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

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DVN Stock Forecast

Devon Energy stock forecast is as follows: an average price target of $50.50 (represents a 56.98% upside from DVN’s last price of $32.17) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

DVN Price Target

The average price target for Devon Energy (DVN) is $50.50 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $55.00 to $46.00. This represents a potential 56.98% upside from DVN's last price of $32.17.

DVN Analyst Ratings

Buy

According to 19 Wall Street analysts, Devon Energy's rating consensus is 'Buy'. The analyst rating breakdown for DVN stock is 1 'Strong Buy' (5.26%), 14 'Buy' (73.68%), 4 'Hold' (21.05%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Devon Energy Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 15, 2024Gabriele SorbaraWilliams Trading$54.00$42.8725.96%67.86%
Oct 10, 2024Paul ChengScotiabank$48.00$41.9614.39%49.21%
Oct 02, 2024Betty JiangBarclays$46.00$39.7615.69%42.99%
Sep 30, 2024Neal DingmannTruist Financial$49.00$38.9625.77%52.32%
Sep 16, 2024Devin McDermottMorgan Stanley$51.00$39.4529.28%58.53%
Aug 13, 2024Roger ReadWells Fargo$55.00$44.6423.21%70.97%
Jul 12, 2024Paul ChengScotiabank$60.00$46.4229.25%86.51%
Jun 17, 2024Bill SeleskyArgus Research$71.00$45.6155.67%120.70%
May 24, 2024Devin McDermottMorgan Stanley$52.00$48.427.38%61.64%
May 20, 2024Phillip JungwirthBMO Capital$57.00$49.6214.87%77.18%
May 14, 2024Mark LearPiper Sandler$61.00$49.9022.24%89.62%
May 09, 2024Scott HanoldRBC Capital$57.00$50.5612.74%77.18%
Apr 19, 2024Mark LearPiper Sandler$60.00$51.4316.66%86.51%
Apr 11, 2024Paul ChengScotiabank$67.00$54.5122.91%108.27%
Apr 10, 2024Josh SilversteinUBS$57.00$53.606.34%77.18%
Apr 01, 2024Roger ReadWells Fargo$59.00$50.1817.58%83.40%
Mar 22, 2024Derrick WhitfieldStifel Nicolaus$65.00$48.3734.38%102.05%
Jul 13, 2023Scott HanoldRBC Capital$60.00$50.8917.90%86.51%
Jan 13, 2023Piper Sandler$96.00$64.0349.93%198.41%
Dec 07, 2022Barclays$86.00$64.1334.10%167.33%
Nov 17, 2022Argus Research$90.00$69.7529.04%179.76%
Nov 14, 2022John FreemanRaymond James$90.00$72.7323.74%179.76%
Sep 21, 2022Citigroup$77.00$65.1218.24%139.35%
Aug 29, 2022Morgan Stanley$69.00$75.11-8.13%114.49%
