$154.94
1.23% day before yesterday
Nasdaq, Dec 20, 10:06 pm CET
ISIN
US25278X1090
Symbol
FANG
Sector
Industry

Diamondback Energy Target price 2024 - Analyst rating & recommendation

Diamondback Energy Classifications & Recommendation:

Buy
84%
Hold
16%

Diamondback Energy Price Target

Target Price $215.82
Price $154.94
Potential 39.29%
Number of Estimates 27
27 Analysts have issued a price target Diamondback Energy 2025 . The average Diamondback Energy target price is $215.82. This is 39.29% higher than the current stock price. The highest price target is $255.00 64.58% , the lowest is $191.00 23.27% .
A rating was issued by 31 analysts: 26 Analysts recommend Diamondback Energy to buy, 5 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Diamondback Energy stock has an average upside potential 2025 of 39.29% . Most analysts recommend the Diamondback Energy stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028


Dec '23 2024
Estimates
Revenue Billion $ 8.41 10.65
12.77% 26.56%
EBITDA Margin 75.21% 70.58%
7.79% 6.16%
Net Margin 60.34% 42.73%
19.23% 29.19%

20 Analysts have issued a sales forecast Diamondback Energy 2024 . The average Diamondback Energy sales estimate is $10.6b . This is 11.09% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $11.3b 18.40% , the lowest is $9.9b 2.84% .

This results in the following potential growth metrics:

Revenue Estimates

2023 $8.4b 12.77%
2024 $10.6b 26.56%
2025 $14.4b 35.03%
2026 $14.8b 3.25%
2027 $14.9b 0.14%
2028 $15.0b 0.82%

24 Analysts have issued an Diamondback Energy EBITDA forecast 2024. The average Diamondback Energy EBITDA estimate is $7.5b . This is 13.41% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $8.5b 27.99% , the lowest is $7.0b 5.81% .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $6.3b 19.57%
2024 $7.5b 18.75%
2025 $10.4b 38.46%
2026 $10.8b 3.72%
2027 $10.6b 1.48%
2028 $11.3b 5.85%

EBITDA Margin

2023 75.21% 7.79%
2024 70.58% 6.16%
2025 72.37% 2.54%
2026 72.70% 0.46%
2027 71.53% 1.61%
2028 75.10% 4.99%

12 Diamondback Energy Analysts have issued a net profit forecast 2024. The average Diamondback Energy net profit estimate is $4.5b . This is 11.00% lower than the net profit for the last 12 months(TTM). The highest net profit forecast is $5.0b 1.26% , the lowest is $4.1b 20.22% .

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $5.1b 29.54%
2024 $4.5b 10.38%
2025 $4.3b 5.91%
2026 $4.6b 6.85%
2027 $5.0b 9.30%
2028 $5.4b 7.24%

Net Margin

2023 60.34% 19.23%
2024 42.73% 29.19%
2025 29.78% 30.31%
2026 30.82% 3.49%
2027 33.64% 9.15%
2028 35.78% 6.36%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028


Dec '23 2024
Estimates
Earnings Per Share $ 17.34 15.54
29.54% 10.38%
P/E 9.97
EV/Sales 5.56

12 Analysts have issued a Diamondback Energy forecast for earnings per share. The average Diamondback Energy <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $15.54 . This is 11.00% lower than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $17.24 1.26% , the lowest is $13.93 20.22% .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $17.34 29.54%
2024 $15.54 10.38%
2025 $14.62 5.92%
2026 $15.62 6.84%
2027 $17.08 9.35%
2028 $18.31 7.20%

P/E ratio

Current 8.87 2.19%
2024 9.97 12.40%
2025 10.60 6.32%
2026 9.92 6.42%
2027 9.07 8.57%
2028 8.46 6.73%

Based on analysts' sales estimates for 2024, the Diamondback Energy stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 5.56 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 4.25 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 6.18 51.47%
2024 5.56 10.05%
2025 4.12 25.94%
2026 3.99 3.15%
2027 3.98 0.14%
2028 3.95 0.81%

P/S ratio

Current 4.72 41.50%
2024 4.25 9.98%
2025 3.15 25.94%
2026 3.05 3.15%
2027 3.04 0.13%
2028 3.02 0.81%

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