Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
42.12
-0.46 (-1.08%)
At close: Jun 18, 2026, 4:00 PM EDT
42.18
+0.06 (0.14%)
After-hours: Jun 18, 2026, 7:55 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 $60.81. The average 1-year stock price forecast is 44.37% higher than the current stock price, while the lowest is $44 (+4.46%) and the highest is $68 (+61.44%).
Price Target: $60.81 (+44.37%)
Analyst Consensus: Strong Buy
Analyst 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 17 | 16 | 17 | 18 | 19 | 20 |
| Buy | 5 | 5 | 4 | 3 | 3 | 4 |
| Hold | 8 | 6 | 6 | 5 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 27 | 27 | 26 | 26 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Financial | Truist Financial | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jun 18, 2026 |
| Raymond James | Raymond James | Buy Reiterates $72 → $66 | Buy | Reiterates | $72 → $66 | +56.70% | Jun 15, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $66 | Buy | Reiterates | $66 | +56.70% | Jun 12, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $60 → $65 | Buy | Maintains | $60 → $65 | +54.32% | Jun 10, 2026 |
| UBS | UBS | Buy Reiterates $60 → $58 | Buy | Reiterates | $60 → $58 | +37.70% | Jun 10, 2026 |
Financial Forecast
Revenue This Year
25.27B
from 16.04B
Increased by 57.54%
Revenue Next Year
28.96B
from 25.27B
Increased by 14.61%
EPS This Year
5.51
from 3.92
Increased by 40.45%
EPS Next Year
5.41
from 5.51
Decreased by -1.71%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 29.5B | ||
| Avg | 25.3B | ||
| Low | 20.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 84.0% | ||
| Avg | 57.5% | ||
| Low | 29.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.90 | ||
| Avg | 5.51 | ||
| Low | 4.38 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 76.0% | ||
| Avg | 40.5% | ||
| Low | 11.7% |