$176.60
3.19% yesterday
Nasdaq, Nov 15, 10:16 pm CET
ISIN
US25278X1090
Symbol
FANG
Sector
Industry

Diamondback Energy Target price 2024 - Analyst rating & recommendation

Diamondback Energy Classifications & Recommendation:

Buy
77%
Hold
23%

Diamondback Energy Price Target

Target Price $217.63
Price $176.60
Potential 23.23%
Number of Estimates 27
27 Analysts have issued a price target Diamondback Energy 2025 . The average Diamondback Energy target price is $217.63. This is 23.23% higher than the current stock price. The highest price target is $255.00 44.39% , the lowest is $191.00 8.15% .
A rating was issued by 31 analysts: 24 Analysts recommend Diamondback Energy to buy, 7 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 23.23% . Most analysts recommend the Diamondback Energy stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028


Dec '23 Dec '24
Estimates
Revenue Billion $ 2.23 3.40
9.75% 52.66%
EBITDA Margin 75.13% 73.58%
6.08% 2.07%
Net Margin 70.16% 30.89%
13.43% 55.97%

21 Analysts have issued a sales forecast Diamondback Energy 2024 . The average Diamondback Energy sales estimate is $10.4b . This is 8.66% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $11.3b 18.40% , the lowest is $8.8b 8.20% .

This results in the following potential growth metrics:

Revenue Estimates

2023 $8.4b 12.77%
2024 $10.4b 23.79%
2025 $14.2b 36.54%
2026 $14.6b 2.95%
2027 $14.9b 1.56%
2028 $15.0b 0.81%

25 Analysts have issued an Diamondback Energy EBITDA forecast 2024. The average Diamondback Energy EBITDA estimate is $7.4b . This is 12.09% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $8.5b 27.99% , the lowest is $6.4b 3.55% .

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

EBITDA Estimates

2023 $6.3b 19.57%
2024 $7.4b 17.37%
2025 $10.3b 39.10%
2026 $10.6b 2.92%
2027 $10.8b 1.28%
2028 $11.3b 4.52%

EBITDA Margin

2023 75.21% 7.79%
2024 71.32% 5.18%
2025 72.65% 1.86%
2026 72.63% 0.03%
2027 72.43% 0.28%
2028 75.10% 3.69%

13 Diamondback Energy Analysts have issued a net profit forecast 2024. The average Diamondback Energy net profit estimate is $4.7b . This is 8.03% lower than the net profit for the last 12 months(TTM). The highest net profit forecast is $5.5b 8.13% , the lowest is $4.0b 22.28% .

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

Net Profit Estimates

2023 $5.1b 29.54%
2024 $4.7b 7.39%
2025 $4.5b 3.43%
2026 $4.8b 5.48%
2027 $5.0b 4.31%
2028 $5.4b 7.23%

Net Margin

2023 60.34% 19.23%
2024 45.15% 25.18%
2025 31.93% 29.28%
2026 32.71% 2.44%
2027 33.60% 2.72%
2028 35.74% 6.37%

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


Dec '23 Dec '24
Estimates
Earnings Per Share $ 5.34 3.59
4.98% 32.77%

13 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 $16.06 . This is 8.02% 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 $18.88 8.13% , the lowest is $13.57 22.28% .

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

Earnings Per Share

2023 $17.34 29.54%
2024 $16.06 7.38%
2025 $15.51 3.42%
2026 $16.36 5.48%
2027 $17.06 4.28%
2028 $18.30 7.27%

P/E ratio

Current 10.11 14.89%
2024 11.00 8.80%
2025 11.39 3.55%
2026 10.80 5.18%
2027 10.35 4.17%
2028 9.65 6.76%

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 6.29 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 4.95 .

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

EV/Sales

Current 6.84 65.62%
2024 6.29 8.03%
2025 4.61 26.76%
2026 4.48 2.87%
2027 4.41 1.54%
2028 4.37 0.80%

P/S ratio

Current 5.38 59.11%
2024 4.95 7.97%
2025 3.63 26.76%
2026 3.52 2.86%
2027 3.47 1.54%
2028 3.44 0.80%

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