UBS predicts a potential
breakout in 2026 for
Diamondback Energy (FANG) after a period of stagnation. The company's recent
stock price weakness has been a topic of interest as several financial institutions, including Thrivent Financial for Lutherans, Signal Advisors Wealth and Evergreen Capital Management, have increased their stock positions. Despite being down 4.7%, analysts' sentiment remains bullish with Morgan Stanley, Piper Sandler, William Blair and Raymond James maintaining a
buy rating. The company's recent ventures, including a buyback deal and ERCOT power partnership, have raised questions about FANG's long-term strategy. There have been some insider selling, yet, Melius has initiated coverage with a
buy rating. The company has released strong Q3 results and updated guidance which pushed the stock up by 6.5%. Notably, the company has entered an agreement to repurchase shares and plans to sell unit's assets for $670 million. The CEO's departure days before Q4 earnings raised some eyebrows but didn't shake investor confidence.
Diamondback Energy FANG News Analytics from Mon, 14 Jul 2025 07:00:00 GMT to Sat, 20 Dec 2025 12:59:39 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -4
