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Diamondback Energy, Inc. (FANG) Stock Analysis

Score A

Value · Grade C · Bullish

Energy · Oil & Gas E&P

$207.22

Fair Value

$235.67

+13.7%

Conviction

7/10

Quality

C

Classification

Value

Investment Thesis

Good opportunity: Solid company with good risk/reward at 3.0:1.

For New Investors

Quantitative score: high

For Current Holders

Quantitative score: neutral

Buy if

  • Price drops 15-20% (improves asymmetry)
  • Bull scenario catalysts materialize
  • Market-wide correction creates opportunity

Sell if

  • Bear scenario triggers occur
  • Quality metrics deteriorate (ROIC declining)
  • Better alternatives emerge

Valuation

Fair Value estimate: $235.67 (+13.7%). Slightly undervalued.

PEG-Based EPS

$237.69

FCF DCF Model

$269.38

EV/EBITDA

$183.70

Blended Fair Value

$235.67

Confidence

High

Methods

PEG-Based EPS, FCF 2-Stage DCF, EV/EBITDA

Quality Analysis

C

61/120 points

Investable

ROE (3Y Avg)

10.8%

ROIC-WACC Spread

-1.1%

D/E Ratio

0.4x

Current Ratio

0.4x

Interest Coverage

20x

FCF Positive Years

2/3

Quality Flags

  • ROIC spread: -1.1pp (got 0/25 pts)
  • FCF positive only 2/3 years (13/20 pts)
  • Leverage: D/E 0.4x (13/15 pts)
  • Liquidity: Current Ratio 0.42 (0/10 pts)
  • Volatile gross margins: std dev 14.1pp (need <10.0pp)

Market Sentiment

Wall Street Consensus

$224.50

+8.3% Upside

29 analysts

Range: $100.00$262.00

Rating: Buy

Our model aligns with Wall Street consensus.

Trend & Technical

Bullish

Price ($206.83) is 29.7% above SMA 200 ($159.41). Bullish trend confirmed.

Technical Score90/100

Tech Score 90/100 — MOMENTUM ALIGNMENT. Healthy uptrend confirmed by RSI and MACD. Technical tailwind.

Risk & Reward

Asymmetry Ratio

2.98:1

Expected Return

+10.9%

Bull Upside

+34.9%

Bear Downside

-11.7%

Good asymmetry: 2.98:1 ratio. Upside justifies risk.

Verdict: Favorable

Scenario Analysis

Bear

Base

Bull

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Frequently Asked Questions

What is the fair value of FANG?

Based on our multi-method conviction analysis, the estimated fair value of Diamondback Energy, Inc. (FANG) is $235.67. This is calculated by blending PEG-Based EPS, FCF 2-Stage DCF, EV/EBITDA and applying a quality premium of 0% based on the company's fundamentals. The confidence level of this estimate is high.

Is FANG a buy, sell, or hold?

FANG currently has a BUY rating with a conviction score of 7/10. Good opportunity: Solid company with good risk/reward at 3.0:1. Quantitative score: high.

Is FANG a high-quality stock?

Diamondback Energy, Inc. has a quality grade of C (61/120 points), rated as Investable. Key metrics include ROE of 10.8%, ROIC-WACC spread of -1.1%, and D/E ratio of 0.4x.

What type of stock is FANG?

FANG is classified as a "value" in our framework. High P/E: 208.9x, High FCF Yield: 9.0%, Mature growth: -1.4%, High revenue volatility: 25.1% std dev, Cyclical sector: Energy

What do Wall Street analysts say about FANG?

29 Wall Street analysts have a consensus price target of $224.50 for FANG, representing +8.3% upside. Targets range from $100.00 to $262.00. The consensus recommendation is "Buy". Our model aligns with Wall Street consensus.

What are the risks of investing in FANG?

The risk/reward asymmetry ratio for FANG is 2.98:1, rated as Favorable. Good asymmetry: 2.98:1 ratio. Upside justifies risk. The expected return is +10.9%, with bull case upside of +34.9% and bear case downside of -11.7%.

What is the current trend for FANG?

FANG is in a bullish trend. Price ($206.83) is 29.7% above SMA 200 ($159.41). Bullish trend confirmed. The technical score is 90/100.

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Last updated: May 19, 2026 · Framework version 3.7

This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.