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DVNDVNEnergy · Oil & Gas E&P

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

Last close, 14 Aug 2026
$46
+3.29% on the day

The 27 Wall Street analysts covering Devon Energy Corp. hold a median 12-month price target of $60 — +30.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 41 of 100 as at 15 Aug 2026 — in the lower half.

Market cap
$50.4B
Ticker Nerd rank
41 / 100
Median analyst target
$60
Analysts covering
27
Total return, dividends reinvested
1W
+6.7%
1M
+5.6%
YTD
+26.7%
1Y
+38.9%
From 52W high
−11.3%
From 52W low
+47.2%
$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 15 Aug 2026
41 / 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
85
Growth
74
Momentum
72
Quality
57
Revisions
53
Accruals
50
Value
44
Issuance
12
Size
5

Volatility (85): 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 $60Low $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.

What Wall Street says27 analysts
25 Buy2 Hold0 Sell
Low $44Median $60High $68

The green dot is the last close — the median target sits +30.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
6 Aug 2026Truist SecuritiesMaintainsBuy$61 → $65
21 July 2026SusquehannaMaintainsPositive$57 → $63
21 July 2026SusquehannaMaintainsPositive—
16 July 2026Raymond JamesMaintainsStrong Buy—
16 July 2026Raymond JamesMaintainsStrong Buy$66 → $64
15 July 2026UBSMaintainsBuy—
15 July 2026UBSMaintainsBuy$58 → $54
9 July 2026Truist SecuritiesMaintainsBuy—
9 July 2026Truist SecuritiesMaintainsBuy$66 → $61
8 July 2026JP MorganMaintainsOverweight—
29 June 2026Morgan StanleyMaintainsOverweight—
15 June 2026Raymond JamesMaintainsStrong Buy—
10 June 2026Evercore ISI GroupUpgradeOutperform—
10 June 2026UBSMaintainsBuy—
8 June 2026JP MorganReinstatesOverweight$62
1 June 2026Truist SecuritiesMaintainsBuy—
27 May 2026MizuhoMaintainsOutperform—
26 May 2026BarclaysMaintainsOverweight—
22 May 2026Morgan StanleyMaintainsOverweight—
20 May 2026CitigroupMaintainsBuy—

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.

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
+4.1%
Analysts raising
2
Analysts cutting
12
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
9.7×

Cheaper than 60% of US stocks

Price / sales
2.7×

Cheaper than 45% of US stocks

Price / book
1.3×

Cheaper than 66% of US stocks

EV / EBITDA
6.9×

Cheaper than 49% of US stocks

Growth & margins
Revenue growth (YoY)
64.2%

Higher than 89% of US stocks

Earnings growth (YoY)
112.6%

Higher than 86% of US stocks

Gross margin
36.9%

Higher than 46% 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
2.8%

Higher than 62% of US dividend payers

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

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.$50.4B
41
OXYOccidental Petroleum Corp.$57.5B
73
FANGDiamondback Energy, Inc.$58.6B
71
EOGEOG Resources, Inc.$77.4B
77
EQTEQT Corp.$34.0B
51
TPLTexas Pacific Land Corp.$24.7B
54
EXEExpand Energy Corp.$22.6B
87

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 Q2 Earnings Call Highlights

MarketBeat · 8 Aug 2026positive

Devon Energy reported that its second-quarter performance beat guidance targets, and it is progressing on integration work from its May merger with Coterra, having identified over 350 synergy initiatives and already achieving its 2026 debt-reduction target.

Why it matters — DVN watchers would care because exceeding guidance and rapidly delivering on merger synergies and debt reduction signals strong operational execution and integration progress.

Devon Energy: The Bottom Is In, And Q2 Proved It

Seeking Alpha · 7 Aug 2026positive

Devon Energy reported a strong Q2 2026, beating EPS and revenue consensus by 21% and 18%, respectively. The company raised its dividend by 33%, accelerated buybacks, and repaid $1.25 billion in debt, while Coterra merger synergies are tracking ahead of expectations with $1 billion in pre-tax benefits targeted by 2027.

Why it matters — Strong quarterly results, a dividend increase, debt reduction, and on-track merger synergies all point to improving financial health and disciplined capital returns for DVN shareholders.

Diamond Hill Small-Mid Cap Fund Q2 2026 Portfolio Review

Seeking Alpha · 7 Aug 2026neutral

Diamond Hill Small-Mid Cap Fund's Q2 2026 portfolio review reports a 9.71% gain versus the Russell 2500 Index's 20.26% rise. The fund initiated a position in Centene and sold shares of Wix.com due to slowing growth in its core business from AI-driven vibe coding.

Why it matters — The review does not mention Devon Energy (DVN), so it carries no direct implications for DVN investors.

DVN Q2 Earnings Call Puts Synergies and Portfolio Review in Focus

Zacks Investment Research · 6 Aug 2026neutral

During Devon Energy's Q2 earnings call, management refined its 2026 guidance, focusing on merger synergies, a portfolio review, and technology gains as part of its push to strengthen shareholder returns.

Why it matters — DVN watchers would care because the company's updated 2026 outlook and portfolio review signal how its strategy is shifting following the merger to support shareholder returns.

Compared to Estimates, Devon Energy (DVN) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research · 6 Aug 2026neutral

Devon Energy reported its second-quarter 2026 earnings, and the coverage focuses on how its top- and bottom-line figures and key metrics compare with Wall Street estimates and year-ago values.

Why it matters — DVN watchers can gauge how the company's quarterly performance measured up to analyst expectations and its prior-year results.

FAQ

Frequently asked questions about DVN stock

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

The 27 Wall Street analysts covering Devon Energy Corp. have a median 12-month price target of $60, 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 27 analysts covering Devon Energy Corp., 25 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Devon Energy Corp. 41 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank DVN?

As at 15 Aug 2026, Devon Energy Corp. ranks 41 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 (85 of 100).

Will DVN stock go up?

No one can know that. What the data says: the median 12-month target from 27 analysts implies +30.9% from the last close, and Ticker Nerd's factor model ranks Devon Energy Corp. 41 out of 100 as at 15 Aug 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 +38.9% over the 12 months to 14 Aug 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 hydrocarbon resources in the United States. Devon Energy’s current operations are centered on a diversified portfolio of onshore assets, with activity across major shale and resource basins including the Delaware Basin, Eagle Ford, Anadarko Basin, Williston Basin, Powder River Basin, and other North American fields.

What is the latest news on DVN?

The most recent item we track (MarketBeat, 8 Aug 2026): "Devon Energy Q2 Earnings Call Highlights". Devon Energy reported that its second-quarter performance beat guidance targets, and it is progressing on integration work from its May merger with Coterra, having identified over 350 synergy initiatives and already achieving its 2026 debt-reduction target.

Company

About Devon Energy Corp.

Devon Energy Corporation is an independent oil and natural gas company focused on the exploration, development, and production of hydrocarbon resources in the United States. Devon Energy’s current operations are centered on a diversified portfolio of onshore assets, with activity across major shale and resource basins including the Delaware Basin, Eagle Ford, Anadarko Basin, Williston Basin, Powder River Basin, and other North American fields. The company produces crude oil, natural gas, and natural gas liquids, serving the upstream energy segment through drilling, completion, and production optimization across its operated acreage. Devon Energy also emphasizes capital efficiency and disciplined asset management as part of its business model, making it an important participant in U.S. energy supply and a prominent name in the oil and gas exploration and production market.

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