Aug 18, 2022Mizuho Securities$91.00$66.7036.43%182.87%
Jul 26, 2022Raymond James$80.00$57.9738.00%148.68%
Jul 19, 2022Truist Financial$115.00$55.42107.51%257.48%
Jul 19, 2022Morgan Stanley$67.00$55.4520.82%108.27%
Jul 19, 2022Mizuho Securities$88.00$55.5158.53%173.55%
Jul 05, 2022Goldman Sachs$61.00$53.0914.89%89.62%
Jul 03, 2022Mark LearPiper Sandler$97.00$55.1176.01%201.52%
Jun 23, 2022Jeanine WaiBarclays$90.00$57.5556.39%179.76%
Jun 10, 2022John FreemanRaymond James$102.00$74.1437.58%217.07%
Jun 10, 2022William JanelaCredit Suisse$82.00$74.1410.60%154.90%
Jun 10, 2022Mark LearPiper Sandler$94.00$74.1426.79%192.20%
Jun 10, 2022Derrick WhitfieldStifel Nicolaus$93.00$74.1425.44%189.09%
Jun 10, 2022Vincent LovaglioMizuho Securities$94.00$77.8520.75%192.20%
Jun 09, 2022Deal DingmannTruist Financial$103.00$78.0931.90%220.17%
Jun 01, 2022Vincent LovaglioMizuho Securities$92.00$74.9022.83%185.98%
May 05, 2022Deal DingmannTruist Financial$100.00$66.7549.81%210.85%
May 03, 2022Credit Suisse$75.00$58.3528.53%133.14%
Apr 25, 2022Raymond James$85.00$58.0746.38%164.22%
Apr 22, 2022Morgan Stanley$68.00$60.7112.01%111.38%
Mar 28, 2022Jeanine WaiBarclays$73.00$60.4520.76%126.92%
Feb 22, 2022John FreemanRaymond James$70.00$52.6732.90%117.59%
Feb 17, 2022John GerdesMKM Partners$56.00$54.343.05%74.08%
Feb 16, 2022Neal DingmannTruist Financial$70.00$52.9632.18%117.59%
Feb 16, 2022Gabriele SorbaraSiebert Williams Shank & Co$65.00$52.9622.73%102.05%
Feb 16, 2022William JanelaCredit Suisse$60.00$52.9613.29%86.51%
Feb 02, 2022Biju PerincherilSusquehanna$62.00$52.3618.41%92.73%
Jan 25, 2022Devin McDermottMorgan Stanley$54.00$50.417.12%67.86%
Jan 21, 2022Neil MehtaGoldman Sachs$52.00$45.3614.64%61.64%
Jan 20, 2022Scott GruberCitigroup$57.00$47.8319.17%77.18%
Jan 17, 2022Jeanine WaiBarclays$51.00$50.391.21%58.53%
Jan 10, 2022Doug LeggateBank of America Securities$57.00$47.7019.50%77.18%
Dec 14, 2021Josh SilversteinWolfe Research$53.00$39.6733.60%64.75%
Nov 17, 2021Lloyd ByrneUBS$59.00$40.8144.57%83.40%
Nov 09, 2021Bill SeleskyArgus Research$53.00$42.4524.85%64.75%
Oct 13, 2021David DeckelbaumCowen & Co.$35.00$37.63-6.99%8.80%
Aug 26, 2021Phillip JungwirthBMO Capital$40.00$27.5944.98%24.34%
Aug 04, 2021Stephen RichardsonEvercore ISI$35.00$23.9945.89%8.80%
Jun 21, 2021Bob BrackettBernstein$37.00$27.1336.38%15.01%

