Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
36.20
0.00 (0.00%)
At close: Dec 24, 2025, 4:00 PM EST
36.23
+0.03 (0.08%)
Pre-market: Dec 26, 2025, 4:00 AM EST
Devon Energy Stock Forecast
Stock Price Forecast
The 19 analysts that cover Devon Energy stock have a consensus rating of "Buy" and an average price target of $43.53, which forecasts a 20.25% increase in the stock price over the next year. The lowest target is $37 and the highest is $55.
Price Target: $43.53 (+20.25%)
Analyst Consensus: Buy
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
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 6 |
| Buy | 10 | 11 | 11 | 11 | 11 | 12 |
| Hold | 7 | 6 | 6 | 5 | 5 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $43 → $44 | Strong Buy | Maintains | $43 → $44 | +21.55% | Dec 17, 2025 |
| UBS | UBS | Hold → Strong Buy Upgrades $40 → $46 | Hold → Strong Buy | Upgrades | $40 → $46 | +27.07% | Dec 12, 2025 |
| Mizuho | Mizuho | Buy Maintains $40 → $43 | Buy | Maintains | $40 → $43 | +18.78% | Dec 12, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $47 → $48 | Buy | Maintains | $47 → $48 | +32.60% | Dec 11, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $49 → $44 | Hold → Buy | Upgrades | $49 → $44 | +21.55% | Dec 8, 2025 |
Financial Forecast
Revenue This Year
17.16B
from 15.17B
Increased by 13.09%
Revenue Next Year
16.53B
from 17.16B
Decreased by -3.67%
EPS This Year
4.02
from 4.56
Decreased by -11.80%
EPS Next Year
4.13
from 4.02
Increased by 2.66%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 18.1B | 18.0B | ||||
| Avg | 17.2B | 16.5B | ||||
| Low | 16.4B | 14.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 19.6% | 5.0% | ||||
| Avg | 13.1% | -3.7% | ||||
| Low | 7.9% | -15.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 4.40 | 5.22 | ||||
| Avg | 4.02 | 4.13 | ||||
| Low | 3.69 | 3.31 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | -3.5% | 29.7% | ||||
| Avg | -11.8% | 2.7% | ||||
| Low | -19.0% | -17.6% |
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.