DVNDVNEnergy · Oil & Gas E&P

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

Last close, 30 Oct 2026
$52
+1.92% on the day

The 28 Wall Street analysts covering Devon Energy Corp. hold a median 12-month price target of $62 — +18.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 57 of 100 as at 31 Oct 2026 — in the upper half.

Market cap
$57.4B
Ticker Nerd rank
57/ 100
Median analyst target
$62
Analysts covering
28
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
+1.5%
1M
+13.3%
YTD
+45.0%
1Y
+67.0%
From 52W high
0.0%
From 52W low
+67.0%
$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 31 Oct 2026
57/ 100

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

Momentum
87
Volatility
85
Revisions
83
Growth
67
Quality
59
Accruals
51
Value
43
Issuance
12
Size
4

Momentum (87): The shares have been drifting up relative to others.

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

Size (4): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ 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$70$80Jan 26Apr 26Jul 26Oct 26DVNHigh $74Median $62Low $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 says28 analysts
27 Buy1 Hold0 Sell
Low $44Median $62High $74

The green dot is the last close — the median target sits +18.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 7 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
16 Oct 2026MizuhoMaintainsOutperform$68 → $65
15 Oct 2026Morgan StanleyMaintainsOverweight$63 → $65
15 Oct 2026ScotiabankInitiatesSector Outperform$61
9 Oct 2026BarclaysMaintainsOverweight$58 → $60
7 Oct 2026Truist SecuritiesMaintainsBuy$65 → $61
7 Oct 2026Truist SecuritiesMaintainsBuy—
7 Oct 2026UBSMaintainsBuy—
7 Oct 2026UBSMaintainsBuy$63 → $65
2 Oct 2026JP MorganMaintainsOverweight—
2 Oct 2026JP MorganMaintainsOverweight$60 → $65
28 Sept 2026Wells FargoMaintainsOverweight—
28 Sept 2026Wells FargoMaintainsOverweight$65 → $64
14 Sept 2026Raymond JamesMaintainsStrong Buy$64 → $67
14 Sept 2026Raymond JamesMaintainsStrong Buy—
14 Sept 2026UBSMaintainsBuy$55 → $63
14 Sept 2026UBSMaintainsBuy—
10 Sept 2026StifelReinstatesBuy$61
3 Sept 2026Seaport GlobalInitiatesBuy—
3 Sept 2026Seaport GlobalInitiatesBuy$65
31 Aug 2026CitigroupMaintainsBuy$65 → $67

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.

DVN appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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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 30 Oct 2026, Devon Energy Corp. returned +67.0% against +12.4% for the S&P 500, dividends included.

DVN vs S&P 500, last 12 monthsTotal return, rebased to 100
100120140160180Jan 26Apr 26Jul 26Oct 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 movingThis fiscal year
EPS revision, 90 days
+8.3%
Analysts raising
9
Analysts cutting
5
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
11.4×

Cheaper than 54% of US stocks

Price / sales
3.1×

Cheaper than 39% of US stocks

Price / book
1.4×

Cheaper than 54% of US stocks

EV / EBITDA
7.7×

Cheaper than 46% 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 83% 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 $57.4B and an enterprise value of $68.3B.

  • 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: 11.4×; forward P/E: 9.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.45%, 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 1 Nov 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.$57.4B57
FANGDiamondback Energy, Inc.$59.4B76
OXYOccidental Petroleum Corp.$63.1B86
EOGEOG Resources, Inc.$89.8B91
EQTEQT Corp.$34.6B52
TPLTexas Pacific Land Corp.$22.9B73
PRPermian Resources Corp.$21.9B82

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

Why the Market Dipped But Devon Energy (DVN) Gained Today

Zacks Investment Research · 30 Oct 2026positive

Devon Energy (DVN) closed the recent trading day at $52.15, up 1.92% from the preceding trading day.

Why it matters — DVN watchers may note the stock's gain during the recent trading session.

Devon Energy (DVN) Reports Next Week: Wall Street Expects Earnings Growth

Zacks Investment Research · 29 Oct 2026positive

Zacks Investment Research says Devon Energy has two key ingredients associated with a likely earnings beat in its upcoming report. The headline notes that Wall Street expects earnings growth.

Why it matters — DVN watchers may want to note the expectations ahead of the company’s upcoming earnings report.

Devon Energy Is Winning The Macro Lottery With Higher Prices And Production

Seeking Alpha · 28 Oct 2026positive

Seeking Alpha says Devon Energy is positioned for a strong Q3 report, citing higher petroleum prices, geopolitical tensions and rising EPS estimates. It also notes the company’s capital-return framework and valuation below industry averages.

Why it matters — DVN watchers may note the article’s focus on oil-price momentum, earnings expectations and shareholder returns.

NEQ Operating Strengthens Leadership Team to Support Next Phase of Growth

GlobeNewsWire · 27 Oct 2026neutral

NEQ Operating appointed John Raines as president and chief operating officer and Michael Magilton as chief financial officer. The company said the appointments support its continued platform expansion and growth strategy.

Why it matters — The leadership changes concern NEQ Operating; the excerpt does not describe a direct connection to Devon Energy.

Is Devon Energy (DVN) Stock Outpacing Its Oils-Energy Peers This Year?

Zacks Investment Research · 26 Oct 2026neutral

The article compares Devon Energy (DVN) and Baytex Energy (BTE) with their sector based on performance so far this year. The excerpt does not provide the performance results.

Why it matters — DVN watchers may find the comparison relevant, but the excerpt gives no results to show how Devon performed relative to its peers or sector.

FAQ

Frequently asked questions about DVN stock

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

The 28 Wall Street analysts covering Devon Energy Corp. have a median 12-month price target of $62, with estimates ranging from $44 to $74. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is DVN stock a buy right now?

Of the 28 analysts covering Devon Energy Corp., 27 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Devon Energy Corp. 57 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank DVN?

As at 31 Oct 2026, Devon Energy Corp. ranks 57 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 Momentum (87 of 100).

Will DVN stock go up?

No one can know that. What the data says: the median 12-month target from 28 analysts implies +18.9% from the last close, and Ticker Nerd's factor model ranks Devon Energy Corp. 57 out of 100 as at 31 Oct 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 $74 over the next 12 months.

How has DVN stock performed over the past year?

Devon Energy Corp. returned +67.0% over the 12 months to 30 Oct 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, 30 Oct 2026): "Why the Market Dipped But Devon Energy (DVN) Gained Today". Devon Energy (DVN) closed the recent trading day at $52.15, up 1.92% from the preceding trading day.

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