Diamondback Energy stock: J.P. Morgan sets USD 253 target for Diamondback Energy stock
Published on 10/23/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- J.P. Morgan set a USD 253.00 price target on October 17, 2026.
- Second-quarter revenue rose 51.20 percent to USD 5.56 billion.
- Diamondback Energy stock costs EUR 178.11 at Lang & Schwarz on October 23, 2026 at 3:36 p.m. CEST.
- Third-quarter earnings are scheduled for November 3, 2026.
Diamondback Energy (ISIN US25278X1090) drew a USD 253.00 price target from J.P. Morgan on October 17, 2026, while the bank maintained its Buy rating, Markets Insider reported. The latest quarterly figures add operational weight to the analyst view. Diamondback Energy was trading at EUR 178.11 at Lang & Schwarz on October 23, 2026 at 3:36 p.m. CEST.
Revenue reached USD 5.56 billion
For the second quarter of 2026, revenue rose 51.20 percent year over year to USD 5.56 billion, while net income reached USD 1.88 billion. The comparison quarter produced USD 3.65 billion in revenue and USD 699.00 million in net income, according to Markets Insider. The figures put the analyst target beside a sharply higher reported earnings base.
Stock remains below its yearly high
Diamondback Energy's USD 137.03 to USD 216.90 52-week range places the latest primary-market quote within a broad band. The stock's USD 56.3 billion market capitalization and 39.31 price-to-earnings ratio frame the valuation, while the reported volume was 64,425 shares at 9:47 a.m. ET on October 23, 2026. Its Nasdaq listing and USD quotation are identified by Investing.com.
What dates matter for earnings?
Diamondback Energy has scheduled its third-quarter 2026 earnings and conference call for November 3, 2026, according to the company's investor-relations calendar, Diamondback Energy said. MarketBeat lists 31 analyst ratings, an average target of USD 226.71 and a Moderate Buy consensus, MarketBeat reported.
Comparison with peers
Diamondback Energy: price-to-earnings ratio 39.31, market capitalization USD 56.3 billion. EOG Resources (NYSE, USD): price-to-earnings ratio 12.52, market capitalization USD 84.4 billion. Devon Energy (NYSE, USD): price-to-earnings ratio 11.87, market capitalization USD 55.0 billion.
Analyst target sets the near-term frame
J.P. Morgan's USD 253.00 target sits above the latest Nasdaq quote, but the next company event is the November 3 earnings release. That combination leaves the upcoming report as the next dated test for production, cash generation and the valuation assigned by analysts. Diamondback Energy was trading at EUR 178.11 at Lang & Schwarz on October 23, 2026 at 3:36 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Diamondback Energy stock.
Diamondback Energy at a glance
- Company: Diamondback Energy, Inc.
- ISIN: US25278X1090
- Ticker: FANG
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 3:36 p.m. CEST): EUR 178.11
- Market capitalization: USD 56.3 billion (as of October 23, 2026)
- 52-week range: USD 137.03-216.90 (as of October 23, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Index membership: Nasdaq Composite
- Next earnings date: November 3, 2026
Market context: Market report Nasdaq Composite.
