Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
35.16
+1.27 (3.75%)
At close: Aug 22, 2025, 4:00 PM
35.14
-0.02 (-0.06%)
After-hours: Aug 22, 2025, 7:56 PM EDT

Devon Energy Stock Forecast

Stock Price Forecast

The 20 analysts that cover Devon Energy stock have a consensus rating of "Buy" and an average price target of $44.3, which forecasts a 26.00% increase in the stock price over the next year. The lowest target is $40 and the highest is $57.

Price Target: $44.3 (+26.00%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$40$44.3$43$57
Change+13.77%+26.00%+22.30%+62.12%

Analyst Ratings

The average analyst rating for Devon Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy434444
Buy101010101010
Hold777777
Sell000000
Strong Sell000000
Total212021212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Maintains
$37$40
HoldMaintains$37$40+13.77%Aug 20, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$46$49
BuyMaintains$46$49+39.36%Aug 18, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$58$57
BuyMaintains$58$57+62.12%Aug 14, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$42$43
BuyMaintains$42$43+22.30%Aug 12, 2025
Barclays
Barclays
Hold
Maintains
$40$42
HoldMaintains$40$42+19.45%Aug 6, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
17.20B
from 15.17B
Increased by 13.37%
Revenue Next Year
16.94B
from 17.20B
Decreased by -1.51%
EPS This Year
3.99
from 4.56
Decreased by -12.47%
EPS Next Year
4.36
from 3.99
Increased by 9.30%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
4.67B13.75B19.83B14.43B15.17B17.20B16.94B17.90B
Revenue Growth
-29.98%194.24%44.20%-27.24%5.16%13.37%-1.51%5.67%
EPS
-7.124.199.125.844.563.994.365.45
EPS Growth
--117.66%-35.97%-21.92%-12.47%9.30%24.92%
Forward PE
-----8.818.066.45
No. Analysts
-----292818
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High18.4B19.3B21.8B
Avg17.2B16.9B17.9B
Low16.0B15.7B14.3B

Revenue Growth

Revenue Growth202520262027
High
21.6%
12.3%
28.5%
Avg
13.4%
-1.5%
5.7%
Low
5.5%
-8.7%
-15.8%

EPS Forecast

EPS20252026202720282029
High4.846.067.85
Avg3.994.365.45
Low2.962.073.07

EPS Growth

EPS Growth20252026202720282029
High
6.2%
51.8%
80.0%
Avg
-12.5%
9.3%
24.9%
Low
-35.1%
-48.2%
-29.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.