The latest Devon Energy stock forecast, released on Oct 15, 2024 by Gabriele Sorbara from Williams Trading, set a price target of $54.00, which represents a 25.96% increase from the stock price at the time of the forecast ($42.87), and a 67.86% increase from DVN last price ($32.17).

Devon Energy Price Target by Period

1M3M12M
# Anlaysts-417
Avg Price Target-$49.25$57.00
Last Closing Price$32.17$32.17$32.17
Upside/Downside-100.00%53.09%77.18%

In the current month, the average price target of Devon Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Devon Energy's last price of $32.17. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 18, 2024Wells FargoSector OutperformSector OutperformHold
Oct 18, 2024SusquehannaPositivePositiveHold
Oct 10, 2024ScotiabankOutperformOutperformHold
Oct 02, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 30, 2024Wells FargoSector PerformSector PerformHold
Sep 30, 2024UBSUnderperformUnderperformHold
Sep 16, 2024Morgan StanleyOverweightOverweightHold
Sep 03, 2024Wells FargoSector PerformSector PerformHold
Sep 03, 2024RBC CapitalSector PerformSector PerformHold
Aug 16, 2024ScotiabankSector OutperformSector OutperformHold
Aug 14, 2024SusquehannaUnderperformUnderperformHold
Aug 14, 2024Wells FargoMarket PerformMarket PerformHold
Aug 13, 2024Wells FargoOverweightOverweightHold
Aug 01, 2024Zacks Investment ResearchPositivePositiveHold
Jul 17, 2024Wolfe ResearchPeer PerformInitialise
Jul 12, 2024ScotiabankOutperformOutperformHold
Jul 09, 2024Truist FinancialSector PerformSector PerformHold
Jul 09, 2024SusquehannaUnderperformUnderperformHold
Jul 09, 2024Morgan StanleyOverweightOverweightHold
May 24, 2024Morgan StanleyOverweightOverweightHold
May 20, 2024BMO CapitalOutperformOutperformHold
May 14, 2024Piper SandlerOverweightOverweightHold
May 09, 2024RBC CapitalSector PerformSector PerformHold
May 02, 2024UBSUnderperformUnderperformHold
Apr 19, 2024Piper SandlerOverweightOverweightHold
Apr 17, 2024Wells FargoOverweightOverweightHold
Apr 15, 2024Wells FargoSector OutperformSector OutperformHold
Apr 01, 2024Wells FargoOverweightUpgrade
Mar 28, 2024RBC CapitalUnderperformUnderperformHold
Mar 28, 2024Stifel NicolausSector PerformSector PerformHold
Mar 28, 2024Morgan StanleyOverweightOverweightHold
Mar 07, 2024UBSSector PerformSector PerformHold
Dec 11, 2023Morgan StanleyEqual-WeightOverweightUpgrade
Jul 13, 2023RBC CapitalSector PerformSector PerformHold
Jun 13, 2023Goldman SachsNeutralBuyUpgrade
Jun 06, 2023B. Riley SecuritiesBuyBuyHold
May 18, 2023Piper SandlerOverweightOverweightHold
May 10, 2023CFRABuyUpgrade
May 05, 2023JefferiesBuyBuyHold
Jan 13, 2023Piper SandlerOverweightOverweightHold
Dec 07, 2022BarclaysEqual-WeightEqual-WeightHold
Nov 17, 2022Argus ResearchBuyBuyHold
Nov 14, 2022Raymond JamesStrong BuyStrong BuyHold
Sep 21, 2022CitigroupBuyBuyHold
Aug 29, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 17, 2022Raymond JamesStrong BuyStrong BuyHold
Aug 01, 2022Piper SandlerOverweightOverweightHold
Jul 26, 2022Raymond JamesStrong BuyStrong BuyHold
Jul 19, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 05, 2022Goldman SachsNeutralNeutralHold
Jul 03, 2022Piper SandlerOverweightOverweightHold
Jun 14, 2022BarclaysEqual-WeightEqual-WeightHold
Jun 09, 2022Raymond JamesStrong BuyStrong BuyHold
Jun 09, 2022Credit SuisseOutperformOutperformHold
Jun 09, 2022Piper SandlerOverweightOverweightHold
Jun 01, 2022Mizuho SecuritiesBuyBuyHold
Mar 28, 2022BarclaysOverweightOverweightHold
Feb 23, 2022Piper SandlerOverweightOverweightHold
Feb 22, 2022Raymond JamesStrong BuyStrong BuyHold
Feb 16, 2022Credit SuisseOutperformOutperformHold
Jan 25, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jan 17, 2022BarclaysOverweightOverweightHold
Apr 07, 2021BarclaysOutperformOutperformHold

Devon Energy's last stock rating was published by Wells Fargo on Oct 18, 2024. The company gave DVN a "Sector Outperform" rating, the same as its previous rate.

