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Devon Energy (DVN)
NYSE:DVN
US Market

Devon Energy (DVN) Stock Forecast & Price Target

7,522 Followers
See the Price Targets and Ratings of:

DVN Analyst Ratings

Strong Buy
19Ratings
Strong Buy
17 Buy
2 Hold
0 Sell
Based on 19 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

$53.89
▲(8.89% Upside)
Based on 19 Wall Street analysts offering 12 month price targets for Devon Energy in the last 3 months. The average price target is $53.89 with a high forecast of $67.00 and a low forecast of $41.00. The average price target represents a 8.89% change from the last price of $49.49.
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Highest Price Target$67.00Average Price Target$53.89Lowest Price Target$41.00
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
Morgan Stanley Analyst forecast on DVN
Morgan Stanley
Morgan Stanley
$46$59
Buy
19.22%
Upside
Reiterated
03/27/26
Devon Energy price target raised to $59 from $46 at Morgan StanleyDevon Energy price target raised to $59 from $46 at Morgan Stanley
Citi
$44$60
Buy
21.24%
Upside
Assigned
03/27/26
Citi Remains a Buy on Devon Energy (DVN)
Siebert Williams Shank & Co Analyst forecast on DVN
Siebert Williams Shank & Co
Siebert Williams Shank & Co
$62
Buy
25.28%
Upside
Reiterated
03/20/26
Devon Energy (DVN) Receives a Buy from Siebert Williams Shank & Co
Bernstein Analyst forecast on DVN
Bernstein
Bernstein
$42$59
Buy
19.22%
Upside
Reiterated
03/20/26
Bernstein Reaffirms Their Buy Rating on Devon Energy (DVN)
Truist Financial Analyst forecast on DVN
Truist Financial
Truist Financial
$63
Buy
27.30%
Upside
Initiated
03/20/26
Truist Sees Re-Rating Upside in Devon–Coterra Merger on Synergies, Discount Valuation, and Robust Cash Returns
UBS
$55$61
Buy
23.26%
Upside
Reiterated
03/19/26
Devon Energy (DVN) Receives a Buy from UBS
Mizuho Securities Analyst forecast on DVN
Mizuho Securities
Mizuho Securities
$51$62
Buy
25.28%
Upside
Reiterated
03/17/26
Devon Energy price target raised to $62 from $51 at MizuhoDevon Energy price target raised to $62 from $51 at Mizuho
Bank of America Securities Analyst forecast on DVN
Bank of America Securities
Bank of America Securities
$46$53
Buy
7.09%
Upside
Reiterated
03/16/26
Devon Energy price target raised to $53 from $46 at BofADevon Energy price target raised to $53 from $46 at BofA
Wells Fargo Analyst forecast on DVN
Wells Fargo
Wells Fargo
$51
Buy
3.05%
Upside
Reiterated
03/13/26
Analysts Offer Insights on Energy Companies: Devon Energy (NYSE: DVN) and DT Midstream (NYSE: DTM)
Barclays Analyst forecast on DVN
Barclays
Barclays
$52$54
Buy
9.11%
Upside
Reiterated
03/13/26
Devon Energy (DVN) Receives a Buy from Barclays
Piper Sandler Analyst forecast on DVN
Piper Sandler
Piper Sandler
$59$67
Buy
35.38%
Upside
Reiterated
03/12/26
Devon Energy price target raised to $67 from $59 at Piper SandlerDevon Energy price target raised to $67 from $59 at Piper Sandler
Scotiabank Analyst forecast on DVN
Scotiabank
Scotiabank
$45$41
Hold
-17.15%
Downside
Reiterated
02/23/26
Devon Energy price target lowered to $41 from $45 at ScotiabankDevon Energy price target lowered to $41 from $45 at Scotiabank
RBC Capital Analyst forecast on DVN
RBC Capital
RBC Capital
$42$46
Hold
-7.05%
Downside
Reiterated
02/20/26
RBC Capital Sticks to Their Hold Rating for Devon Energy (DVN)
Susquehanna
$47$52
Buy
5.07%
Upside
Reiterated
02/20/26
Susquehanna Keeps Their Buy Rating on Devon Energy (DVN)
Roth MKM
$42$50
Buy
1.03%
Upside
Reiterated
02/19/26
Roth MKM Remains a Buy on Devon Energy (DVN)
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
Morgan Stanley Analyst forecast on DVN
Morgan Stanley
Morgan Stanley
$46$59
Buy
19.22%
Upside
Reiterated
03/27/26
Devon Energy price target raised to $59 from $46 at Morgan StanleyDevon Energy price target raised to $59 from $46 at Morgan Stanley
Citi
$44$60
Buy
21.24%
Upside
Assigned
03/27/26
Citi Remains a Buy on Devon Energy (DVN)
Siebert Williams Shank & Co Analyst forecast on DVN
Siebert Williams Shank & Co
Siebert Williams Shank & Co
$62
Buy
25.28%
Upside
Reiterated
03/20/26
Devon Energy (DVN) Receives a Buy from Siebert Williams Shank & Co
Bernstein Analyst forecast on DVN
Bernstein
Bernstein
$42$59
Buy
19.22%
Upside
