Diamondback Energy stock: Morgan Stanley lifts target for Diamondback Energy stock to USD 222.00
Published on 10/16/2026 at 16:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and dates
- Morgan Stanley raised its Diamondback Energy target from USD 216.00 to USD 222.00 on October 15, 2026.
- Diamondback Energy scheduled its third-quarter 2026 earnings for November 3, 2026.
- Diamondback Energy stock costs EUR 175.51 at Lang & Schwarz on October 16, 2026 at 4:31 p.m. CEST.
- Diamondback Energy had a USD 55.4 billion market capitalization and a P/E ratio of 38.62 on October 16, 2026.
On October 15, 2026, Morgan Stanley raised its Diamondback Energy target from USD 216.00 to USD 222.00 while maintaining an Equal-Weight rating, as Markets Insider reported. The new target is 12.30 percent above the USD 197.68 Nasdaq price cited in the same market update. Diamondback Energy was trading at EUR 175.51 at Lang & Schwarz on October 16, 2026 at 4:31 p.m. CEST.
November 3 earnings date
Diamondback Energy has scheduled its third-quarter 2026 earnings for November 3, 2026. The date appears in the company's investor calendar, where the conference call is listed for 9:00 a.m. EST, according to Diamondback Energy.
The upcoming report matters because the company operates in the Permian Basin, with activities spanning the acquisition, development, exploration and production of onshore oil and natural gas reserves. Its investor materials identify the Wolfcamp, Spraberry and Bone Spring formations as key operating areas.
Nasdaq valuation and range
On Nasdaq, Diamondback Energy was at USD 197.68 at 10:34 a.m. EDT on October 16, 2026. The same market snapshot put the 52-week range at USD 137.03 to USD 216.90, leaving the stock 8.86 percent below its high.
The company's market capitalization was USD 55.4 billion on October 16, 2026, while its price-to-earnings ratio was 38.62. Its reported dividend yield was 0.02 percent, a small cash-return component compared with the valuation multiple.
For investors, the immediate calendar is clearer than the price picture. Morgan Stanley's move from USD 216.00 to USD 222.00 keeps the analyst discussion centered on the third-quarter report and the company's 2027 planning, while the Equal-Weight rating signals a measured stance.
Company profile and trading view
Diamondback Energy is headquartered in Midland, Texas, and concentrates its production platform in West Texas and southeastern New Mexico. The business mix gives the November 3 report two practical reference points: operating execution in the Permian and the capital priorities discussed alongside the results.
The Nasdaq price of USD 197.68 was 8.86 percent below the 52-week high of USD 216.90 on October 16, 2026. That positioning leaves the scheduled earnings date and the updated USD 222.00 target as the clearest dated markers for the next phase of trading.
Price and investor calendar
Diamondback Energy stock is framed by a USD 55.4 billion market capitalization, a 38.62 price-to-earnings ratio and the November 3, 2026 earnings date. The euro quotation stood at EUR 175.51 at Lang & Schwarz on October 16, 2026 at 4:31 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Diamondback Energy stock.
Diamondback Energy stock facts
- Company: Diamondback Energy, Inc.
- ISIN: US25278X1090
- Ticker: FANG
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 16, 2026, 4:31 p.m. CEST): EUR 175.51
- Market capitalization: USD 55.4 billion (as of October 16, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
