Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
44.88
+0.78 (1.77%)
At close: Jul 22, 2026, 4:00 PM EDT
44.82
-0.06 (-0.13%)
After-hours: Jul 22, 2026, 4:22 PM EDT
Devon Energy Stock Forecast
Stock Price Forecast
According to 27 analysts polled by S&P Global, Devon Energy stock has a consensus rating of "Strong Buy" and an average price target of $59.15. The average 1-year stock price forecast is 31.80% higher than the current stock price, while the lowest is $44 (-1.96%) and the highest is $68 (+51.52%).
Price Target: $59.15 (+31.80%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Devon Energy stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 16 | 17 | 18 | 19 | 21 | 21 |
| Buy | 5 | 4 | 3 | 3 | 4 | 4 |
| Hold | 6 | 6 | 5 | 4 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 27 | 27 | 26 | 26 | 27 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $66 → $64 | Buy | Maintains | $66 → $64 | +42.60% | Jul 16, 2026 |
| UBS | UBS | Buy Reiterates $58 → $54 | Buy | Reiterates | $58 → $54 | +20.32% | Jul 15, 2026 |
| Truist Financial | Truist Financial | Buy Maintains $61 | Buy | Maintains | $61 | +35.92% | Jul 14, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $59 | Hold | Maintains | $59 | +31.46% | Jul 9, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Reiterates $62 → $55 | Buy | Reiterates | $62 → $55 | +22.55% | Jul 8, 2026 |
Financial Forecast
Revenue This Year
24.11B
from 16.04B
Increased by 50.32%
Revenue Next Year
27.56B
from 24.11B
Increased by 14.30%
EPS This Year
5.14
from 3.92
Increased by 31.11%
EPS Next Year
5.33
from 5.14
Increased by 3.79%
EPS and Forward PE are based on non-GAAP adjusted numbers.