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Devon Energy (DVN)
NYSE:DVN
US Market
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Devon Energy (DVN) Stock Forecast & Price Target

7,635 Followers
See the Price Targets and Ratings of:

DVN Analyst Ratings

Strong Buy
20Ratings
Strong Buy
17 Buy
3 Hold
0 Sell
Based on 20 analysts giving stock ratings to
Devon
Energy
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

DVN Stock 12 Month Forecast

Average Price Target

$59.89
▲(35.40% Upside)
Based on 20 Wall Street analysts offering 12 month price targets for Devon Energy in the last 3 months. The average price target is $59.89 with a high forecast of $72.00 and a low forecast of $46.00. The average price target represents a 35.40% change from the last price of $44.23.
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style=\"color:#199ca5\">Buy 29,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":34.911,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 26,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":32.114,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 29,\t&nbsp; </span>\n              <span  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Highest Price Target$72.00Average Price Target$59.89Lowest Price Target$46.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Evercore ISI Analyst forecast on DVN
Evercore ISI
Evercore ISI
$54
Hold
22.09%
Upside
Initiated
05/15/26
Devon Energy resumed with an In Line at Evercore ISIDevon Energy resumed with an In Line at Evercore ISI
Bernstein Analyst forecast on DVN
Bernstein
Bernstein
$59
Buy
33.39%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Energy Companies: Kinetik (NYSE: KNTK) and Devon Energy (NYSE: DVN)
Barclays Analyst forecast on DVN
Barclays
Barclays
$54
Buy
22.09%
Upside
Reiterated
05/11/26
Barclays Reaffirms Their Buy Rating on Devon Energy (DVN)
Jefferies Analyst forecast on DVN
Jefferies
Jefferies
$62
Buy
40.18%
Upside
Upgraded
05/10/26
Devon Energy upgraded to Buy from Hold at JefferiesDevon Energy upgraded to Buy from Hold at Jefferies
Susquehanna
$45.31$57
Buy
28.87%
Upside
Assigned
05/08/26
Devon Energy (DVN) Receives a Buy from Susquehanna
Siebert Williams Shank & Co Analyst forecast on DVN
Siebert Williams Shank & Co
Siebert Williams Shank & Co
$67
Buy
51.48%
Upside
Reiterated
05/06/26
Siebert Williams Shank & Co Sticks to Its Buy Rating for Devon Energy (DVN)
Scotiabank Analyst forecast on DVN
Scotiabank
Scotiabank
$46
Hold
4.00%
Upside
Reiterated
05/06/26
Scotiabank Sticks to Its Hold Rating for Devon Energy (DVN)
Truist Financial Analyst forecast on DVN
Truist Financial
Truist Financial
Buy
Reiterated
05/06/26
Analysts Are Bullish on These Energy Stocks: Devon Energy (DVN), Archrock (AROC)
William Blair Analyst forecast on DVN
William Blair
William Blair
Buy
Reiterated
05/05/26
Neal Dingmann Reiterates Buy on Devon, Citing Strong Earnings, Robust Free Cash Flow and Coterra Merger Upside Despite Near-Term Timing Overhang
Raymond James Analyst forecast on DVN
Raymond James
Raymond James
$62$72
Buy
62.79%
Upside
Upgraded
05/04/26
Raymond James upgrades Devon Energy (DVN) to a Buy
Roth MKM
$50$57
Buy
28.87%
Upside
Reiterated
04/29/26
Analysts Offer Insights on Energy Companies: Devon Energy (NYSE: DVN) and NOV (NYSE: NOV)
Bank of America Securities Analyst forecast on DVN
Bank of America Securities
Bank of America Securities
$53$57
Buy
28.87%
Upside
Reiterated
04/27/26
Devon Energy price target raised to $57 from $53 at BofADevon Energy price target raised to $57 from $53 at BofA
Wells Fargo Analyst forecast on DVN
Wells Fargo
Wells Fargo
$51$66
Buy
49.22%
Upside
Reiterated
04/20/26
Devon Energy price target raised to $66 from $51 at Wells FargoDevon Energy price target raised to $66 from $51 at Wells Fargo
UBS
$61$60
Buy
35.65%
Upside
Assigned
04/14/26
Devon Energy price target lowered to $60 from $61 at UBSDevon Energy price target lowered to $60 from $61 at UBS
BMO Capital
$60
Buy
35.65%
Upside
Assigned
04/09/26
Devon Energy price target raised to $60 from $55 at BMO CapitalDevon Energy price target raised to $60 from $55 at BMO Capital
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Evercore ISI Analyst forecast on DVN
Evercore ISI
Evercore ISI
$54
Hold
22.09%
Upside
Initiated
05/15/26
Devon Energy resumed with an In Line at Evercore ISIDevon Energy resumed with an In Line at Evercore ISI
Bernstein Analyst forecast on DVN
Bernstein
Bernstein
$59
Buy
33.39%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Energy Companies: Kinetik (NYSE: KNTK) and Devon Energy (NYSE: DVN)
Barclays Analyst forecast on DVN
Barclays
Barclays
$54
Buy
22.09%
Upside
Reiterated
05/11/26
Barclays Reaffirms Their Buy Rating on Devon Energy (DVN)
Jefferies Analyst forecast on DVN
Jefferies
Jefferies
$62
Buy
40.18%
Upside
Upgraded
05/10/26
Devon Energy upgraded to Buy from Hold at JefferiesDevon Energy upgraded to Buy from Hold at Jefferies
Susquehanna
$45.31$57
Buy
28.87%
Upside
Assigned
05/08/26
Devon Energy (DVN) Receives a Buy from Susquehanna
Siebert Williams Shank & Co Analyst forecast on DVN
Siebert Williams Shank & Co
Siebert Williams Shank & Co
$67
Buy
51.48%
Upside
Reiterated
05/06/26
Siebert Williams Shank & Co Sticks to Its Buy Rating for Devon Energy (DVN)
Scotiabank Analyst forecast on DVN
Scotiabank
Scotiabank
$46
Hold
4.00%
Upside
Reiterated
05/06/26
Scotiabank Sticks to Its Hold Rating for Devon Energy (DVN)
Truist Financial Analyst forecast on DVN
Truist Financial
Truist Financial
Buy
Reiterated
05/06/26
Analysts Are Bullish on These Energy Stocks: Devon Energy (DVN), Archrock (AROC)
William Blair Analyst forecast on DVN
William Blair
William Blair
Buy
Reiterated
05/05/26
Neal Dingmann Reiterates Buy on Devon, Citing Strong Earnings, Robust Free Cash Flow and Coterra Merger Upside Despite Near-Term Timing Overhang
Raymond James Analyst forecast on DVN
Raymond James
Raymond James
$62$72
Buy
62.79%
Upside
Upgraded
05/04/26
Raymond James upgrades Devon Energy (DVN) to a Buy
Roth MKM
$50$57
Buy
28.87%
Upside
Reiterated
04/29/26
Analysts Offer Insights on Energy Companies: Devon Energy (NYSE: DVN) and NOV (NYSE: NOV)
Bank of America Securities Analyst forecast on DVN
Bank of America Securities
Bank of America Securities
$53$57
Buy
28.87%
Upside
Reiterated
04/27/26
Devon Energy price target raised to $57 from $53 at BofADevon Energy price target raised to $57 from $53 at BofA
Wells Fargo Analyst forecast on DVN
Wells Fargo
Wells Fargo
$51$66
Buy
49.22%
Upside
Reiterated
04/20/26
Devon Energy price target raised to $66 from $51 at Wells FargoDevon Energy price target raised to $66 from $51 at Wells Fargo
UBS
$61$60
Buy
35.65%
Upside
Assigned
04/14/26
Devon Energy price target lowered to $60 from $61 at UBSDevon Energy price target lowered to $60 from $61 at UBS
BMO Capital
$60
Buy
35.65%
Upside
Assigned
04/09/26
Devon Energy price target raised to $60 from $55 at BMO CapitalDevon Energy price target raised to $60 from $55 at BMO Capital
Stocks with the Highest Top Analyst Consensus in the Energy Sector
Find stocks in the Energy sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Devon Energy

