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Devon Energy (DVN)
NYSE:DVN
US Market
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Devon Energy (DVN) Stock Forecast & Price Target

7,715 Followers
See the Price Targets and Ratings of:

DVN Analyst Ratings

Strong Buy
20Ratings
Strong Buy
17 Buy
3 Hold
0 Sell
Based on 20 analysts giving stock ratings to
Devon
Energy
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

DVN Stock 12 Month Forecast

Average Price Target

$61.74
▲(39.58% Upside)
Based on 20 Wall Street analysts offering 12 month price targets for Devon Energy in the last 3 months. The average price target is $61.74 with a high forecast of $72.00 and a low forecast of $46.00. The average price target represents a 39.58% change from the last price of $44.23.
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style=\"color:#199ca5\">Buy 26,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":32.114,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 29,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":37.422,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 37,\t&nbsp; </span>\n              <span  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Highest Price Target$72.00Average Price Target$61.74Lowest Price Target$46.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Wells Fargo Analyst forecast on DVN
Wells Fargo
Wells Fargo
$68
Buy
53.74%
Upside
Assigned
06/04/26
Wells Fargo Releases a Buy Rating on Devon Energy (DVN)
Roth MKM
$57
Buy
28.87%
Upside
Reiterated
06/03/26
Devon Energy (DVN) Gets a Buy from Roth MKM
Siebert Williams Shank & Co Analyst forecast on DVN
Siebert Williams Shank & Co
Siebert Williams Shank & Co
$67
Buy
51.48%
Upside
Reiterated
06/01/26
Devon Energy (DVN) Receives a Buy from Siebert Williams Shank & Co
Barclays Analyst forecast on DVN
Barclays
Barclays
$62
Buy
40.18%
Upside
Reiterated
06/01/26
Barclays Sticks to Its Buy Rating for Devon Energy (DVN)
Truist Financial Analyst forecast on DVN
Truist Financial
Truist Financial
$66
Buy
49.22%
Upside
Reiterated
06/01/26
Devon Energy price target raised to $66 from $63 at TruistDevon Energy price target raised to $66 from $63 at Truist
Morgan Stanley Analyst forecast on DVN
Morgan Stanley
Morgan Stanley
$66
Buy
49.22%
Upside
Reiterated
05/29/26
Devon Energy Maintained at Buy After Coterra Merger, $66 Price Target Reaffirmed on Synergy-Driven Upside Potential
Mizuho Securities Analyst forecast on DVN
Mizuho Securities
Mizuho Securities
$62$68
Buy
53.74%
Upside
Reiterated
05/27/26
Devon Energy price target raised to $68 from $62 at MizuhoDevon Energy price target raised to $68 from $62 at Mizuho
RBC Capital Analyst forecast on DVN
RBC Capital
RBC Capital
$59
Hold
33.39%
Upside
Reiterated
05/22/26
RBC Capital Sticks to Their Hold Rating for Devon Energy (DVN)
Citi
$60$65
Buy
46.96%
Upside
Reiterated
05/21/26
Devon Energy price target raised to $65 from $60 at CitiDevon Energy price target raised to $65 from $60 at Citi
Jefferies Analyst forecast on DVN
Jefferies
Jefferies
$62$63
Buy
42.44%
Upside
Reiterated
05/17/26
Jefferies Reaffirms Their Buy Rating on Devon Energy (DVN)
Evercore ISI Analyst forecast on DVN
Evercore ISI
Evercore ISI
$54
Hold
22.09%
Upside
Initiated
05/15/26
Devon Energy resumed with an In Line at Evercore ISIDevon Energy resumed with an In Line at Evercore ISI
Bernstein Analyst forecast on DVN
Bernstein
Bernstein
$59
Buy
33.39%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Energy Companies: Kinetik (NYSE: KNTK) and Devon Energy (NYSE: DVN)
Susquehanna
$45.31$57
Buy
28.87%
Upside
Assigned
05/08/26
Devon Energy (DVN) Receives a Buy from Susquehanna
Scotiabank Analyst forecast on DVN
Scotiabank
Scotiabank
$46
Hold
4.00%
Upside
Reiterated
05/06/26
Scotiabank Sticks to Its Hold Rating for Devon Energy (DVN)
William Blair Analyst forecast on DVN
William Blair
William Blair
Buy
Reiterated
05/05/26
Neal Dingmann Reiterates Buy on Devon, Citing Strong Earnings, Robust Free Cash Flow and Coterra Merger Upside Despite Near-Term Timing Overhang
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Wells Fargo Analyst forecast on DVN
Wells Fargo
Wells Fargo
$68
Buy
53.74%
Upside
Assigned
06/04/26
Wells Fargo Releases a Buy Rating on Devon Energy (DVN)
Roth MKM
$57
Buy
28.87%
Upside
Reiterated
06/03/26
Devon Energy (DVN) Gets a Buy from Roth MKM
Siebert Williams Shank & Co Analyst forecast on DVN
Siebert Williams Shank & Co
Siebert Williams Shank & Co
$67
Buy
51.48%
Upside
Reiterated
06/01/26
Devon Energy (DVN) Receives a Buy from Siebert Williams Shank & Co
Barclays Analyst forecast on DVN
Barclays
Barclays
$62
Buy
40.18%
Upside
Reiterated
06/01/26
Barclays Sticks to Its Buy Rating for Devon Energy (DVN)
Truist Financial Analyst forecast on DVN
Truist Financial
Truist Financial
$66
Buy
49.22%
Upside
Reiterated
06/01/26
Devon Energy price target raised to $66 from $63 at TruistDevon Energy price target raised to $66 from $63 at Truist
Morgan Stanley Analyst forecast on DVN
Morgan Stanley
Morgan Stanley
$66
Buy
49.22%
Upside
Reiterated
05/29/26
Devon Energy Maintained at Buy After Coterra Merger, $66 Price Target Reaffirmed on Synergy-Driven Upside Potential
Mizuho Securities Analyst forecast on DVN
Mizuho Securities
Mizuho Securities
$62$68
Buy
53.74%
Upside
Reiterated
05/27/26
Devon Energy price target raised to $68 from $62 at MizuhoDevon Energy price target raised to $68 from $62 at Mizuho
RBC Capital Analyst forecast on DVN
RBC Capital
RBC Capital
$59
Hold
33.39%
Upside
Reiterated
05/22/26
RBC Capital Sticks to Their Hold Rating for Devon Energy (DVN)
Citi
$60$65
Buy
46.96%
Upside
Reiterated
05/21/26
Devon Energy price target raised to $65 from $60 at CitiDevon Energy price target raised to $65 from $60 at Citi
Jefferies Analyst forecast on DVN
Jefferies
Jefferies
$62$63
Buy
42.44%
Upside
Reiterated
05/17/26
Jefferies Reaffirms Their Buy Rating on Devon Energy (DVN)
Evercore ISI Analyst forecast on DVN
Evercore ISI
Evercore ISI
$54
Hold
22.09%
Upside
Initiated
05/15/26
Devon Energy resumed with an In Line at Evercore ISIDevon Energy resumed with an In Line at Evercore ISI
Bernstein Analyst forecast on DVN
Bernstein
Bernstein
$59
Buy
33.39%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Energy Companies: Kinetik (NYSE: KNTK) and Devon Energy (NYSE: DVN)
Susquehanna
$45.31$57
Buy
28.87%
Upside
Assigned
05/08/26
Devon Energy (DVN) Receives a Buy from Susquehanna
Scotiabank Analyst forecast on DVN
Scotiabank
Scotiabank
$46
Hold
4.00%
Upside
Reiterated
05/06/26
Scotiabank Sticks to Its Hold Rating for Devon Energy (DVN)
William Blair Analyst forecast on DVN
William Blair
William Blair
Buy
Reiterated
05/05/26
Neal Dingmann Reiterates Buy on Devon, Citing Strong Earnings, Robust Free Cash Flow and Coterra Merger Upside Despite Near-Term Timing Overhang
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Best Analysts Covering Devon Energy

