​

Devon Energy (DVN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

DVN Stock Forecast

Devon Energy (DVN) stock forecast, based on 53 Wall Street analysts, predicts a 12-month average price target of $48.50, with a high of $50.00 and a low of $47.00. This represents a 70.00% increase from the last price of $28.53.

$25 $31 $37 $43 $49 $55 High: $50 Avg: $48.5 Low: $47 Last Closed Price: $28.53

DVN Stock Rating

Devon Energy stock's rating consensus is Buy, based on 53 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 36 Buy (67.92%), 17 Hold (32.08%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 53 0 17 36 Strong Sell Sell Hold Buy Strong Buy

DVN Price Target Upside V Benchmarks

TypeNameUpside
StockDevon Energy70.00%
SectorEnergy Stocks 43.04%
IndustryOil & Gas Exploration & Production Stocks52.40%

Price Target Trends

1M3M12M
# Anlaysts1215
Avg Price Target$47.00$48.50$54.53
Last Closing Price$28.53$28.53$28.53
Upside/Downside64.74%70.00%91.13%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 258129--29
Mar, 2581310--31
Feb, 2581310--31
Jan, 2581312--33
Dec, 24101112--33
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 26, 2025Devin McDermottMorgan Stanley$47.00$37.6624.80%64.74%
Mar 05, 2025Williams Trading$50.00$33.6648.54%75.25%
Oct 15, 2024Gabriele SorbaraWilliams Trading$54.00$42.8725.96%89.27%
Oct 10, 2024Paul ChengScotiabank$48.00$41.9614.39%68.24%
Oct 02, 2024Betty JiangBarclays$46.00$39.7615.69%61.23%
Sep 30, 2024Neal DingmannTruist Financial$49.00$38.9625.77%71.75%
Sep 16, 2024Devin McDermottMorgan Stanley$51.00$39.4529.28%78.76%
Aug 13, 2024Roger ReadWells Fargo$55.00$44.6423.21%92.78%
Jul 12, 2024Paul ChengScotiabank$60.00$46.4229.25%110.30%
Jun 17, 2024Bill SeleskyArgus Research$71.00$45.6155.67%148.86%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 26, 2025Morgan StanleyOverweightOverweighthold
Mar 05, 2025CitigroupBuyReducedowngrade
Jan 22, 2025Morgan StanleyOverweightOverweighthold
Jan 14, 2025BenchmarkBuyupgrade
Jan 02, 2025Wolfe ResearchPeer PerformOutperformupgrade
Oct 18, 2024Wells FargoSector OutperformSector Outperformhold
Oct 18, 2024SusquehannaPositivePositivehold
Oct 10, 2024ScotiabankOutperformOutperformhold
Oct 02, 2024BarclaysEqual-WeightEqual-Weighthold
Sep 30, 2024Wells FargoSector PerformSector Performhold

Financial Forecast

EPS Forecast

$-10 $-6 $-2 $2 $6 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-6.75$4.20$9.15$5.86$4.58----
Avg Forecast$-0.06$3.39$8.55$5.66$4.71$4.76$5.07$5.48$4.63
High Forecast$-0.06$3.53$8.78$5.71$4.80$6.39$7.60$5.57$4.85
Low Forecast$-0.06$3.23$8.29$5.62$4.62$3.84$3.24$5.39$4.40
Surprise %11150.00%23.89%7.02%3.53%-2.76%----

Revenue Forecast

$0 $4B $8B $12B $16B $20B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.83B$12.21B$19.17B$15.14B$15.94B----
Avg Forecast$4.66B$12.01B$19.35B$14.89B$15.53B$16.92B$17.26B$17.36B$16.17B
High Forecast$4.81B$12.40B$19.76B$15.07B$15.61B$17.63B$17.48B$17.97B$16.74B
Low Forecast$4.49B$11.58B$18.91B$14.76B$15.42B$16.44B$17.04B$16.68B$15.54B
Surprise %3.65%1.65%-0.96%1.68%2.62%----

Net Income Forecast

$-10B $-6B $-2B $2B $6B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-2.54B$2.81B$6.01B$3.75B$2.89B----
Avg Forecast$-6.25B$2.33B$4.96B$3.75B$3.02B$2.96B$3.13B$3.52B$2.97B
High Forecast$-5.00B$2.80B$5.96B$4.50B$3.08B$4.10B$4.88B$3.57B$3.11B
Low Forecast$-7.50B$1.87B$3.97B$3.00B$2.96B$2.46B$2.08B$3.46B$2.82B
Surprise %-59.33%20.63%21.20%--4.34%----

DVN Forecast FAQ

Is Devon Energy stock a buy?

Devon Energy stock has a consensus rating of Buy, based on 53 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 36 Buy, 17 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Devon Energy is a favorable investment for most analysts.

What is Devon Energy's price target?

Devon Energy's price target, set by 53 Wall Street analysts, averages $48.5 over the next 12 months. The price target range spans from $47 at the low end to $50 at the high end, suggesting a potential 70.00% change from the previous closing price of $28.53.

How does Devon Energy stock forecast compare to its benchmarks?

Devon Energy's stock forecast shows a 70.00% upside, outperforming the average forecast for the energy stocks sector (43.04%) and outperforming the oil & gas exploration & production stocks industry (52.40%).

What is the breakdown of analyst ratings for Devon Energy over the past three months?

  • April 2025: 27.59% Strong Buy, 41.38% Buy, 31.03% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 25.81% Strong Buy, 41.94% Buy, 32.26% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 25.81% Strong Buy, 41.94% Buy, 32.26% Hold, 0% Sell, 0% Strong Sell.

What is Devon Energy’s EPS forecast?

Devon Energy's average annual EPS forecast for its fiscal year ending in December 2025 is $4.76, marking a 3.93% increase from the reported $4.58 in 2024. Estimates for the following years are $5.07 in 2026, $5.48 in 2027, and $4.63 in 2028.

What is Devon Energy’s revenue forecast?

Devon Energy's average annual revenue forecast for its fiscal year ending in December 2025 is $16.92B, reflecting a 6.16% increase from the reported $15.94B in 2024. The forecast for 2026 is $17.26B, followed by $17.36B for 2027, and $16.17B for 2028.

What is Devon Energy’s net income forecast?

Devon Energy's net income forecast for the fiscal year ending in December 2025 stands at $2.96B, representing an 2.40% increase from the reported $2.89B in 2024. Projections indicate $3.13B in 2026, $3.52B in 2027, and $2.97B in 2028.