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

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DVN Stock Forecast

Devon Energy (DVN) stock forecast, based on 64 Wall Street analysts, predicts a 12-month average price target of $62.56, with a high of $68.00 and a low of $54.00. This represents a 21.74% increase from the last price of $51.39.

$30 $38 $46 $54 $62 $70 High: $68 Avg: $62.56 Low: $54 Last Closed Price: $51.39

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 Energy21.74%
SectorEnergy Stocks 10.98%
IndustryOil & Gas Exploration & Production Stocks13.22%

Price Target Trends

1M3M12M
# Anlaysts51046
Avg Price Target$63.60$63.60$57.02
Last Closing Price$51.39$51.39$51.39
Upside/Downside23.76%23.76%10.96%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 263233--29
Sep, 263213--27
Aug, 264212--27
Jul, 264212--27
Jun, 263194--26
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 15, 2026Devin McDermottMorgan Stanley$65.00$49.1532.25%26.48%
Oct 14, 2026Mark LearScotiabank$61.00$49.9222.20%18.70%
Oct 09, 2026Betty JiangBarclays$60.00$48.9222.65%16.75%
Oct 07, 2026Josh SilversteinUBS$65.00$47.9135.67%26.48%
Oct 06, 2026Phillip JungwirthBMO Capital$67.00$47.8040.17%30.38%
Sep 14, 2026John FreemanRaymond James$67.00$51.2330.78%30.38%
Sep 14, 2026UBS$63.00$50.2325.42%22.59%
Sep 03, 2026Seaport Global$65.00$49.0332.57%26.48%
Aug 17, 2026Betty JiangBarclays$58.00$45.8526.50%12.86%
Aug 13, 2026Wells Fargo$65.00$44.8644.90%26.48%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 15, 2026Morgan StanleyOverweightOverweighthold
Oct 14, 2026ScotiabankSector PerformOutperforminitialise
Oct 09, 2026BarclaysOverweightOverweighthold
Oct 07, 2026UBSBuyBuyhold
Oct 06, 2026BMO CapitalOutperformOutperformhold
Sep 14, 2026Raymond JamesStrong BuyStrong Buyhold
Sep 14, 2026UBSBuyBuyhold
Sep 03, 2026Seaport GlobalBuyinitialise
Aug 31, 2026CitigroupBuyBuyhold
Aug 17, 2026BarclaysOverweightOverweighthold

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 $62.56 over the next 12 months. The price target range spans from $54 at the low end to $68 at the high end, suggesting a potential 21.74% change from the previous closing price of $51.39.

How does Devon Energy stock forecast compare to its benchmarks?

Devon Energy's stock forecast shows a 21.74% upside, outperforming the average forecast for the energy stocks sector (10.98%) and outperforming the oil & gas exploration & production stocks industry (13.22%).

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

  • October 2026: 10.34% Strong Buy, 79.31% Buy, 10.34% Hold, 0% Sell, 0% Strong Sell.
  • September 2026: 11.11% Strong Buy, 77.78% Buy, 11.11% Hold, 0% Sell, 0% Strong Sell.
  • August 2026: 14.81% Strong Buy, 77.78% Buy, 7.41% 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.