Devon Energy Financial Forecast

Devon Energy Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$3.84M$3.45M$3.82B$4.30B$5.43B$5.63B$3.81B$4.27B$3.47B$2.42B$1.76B$1.28B$1.07B$394.00M$2.09B$1.22B$1.85B
Avg Forecast$4.38B$4.34B$4.28B$4.24B$4.34B$3.40B$4.18B$4.14B$4.16B$3.72B$3.90B$3.64B$3.88B$3.96B$3.16B$3.26B$3.84B$4.15B$4.15B$4.05B$3.72B$3.23B$2.36B$2.05B$1.22B$1.06B$1.09B$1.13B$1.54B$1.39B
High Forecast$4.49B$4.45B$4.39B$4.35B$4.45B$3.48B$4.28B$4.24B$4.26B$3.81B$3.90B$3.64B$3.94B$3.96B$3.24B$3.34B$3.93B$4.15B$4.15B$4.05B$3.72B$3.23B$2.36B$2.05B$1.22B$1.06B$1.09B$1.13B$1.54B$1.39B
Low Forecast$4.24B$4.20B$4.15B$4.11B$4.20B$3.29B$4.05B$4.06B$4.06B$3.63B$3.90B$3.64B$3.83B$3.95B$3.06B$3.16B$3.72B$4.15B$4.15B$4.05B$3.72B$3.23B$2.36B$2.05B$1.22B$1.06B$1.09B$1.13B$1.54B$1.39B
# Analysts222211144233633344443333545443
Surprise %-------------0.00%0.00%1.17%1.12%1.31%1.35%0.94%1.15%1.07%1.02%0.86%1.05%1.01%0.36%1.84%0.80%1.33%

Devon Energy's average Quarter revenue forecast for Dec 23 based on 6 analysts is $3.88B, with a low forecast of $3.83B, and a high forecast of $3.94B. DVN's average Quarter revenue forecast represents a 100955.58% increase compared to the company's last Quarter revenue of $3.84M (Sep 23).

Devon Energy EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144233633344443333545443
EBITDA-------------$1.71M$1.53M$1.93B$2.23B$3.12B$3.10B$1.84B$2.33B$1.63B$933.00M$537.00M$221.00M$183.00M$-309.00M$-2.17B$-623.00M$229.00M
Avg Forecast$1.29B$1.28B$1.26B$1.25B$1.28B$1.00B$1.23B$1.22B$1.22B$1.10B$1.15B$2.06B$1.14B$1.16B$930.42M$1.87B$2.18B$1.66B$1.66B$1.70B$1.49B$1.29B$942.57M$341.73M$487.53M$421.93M$437.29M$-5.06B$613.45M$555.79M
High Forecast$1.32B$1.31B$1.29B$1.28B$1.31B$1.02B$1.26B$1.25B$1.25B$1.12B$1.15B$2.47B$1.16B$1.17B$953.22M$2.24B$2.61B$1.66B$1.66B$2.04B$1.49B$1.29B$942.57M$410.07M$487.53M$421.93M$437.29M$-4.04B$613.45M$555.79M
Low Forecast$1.25B$1.24B$1.22B$1.21B$1.24B$968.83M$1.19B$1.20B$1.19B$1.07B$1.15B$1.65B$1.13B$1.16B$901.14M$1.50B$1.74B$1.66B$1.66B$1.36B$1.49B$1.29B$942.57M$273.38M$487.53M$421.93M$437.29M$-6.07B$613.45M$555.79M
Surprise %-------------0.00%0.00%1.03%1.02%1.88%1.87%1.08%1.56%1.26%0.99%1.57%0.45%0.43%-0.71%0.43%-1.02%0.41%

6 analysts predict DVN's average Quarter EBITDA for Dec 23 to be $1.14B, with a high of $1.16B and a low of $1.13B. This is 66478.79% upper than Devon Energy's previous annual EBITDA (Sep 23) of $1.71M.

