Devon Energy Corporation (DVN) Stock Forecast
Data as of May 2, 2026Energy · Current price $50.61 (-1.44%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 19, 2026 | Nick Pope | Roth Capital | $50.00 | -1.2% |
| Feb 3, 2026 | Paul Cheng | Scotiabank | $45.00 | -11.1% |
| Feb 3, 2026 | Nitin Kumar | Mizuho Securities | $51.00 | +0.8% |
| Jan 26, 2026 | Charles Minervino | Susquehanna | $45.00 | -11.1% |
| Jan 23, 2026 | Devin McDermott | Morgan Stanley | $46.00 | -9.1% |
| Jan 15, 2026 | Paul Cheng | Scotiabank | $41.00 | -19.0% |
| Dec 12, 2025 | Nitin Kumar | Mizuho Securities | $43.00 | -15.0% |
| Dec 12, 2025 | Josh Silverstein | UBS | $46.00 | -9.1% |
| Aug 12, 2025 | Hanwen Chang | Wells Fargo | $43.00 | -15.0% |
| Mar 26, 2025 | Devin McDermott | Morgan Stanley | $47.00 | -7.1% |
| Oct 15, 2024 | Gabriele Sorbara | Williams Trading | $54.00 | +6.7% |
| Oct 10, 2024 | Paul Cheng | Scotiabank | $48.00 | -5.2% |
| Oct 2, 2024 | Betty Jiang | Barclays | $46.00 | -9.1% |
| Sep 30, 2024 | Neal Dingmann | Truist Financial | $49.00 | -3.2% |
| Sep 16, 2024 | Devin McDermott | Morgan Stanley | $51.00 | +0.8% |
| Aug 13, 2024 | Roger Read | Wells Fargo | $55.00 | +8.7% |
| Jul 12, 2024 | Paul Cheng | Scotiabank | $60.00 | +18.6% |
| Jun 17, 2024 | Bill Selesky | Argus Research | $71.00 | +40.3% |
| May 24, 2024 | Devin McDermott | Morgan Stanley | $52.00 | +2.7% |
| May 20, 2024 | Phillip Jungwirth | BMO Capital | $57.00 | +12.6% |
Top Analysts Covering DVN
DVN vs Sector & Market
| Metric | DVN | Energy Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.19 | 2.54 | 2.41 |
| Analyst Count | 32 | 10 | 18 |
| Target Upside | +6.3% | +33.6% | +14.9% |
| P/E Ratio | 12.14 | 30.87 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $18.60B | $22.36B | $24.43B | 7 |
| 2027-03-31 | $4.42B | $6.26B | $7.42B | 3 |
| 2027-06-30 | $4.28B | $6.07B | $7.19B | 2 |
| 2027-09-30 | $4.34B | $6.16B | $7.29B | 2 |
| 2027-12-31 | $4.44B | $6.29B | $7.45B | 3 |
| 2028-03-31 | $4.54B | $6.44B | $7.62B | 2 |
| 2028-06-30 | $4.43B | $6.28B | $7.44B | 1 |
| 2028-09-30 | $4.49B | $6.36B | $7.53B | 1 |
| 2028-12-31 | $4.54B | $6.44B | $7.63B | 2 |
| 2029-12-31 | $20.58B | $26.16B | $30.71B | 3 |
| 2030-12-31 | $20.49B | $26.05B | $30.58B | 3 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $2.33 | $5.21 | $8.93 | 14 |
| 2027-03-31 | $0.87 | $1.41 | $1.75 | 4 |
| 2027-06-30 | $0.74 | $1.20 | $1.49 | 4 |
| 2027-09-30 | $0.79 | $1.27 | $1.58 | 4 |
| 2027-12-31 | $0.85 | $1.38 | $1.71 | 4 |
| 2028-03-31 | $0.94 | $1.53 | $1.90 | 5 |
| 2028-06-30 | $0.87 | $1.42 | $1.75 | 5 |
| 2028-09-30 | $0.92 | $1.50 | $1.85 | 5 |
| 2028-12-31 | $0.98 | $1.59 | $1.97 | 5 |
| 2029-12-31 | $4.18 | $5.79 | $7.10 | 1 |
| 2030-12-31 | $4.10 | $5.68 | $6.96 | 1 |
Frequently Asked Questions
What is the analyst consensus for DVN?
The consensus among 32 analysts covering Devon Energy Corporation (DVN) is Buy with an average price target of $47.78.
What is the highest price target for DVN?
The highest price target for DVN is $103.00, set by Deal Dingmann at Truist Financial on 2022-06-09.
What is the lowest price target for DVN?
The lowest price target for DVN is $35.00, set by Stephen Richardson at Evercore ISI on 2021-08-04.
How many analysts cover DVN?
32 analysts have issued ratings for Devon Energy Corporation in the past 12 months.
Is DVN a buy or sell right now?
Based on 32 analyst ratings, DVN has a consensus rating of Buy (2.19/5) with a +6.3% upside to the consensus target of $47.78.
What are the earnings estimates for DVN?
Analysts estimate DVN will report EPS of $5.21 for the period ending 2026-12-31, with revenue estimated at $22.36B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.