DVNDVNEnergy · Oil & Gas E&P

DVN Stock Forecast: Devon Energy Corp. Price Predictions for 2026-2027

Last close, 11 Sept 2026
$50
+0.42% on the day

The 29 Wall Street analysts covering Devon Energy Corp. hold a median 12-month price target of $61 — +20.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 40 of 100 as at 11 Sept 2026 — in the lower half.

Market cap
$55.3B
Ticker Nerd rank
40 / 100
Median analyst target
$61
Analysts covering
29
Revenue$7.4B+73.1% y/y
Operating income$2.5B
Net income$1.9B
Free cash flow−$373.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+3.0%
1M
+10.6%
YTD
+38.8%
1Y
+46.0%
From 52W high
−2.9%
From 52W low
+61.2%
$31
$52
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

DVN stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Devon Energy Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 11 Sept 2026
40 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
88
Momentum
78
Growth
69
Quality
57
Accruals
50
Revisions
49
Value
43
Issuance
12
Size
5

Volatility (88): The share price has been relatively steady.

Issuance (12): The company has been issuing shares or taking on financing, diluting existing holders.

Size (5): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

DVN stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on DVN, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$30$40$50$60$70Oct 25Jan 26Apr 26Jul 26DVNHigh $68Median $61Low $44

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says29 analysts
26 Buy3 Hold0 Sell
Low $44Median $61High $68

The green dot is the last close — the median target sits +20.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 5 moved it down.

DateFirmActionRatingTarget
10 Sept 2026StifelReinstatesBuy$61
3 Sept 2026Seaport GlobalInitiatesBuy$65
31 Aug 2026CitigroupMaintainsBuy$65$67
31 Aug 2026CitigroupMaintainsBuy
17 Aug 2026Argus ResearchReiteratesBuy$46
17 Aug 2026Argus ResearchReiteratesBuy
17 Aug 2026BarclaysMaintainsOverweight
17 Aug 2026BarclaysMaintainsOverweight$62$58
13 Aug 2026Wells FargoMaintainsOverweight
13 Aug 2026Wells FargoMaintainsOverweight$68$65
6 Aug 2026Truist SecuritiesMaintainsBuy
6 Aug 2026Truist SecuritiesMaintainsBuy$61$65
21 July 2026SusquehannaMaintainsPositive$57$63
21 July 2026SusquehannaMaintainsPositive
16 July 2026Raymond JamesMaintainsStrong Buy$66$64
16 July 2026Raymond JamesMaintainsStrong Buy
15 July 2026UBSMaintainsBuy
15 July 2026UBSMaintainsBuy$58$54
9 July 2026Truist SecuritiesMaintainsBuy
9 July 2026Truist SecuritiesMaintainsBuy$66$61

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. DVN appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

DVN vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Sept 2026, Devon Energy Corp. returned +46.0% against +17.5% for the S&P 500, dividends included.

DVN vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140150Oct 25Jan 26Apr 26Jul 26DVNS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

DVN analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−1.2%
Analysts raising
12
Analysts cutting
4
Fundamentals

Devon Energy Corp. (DVN) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
10.9×

Cheaper than 57% of US stocks

Price / sales
2.9×

Cheaper than 42% of US stocks

Price / book
1.4×

Cheaper than 60% of US stocks

EV / EBITDA
7.4×

Cheaper than 48% of US stocks

Growth & margins
Revenue growth (YoY)
64.2%

Higher than 89% of US stocks

Earnings growth (YoY)
112.6%

Higher than 85% of US stocks

Gross margin
36.9%

Higher than 45% of US stocks

Operating margin
41.1%

Higher than 92% of US stocks

Net margin
17.5%

Higher than 80% of US stocks

Returns & dividend
Return on equity
11.5%

Higher than 67% of US stocks

Return on assets
5.9%

Higher than 81% of US stocks

Dividend yield
2.5%

Higher than 56% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Devon Energy Corp. (DVN) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Devon Energy Corp. has a market value of $55.3B and an enterprise value of $66.2B.

  • Revenue in the twelve months to 30 June 2026: $19.7B. The latest quarter grew 64.2% year on year.

  • Net income over the same four quarters: $3.3B, a 16.7% net margin.

  • Diluted earnings per share, trailing twelve months: $4.21.

  • Free cash flow in the twelve months to 30 June 2026: $1.5B, after $3.9B of capital spending.

  • Devon Energy Corp. spent $766.0M on share buybacks and $821.0M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 1.1B.

  • Trailing P/E: 10.9×; forward P/E: 9.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.55%, paying out 23% of earnings.

