Raymond James adjusts target for Diamondback Energy stock to USD 256.00

Published on 10/27/2026 at 18:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter earnings are scheduled for November 3, 2026. Diamondback Energy stock costs EUR 183.53 on October 27, 2026 in after-hours trading.

Analyst target and reporting date

Raymond James adjusted its Diamondback Energy target from USD 255.00 to USD 256.00 on October 19, 2026.
Diamondback Energy's third-quarter 2026 earnings are scheduled for November 3, 2026.
Diamondback Energy stock costs EUR 183.53 at Lang & Schwarz on October 27, 2026 at 6:23 p.m. CET.

Diamondback Energy, US25278X1090, Illustration mit AI erstellt.

Raymond James adjusted its Diamondback Energy target from USD 255.00 to USD 256.00 on October 19, 2026, according to MarketScreener. Diamondback Energy was trading at EUR 183.53 at Lang & Schwarz on October 27, 2026 at 6:23 p.m. CET.

Target change keeps attention on valuation

The Raymond James move was modest, adding USD 1.00 to the target, but it places the firm among several houses updating Diamondback Energy estimates in October. MarketScreener listed BMO Capital at USD 220.00 from USD 224.00 on October 19, while Morgan Stanley set USD 222.00 from USD 216.00 on October 14.

The latest primary-market quote was USD 204.66 on the Nasdaq on October 27, 2026 at 1:27 p.m. ET. Against the Raymond James target, that price implies 25.17 percent upside, calculated from the USD 204.66 quote and USD 256.00 target.

Price position and operating scale

Diamondback Energy's 52-week range was USD 137.03 to USD 216.90 as of October 27, 2026. The Nasdaq quote stood 5.64 percent below the high, while the company's market capitalization was USD 57.3 billion. The intraday volume was 376,567 shares.

Diamondback Energy reported USD 5.56 billion in revenue and USD 6.65 diluted earnings per share for the second quarter of 2026. MarketBeat reported that quarterly revenue was up 51.20 percent year over year and that earnings per share exceeded the USD 6.08 consensus by USD 0.40.

What comes next for Diamondback Energy?

Diamondback Energy has scheduled its third-quarter 2026 earnings for November 3, 2026, with the conference call set for 9:00 a.m. ET, according to the company's Diamondback Energy investor page. The upcoming report will provide the next dated test of the USD 5.56 billion quarterly revenue base.

Comparison with peers

Diamondback Energy: price-to-earnings ratio 39.95, market capitalization USD 57.3 billion, Nasdaq, October 27, 2026.
ConocoPhillips: down 2.22 percent, price-to-earnings ratio 19.60, market capitalization USD 177.8 billion, NYSE, October 27, 2026.
EOG Resources: down 1.22 percent, price-to-earnings ratio 12.58, market capitalization USD 84.8 billion, NYSE, October 27, 2026.

Analyst target sets the near-term marker

Raymond James' USD 256.00 target is the clearest fresh valuation marker, while the November 3 earnings date supplies the next company-specific event. Diamondback Energy's second-quarter revenue of USD 5.56 billion remains the latest reported operating benchmark.

The stock was trading at EUR 183.53 at Lang & Schwarz on October 27, 2026 at 6:23 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Diamondback Energy stock.