Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
44.61
-1.99 (-4.27%)
At close: Jun 11, 2026, 4:00 PM EDT
44.20
-0.41 (-0.92%)
Pre-market: Jun 12, 2026, 8:42 AM 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 $61.19. The average 1-year stock price forecast is 37.17% higher than the current stock price, while the lowest is $44 (-1.37%) and the highest is $72 (+61.40%).
Price Target: $61.19 (+37.17%)
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 |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $60 → $65 | Buy | Maintains | $60 → $65 | +45.71% | Jun 10, 2026 |
| UBS | UBS | Buy Reiterates $60 → $58 | Buy | Reiterates | $60 → $58 | +30.02% | Jun 10, 2026 |
| Truist Financial | Truist Financial | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jun 10, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $57 | Buy | Reiterates | $57 | +27.77% | Jun 10, 2026 |
| Siebert Williams Shank & Co | Siebert Williams Shank & Co | Buy Maintains $67 | Buy | Maintains | $67 | +50.19% | Jun 10, 2026 |
Financial Forecast
Revenue This Year
25.36B
from 16.04B
Increased by 58.10%
Revenue Next Year
29.05B
from 25.36B
Increased by 14.55%
EPS This Year
5.47
from 3.92
Increased by 39.56%
EPS Next Year
5.44
from 5.47
Decreased by -0.53%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 29.5B | ||
| Avg | 25.4B | ||
| Low | 20.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 84.0% | ||
| Avg | 58.1% | ||
| Low | 29.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.90 | ||
| Avg | 5.47 | ||
| Low | 4.38 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 76.0% | ||
| Avg | 39.6% | ||
| Low | 11.7% |