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DVN Stock Forecast: Devon Energy Corporation Price Predictions for 2026

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$44.23

-1.55 (-3.39%)

DVN Stock Forecast 2026-2027

$44.23
Current Price
$27.49B
Market Cap
27 Ratings
Buy 21
Hold 6
Sell 0
Wall St Analyst Ratings

Distance to DVN Price Targets

+56.0%
To High Target of $69.00
+34.5%
To Median Target of $59.50
-7.3%
To Low Target of $41.00

DVN Price Momentum

-7.4%
1 Week Change
-9.3%
1 Month Change
+45.9%
1 Year Change
+20.7%
Year-to-Date Change
-16.1%
From 52W High of $52.71
+52.2%
From 52W Low of $29.06
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Latest DVN Stock Price Targets & Analyst Predictions

Based on our analysis of 41 Wall Street analysts, DVN has a bullish consensus with a median price target of $59.50 (ranging from $41.00 to $69.00). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $44.23, the median forecast implies a 34.5% upside. This outlook is supported by 21 Buy, 6 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Neal Dingmann at Truist Securities, projecting a 56.0% upside. Conversely, the most conservative target is provided by Paul Cheng at Scotiabank, suggesting a 7.3% downside.

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
6
Hold
0
Sell

DVN Price Target Range

Low
$41.00
Average
$59.50
High
$69.00
Current: $44.23

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
Apr 14, 2026 UBS Josh Silverstein Buy Maintains $60.00
Mar 30, 2026 Citigroup Scott Gruber Buy Maintains $60.00
Mar 27, 2026 Morgan Stanley Devin McDermott Overweight Maintains $59.00
Mar 24, 2026 Truist Securities Gabe Daoud Buy Initiates $63.00
Mar 17, 2026 TD Cowen Robert Hodges Hold Maintains $50.00
Mar 17, 2026 Mizuho Nitin Kumar Outperform Maintains $62.00
Mar 16, 2026 Barclays Betty Jiang Overweight Maintains $54.00
Mar 12, 2026 Piper Sandler Mark Lear Overweight Maintains $67.00
Mar 5, 2026 UBS Josh Silverstein Buy Maintains $55.00
Mar 5, 2026 Piper Sandler Mark Lear Overweight Maintains $59.00
Feb 23, 2026 Scotiabank Paul Cheng Sector Perform Maintains $41.00
Feb 23, 2026 Barclays Betty Jiang Overweight Maintains $52.00
Feb 20, 2026 Susquehanna Biju Perincheril Positive Maintains $52.00
Feb 20, 2026 Wells Fargo Hanwen Chang Overweight Maintains $51.00
Feb 4, 2026 Barclays Betty Jiang Overweight Upgrade $50.00
Feb 3, 2026 Susquehanna Biju Perincheril Positive Maintains $47.00
Feb 3, 2026 Scotiabank Paul Cheng Sector Perform Maintains $45.00
Jan 27, 2026 Wells Fargo Hanwen Chang Overweight Maintains $43.00
Jan 26, 2026 Susquehanna Biju Perincheril Positive Maintains $45.00
Jan 23, 2026 Morgan Stanley Devin McDermott Overweight Maintains $46.00

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 $27.49B with a P/E ratio of 10.6x. The company generates $16.04B in trailing twelve-month revenue with a 16.5% profit margin.

Revenue growth is -12.1% quarter-over-quarter, while maintaining an operating margin of +22.7% and return on equity of +17.7%.

Valuation Metrics

Market Cap $27.49B
Enterprise Value $34.72B
P/E Ratio 10.6x
PEG Ratio -1.5x
Price/Sales 1.7x

Growth & Margins

Revenue Growth (YoY) -12.1%
Gross Margin +23.8%
Operating Margin +22.7%
Net Margin +16.5%
EPS Growth -12.1%

Financial Health

Cash/Price Ratio +5.0%
Current Ratio 1.0x
Debt/Equity 56.0x
ROE +17.7%
ROA +7.7%
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Devon Energy Corporation logo

Devon Energy Corporation (DVN) Business Model

About Devon Energy Corporation

What They Do

Engages in oil and gas exploration and production.

Business Model

The company generates revenue through the exploration and production of oil and natural gas, focusing on high-value shale plays in the U.S. Its primary output comes from the Permian Basin, supplemented by other key basins, contributing to a significant production volume of approximately 848,000 barrels of oil equivalent daily.

