DVN Logo

DVN Stock Forecast: Devon Energy Corporation Price Predictions for 2025

Home โ€บ Stocks โ€บ United States | NYSE | Energy | Oil & Gas E&P

$34.55

+0.76 (2.25%)

DVN Stock Forecast 2025-2026

$34.55
Current Price
$22.23B
Market Cap
31 Ratings
Buy 21
Hold 10
Sell 0
Wall St Analyst Ratings

Distance to DVN Price Targets

+91.0%
To High Target of $66.00
+39.3%
To Median Target of $48.12
+21.6%
To Low Target of $42.00

DVN Price Momentum

-0.5%
1 Week Change
-0.3%
1 Month Change
-27.4%
1 Year Change
+5.6%
Year-to-Date Change
-37.3%
From 52W High of $55.09
+13.7%
From 52W Low of $30.39

๐Ÿค” Considering Devon Energy (DVN)?

Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.

Latest DVN Stock Price Targets & Analyst Predictions

Based on our analysis of 37 Wall Street analysts, DVN has a bullish consensus with a median price target of $48.12 (ranging from $42.00 to $66.00). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $34.55, the median forecast implies a 39.3% upside. This outlook is supported by 21 Buy, 10 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Derrick Whitfield at Stifel, projecting a 91.0% upside. Conversely, the most conservative target is provided by Arun Jayaram at JP Morgan, suggesting a 21.6% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

DVN Analyst Ratings

21
Buy
10
Hold
0
Sell

DVN Price Target Range

Low
$42.00
Average
$48.12
High
$66.00
Current: $34.55

Latest DVN Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for DVN.

Date Firm Analyst Rating Change Price Target
Mar 13, 2025 JP Morgan Arun Jayaram Neutral Maintains $42.00
Mar 10, 2025 Raymond James John Freeman Outperform Maintains $46.00
Feb 24, 2025 Piper Sandler Mark Lear Overweight Maintains $55.00
Feb 20, 2025 Susquehanna Biju Perincheril Positive Maintains $52.00
Feb 20, 2025 Barclays Betty Jiang Equal-Weight Maintains $44.00
Feb 20, 2025 Truist Securities Neal Dingmann Hold Maintains $44.00
Feb 20, 2025 Benchmark Subash Chandra Buy Reiterates $44.00
Jan 29, 2025 Piper Sandler Mark Lear Overweight Maintains $54.00
Jan 23, 2025 Raymond James John Freeman Outperform Maintains $54.00
Jan 15, 2025 Bernstein Bob Brackett Outperform Upgrade $45.00
Jan 14, 2025 Benchmark Subash Chandra Buy Upgrade $44.00
Jan 13, 2025 Truist Securities Neal Dingmann Hold Maintains $42.00
Jan 10, 2025 RBC Capital Scott Hanold Sector Perform Reiterates $50.00
Jan 3, 2025 Wolfe Research Doug Leggate Outperform Upgrade $0.00
Dec 17, 2024 Wells Fargo Roger Read Overweight Maintains $43.00
Dec 17, 2024 Piper Sandler Mark Lear Overweight Maintains $53.00
Dec 16, 2024 Mizuho Nitin Kumar Outperform Maintains $47.00
Dec 4, 2024 JP Morgan Arun Jayaram Neutral Downgrade $0.00
Nov 26, 2024 Citigroup Scott Gruber Buy Maintains $48.00
Nov 18, 2024 Piper Sandler Mark Lear Overweight Maintains $57.00

Devon Energy Corporation (DVN) Competitors

The following stocks are similar to Devon Energy based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Devon Energy Corporation (DVN) Financial Data

Devon Energy Corporation has a market capitalization of $22.23B with a P/E ratio of 7.5x. The company generates $15.17B in trailing twelve-month revenue with a 19.1% profit margin.

Revenue growth is +17.6% quarter-over-quarter, while maintaining an operating margin of +22.4% and return on equity of +21.9%.

Valuation Metrics

Market Cap $22.23B
Enterprise Value $30.57B
P/E Ratio 7.5x
PEG Ratio 7.7x
Price/Sales 1.5x

Growth & Margins

Revenue Growth (YoY) +17.6%
Gross Margin +26.1%
Operating Margin +22.4%
Net Margin +19.1%
EPS Growth -44.5%

Financial Health

Cash/Price Ratio +3.6%
Current Ratio 1.0x
Debt/Equity 62.9x
ROE +21.9%
ROA +9.3%

๐Ÿ”ฅ Want More High-Potential Stock Ideas?

Join 5,000+ investors getting our research on stocks with massive upside potential.

Devon Energy Corporation logo

Devon Energy Corporation (DVN) Business Model

About Devon Energy Corporation

What They Do

Explores and produces oil and natural gas.

