Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
48.98
+0.58 (1.20%)
At close: Sep 9, 2026, 4:00 PM EDT
48.98
0.00 (0.00%)
After-hours: Sep 9, 2026, 7:00 PM EDT
Devon Energy Stock Forecast
Stock Price Forecast
According to 28 analysts polled by S&P Global, Devon Energy stock has a consensus rating of "Strong Buy" and an average price target of $59.81. The average 1-year stock price forecast is 22.11% higher than the current stock price, while the lowest is $44 (-10.17%) and the highest is $68 (+38.83%).
Price Target: $59.81 (+22.11%)
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 | 3 |
| 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 |
|---|---|---|---|---|---|---|---|
Unknown Analyst Stifel Nicolaus No rating | Stifel Nicolaus | Buy Initiates $59 → $61 | Buy | Initiates | $59 → $61 | +24.54% | Sep 9, 2026 |
Unknown Analyst Seaport Global No rating | Seaport Global | Buy Initiates $65 | Buy | Initiates | $65 | +32.71% | Sep 3, 2026 |
| Citi | Citi | Buy Maintains $65 → $67 | Buy | Maintains | $65 → $67 | +36.79% | Aug 31, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $63 | Buy | Reiterates | $63 | +28.62% | Aug 20, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $59 → $58 | Hold | Maintains | $59 → $58 | +18.42% | Aug 20, 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
5.41
from 3.92
Increased by 38.00%
EPS Next Year
5.36
from 5.41
Decreased by -1.00%
EPS and Forward PE are based on non-GAAP adjusted numbers.