Key Stats for Diamondback Energy Stock

• Current Price: $195.54
• Target Price (Mid): ~$181
• Street Target: ~$229
• Potential Total Return: ~(7%) over 4.5 years
• Annualized IRR: ~(2%) / year
• Max Drawdown: 19.53% (July 1, 2026)

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What Happened?

Diamondback Energy (FANG) closed at $195.54 on July 17, near the top of a 52-week range that runs from $134.30 to $214.51, carried by a crude rally that lifted the entire Permian complex. Over the same month, the analysts who cover it moved their price targets the other way. JPMorgan cut to $211 from $240. Truist went to $220 from $242. Both reductions kept…