Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
34.77
-0.52 (-1.47%)
At close: Sep 12, 2025, 4:00 PM EDT
34.65
-0.12 (-0.35%)
Pre-market: Sep 15, 2025, 5:14 AM EDT

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 $44.32, which forecasts a 27.47% increase in the stock price over the next year. The lowest target is $40 and the highest is $57.

Price Target: $44.32 (+27.47%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$40$44.32$43$57
Change+15.04%+27.47%+23.67%+63.93%

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

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy444444
Buy101010101111
Hold777766
Sell000000
Strong Sell000000
Total212121212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
William Blair
William Blair
Buy
Initiates
n/a
BuyInitiatesn/an/aAug 25, 2025
UBS
UBS
Hold
Maintains
$37$40
HoldMaintains$37$40+15.04%Aug 20, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$46$49
BuyMaintains$46$49+40.93%Aug 18, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$58$57
BuyMaintains$58$57+63.93%Aug 14, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$42$43
BuyMaintains$42$43+23.67%Aug 12, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
17.20B
from 15.17B
Increased by 13.37%
Revenue Next Year
16.94B
from 17.20B
Decreased by -1.51%
EPS This Year
3.99
from 4.56
Decreased by -12.47%
EPS Next Year
4.36
from 3.99
Increased by 9.30%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.67B13.75B19.83B14.43B15.17B17.20B16.94B
Revenue Growth
-29.98%194.24%44.20%-27.24%5.16%13.37%-1.51%
EPS
-7.124.199.125.844.563.994.36
EPS Growth
--117.66%-35.97%-21.92%-12.47%9.30%
Forward PE
-----8.717.97
No. Analysts
-----2928
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High18.4B19.3B
Avg17.2B16.9B
Low16.0B15.7B

Revenue Growth

Revenue Growth20252026202720282029
High
21.6%
12.3%
Avg
13.4%
-1.5%
Low
5.5%
-8.7%

EPS Forecast

EPS20252026202720282029
High4.846.06
Avg3.994.36
Low2.962.07

EPS Growth

EPS Growth20252026202720282029
High
6.2%
51.8%
Avg
-12.5%
9.3%
Low
-35.1%
-48.2%
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.