Diamondback Energy's stock price rises but lags behind market; Q1 EPS expected to decline 48.35% YoY

Diamondback Energy (FANG) shares ended at $166.93, a +1.3% change from the previous day. The stock lagged the S&P 500's 1.97% gain but outperformed the Oils-Energy sector's 9.19% gain. The company is scheduled to release its earnings on February 23, 2026, with an expected EPS of $1.88 and revenue of $3.16 billion. Analyst estimates have seen recent changes, with a 16.2% fall in the Zacks Consensus EPS estimate. Diamondback Energy has a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 18.69.