Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
32.14
-1.08 (-3.25%)
At close: Aug 1, 2025, 4:00 PM
32.12
-0.02 (-0.06%)
After-hours: Aug 1, 2025, 7:59 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 $43.75, which forecasts a 36.12% increase in the stock price over the next year. The lowest target is $37 and the highest is $58.
Price Target: $43.75 (+36.12%)
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 4 | 4 | 4 |
| Buy | 10 | 10 | 10 | 10 | 10 | 10 |
| Hold | 7 | 7 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 20 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Reiterates $40 → $45 | Buy | Reiterates | $40 → $45 | +40.01% | Jul 22, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $53 → $58 | Buy | Maintains | $53 → $58 | +80.46% | Jul 17, 2025 |
| UBS | UBS | Hold Maintains $35 → $37 | Hold | Maintains | $35 → $37 | +15.12% | Jul 11, 2025 |
| Scotiabank | Scotiabank | Buy Maintains $35 → $40 | Buy | Maintains | $35 → $40 | +24.46% | Jul 11, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $46 → $41 | Buy | Maintains | $46 → $41 | +27.57% | Jun 16, 2025 |
Financial Forecast
Revenue This Year
16.94B
from 15.17B
Increased by 11.69%
Revenue Next Year
16.75B
from 16.94B
Decreased by -1.17%
EPS This Year
4.03
from 4.56
Decreased by -11.56%
EPS Next Year
4.25
from 4.03
Increased by 5.29%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 18.4B | 19.3B | 20.8B |
| Avg | 16.9B | 16.7B | 18.0B |
| Low | 15.2B | 14.0B | 13.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 21.1% | 13.8% | 24.2% |
| Avg | 11.7% | -1.2% | 7.4% |
| Low | -0.1% | -17.5% | -18.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.43 | 5.97 | 7.59 | ||
| Avg | 4.03 | 4.25 | 5.24 | ||
| Low | 2.70 | 2.07 | 2.40 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.0% | 48.1% | 78.8% | ||
| Avg | -11.6% | 5.3% | 23.3% | ||
| Low | -40.7% | -48.7% | -43.5% |
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.