UBS Raises Diamondback Energy Price Target to $171

UBS raised its price target for Diamondback Energy (FANG) to $171 from $163, maintaining a Buy rating. The analyst notes that persistent commodity headwinds are dampening the company's upside potential.

UBS has revised its price target for Diamondback Energy (FANG) to $171 from $163, maintaining a Buy rating. The analyst noted that persistent commodity headwinds are dampening the company's upside potential [2].

In its latest 13F filing with the SEC, the Public Sector Pension Investment Board reduced its holdings in Diamondback Energy by 52.1%, owning 59,121 shares worth approximately $9.45 million after selling 64,357 shares in the first quarter [1]. This reduction comes despite the company's quarterly earnings per share of $2.67, which missed analysts' expectations, but its quarterly revenue was up 48.1% year-over-year, reaching $3.68 billion [1].

Other institutional investors have also shown interest in Diamondback Energy. Summit Investment Advisors Inc. boosted its stake by 52.8% during the fourth quarter, and Mariner LLC increased its holdings by 8.0% during the same period [1]. Additionally, Viper Energy, Inc., a subsidiary of Diamondback Energy, completed its acquisition of Sitio Royalties in an all-equity transaction [2].

UBS's updated price target reflects the analyst's view on the current market conditions and the company's ability to navigate commodity headwinds. Despite the challenges, Diamondback Energy's strong financial performance and strategic acquisitions position it as a significant player in the oil and natural gas sector.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-diamondback-energy-inc-nasdaqfang-stock-holdings-cut-by-public-sector-pension-investment-board-2025-08-14/
[2] https://www.marketscreener.com/news/viper-energy-inc-a-subsidiary-of-diamondback-energy-has-completed-its-acquisition-of-sitio-royalt-ce7c51ddd88ff625