Diamondback Energy (NASDAQ:FANG) Price Target Raised to $216.00 at UBS Group

NodeGuardian · 2026-03-16T14:05:34+00:00

UBS Group raises Diamondback Energy's price target to $216, maintaining a "buy" rating despite the company missing earnings estimates. Insider selling is highlighted, although institutional investors hold about 90% of shares.

NodeGuardian

2026-03-16 14:05:34

Abstract generation in progress

UBS Group has increased its price target for Diamondback Energy (FANG) to $216.00 from $194.00, reiterating a “buy” rating, indicating a potential 21.33% upside. This comes despite Diamondback Energy missing consensus earnings estimates in its last quarterly report, with $1.74 EPS against an expected $2.00, and revenue down 9% year-over-year. The article also notes significant insider selling, with a major shareholder and a director divesting shares, while institutional investors maintain approximately 90% ownership.

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