Devon Energy Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144233633344443333545443
Net Income-------------$910.00K$690.00K$995.00M$1.20B$1.89B$1.93B$989.00M$1.51B$838.00M$256.00M$213.00M$-102.00M$-92.00M$-670.00M$-1.82B$-642.00M$109.00M
Avg Forecast$853.70M$832.20M$800.60M$818.00M$721.86M$689.14M$660.75M$668.63M$614.22M$677.86M$787.45M$1.11B$859.45M$975.42M$732.39M$1.01B$1.41B$1.33B$1.45B$915.53M$775.78M$583.05M$327.21M$135.55M$21.32M$-56.20M$-174.34M$-4.23B$203.75M$102.03M
High Forecast$880.90M$858.71M$826.10M$844.05M$744.86M$711.09M$681.80M$791.32M$812.57M$699.45M$811.94M$1.33B$908.91M$979.99M$737.59M$1.21B$1.69B$1.33B$1.45B$1.10B$775.78M$583.05M$327.21M$162.65M$21.32M$-56.20M$-174.34M$-3.39B$203.75M$102.03M
Low Forecast$818.77M$798.15M$767.85M$784.53M$692.33M$660.94M$633.72M$496.87M$537.44M$650.12M$762.96M$886.23M$834.71M$970.85M$727.18M$805.67M$1.13B$1.33B$1.45B$732.43M$775.78M$583.05M$327.21M$108.44M$21.32M$-56.20M$-174.34M$-5.08B$203.75M$102.03M
Surprise %-------------0.00%0.00%0.99%0.85%1.42%1.33%1.08%1.95%1.44%0.78%1.57%-4.78%1.64%3.84%0.43%-3.15%1.07%

Devon Energy's average Quarter net income forecast for Dec 23 is $859.45M, with a range of $834.71M to $908.91M. DVN's average Quarter net income forecast represents a 94344.75% increase compared to the company's last Quarter net income of $910.00K (Sep 23).

Devon Energy SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144233633344443333545443
SG&A-------------$1.25M$1.13M$106.00M$122.00M$95.00M$84.00M$94.00M$95.00M$95.00M$94.00M$630.00M$82.00M$75.00M$79.00M$680.00M$784.00M$791.00M
Avg Forecast$197.94M$196.17M$193.44M$191.78M$196.17M$153.66M$188.87M$187.23M$187.94M$168.22M$176.27M$105.29M$175.19M$178.92M$142.92M$95.72M$88.95M$187.77M$187.65M$87.02M$168.23M$145.85M$106.61M$400.91M$55.14M$47.72M$49.46M$51.12M$69.38M$62.86M
High Forecast$202.79M$200.98M$198.18M$196.48M$200.98M$157.42M$193.50M$191.76M$192.42M$172.40M$176.27M$126.35M$177.90M$179.18M$146.42M$114.86M$106.75M$187.77M$187.65M$104.42M$168.23M$145.85M$106.61M$481.09M$55.14M$47.72M$49.46M$51.12M$69.38M$62.86M
Low Forecast$191.71M$189.99M$187.35M$185.74M$189.99M$148.82M$182.92M$183.60M$183.47M$164.04M$176.27M$84.23M$172.93M$178.66M$138.42M$76.58M$71.16M$187.77M$187.65M$69.61M$168.23M$145.85M$106.61M$320.73M$55.14M$47.72M$49.46M$51.12M$69.38M$62.86M
Surprise %-------------0.01%0.01%1.11%1.37%0.51%0.45%1.08%0.56%0.65%0.88%1.57%1.49%1.57%1.60%13.30%11.30%12.58%

Devon Energy's average Quarter SG&A projection for Dec 23 is $175.19M, based on 6 Wall Street analysts, with a range of $172.93M to $177.90M. The forecast indicates a 13948.81% rise compared to DVN last annual SG&A of $1.25M (Sep 23).

Devon Energy EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144233633344443333545443
EPS-------------$1.43$1.08$1.53$1.84$2.89$2.94$1.48$2.25$1.24$0.38$0.33$-0.27$-0.25$-1.78$-4.82$-1.70$0.27
Avg Forecast$1.37$1.34$1.29$1.31$1.16$1.11$1.06$1.07$0.99$1.09$1.26$1.12$1.38$1.57$1.18$1.38$1.75$2.12$2.31$1.75$1.24$0.93$0.52$0.33$0.03$-0.09$-0.28$-0.24$0.32$0.16
High Forecast$1.41$1.38$1.33$1.35$1.20$1.14$1.09$1.27$1.30$1.12$1.30$1.12$1.46$1.57$1.18$1.41$1.81$2.12$2.31$1.75$1.24$0.93$0.52$0.33$0.03$-0.09$-0.28$-0.24$0.32$0.16
Low Forecast$1.31$1.28$1.23$1.26$1.11$1.06$1.02$0.80$0.86$1.04$1.22$1.12$1.34$1.56$1.17$1.36$1.68$2.12$2.31$1.75$1.24$0.93$0.52$0.33$0.03$-0.09$-0.28$-0.24$0.32$0.16
Surprise %-------------0.91%0.92%1.10%1.05%1.36%1.27%0.85%1.82%1.34%0.73%1.00%-7.95%2.79%6.41%20.05%-5.24%1.66%

