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

OverviewRevenueOwnershipFinancialsChartTranscripts

DVN Stock Forecast

Devon Energy (DVN) stock forecast, based on 62 Wall Street analysts, predicts a 12-month average price target of $43.67, with a high of $48.00 and a low of $40.00. This represents a 16.30% increase from the last price of $37.55.

$30 $35 $40 $45 $50 $55 High: $48 Avg: $43.67 Low: $40 Last Closed Price: $37.55

DVN Stock Rating

Devon Energy stock's rating consensus is Buy, based on 62 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 42 Buy (67.74%), 20 Hold (32.26%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 62 0 20 42 Strong Sell Sell Hold Buy Strong Buy

DVN Price Target Upside V Benchmarks

TypeNameUpside
StockDevon Energy16.30%
SectorEnergy Stocks 19.23%
IndustryOil & Gas Exploration & Production Stocks26.01%

Price Target Trends

1M3M12M
# Anlaysts3914
Avg Price Target$45.67$43.44$44.64
Last Closing Price$37.55$37.55$37.55
Upside/Downside21.62%15.69%18.88%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Dec, 256169--31
Nov, 256169--31
Oct, 256159--30
Sep, 256159--30
Aug, 256149--29
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 12, 2025Nitin KumarMizuho Securities$43.00$37.5514.51%14.51%
Dec 12, 2025Josh SilversteinUBS$46.00$37.5522.50%22.50%
Dec 11, 2025Morgan Stanley$48.00$38.0226.25%27.83%
Nov 12, 2025Susquehanna$42.00$35.1619.45%11.85%
Oct 20, 2025Susquehanna$41.00$31.7429.17%9.19%
Oct 13, 2025Roth Capital$42.00$33.2126.47%11.85%
Oct 10, 2025RBC Capital$42.00$33.1026.89%11.85%
Oct 09, 2025Scotiabank$47.00$34.6735.56%25.17%
Oct 07, 2025Barclays$40.00$34.9114.58%6.52%
Aug 12, 2025Hanwen ChangWells Fargo$43.00$32.8730.82%14.51%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Dec 12, 2025UBSUnderperformBuyupgrade
Dec 11, 2025Morgan StanleyOverweightOverweighthold
Nov 12, 2025SusquehannaPositivePositivehold
Oct 20, 2025SusquehannaPositivePositivehold
Oct 13, 2025Roth CapitalBuyinitialise
Oct 10, 2025RBC CapitalSector PerformSector Performhold
Oct 09, 2025ScotiabankOutperformOutperformhold
Aug 25, 2025William BlairOutperforminitialise
Aug 18, 2025Morgan StanleyOverweightOverweighthold
Aug 12, 2025Wells FargoOverweightOverweighthold

Financial Forecast

EPS Forecast

$-10 $-6 $-2 $2 $6 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-6.75$4.20$9.15$5.86$4.58----
Avg Forecast$-0.06$3.39$8.55$5.66$4.71$4.76$5.07$5.48$4.63
High Forecast$-0.06$3.53$8.78$5.71$4.80$6.39$7.60$5.57$4.85
Low Forecast$-0.06$3.23$8.29$5.62$4.62$3.84$3.24$5.39$4.40
Surprise %11150.00%23.89%7.02%3.53%-2.76%----

Revenue Forecast

$0 $4B $8B $12B $16B $20B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.83B$12.21B$19.17B$15.14B$15.94B----
Avg Forecast$4.66B$12.01B$19.35B$14.89B$15.53B$16.92B$17.26B$17.36B$16.17B
High Forecast$4.81B$12.40B$19.76B$15.07B$15.61B$17.63B$17.48B$17.97B$16.74B
Low Forecast$4.49B$11.58B$18.91B$14.76B$15.42B$16.44B$17.04B$16.68B$15.54B
Surprise %3.65%1.65%-0.96%1.68%2.62%----

Net Income Forecast

$-10B $-6B $-2B $2B $6B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-2.54B$2.81B$6.01B$3.75B$2.89B----
Avg Forecast$-6.25B$2.33B$4.96B$3.75B$3.02B$2.96B$3.13B$3.52B$2.97B
High Forecast$-5.00B$2.80B$5.96B$4.50B$3.08B$4.10B$4.88B$3.57B$3.11B
Low Forecast$-7.50B$1.87B$3.97B$3.00B$2.96B$2.46B$2.08B$3.46B$2.82B
Surprise %-59.33%20.63%21.20%--4.34%----

DVN Forecast FAQ

Is Devon Energy stock a buy?

Devon Energy stock has a consensus rating of Buy, based on 62 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 42 Buy, 20 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 62 Wall Street analysts, averages $43.67 over the next 12 months. The price target range spans from $40 at the low end to $48 at the high end, suggesting a potential 16.30% change from the previous closing price of $37.55.

How does Devon Energy stock forecast compare to its benchmarks?

Devon Energy's stock forecast shows a 16.30% upside, underperforming the average forecast for the energy stocks sector (19.23%) and underperforming the oil & gas exploration & production stocks industry (26.01%).

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

  • December 2025: 19.35% Strong Buy, 51.61% Buy, 29.03% Hold, 0% Sell, 0% Strong Sell.
  • November 2025: 19.35% Strong Buy, 51.61% Buy, 29.03% Hold, 0% Sell, 0% Strong Sell.
  • October 2025: 20.00% Strong Buy, 50.00% Buy, 30.00% 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 2025 is $4.76, marking a 3.93% increase from the reported $4.58 in 2024. Estimates for the following years are $5.07 in 2026, $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 2025 is $16.92B, reflecting a 6.16% increase from the reported $15.94B in 2024. The forecast for 2026 is $17.26B, followed by $17.36B for 2027, 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 2025 stands at $2.96B, representing an 2.40% increase from the reported $2.89B in 2024. Projections indicate $3.13B in 2026, $3.52B in 2027, and $2.97B in 2028.