Additional Information

Founded in 1971 and headquartered in Oklahoma City, Devon Energy has net proved reserves of 2.2 billion barrels of oil equivalent and a market capitalization of about US$23.8 billion. The company employs around 2,300 people and operates in a competitive energy sector, emphasizing efficient resource development.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

2,200

CEO

Mr. Clay M. Gaspar

Country

United States

IPO Year

1992

Devon Energy Corporation (DVN) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Devon Energy (DVN) Stock Dips While Market Gains: Key Facts

The latest trading day saw Devon Energy (DVN) settling at $45.25, representing a -4.27% change from its previous close.

Apr 14, 2026 By Zacks Equity Research Tale of the Tape

Devon Energy (DVN) Stock Falls Amid Market Uptick: What Investors Need to Know

In the closing of the recent trading day, Devon Energy (DVN) stood at $47.91, denoting a -4.08% move from the preceding trading day.

Apr 08, 2026 By Zacks Equity Research Tale of the Tape

Latest News

DVN stock latest news image
Quick Summary

Devon Energy (DVN) closed at $45.25, down 4.27% from the previous trading day.

Why It Matters

Devon Energy's 4.27% decline signals potential volatility and may impact investor sentiment, influencing decisions on buying, selling, or holding the stock.

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

Zacks Style Scores help investors identify top-rated stocks aligned with their investing style, providing a useful tool for stock selection.

Why It Matters

Zacks Style Scores help identify high-potential stocks tailored to specific investment strategies, enhancing decision-making and portfolio performance.

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

Investors are considering dividend stocks to enhance portfolio stability and secure steady income amid ongoing market uncertainty.

Why It Matters

In uncertain markets, dividend stocks attract investors seeking reliable income, potentially increasing their demand and driving up stock prices.

Source: CNBC
Market Sentiment: Positive
DVN stock latest news image
Quick Summary

The Undercovered Dozen highlights 12 lesser-known stocks and funds with potential catalysts and valuation opportunities, including AAOI, OXLC, and DGRO, noting sector-specific trends.

Why It Matters

The Undercovered Dozen identifies undervalued stocks with strong growth potential, offering unique investment opportunities amid sector trends and catalysts, which could enhance portfolio performance.

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

Devon Energy Corp. (NYSE: DVN) will report its Q1 2026 results on May 5, after market close. Earnings release and presentation will be available on their website.

Why It Matters

Devon Energy's upcoming earnings report could influence stock performance and investor sentiment, reflecting operational success and market conditions in Q1 2026.

Source: GlobeNewsWire
Market Sentiment: Neutral
DVN stock latest news image
Quick Summary

Devon Energy (DVN) closed at $47.91, down 4.08% from the previous trading day.

Why It Matters

Devon Energy's 4.08% decline signals potential volatility, impacting investor sentiment and possibly indicating market concerns about its performance or sector trends.

Source: Zacks Investment Research
Market Sentiment: Negative

Frequently Asked Questions About DVN Stock

What is Devon Energy Corporation's (DVN) stock forecast for 2026?

Based on our analysis of 41 Wall Street analysts, Devon Energy Corporation (DVN) has a median price target of $59.50. The highest price target is $69.00 and the lowest is $41.00.

Is DVN stock a good investment in 2026?

According to current analyst ratings, DVN has 21 Buy ratings, 6 Hold ratings, and 0 Sell ratings. The stock is currently trading at $44.23. 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 $59.50 in the next 12 months. This represents a 34.5% increase from the current price of $44.23. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Devon Energy Corporation's business model?

The company generates revenue through the exploration and production of oil and natural gas, focusing on high-value shale plays in the U.S. Its primary output comes from the Permian Basin, supplemented by other key basins, contributing to a significant production volume of approximately 848,000 barrels of oil equivalent daily.

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

The highest price target for DVN is $69.00 from Neal Dingmann at Truist Securities, which represents a 56.0% increase from the current price of $44.23.

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

The lowest price target for DVN is $41.00 from Paul Cheng at Scotiabank, which represents a -7.3% decrease from the current price of $44.23.

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

The overall analyst consensus for DVN is bullish. Out of 41 Wall Street analysts, 21 rate it as Buy, 6 as Hold, and 0 as Sell, with a median price target of $59.50.

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: April 19, 2026 3:54 PM UTC
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