  • Devon Energy Corp. employs 2,200 people $8.9M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 13 Sept 2026

Data provided by Twelve Data

Peers

DVN vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas E&P
CompanyMarket capTKN rank
DVNDevon Energy Corp.$55.3B
40
FANGDiamondback Energy, Inc.$57.4B
67
OXYOccidental Petroleum Corp.$60.6B
74
EOGEOG Resources, Inc.$80.0B
76
EQTEQT Corp.$33.8B
52
TPLTexas Pacific Land Corp.$25.4B
60
EXEExpand Energy Corp.$22.6B
86

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Devon Energy Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest DVN news & analysis

Devon Energy (DVN) Ascends While Market Falls: Some Facts to Note

Zacks Investment Research · 10 Sept 2026positive

Devon Energy (DVN) shares closed at $50.02 in the latest trading session, up 2.12% from the prior day, rising even as the broader market fell. The move reflects a notable gain for the stock in that session.

Why it matters — A DVN watcher would care because the stock gained ground against a declining market, indicating relative strength in the latest session.

Devon Energy: Operations Back In Focus After The Coterra Acquisition

Seeking Alpha · 8 Sept 2026positive

Devon Energy received a reiterated buy rating, supported by strong Q2 results and operational execution following its Coterra acquisition. The company beat Q2 guidance, generated $1.655 billion in adjusted free cash flow, and returned over $1 billion to shareholders via debt reduction, buybacks, and a raised dividend, while management targets $1 billion in annual run-rate synergies.

Why it matters — A DVN watcher would care because this item highlights the company's post-merger operational execution, free cash flow generation, and planned synergies that could shape its outlook.

Devon Energy (DVN) Up 16.5% Since Last Earnings Report: Can It Continue?

Zacks Investment Research · 3 Sept 2026positive

Devon Energy reported earnings 30 days ago, and its stock has risen 16.5% since that report. The article examines whether the stock can continue its upward momentum.

Why it matters — A DVN watcher would care because the piece assesses the sustainability of the stock's recent post-earnings gain.

Why Devon Energy (DVN) is a Top Value Stock for the Long-Term

Zacks Investment Research · 3 Sept 2026positive

Zacks Investment Research highlights Devon Energy (DVN) as a top value stock for the long term, referencing the Zacks Style Scores feature of its Premium research service as a tool for identifying strong stocks.

Why it matters — A DVN watcher would care because the piece suggests the stock is well-regarded by analysts as a long-term value opportunity, which may inform investment consideration.

Here's Why Devon Energy (DVN) is a Strong Momentum Stock

Zacks Investment Research · 2 Sept 2026positive

Zacks Investment Research highlights Devon Energy (DVN) as a strong momentum stock using its Style Scores system, which helps investors identify top-rated stocks based on investing style. The piece explains why investors should take advantage of this tool.

Why it matters — DVN watchers would care because the item signals that the stock is being recognized by Zacks' scoring methodology as having strong momentum.

FAQ

Frequently asked questions about DVN stock

What is the DVN stock price forecast for 2026-2027?

The 29 Wall Street analysts covering Devon Energy Corp. have a median 12-month price target of $61, with estimates ranging from $44 to $68. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is DVN stock a buy right now?

Of the 29 analysts covering Devon Energy Corp., 26 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Devon Energy Corp. 40 out of 100 across roughly 4,600 US stocks as at 11 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank DVN?

As at 11 Sept 2026, Devon Energy Corp. ranks 40 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (88 of 100).

Will DVN stock go up?

No one can know that. What the data says: the median 12-month target from 29 analysts implies +20.4% from the last close, and Ticker Nerd's factor model ranks Devon Energy Corp. 40 out of 100 as at 11 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the DVN stock forecast for 2030?

No analyst covering Devon Energy Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for DVN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $44 to $68 over the next 12 months.

How has DVN stock performed over the past year?

Devon Energy Corp. returned +46.0% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Devon Energy Corp. do?

Devon Energy Corporation is an independent oil and natural gas company focused on the exploration, development, and production of hydrocarbons in the United States. Devon Energy’s current portfolio centers on onshore resource plays, including the Delaware Basin, Eagle Ford, Anadarko Basin, Williston Basin, and Powder River Basin, where it develops crude oil, natural gas liquids, and natural gas.

What is the latest news on DVN?

The most recent item we track (Zacks Investment Research, 10 Sept 2026): "Devon Energy (DVN) Ascends While Market Falls: Some Facts to Note". Devon Energy (DVN) shares closed at $50.02 in the latest trading session, up 2.12% from the prior day, rising even as the broader market fell. The move reflects a notable gain for the stock in that session.

Company

About Devon Energy Corp.

Devon Energy Corporation is an independent oil and natural gas company focused on the exploration, development, and production of hydrocarbons in the United States. Devon Energy’s current portfolio centers on onshore resource plays, including the Delaware Basin, Eagle Ford, Anadarko Basin, Williston Basin, and Powder River Basin, where it develops crude oil, natural gas liquids, and natural gas. The company also operates related marketing, gathering, and processing activities that support its upstream production business. Its operations are built around a concentrated set of North American assets, making Devon Energy a significant participant in U.S. shale and unconventional energy markets. Headquartered in Houston, Texas, Devon Energy serves as a major supplier of energy commodities to wholesale markets and industrial customers across the domestic oil and gas value chain.

CEO Mr. Clay M. Gaspar · 2,200 employees · United States · https://www.devonenergy.com