Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
42.23
+0.21 (0.50%)
At close: Jul 10, 2026, 4:00 PM EDT
42.21
-0.02 (-0.05%)
After-hours: Jul 10, 2026, 7:59 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 $60.08. The average 1-year stock price forecast is 42.27% higher than the current stock price, while the lowest is $44 (+4.19%) and the highest is $68 (+61.02%).
Price Target: $60.08 (+42.27%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 16 | 17 | 18 | 19 | 21 | 21 |
| Buy | 5 | 4 | 3 | 3 | 4 | 4 |
| Hold | 6 | 6 | 5 | 4 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 27 | 27 | 26 | 26 | 27 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Financial | Truist Financial | Buy Maintains $66 → $61 | Buy | Maintains | $66 → $61 | +44.45% | Jul 9, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $59 | Hold | Maintains | $59 | +39.71% | Jul 9, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Reiterates $62 → $55 | Buy | Reiterates | $62 → $55 | +30.24% | Jul 8, 2026 |
| Barclays | Barclays | Buy Maintains $62 | Buy | Maintains | $62 | +46.82% | Jul 7, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $68 | Buy | Maintains | $68 | +61.02% | Jul 3, 2026 |
Financial Forecast
Revenue This Year
24.97B
from 16.04B
Increased by 55.72%
Revenue Next Year
28.84B
from 24.97B
Increased by 15.46%
EPS This Year
5.21
from 3.92
Increased by 32.93%
EPS Next Year
5.37
from 5.21
Increased by 3.07%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 29.5B | ||
| Avg | 25.0B | ||
| Low | 20.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 84.0% | ||
| Avg | 55.7% | ||
| Low | 29.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.90 | ||
| Avg | 5.21 | ||
| Low | 3.81 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 76.0% | ||
| Avg | 32.9% | ||
| Low | -2.8% |