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Devon Energy Corporation (DVN) Stock Forecast

Data as of Oct 31, 2026

Energy · Current price $52.12 (+1.86%)

Consensus Target
$61.93
Upside
+20.7%
Analysts
29
Rating
Buy(1.90)

Price Target Range

Low $54.00Consensus $61.93High $68.00
▲ Current $52.12

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy1
Buy13
Hold0
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Feb 19, 2026Nick PopeRoth Capital$50.00-4.1%
Feb 3, 2026Paul ChengScotiabank$45.00-13.7%
Feb 3, 2026Nitin KumarMizuho Securities$51.00-2.1%
Jan 26, 2026Charles MinervinoSusquehanna$45.00-13.7%
Jan 23, 2026Devin McDermottMorgan Stanley$46.00-11.7%
Jan 15, 2026Paul ChengScotiabank$41.00-21.3%
Dec 12, 2025Nitin KumarMizuho Securities$43.00-17.5%
Dec 12, 2025Josh SilversteinUBS$46.00-11.7%
Aug 12, 2025Hanwen ChangWells Fargo$43.00-17.5%
Mar 26, 2025Devin McDermottMorgan Stanley$47.00-9.8%
Oct 15, 2024Gabriele SorbaraWilliams Trading$54.00+3.6%
Oct 10, 2024Paul ChengScotiabank$48.00-7.9%
Oct 2, 2024Betty JiangBarclays$46.00-11.7%
Sep 30, 2024Neal DingmannTruist Financial$49.00-6.0%
Sep 16, 2024Devin McDermottMorgan Stanley$51.00-2.1%
Aug 13, 2024Roger ReadWells Fargo$55.00+5.5%
Jul 12, 2024Paul ChengScotiabank$60.00+15.1%
Jun 17, 2024Bill SeleskyArgus Research$71.00+36.2%
May 24, 2024Devin McDermottMorgan Stanley$52.00-0.2%
May 20, 2024Phillip JungwirthBMO Capital$57.00+9.4%

DVN vs Sector & Market

MetricDVNEnergy AvgLarge Cap Avg
Analyst Rating1.902.482.41
Analyst Count29919
Target Upside+20.7%+115.4%+21.5%
P/E Ratio14.5234.7838.49

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$18.60B$22.36B$24.43B7
2027-03-31$4.42B$6.26B$7.42B3
2027-06-30$4.28B$6.07B$7.19B2
2027-09-30$4.34B$6.16B$7.29B2
2027-12-31$4.44B$6.29B$7.45B3
2028-03-31$4.54B$6.44B$7.62B2
2028-06-30$4.43B$6.28B$7.44B1
2028-09-30$4.49B$6.36B$7.53B1
2028-12-31$4.54B$6.44B$7.63B2
2029-12-31$20.58B$26.16B$30.71B3
2030-12-31$20.49B$26.05B$30.58B3

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$2.33$5.21$8.9314
2027-03-31$0.87$1.41$1.754
2027-06-30$0.74$1.20$1.494
2027-09-30$0.79$1.27$1.584
2027-12-31$0.85$1.38$1.714
2028-03-31$0.94$1.53$1.905
2028-06-30$0.87$1.42$1.755
2028-09-30$0.92$1.50$1.855
2028-12-31$0.98$1.59$1.975
2029-12-31$4.18$5.79$7.101
2030-12-31$4.10$5.68$6.961

Frequently Asked Questions

What is the analyst consensus for DVN?

The consensus among 29 analysts covering Devon Energy Corporation (DVN) is Buy with an average price target of $61.93.

What is the highest price target for DVN?

The highest price target for DVN is $103.00, set by Deal Dingmann at Truist Financial on 2022-06-09.

What is the lowest price target for DVN?

The lowest price target for DVN is $35.00, set by Stephen Richardson at Evercore ISI on 2021-08-04.

How many analysts cover DVN?

29 analysts have issued ratings for Devon Energy Corporation in the past 12 months.

Is DVN a buy or sell right now?

Based on 29 analyst ratings, DVN has a consensus rating of Buy (1.90/5) with a +20.7% upside to the consensus target of $61.93.

What are the earnings estimates for DVN?

Analysts estimate DVN will report EPS of $5.21 for the period ending 2026-12-31, with revenue estimated at $22.36B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.