Piper Sandler Boosts Diamondback Energy (NASDAQ:FANG) Price Target to $248.00

Diamondback Energy (NASDAQ:FANG) had its target price lifted by investment analysts at Piper Sandler from $215.00 to $248.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the oil and natural gas company’s stock. Piper Sandler’s price objective would indicate a potential upside of 37.08% from the company’s current price.

FANG has been the topic of several other reports. Citigroup reduced their price target on Diamondback Energy from $180.00 to $178.00 and set a “buy” rating on the stock in a research report on Tuesday, January 6th. Barclays increased their price objective on Diamondback Energy from $178.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. TD Cowen upgraded shares of Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Roth Mkm reaffirmed a “buy” rating and issued a $180.00 target price on shares of Diamondback Energy in a research note on Tuesday, February 24th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Diamondback Energy in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $191.67.

Diamondback Energy Trading Up 2.4%

Shares of FANG stock traded up $4.28 on Thursday, hitting $180.92. 2,024,387 shares of the company’s stock traded hands, compared to its average volume of 2,690,301. The stock has a market capitalization of $51.03 billion, a price-to-earnings ratio of 32.30 and a beta of 0.59. The company’s fifty day simple moving average is $163.00 and its 200 day simple moving average is $151.99. Diamondback Energy has a one year low of $114.00 and a one year high of $186.65. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42.

Diamondback Energy (NASDAQ:FANG) last posted its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.26). Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same period in the prior year, the firm earned $3.67 earnings per share. The business’s revenue for the quarter was down 9.0% on a year-over-year basis. Equities analysts forecast that Diamondback Energy will post 15.49 EPS for the current year.

Insider Buying and Selling at Diamondback Energy

In other Diamondback Energy news, Chairman Travis D. Stice sold 63,957 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $181.16, for a total value of $11,586,450.12. Following the completion of the transaction, the chairman directly owned 305,314 shares in the company, valued at approximately $55,310,684.24. This represents a 17.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles Alvin Meloy sold 60,605 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the completion of the sale, the director directly owned 982,006 shares of the company’s stock, valued at approximately $158,220,806.72. This represents a 5.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,168,462 shares of company stock valued at $192,197,747. 0.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FANG. Flagship Harbor Advisors LLC purchased a new position in shares of Diamondback Energy in the 4th quarter valued at approximately $25,000. Laurel Wealth Advisors LLC purchased a new stake in Diamondback Energy in the fourth quarter worth $26,000. Richardson Financial Services Inc. raised its holdings in Diamondback Energy by 245.1% in the fourth quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock worth $26,000 after purchasing an additional 125 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Diamondback Energy during the third quarter valued at $26,000. Finally, Wellington Shields & Co. LLC lifted its position in Diamondback Energy by 264.7% during the fourth quarter. Wellington Shields & Co. LLC now owns 186 shares of the oil and natural gas company’s stock valued at $28,000 after buying an additional 135 shares during the period. Hedge funds and other institutional investors own 90.01% of the company’s stock.

Diamondback Energy News Summary

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Goldman Sachs raised its price target to $212 and reiterated a Buy rating, providing institutional support and an analyst-driven upside narrative for the stock. Goldman Sachs price target raise
• Positive Sentiment: Diamondback raised its quarterly dividend to $1.05 (from $1.00), increasing yield and returning more cash to shareholders — a constructive signal for income-focused investors. Dividend increase (MarketBeat)
• Neutral Sentiment: Zacks released mixed model updates: near-term (Q1–Q3 FY2026) EPS estimates were trimmed while some later-quarter and FY2027 estimates were raised, leaving earnings visibility mixed and contributing to uncertainty about the timing of any recovery. Zacks Research Forecasts
• Neutral Sentiment: Reported short-interest prints are effectively zero or inconsistent (days-to-cover ~0.0), suggesting limited short-covering dynamics are affecting today’s move; data may be a reporting artifact.
• Negative Sentiment: SGF FANG Holdings priced an underwritten secondary offering of 11,000,000 shares (~$1.9B gross proceeds). Diamondback receives no proceeds — the large incremental supply from the largest shareholder is a primary downward pressure on the stock. Secondary offering priced (GlobeNewswire)
• Negative Sentiment: Multiple senior insiders disclosed sizable stock sales (Chairman Travis Stice and Director Charles Meloy among them). While sales can be for personal/liquidity reasons, clustered insider selling alongside the large shareholder offering heightens dilution/sentiment concerns. Insider sale filings (SEC)
• Negative Sentiment: Press coverage highlights executive selling during the prior rally and frames the equity raise amid softer oil/gas prices as a test of the company’s post‑merger capital allocation story, reinforcing bearish sentiment. Executives sold into rally (MarketWatch)

About Diamondback Energy

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.