Diamondback Energy, listed on the NASDAQ as FANG, is a prominent player in the oil and gas sector. The company focuses on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves. As of October 10, 2025, RBC Capital set a price target of $173 for NASDAQ:FANG, suggesting a potential price increase of 21.86% from its then-current price of $141.97.
Despite this optimistic outlook, FANG's stock price recently closed at $143.58, marking a 3.15% decrease from the previous trading session. This decline occurred even as the broader market experienced gains, with the S&P 500, Dow, and Nasdaq all showing positive movements. Over the past month, FANG's shares have decreased by 0.34%, underperforming the Oils-Energy sector, which saw a 4.06% increase, and the S&P 500, which gained 2.87%.
Investors are closely monitoring Diamondback Energy's upcoming earnings report. The company is expected to report earnings per share (EPS) of $2.77, an 18.05% decrease from the same quarter last year. However, revenue is anticipated to rise by 25.61% to $3.32 billion compared to the previous year. For the full fiscal year, the Zacks Consensus Estimates forecast earnings of $12.63 per share.
Currently, FANG's stock price is $139.82, reflecting a decrease of 3.04% or $4.39. The stock has traded between a low of $139.69 and a high of $143.14 today. Over the past year, FANG has reached a high of $196 and a low of $114. The company has a market capitalization of approximately $40.48 billion, with a trading volume of 2,132,456 shares today.