Business Model

Devon Energy generates revenue primarily through the exploration, development, and production of oil and natural gas resources. The company operates in key U.S. basins, leveraging its extensive reserves to supply energy to various sectors, including transportation and manufacturing.

Additional Information

Headquartered in Oklahoma City, Devon Energy emphasizes efficient and sustainable extraction practices. The company is committed to reducing its environmental impact while enhancing operational safety, positioning itself as a significant contributor to the U.S. energy supply chain.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

2,300

CEO

Mr. Clay M. Gaspar

Country

United States

IPO Year

1992

Devon Energy Corporation (DVN) Latest News & Analysis

DVN stock latest news image
Quick Summary

Zacks emphasizes its Rank system to identify stocks based on earnings estimates and revisions, while also monitoring value, growth, and momentum trends for investment selections.

Why It Matters

Zacks' emphasis on earnings estimates and revisions indicates potential stock performance, guiding investors towards strong value, growth, and momentum opportunities.

Source: Zacks Investment Research
Market Sentiment: Positive
DVN stock latest news image
Quick Summary

Vitesse Energy (VTS) holds minority stakes in Devon Energy-operated wells in the Williston Basin, highlighting a connection between the two oil companies.

Why It Matters

The relationship between Vitesse Energy and Devon Energy highlights potential synergies and risks, impacting investment decisions in the oil sector, especially in the Bakken Formation.

Source: The Motley Fool
Market Sentiment: Positive
DVN stock latest news image
Quick Summary

Analysts recommend six rising stocks as strong investment options amid concerns over President Trump's trade rhetoric affecting the S&P 500.

Why It Matters

Concerns over trade tensions can lead to market volatility, influencing investment strategies. Analysts suggest focusing on rising stocks as safer bets amid uncertainty.

Source: Investors Business Daily
Market Sentiment: Neutral
DVN stock latest news image
Quick Summary

Four discounted PEG stocks identified are TAP, BMRN, DVN, and JAZZ, meeting the specified screening criteria for potential investment.

Why It Matters

Discounted PEG stocks like TAP, BMRN, DVN, and JAZZ may offer growth potential at a lower price relative to earnings, attracting value-focused investors seeking opportunities.

Source: Zacks Investment Research
Market Sentiment: Positive
DVN stock latest news image
Quick Summary

Energy stocks are experiencing a sell-off, with potential for further declines. Analysts suggest that current high-yield energy stocks may present significant buying opportunities.

Why It Matters

Energy stock declines signal potential volatility in oil prices, affecting market sentiment. High-yield energy stocks may present attractive entry points amid ongoing uncertainty.

Source: Seeking Alpha
Market Sentiment: Negative
DVN stock latest news image
Quick Summary

Devon Energy Corp. (NYSE: DVN) announced that John Krenicki Jr. will retire from its board at the end of his term and will not seek re-election at the June 4, 2025, stockholders' meeting.

Why It Matters

Change in board leadership may affect Devon Energy's strategic direction, impacting investor confidence and stock performance. Krenicki's departure signals a shift that could influence company priorities.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About DVN Stock

What is Devon Energy Corporation's (DVN) stock forecast for 2025?

Based on our analysis of 37 Wall Street analysts, Devon Energy Corporation (DVN) has a median price target of $48.12. The highest price target is $66.00 and the lowest is $42.00.

Is DVN stock a good investment in 2025?

According to current analyst ratings, DVN has 21 Buy ratings, 10 Hold ratings, and 0 Sell ratings. The stock is currently trading at $34.55. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for DVN stock?

Wall Street analysts predict DVN stock could reach $48.12 in the next 12 months. This represents a 39.3% increase from the current price of $34.55. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Devon Energy Corporation's business model?

Devon Energy generates revenue primarily through the exploration, development, and production of oil and natural gas resources. The company operates in key U.S. basins, leveraging its extensive reserves to supply energy to various sectors, including transportation and manufacturing.

What is the highest forecasted price for DVN Devon Energy Corporation?

The highest price target for DVN is $66.00 from Derrick Whitfield at Stifel, which represents a 91.0% increase from the current price of $34.55.

What is the lowest forecasted price for DVN Devon Energy Corporation?

The lowest price target for DVN is $42.00 from Arun Jayaram at JP Morgan, which represents a 21.6% increase from the current price of $34.55.

What is the overall DVN consensus from analysts for Devon Energy Corporation?

The overall analyst consensus for DVN is bullish. Out of 37 Wall Street analysts, 21 rate it as Buy, 10 as Hold, and 0 as Sell, with a median price target of $48.12.

How accurate are DVN stock price projections?

Stock price projections, including those for Devon Energy Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: March 15, 2025 2:21 PM UTC