According to 6 Wall Street analysts, Devon Energy's projected average Quarter EPS for Dec 23 is $1.38, with a low estimate of $1.34 and a high estimate of $1.46. This represents a -3.53% decrease compared to DVN previous annual EPS of $1.43 (Sep 23).

Devon Energy Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DVNDevon Energy$32.17$50.5056.98%Buy
COPConocoPhillips$98.26$142.0044.51%Buy
PRPermian Resources$13.97$20.0043.16%Buy
FANGDiamondback Energy$160.14$221.8238.52%Buy
CTRACoterra Energy$24.52$32.5032.54%Buy
EOGEOG Resources$123.15$147.0019.37%Buy
EQTEQT$44.20$43.75-1.02%Buy

DVN Forecast FAQ

Is Devon Energy a good buy?

Yes, according to 19 Wall Street analysts, Devon Energy (DVN) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 14 'Buy' recommendations, accounting for 78.95% of DVN's total ratings.

What is DVN's price target?

Devon Energy (DVN) average price target is $50.5 with a range of $46 to $55, implying a 56.98% from its last price of $32.17. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Devon Energy stock go up soon?

According to Wall Street analysts' prediction for DVN stock, the company can go up by 56.98% (from the last price of $32.17 to the average price target of $50.5), up by 70.97% based on the highest stock price target, and up by 42.99% based on the lowest stock price target.

Can Devon Energy stock reach $50?

DVN's average twelve months analyst stock price target of $50.5 supports the claim that Devon Energy can reach $50 in the near future.

What are Devon Energy's analysts' financial forecasts?

Devon Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $16.06B (high $16.46B, low $15.61B), average EBITDA is $4.73B (high $4.84B, low $4.59B), average net income is $2.74B (high $2.93B, low $2.48B), average SG&A $725.92M (high $743.65M, low $705.34M), and average EPS is $4.4 (high $4.7, low $3.99). DVN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $17.24B (high $17.67B, low $16.7B), average EBITDA is $5.07B (high $5.2B, low $4.91B), average net income is $3.3B (high $3.41B, low $3.17B), average SG&A $779.33M (high $798.42M, low $754.8M), and average EPS is $5.3 (high $5.47, low $5.09).

Did the DVN's actual financial results beat the analysts' financial forecasts?

Based on Devon Energy's last annual report (Dec 2023), the company's revenue was $15.26B, beating the average analysts forecast of $14.26B by 6.98%. Apple's EBITDA was $7.14B, beating the average prediction of $5.11B by 39.87%. The company's net income was $3.75B, beating the average estimation of $3.57B by 4.83%. Apple's SG&A was $4.76B, beating the average forecast of $592.75M by 702.53%. Lastly, the company's EPS was $5.86, beating the average prediction of $5.51 by 6.44%. In terms of the last quarterly report (Sep 2023), Devon Energy's revenue was $3.84M, missing the average analysts' forecast of $3.96B by -99.90%. The company's EBITDA was $1.71M, missing the average prediction of $1.16B by -99.85%. Devon Energy's net income was $910K, missing the average estimation of $975.42M by -99.91%. The company's SG&A was $1.25M, missing the average forecast of $178.92M by -99.30%. Lastly, the company's EPS was $1.43, missing the average prediction of $1.57 by -8.67%