Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
45.40
+0.04 (0.09%)
At close: Aug 11, 2026, 4:00 PM EDT
45.35
-0.05 (-0.11%)
Pre-market: Aug 12, 2026, 7:10 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 $59.69. The average 1-year stock price forecast is 31.48% higher than the current stock price, while the lowest is $44 (-3.08%) and the highest is $68 (+49.78%).
Price Target: $59.69 (+31.48%)
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 | 3 |
| 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 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains $55 → $60 | Buy | Maintains | $55 → $60 | +32.16% | Aug 7, 2026 |
| Evercore ISI | Evercore ISI | Buy Maintains $54 | Buy | Maintains | $54 | +18.94% | Aug 5, 2026 |
| Truist Financial | Truist Financial | Buy Reiterates $61 → $65 | Buy | Reiterates | $61 → $65 | +43.17% | Aug 5, 2026 |
| Siebert Williams Shank & Co | Siebert Williams Shank & Co | Buy Maintains $60 | Buy | Maintains | $60 | +32.16% | Aug 5, 2026 |
| Barclays | Barclays | Buy Maintains $62 | Buy | Maintains | $62 | +36.56% | Aug 5, 2026 |
Financial Forecast
Revenue This Year
24.45B
from 16.04B
Increased by 52.43%
Revenue Next Year
25.66B
from 24.45B
Increased by 4.96%
EPS This Year
5.31
from 3.92
Increased by 35.49%
EPS Next Year
5.49
from 5.31
Increased by 3.33%
EPS and Forward PE are based on non-GAAP adjusted numbers.