Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Devon Energy Corporation (DVN) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$44.23
-1.55 (-3.39%)Did DVN Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Devon Energy is one of their latest high-conviction picks.
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.
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 |
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 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%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Engages in oil and gas exploration and production.
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.
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.
Energy
Oil & Gas E&P
2,200
Mr. Clay M. Gaspar
United States
1992
The latest trading day saw Devon Energy (DVN) settling at $45.25, representing a -4.27% change from its previous close.
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.
Devon Energy (DVN) closed at $45.25, down 4.27% from the previous trading day.
Devon Energy's 4.27% decline signals potential volatility and may impact investor sentiment, influencing decisions on buying, selling, or holding the stock.
Zacks Style Scores help investors identify top-rated stocks aligned with their investing style, providing a useful tool for stock selection.
Zacks Style Scores help identify high-potential stocks tailored to specific investment strategies, enhancing decision-making and portfolio performance.
Investors are considering dividend stocks to enhance portfolio stability and secure steady income amid ongoing market uncertainty.
In uncertain markets, dividend stocks attract investors seeking reliable income, potentially increasing their demand and driving up stock prices.
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.
The Undercovered Dozen identifies undervalued stocks with strong growth potential, offering unique investment opportunities amid sector trends and catalysts, which could enhance portfolio performance.
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.
Devon Energy's upcoming earnings report could influence stock performance and investor sentiment, reflecting operational success and market conditions in Q1 2026.
Devon Energy (DVN) closed at $47.91, down 4.08% from the previous trading day.
Devon Energy's 4.08% decline signals potential volatility, impacting investor sentiment and possibly indicating market concerns about its performance or sector trends.
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.
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.
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.
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.
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.
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.
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.
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.
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.