3 Months
xxx
Success Rate
12/15 ratings generated profit
80%
Average Return
+16.05%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 80.00% of your transactions generating a profit, with an average return of +16.05% per trade.
1 Year
Doug LeggateWolfe Research
Success Rate
11/15 ratings generated profit
73%
Average Return
+90.24%
Copying Doug Leggate's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +90.24% per trade.
2 Years
xxx
Success Rate
15/16 ratings generated profit
94%
Average Return
+28.05%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 93.75% of your transactions generating a profit, with an average return of +28.05% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

DVN Analyst Recommendation Trends

Rating
Jan 26
Feb 26
Mar 26
Apr 26
May 26
Strong Buy
3
2
1
0
0
Buy
38
48
50
46
33
Hold
8
9
11
8
6
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
49
59
62
54
39
In the current month, DVN has received 33 Buy Ratings, 6 Hold Ratings, and 0 Sell Ratings. DVN average Analyst price target in the past 3 months is 59.89.
Each month's total comprises the sum of three months' worth of ratings.

DVN Financial Forecast

DVN Earnings Forecast

Next quarter’s earnings estimate for DVN is $1.60 with a range of $0.42 to $2.74. The previous quarter’s EPS was $1.04. DVN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year DVN has Performed in-line its overall industry.
Next quarter’s earnings estimate for DVN is $1.60 with a range of $0.42 to $2.74. The previous quarter’s EPS was $1.04. DVN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year DVN has Performed in-line its overall industry.

DVN Sales Forecast

Next quarter’s sales forecast for DVN is $5.84B with a range of $3.89B to $8.32B. The previous quarter’s sales results were $4.51B. DVN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year DVN has Performed in-line its overall industry.
Next quarter’s sales forecast for DVN is $5.84B with a range of $3.89B to $8.32B. The previous quarter’s sales results were $4.51B. DVN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year DVN has Performed in-line its overall industry.

DVN Stock Forecast FAQ

What is DVN’s average 12-month price target, according to analysts?
Based on analyst ratings, Devon Energy’s 12-month average price target is 59.89.
    What is DVN’s upside potential, based on the analysts’ average price target?
    Devon Energy has 35.40% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is DVN a Buy, Sell or Hold?
          Devon Energy has a consensus rating of Strong Buy which is based on 17 buy ratings, 3 hold ratings and 0 sell ratings.
            What is Devon Energy’s price target?
            The average price target for Devon Energy is 59.89. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $72.00 ,the lowest forecast is $46.00. The average price target represents 35.40% Increase from the current price of $44.23.
              What do analysts say about Devon Energy?
              Devon Energy’s analyst rating consensus is a Strong Buy. This is based on the ratings of 20 Wall Streets Analysts.
                How can I buy shares of DVN?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.