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Devon Energy (DVN)
NYSE:DVN
DVN Analyst Ratings
Moderate Buy
11 Buy
5 Hold
0 Sell
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
$43.19
▲(27.93%Upside)
| Highest Price Target$58.00 | Average Price Target$43.19 | Lowest Price Target$35.00 |
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
TipRanks
$37
Buy
9.60%
Upside
Reiterated
07/24/25
Devon Energy's overall stock score reflects its strong financial performance and attractive valuation, supported by efficient operations and robust shareholder returns. The earnings call underscores strategic gains and resilience in a challenging market environment, though technical indicators show moderate momentum.
Siebert Williams Shank & Co
$52
Buy
54.03%
Upside
Reiterated
07/25/25
Susquehanna
$41
Buy
21.45%
Upside
Reiterated
07/23/25
Raymond James
$40→$45
Buy
33.29%
Upside
Reiterated
07/22/25
Wells Fargo
$42
Buy
24.41%
Upside
Reiterated
07/21/25
Devon Energy's Strategic Focus on Cost Reduction and Margin Enhancement Supports Buy RatingWe expect in-line Q2'25 production with mixed financial results. Key areas of focus include progress on cost-reduction & margin enhancement efforts, Delaware well productivity, operational efficiency gains, and 2026 outlook. Maintain OW & $42 PT. Modeling Adjustments. Our Q2'25/FY25 adjustments reflect updated production, opex, commodity price realizations, and cost-deflation assumptions. We lower our Q2 estimates on lower oil/gas/NGL price realizations, partially offset by higher production volumes and lower opex. We forecast Q2'25E Adj. $0.85/$540MM/$993MM, vs. the Street at $1,740MM/$0.88/$581MM/$997MM, respectively. We maintain our OW rating and PT at $42.
Piper Sandler
$53→$58
Buy
71.80%
Upside
Reiterated
07/17/25
Morgan Stanley
$44→$46
Buy
36.26%
Upside
Reiterated
07/15/25
Barclays
$40
Hold
18.48%
Upside
Reiterated
07/14/25
UBS
$35→$37
Hold
9.60%
Upside
Reiterated
07/11/25
Benchmark Co.
$44
Buy
30.33%
Upside
Reiterated
07/11/25
Scotiabank
$35→$40
Buy
18.48%
Upside
Reiterated
07/11/25
RBC Capital
$40→$38
Hold
12.56%
Upside
Reiterated
07/09/25
J.P. Morgan
$40→$42
Hold
24.41%
Upside
Reiterated
07/08/25
Mizuho Securities
$43
Buy
27.37%
Upside
Reiterated
07/08/25
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
TipRanks
$37
Buy
9.60%
Upside
Reiterated
07/24/25
Devon Energy's overall stock score reflects its strong financial performance and attractive valuation, supported by efficient operations and robust shareholder returns. The earnings call underscores strategic gains and resilience in a challenging market environment, though technical indicators show moderate momentum.
Siebert Williams Shank & Co
$52
Buy
54.03%
Upside
Reiterated
07/25/25
Susquehanna
$41
Buy
21.45%
Upside
Reiterated
07/23/25
Raymond James
$40→$45
Buy
33.29%
Upside
Reiterated
07/22/25
Wells Fargo
$42
Buy
24.41%
Upside
Reiterated
07/21/25
Devon Energy's Strategic Focus on Cost Reduction and Margin Enhancement Supports Buy RatingWe expect in-line Q2'25 production with mixed financial results. Key areas of focus include progress on cost-reduction & margin enhancement efforts, Delaware well productivity, operational efficiency gains, and 2026 outlook. Maintain OW & $42 PT. Modeling Adjustments. Our Q2'25/FY25 adjustments reflect updated production, opex, commodity price realizations, and cost-deflation assumptions. We lower our Q2 estimates on lower oil/gas/NGL price realizations, partially offset by higher production volumes and lower opex. We forecast Q2'25E Adj. $0.85/$540MM/$993MM, vs. the Street at $1,740MM/$0.88/$581MM/$997MM, respectively. We maintain our OW rating and PT at $42.
Piper Sandler
$53→$58
Buy
71.80%
Upside
Reiterated
07/17/25
Morgan Stanley
$44→$46
Buy
36.26%
Upside
Reiterated
07/15/25
Barclays
$40
Hold
18.48%
Upside
Reiterated
07/14/25
UBS
$35→$37
Hold
9.60%
Upside
Reiterated
07/11/25
Benchmark Co.
$44
Buy
30.33%
Upside
Reiterated
07/11/25
Scotiabank
$35→$40
Buy
18.48%
Upside
Reiterated
07/11/25
RBC Capital
$40→$38
Hold
12.56%
Upside
Reiterated
07/09/25
J.P. Morgan
$40→$42
Hold
24.41%
Upside
Reiterated
07/08/25
Mizuho Securities
$43
Buy
27.37%
Upside
Reiterated
07/08/25
Best Analysts Covering Devon Energy
1 Month
xxx
Success Rate
17/27 ratings generated profit
Average Return
+5.47%
reiterated a xxx
rating 10 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 62.96% of your transactions generating a profit, with an average return of +5.47% per trade.
3 Months
xxx
Success Rate
16/27 ratings generated profit
Average Return
+15.50%
reiterated a xxx
rating 10 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 59.26% of your transactions generating a profit, with an average return of +15.50% per trade.
1 Year
Success Rate
18/27 ratings generated profit
Average Return
+69.06%
reiterated a buy rating 10 days ago
Copying John Freeman's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +69.06% per trade.
2 Years
xxx
Success Rate
15/27 ratings generated profit
Average Return
+90.60%
reiterated a xxx
rating 10 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 55.56% of your transactions generating a profit, with an average return of +90.60% 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
Mar 25
Apr 25
May 25
Jun 25
Jul 25
Strong Buy
6
8
9
7
8
Buy
27
27
29
29
34
Hold
19
17
17
11
10
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
52
52
55
47
52
Each month's total comprises the sum of three months' worth of ratings.
DVN Financial Forecast
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 43.19.
What is DVN’s upside potential, based on the analysts’ average price target?
Devon Energy has 27.93% 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 Moderate Buy which is based on 11 buy ratings, 5 hold ratings and 0 sell ratings.
What is Devon Energy’s price target?
The average price target for Devon Energy is 43.19. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $58.00 ,the lowest forecast is $35.00. The average price target represents 27.93% Increase from the current price of $33.76.
The highest analyst price target is $58.00 ,the lowest forecast is $35.00. The average price target represents 27.93% Increase from the current price of $33.76.
What do analysts say about Devon Energy?
Devon Energy’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 16 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.