 242.00 → 249.00 | +2.9% | 194.24 |
| 27 May 2026 | Mizuho Securities Nitin Kumar | Reiterated · Outperform | 205.00 → 240.00 | +17.1% | 195.13 |
| 26 May 2026 | Barclays Betty Jiang | Reiterated · Overweight | 225.00 → 232.00 | +3.1% | 200.71 |
| 22 May 2026 | Morgan Stanley Devin McDermott | Reiterated · Overweight | 224.00 → 229.00 | +2.2% | 200.31 |
| 11 May 2026 | Bernstein Bob Brackett | Reiterated · Outperform | 190.00 → 241.00 | +26.8% | 188.70 |
| 6 May 2026 | Susquehanna | Reiterated · Positive | 188.00 → 245.00 | +30.3% | 196.43 |
| 6 May 2026 | Truist Financial | — | 242.00 | — | 197.02 |
| 5 May 2026 | Roth Capital | — | 180.00 → 205.00 | +13.9% | 207.70 |
| 5 May 2026 | Barclays | Reiterated · Overweight | 178.00 → 225.00 | +26.4% | 213.69 |
| 27 Apr 2026 | Raymond James John Freeman | — | 240.00 → 242.00 | +0.8% | 197.03 |
| 20 Apr 2026 | Wells Fargo Hanwen Chang | Reiterated · Overweight | 171.00 → 262.00 | +53.2% | 180.27 |
| 17 Apr 2026 | Morgan Stanley Devin McDermott | — | 171.00 → 224.00 | +31.0% | 173.23 |
| 10 Apr 2026 | UBS | — | 195.00 → 245.00 | +25.6% | 187.20 |
| 8 Apr 2026 | Roth Capital | Downgraded · Buy → Neutral | — | — | — |
| 23 Mar 2026 | Goldman Sachs | — | 100.00 | — | 191.78 |
| 17 Mar 2026 | Raymond James John Freeman | — | 240.00 | — | 187.08 |
| 5 Mar 2026 | The Benchmark Company | Downgraded · Buy → Hold | — | — | — |
| 24 Feb 2026 | Roth Capital | — | 162.00 → 180.00 | +11.1% | 172.80 |
| 24 Feb 2026 | UBS | — | 194.00 → 195.00 | +0.5% | 173.07 |
| 24 Feb 2026 | Mizuho Securities | — | 194.00 → 205.00 | +5.7% | 173.82 |
| 28 Jan 2026 | Piper Sandler | — | 215.00 → 218.00 | +1.4% | 159.12 |
| 27 Jan 2026 | Wells Fargo | — | 215.00 → 171.00 | -20.5% | 153.52 |
| 23 Jan 2026 | Morgan Stanley | — | 183.00 → 171.00 | -6.6% | 154.49 |
| 21 Jan 2026 | Piper Sandler | — | 219.00 → 215.00 | -1.8% | 148.70 |
| 19 Jan 2026 | Jefferies Lloyd Byrne | — | 173.00 | — | 151.28 |
| 16 Jan 2026 | Scotiabank | — | 182.00 → 175.00 | -3.8% | 150.39 |
| 5 Jan 2026 | Bernstein | — | 190.00 | — | 152.34 |
| 12 Dec 2025 | UBS | — | 194.00 | — | 157.24 |
| 12 Dec 2025 | Mizuho Securities | — | 194.00 | — | 157.06 |
| 20 Nov 2025 | Morgan Stanley Devin McDermott | — | 206.00 → 183.00 | -11.2% | 149.00 |
Diamondback Energy EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Diamondback Energy's EPS to grow 49.1% a year until 2028.
Analysts expect Diamondback Energy's revenue to grow 5.4% a year until 2028, slower than over the last 5 years (39.8% a year) and the last 3 years (16.2%).
Revenue
EPS
Does Diamondback Energy beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 6.0% off the result, either way, and their revenue estimate 8.2%, over the last 12 quarters.
- EPS beats
- 41 / 56
- Revenue beats
- 39 / 56
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +0.8%
- Since
- February 2013
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 2 Nov 2026 | 5.72 | 5.86 | +2.4% | 4.60B | 5.43B | +18.0% |
| Q2 FY2026 | 3 Aug 2026 | 6.08 | 6.48 | +6.6% | 4.89B | 4.82B | -1.3% |
| Q1 FY2026 | 4 May 2026 | 3.74 | 4.23 | +13.1% | 3.83B | 4.24B | +10.6% |
| Q4 FY2025 | 23 Feb 2026 | 2.00 | 1.74 | -13.0% | 3.28B | 3.03B | -7.5% |
| Q3 FY2025 | 3 Nov 2025 | 2.94 | 3.08 | +4.8% | 3.53B | 3.92B | +11.2% |
| Q2 FY2025 | 4 Aug 2025 | 2.76 | 2.67 | -3.3% | 3.35B | 3.65B | +9.1% |
| Q1 FY2025 | 5 May 2025 | 4.18 | 4.54 | +8.6% | 3.77B | 4.03B | +6.9% |
| Q4 FY2024 | 25 Feb 2025 | 3.57 | 3.64 | +2.0% | 3.55B | 3.70B | +4.0% |
| Q3 FY2024 | 4 Nov 2024 | 3.98 | 3.38 | -15.1% | 2.43B | 2.65B | +8.6% |
| Q2 FY2024 | 5 Aug 2024 | 4.51 | 4.52 | +0.2% | 2.19B | 2.48B | +13.2% |
| Q1 FY2024 | 30 Apr 2024 | 4.42 | 4.50 | +1.8% | 2.10B | 2.22B | +5.5% |
| Q4 FY2023 | 20 Feb 2024 | 4.66 | 4.74 | +1.7% | 2.17B | 2.22B | +2.2% |
Diamondback Energy stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Diamondback Energy's earnings grow at the 16.4% a year analysts expect to FY2028, then 15.0% a year, it would earn about 25.10 a share in FY2030. At the P/E it has traded at over the last five years (5.6 to 26.2) that is 139.50 to 658.49 a share, or 356.94 at its average P/E of 14.2. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 23.24 | 129.16 | 330.49 | 609.70 |
| FY2027 | 21.24 | 118.07 | 302.10 | 557.33 |
| FY2028 | 18.98 | 105.48 | 269.90 | 497.91 |
| FY2029 (extrapolated) | 21.83 | 121.30 | 310.38 | 572.60 |
| FY2030 (extrapolated) | 25.10 | 139.50 | 356.94 | 658.49 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (5.6, 14.2, 26.2).
Is Diamondback Energy stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Diamondback Energy's P/E of 25.3 is near the top of its 5-year range (5.0 to 247.8, median 9.8). Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history. Fair value is not a reliable guide for Diamondback Energy: its earnings swing (EPS fell 63.1% in FY2025), so its usual P/E would mislead. Its forward P/E, on the consensus for FY2026, is 8.0.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 25.31
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 9.82
- Five-year P/E range
- 5.0 – 247.8
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 7.96
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.54
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +27.3%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 235.690 | 464.49205Price 235.69627 | +97.1% | |
| 28.860 | 56.2634Price 28.8696 | +94.9% | |
| 199.110 | 384.58163Price 199.112,644 | +93.1% | |
| 123.990 | 237.24178Price 123.99297 | +91.3% | |
| 157.820 | 297.58169Price 157.82471 | +88.6% | |
| 162.670 | 305.52160Price 162.67396 | +87.8% | |
| 216.610 | 405.38304Price 216.61507 | +87.1% |
Furthest below the fair value on each stock's page, updated every day.