Stocklytics Platform
Asset logo for symbol FANG
Diamondback Energy
FANG
73
$197.44arrow_drop_down0.29%-$0.59
S&P500

AI Deep-Learning Forecast (FANG)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Diamondback Energy (FANG) Stocklytics Forecast

The stock price of Diamondback Energy Inc (FANG) is highly anticipated to experience positive growth in the coming years. With its strong position in the energy sector, Diamondback Energy has been consistently delivering impressive financial results. The company's solid operational performance and strategic acquisitions have positioned it for long-term success. As such, many analysts and market experts have provided favorable price predictions for FANG stock. According to their forecasts, Diamondback Energy Inc (FANG) is expected to witness a significant increase in its stock price over the next few years.

Based on the projections, it is predicted that Diamondback Energy Inc (FANG) stock price will continue to rise steadily in 2023. The company's strong fundamentals, including its robust production growth and favorable oil price environment, contribute to these optimistic predictions. Moreover, analysts' price targets for Diamondback Energy Inc (FANG) in 2023 indicate further potential upside. The consensus among analysts suggests a positive outlook for FANG stock, with the potential for substantial gains.

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Frequently Asked Questions

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What is the analyst price prediction for Diamondback Energy (FANG) stock?

Analysts have set a target price of $215.93 for Diamondback Energy (FANG), based on forecasts from 29 analysts. The predicted price range extends from a high of $255 to a low of $175. This represents a potential increase of up to 29.15% and a decrease of -11.37% from the current price of $197.44. These forecasts are as of 2024 Feb 13.

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What are the analyst ratings for Diamondback Energy (FANG) stock?

The analyst ratings for Diamondback Energy (FANG) are distributed as follows: 28 analysts recommend buying, 2 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 30 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Diamondback Energy .

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What is the AI price prediction for Diamondback Energy (FANG) stock?

The AI price prediction model, leveraging machine-learning techniques, forecasts that Diamondback Energy (FANG) stock could reach $199.44 by 2024 Jun 30. This prediction indicates a potential price change of 1.01%. The forecast has a lifetime of 30 days, culminating on the target date provided. The prediction was made on 2024 Jun 02.

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