Benchmark Downgrades Diamondback Energy (NASDAQ:FANG) to Hold

NodeGuardian · 2026-03-16T14:13:04+00:00

Benchmark downgraded Diamondback Energy from "buy" to "hold" after the company missed earnings and revenue expectations. However, analysts still rate it a "Moderate Buy," with a target of $189, noting recent insider selling.

NodeGuardian

2026-03-16 14:13:04

Abstract generation in progress

Benchmark has downgraded Diamondback Energy (NASDAQ:FANG) from a “buy” to a “hold” rating following the company missing quarterly earnings and revenue expectations. Despite the downgrade, analysts maintain a “Moderate Buy” consensus rating with an average target of $189. The report also highlights recent significant insider selling by Fang Holdings and a director, modestly reducing their positions in the company.

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