3 Months
Subash ChandraBenchmark Co.
Success Rate
13/23 ratings generated profit
57%
Average Return
+6.47%
Copying Subash Chandra's trades and holding each position for 3 Months would result in 56.52% of your transactions generating a profit, with an average return of +6.47% per trade.
1 Year
Subash ChandraBenchmark Co.
Success Rate
16/23 ratings generated profit
70%
Average Return
+27.97%
Copying Subash Chandra's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +27.97% per trade.
2 Years
Devin McDermottMorgan Stanley
Success Rate
22/25 ratings generated profit
88%
Average Return
+22.06%
Copying Devin McDermott's trades and holding each position for 2 Years would result in 88.00% of your transactions generating a profit, with an average return of +22.06% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

DVN Analyst Recommendation Trends

Rating
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
2
1
0
1
1
Buy
48
50
46
41
31
Hold
9
11
8
8
6
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
59
62
54
50
38
In the current month, DVN has received 32 Buy Ratings, 6 Hold Ratings, and 0 Sell Ratings. DVN average Analyst price target in the past 3 months is 61.74.
Each month's total comprises the sum of three months' worth of ratings.

DVN Financial Forecast

DVN Earnings Forecast

Next quarter’s earnings estimate for DVN is $1.61 with a range of $0.98 to $2.58. The previous quarter’s EPS was $1.04. DVN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year DVN has Performed in-line its overall industry.
Next quarter’s earnings estimate for DVN is $1.61 with a range of $0.98 to $2.58. The previous quarter’s EPS was $1.04. DVN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year DVN has Performed in-line its overall industry.

DVN Sales Forecast

Next quarter’s sales forecast for DVN is $5.72B with a range of $3.65B to $7.92B. The previous quarter’s sales results were $4.51B. DVN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year DVN has Performed in-line its overall industry.
Next quarter’s sales forecast for DVN is $5.72B with a range of $3.65B to $7.92B. The previous quarter’s sales results were $4.51B. DVN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year DVN has Performed in-line its overall industry.

DVN Stock Forecast FAQ

What is DVN’s average 12-month price target, according to analysts?
Based on analyst ratings, Devon Energy’s 12-month average price target is 61.74.
    What is DVN’s upside potential, based on the analysts’ average price target?
    Devon Energy has 39.58% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is DVN a Buy, Sell or Hold?
          Devon Energy has a consensus rating of Strong Buy which is based on 17 buy ratings, 3 hold ratings and 0 sell ratings.
            What is Devon Energy’s price target?
            The average price target for Devon Energy is 61.74. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $72.00 ,the lowest forecast is $46.00. The average price target represents 39.58% Increase from the current price of $44.23.
              What do analysts say about Devon Energy?
              Devon Energy’s analyst rating consensus is a Strong Buy. This is based on the ratings of 20 Wall Streets Analysts.
                How can I buy shares of DVN?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.