Reiterated
03/20/26
Bernstein Reaffirms Their Buy Rating on Devon Energy (DVN)
Truist Financial Analyst forecast on DVN
Truist Financial
Truist Financial
$63
Buy
27.30%
Upside
Initiated
03/20/26
Truist Sees Re-Rating Upside in Devon–Coterra Merger on Synergies, Discount Valuation, and Robust Cash Returns
UBS
$55$61
Buy
23.26%
Upside
Reiterated
03/19/26
Devon Energy (DVN) Receives a Buy from UBS
Mizuho Securities Analyst forecast on DVN
Mizuho Securities
Mizuho Securities
$51$62
Buy
25.28%
Upside
Reiterated
03/17/26
Devon Energy price target raised to $62 from $51 at MizuhoDevon Energy price target raised to $62 from $51 at Mizuho
Bank of America Securities Analyst forecast on DVN
Bank of America Securities
Bank of America Securities
$46$53
Buy
7.09%
Upside
Reiterated
03/16/26
Devon Energy price target raised to $53 from $46 at BofADevon Energy price target raised to $53 from $46 at BofA
Wells Fargo Analyst forecast on DVN
Wells Fargo
Wells Fargo
$51
Buy
3.05%
Upside
Reiterated
03/13/26
Analysts Offer Insights on Energy Companies: Devon Energy (NYSE: DVN) and DT Midstream (NYSE: DTM)
Barclays Analyst forecast on DVN
Barclays
Barclays
$52$54
Buy
9.11%
Upside
Reiterated
03/13/26
Devon Energy (DVN) Receives a Buy from Barclays
Piper Sandler Analyst forecast on DVN
Piper Sandler
Piper Sandler
$59$67
Buy
35.38%
Upside
Reiterated
03/12/26
Devon Energy price target raised to $67 from $59 at Piper SandlerDevon Energy price target raised to $67 from $59 at Piper Sandler
Scotiabank Analyst forecast on DVN
Scotiabank
Scotiabank
$45$41
Hold
-17.15%
Downside
Reiterated
02/23/26
Devon Energy price target lowered to $41 from $45 at ScotiabankDevon Energy price target lowered to $41 from $45 at Scotiabank
RBC Capital Analyst forecast on DVN
RBC Capital
RBC Capital
$42$46
Hold
-7.05%
Downside
Reiterated
02/20/26
RBC Capital Sticks to Their Hold Rating for Devon Energy (DVN)
Susquehanna
$47$52
Buy
5.07%
Upside
Reiterated
02/20/26
Susquehanna Keeps Their Buy Rating on Devon Energy (DVN)
Roth MKM
$42$50
Buy
1.03%
Upside
Reiterated
02/19/26
Roth MKM Remains a Buy on Devon Energy (DVN)
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%
reiterated a xxx
rating 8 months ago
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
+90.03%
reiterated a buy rating 8 months ago
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 +90.03% per trade.
2 Years
xxx
Success Rate
14/14 ratings generated profit
100%
Average Return
+29.34%
reiterated a xxx
rating 21 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +29.34% 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
Nov 25
Dec 25
Jan 26
Feb 26
Mar 26
Strong Buy
2
2
3
2
1
Buy
45
45
45
64
66
Hold
35
27
17
9
11
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
82
74
65
75
78
In the current month, DVN has received 67 Buy Ratings, 11 Hold Ratings, and 0 Sell Ratings. DVN average Analyst price target in the past 3 months is 53.89.
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 $1.01 with a range of $0.37 to $1.72. The previous quarter’s EPS was $0.82. 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 $1.01 with a range of $0.37 to $1.72. The previous quarter’s EPS was $0.82. 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 $4.13B with a range of $3.80B to $4.50B. The previous quarter’s sales results were $4.05B. 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 $4.13B with a range of $3.80B to $4.50B. The previous quarter’s sales results were $4.05B. 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 53.89.
    What is DVN’s upside potential, based on the analysts’ average price target?
    Devon Energy has 8.89% 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, 2 hold ratings and 0 sell ratings.
            What is Devon Energy’s price target?
            The average price target for Devon Energy is 53.89. This is based on 19 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $67.00 ,the lowest forecast is $41.00. The average price target represents 8.89% Increase from the current price of $49.49.
              What do analysts say about Devon Energy?
              Devon Energy’s analyst rating consensus is a Strong Buy. This is based on the ratings of 19 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.