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Devon Energy (DVN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

DVN Stock Forecast

Devon Energy (DVN) stock forecast, based on 64 Wall Street analysts, predicts a 12-month average price target of $60.00, with a high of $68.00 and a low of $45.00. This represents a 32.48% increase from the last price of $45.29.

$30 $38 $46 $54 $62 $70 High: $68 Avg: $60 Low: $45 Last Closed Price: $45.29

DVN Stock Rating

Devon Energy stock's rating consensus is Buy, based on 64 Wall Street analysts. The breakdown includes 1 Strong Buy (1.56%), 45 Buy (70.31%), 18 Hold (28.12%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 64 18 45 1 Strong Sell Sell Hold Buy Strong Buy

DVN Price Target Upside V Benchmarks

TypeNameUpside
StockDevon Energy32.48%
SectorEnergy Stocks 9.28%
IndustryOil & Gas Exploration & Production Stocks18.07%

Price Target Trends

1M3M12M
# Anlaysts51742
Avg Price Target$61.00$62.18$53.38
Last Closing Price$45.29$45.29$45.29
Upside/Downside34.69%37.29%17.86%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jul, 264212--27
Jun, 263194--26
May, 263175--25
Apr, 264166--26
Mar, 265156--26
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 21, 2026Charles MinervinoSusquehanna$63.00$43.9643.31%39.10%
Jul 16, 2026Raymond James$64.00$42.9349.08%41.31%
Jul 15, 2026UBS$54.00$43.1725.09%19.23%
Jul 09, 2026Truist Financial$61.00$42.3843.94%34.69%
Jun 29, 2026Morgan Stanley$63.00$42.2149.25%39.10%
Jun 23, 2026Neil MehtaGoldman Sachs$54.00$43.3924.45%19.23%
Jun 22, 2026Doug LeggateWolfe Research$67.00$43.0755.56%47.94%
Jun 15, 2026John FreemanRaymond James$66.00$45.3145.66%45.73%
Jun 10, 2026UBS$58.00$46.2025.54%28.06%
Jun 10, 2026Evercore ISI$54.00$44.0722.53%19.23%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jul 21, 2026SusquehannaPositivePositivehold
Jun 22, 2026Wolfe ResearchOutperformOutperformhold
Jun 17, 2026CitigroupBuyNeutraldowngrade
Jun 15, 2026Raymond JamesStrong BuyStrong Buyhold
Jun 10, 2026BMO CapitalOutperformOutperformhold
Jun 10, 2026Evercore ISIOutperformupgrade
May 26, 2026BarclaysOverweightOverweighthold
May 22, 2026Morgan StanleyOverweightOverweighthold
May 20, 2026CitigroupBuyBuyhold
May 07, 2026JefferiesBuyBuyupgrade

Financial Forecast

EPS Forecast

$3 $4 $5 $6 $7 $8 $9 $10 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.20$9.15$5.86$4.57$4.18---
Avg Forecast$3.39$8.55$5.66$4.71$4.76$5.07$5.48$4.63
High Forecast$3.53$8.78$5.71$4.80$6.39$7.60$5.57$4.85
Low Forecast$3.23$8.29$5.62$4.62$3.84$3.24$5.39$4.40
Surprise %23.89%7.02%3.53%-2.97%-12.18%---

Revenue Forecast

$12B $13B $15B $17B $18B $20B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$13.75B$19.83B$15.14B$15.57B$17.19B---
Avg Forecast$12.01B$19.35B$14.89B$15.53B$16.92B$17.26B$17.36B$16.17B
High Forecast$12.40B$19.76B$15.07B$15.61B$17.63B$17.48B$17.97B$16.74B
Low Forecast$11.58B$18.91B$14.76B$15.42B$16.44B$17.04B$16.68B$15.54B
Surprise %14.51%2.44%1.68%0.22%1.58%---

Net Income Forecast

$2B $3B $4B $5B $6B $7B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.78B$6.01B$3.75B$2.89B$2.64B---
Avg Forecast$2.33B$4.96B$3.75B$3.02B$2.96B$3.13B$3.52B$2.97B
High Forecast$2.80B$5.96B$4.50B$3.08B$4.10B$4.88B$3.57B$3.11B
Low Forecast$1.87B$3.97B$3.00B$2.96B$2.46B$2.08B$3.46B$2.82B
Surprise %19.34%21.20%--4.34%-10.76%---

DVN Forecast FAQ

Is Devon Energy stock a buy?

Devon Energy stock has a consensus rating of Buy, based on 64 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 45 Buy, 18 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Devon Energy is a favorable investment for most analysts.

What is Devon Energy's price target?

Devon Energy's price target, set by 64 Wall Street analysts, averages $60 over the next 12 months. The price target range spans from $45 at the low end to $68 at the high end, suggesting a potential 32.48% change from the previous closing price of $45.29.

How does Devon Energy stock forecast compare to its benchmarks?

Devon Energy's stock forecast shows a 32.48% upside, outperforming the average forecast for the energy stocks sector (9.28%) and outperforming the oil & gas exploration & production stocks industry (18.07%).

What is the breakdown of analyst ratings for Devon Energy over the past three months?

  • July 2026: 14.81% Strong Buy, 77.78% Buy, 7.41% Hold, 0% Sell, 0% Strong Sell.
  • June 2026: 11.54% Strong Buy, 73.08% Buy, 15.38% Hold, 0% Sell, 0% Strong Sell.
  • May 2026: 12.00% Strong Buy, 68.00% Buy, 20.00% Hold, 0% Sell, 0% Strong Sell.

What is Devon Energy’s EPS forecast?

Devon Energy's average annual EPS forecast for its fiscal year ending in December 2026 is $5.07, marking a 21.29% increase from the reported $4.18 in 2025. Estimates for the following years are $5.48 in 2027, and $4.63 in 2028.

What is Devon Energy’s revenue forecast?

Devon Energy's average annual revenue forecast for its fiscal year ending in December 2026 is $17.26B, reflecting a 0.42% increase from the reported $17.19B in 2025. The forecast for 2027 is $17.36B, and $16.17B for 2028.

What is Devon Energy’s net income forecast?

Devon Energy's net income forecast for the fiscal year ending in December 2026 stands at $3.13B, representing an 18.65% increase from the reported $2.64B in 2025. Projections indicate $3.52B in 2027, and $2.97B in 2028.