Analyst Price Target is $195.78
▲ +48.34% Upside Potential
This price target is based on 22 analysts offering 12 month price targets for Diamondback Energy in the last 3 months. The average price target is $195.78, with a high forecast of $242.00 and a low forecast of $163.00. The average price target represents a 48.34% upside from the last price of $131.98.
Current Consensus is
Buy
The current consensus among 22 investment analysts is to buy stock in Diamondback Energy. This rating changed within the last month from a Moderate Buy consensus rating.
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
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