Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
49.30
+1.11 (2.30%)
At close: Aug 20, 2026, 4:00 PM EDT
48.73
-0.57 (-1.16%)
After-hours: Aug 20, 2026, 4:53 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 $59.58. The average 1-year stock price forecast is 20.85% higher than the current stock price, while the lowest is $44 (-10.75%) and the highest is $68 (+37.93%).
Price Target: $59.58 (+20.85%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 17 | 18 | 19 | 21 | 21 | 21 |
| Buy | 4 | 3 | 3 | 4 | 4 | 4 |
| Hold | 6 | 5 | 4 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 27 | 26 | 26 | 27 | 27 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $63 | Buy | Maintains | $63 | +27.79% | Aug 20, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Reiterates $53 → $55 | Buy | Reiterates | $53 → $55 | +11.56% | Aug 19, 2026 |
| Barclays | Barclays | Buy Maintains $62 → $58 | Buy | Maintains | $62 → $58 | +17.65% | Aug 17, 2026 |
| Argus Research | Argus Research | Buy Maintains $53 | Buy | Maintains | $53 | +7.51% | Aug 14, 2026 |
| Wells Fargo | Wells Fargo | Buy Reiterates $68 → $65 | Buy | Reiterates | $68 → $65 | +31.85% | Aug 13, 2026 |
Financial Forecast
Revenue This Year
24.84B
from 16.04B
Increased by 54.90%
Revenue Next Year
25.92B
from 24.84B
Increased by 4.32%
EPS This Year
5.54
from 3.92
Increased by 41.27%
EPS Next Year
5.44
from 5.54
Decreased by -1.79%
EPS and Forward PE are based on non-GAAP adjusted numbers.