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Home › Stocks › Devon Energy Corporation (DVN) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$34.04
-0.67 (-1.93%)Did DVN Make This Month's Elite Buy List?
We don't follow just any analyst — 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 37 Wall Street analysts, DVN has a bullish consensus with a median price target of $41.15 (ranging from $31.00 to $66.00). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $34.04, the median forecast implies a 20.9% upside. This outlook is supported by 19 Buy, 8 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Derrick Whitfield at Stifel, projecting a 93.9% upside.
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 |
---|---|---|---|---|---|
Jun 16, 2025 | Wells Fargo | Roger Read | Overweight | Maintains | $41.00 |
May 23, 2025 | Morgan Stanley | Devin McDermott | Overweight | Maintains | $44.00 |
May 15, 2025 | Goldman Sachs | Neil Mehta | Buy | Maintains | $43.00 |
May 14, 2025 | Wells Fargo | Roger Read | Overweight | Maintains | $46.00 |
May 13, 2025 | Piper Sandler | Mark Lear | Overweight | Maintains | $53.00 |
May 13, 2025 | Mizuho | Nitin Kumar | Outperform | Maintains | $43.00 |
May 7, 2025 | Barclays | Betty Jiang | Equal-Weight | Maintains | $40.00 |
Apr 29, 2025 | B of A Securities | Noah Hungness | Buy | Maintains | $42.00 |
Apr 23, 2025 | Barclays | Betty Jiang | Equal-Weight | Maintains | $38.00 |
Apr 23, 2025 | Piper Sandler | Mark Lear | Overweight | Maintains | $56.00 |
Apr 22, 2025 | Susquehanna | Biju Perincheril | Positive | Maintains | $41.00 |
Apr 22, 2025 | Piper Sandler | Mark Lear | Overweight | Maintains | $54.00 |
Apr 14, 2025 | Wells Fargo | Roger Read | Overweight | Maintains | $44.00 |
Apr 14, 2025 | RBC Capital | Scott Hanold | Sector Perform | Maintains | $40.00 |
Apr 11, 2025 | Scotiabank | Paul Cheng | Sector Outperform | Maintains | $35.00 |
Apr 9, 2025 | Mizuho | Nitin Kumar | Outperform | Maintains | $46.00 |
Apr 7, 2025 | UBS | Josh Silverstein | Neutral | Maintains | $35.00 |
Apr 4, 2025 | Citigroup | Scott Gruber | Buy | Maintains | $43.00 |
Mar 27, 2025 | Morgan Stanley | Devin McDermott | Overweight | Maintains | $47.00 |
Mar 17, 2025 | Citigroup | Scott Gruber | Buy | 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 $22.29B with a P/E ratio of 7.9x. The company generates $15.94B in trailing twelve-month revenue with a 17.5% profit margin.
Revenue growth is +21.6% quarter-over-quarter, while maintaining an operating margin of +23.6% and return on equity of +21.0%.
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Explores and produces oil and natural gas.
The company generates revenue by exploring, developing, and producing oil and natural gas from its extensive reserves across the U.S. It focuses on resource-rich areas, utilizing innovative drilling techniques to maximize efficiency and productivity. Devon Energy emphasizes sustainable practices, aiming to balance profitability with environmental responsibility.
Headquartered in Oklahoma City, Devon Energy operates in key regions such as the Delaware Basin and Eagle Ford. It plays a significant role in the energy supply chain, catering to various sectors, and is committed to operational excellence and safety.
Energy
Oil & Gas E&P
2,300
Mr. Clay M. Gaspar
United States
1992
Devon Energy (DVN) concluded the recent trading session at $34.04, signifying a -1.93% move from its prior day's close.
Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the closing of the recent trading day, Devon Energy (DVN) stood at $34.47, denoting a +2.99% move from the preceding trading day.
Devon Energy (DVN) closed at $34.04, down 1.93% from the previous day.
Devon Energy's decline of 1.93% may indicate market concerns or profit-taking, potentially impacting investor sentiment and future stock performance.
Devon Energy is currently undervalued amid declining oil prices. Its growth initiatives and capital improvements support long-term value, with a focus on free cash flow and disciplined capital allocation.
Devon Energy's undervaluation amid weak oil prices highlights potential upside. Growth initiatives and strong cash flow support long-term value and shareholder returns, making it an attractive buy.
Devon Energy (DVN) is currently attracting significant interest from Zacks.com users, suggesting potential factors influencing the stock's future performance.
Increased attention on Devon Energy may signal potential volatility or investment interest, influencing stock performance and market sentiment.
Victoria Greene, CIO of G Squared Private Wealth, discusses her strategies for investing in the energy sector on 'The Exchange.'
Greene’s insights on energy strategies may signal shifts in sector performance, influencing investment decisions and portfolio allocations in energy stocks.
Devon Energy Corp. (NYSE: DVN) CEO Clay Gaspar will participate in a fireside chat at the J.P. Morgan Energy, Power, Renewables & Mining Conference on June 12, 2025.
CEO Clay Gaspar's participation in the J.P. Morgan conference could signal strategic insights or growth plans, potentially influencing investor sentiment and stock performance for Devon Energy.
Devon Energy (DVN) closed at $34.47, reflecting a 2.99% increase from the previous trading day.
Devon Energy's 2.99% price increase signals positive market sentiment and potential growth, influencing investor confidence and trading strategies.
Based on our analysis of 37 Wall Street analysts, Devon Energy Corporation (DVN) has a median price target of $41.15. The highest price target is $66.00 and the lowest is $31.00.
According to current analyst ratings, DVN has 19 Buy ratings, 8 Hold ratings, and 0 Sell ratings. The stock is currently trading at $34.04. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict DVN stock could reach $41.15 in the next 12 months. This represents a 20.9% increase from the current price of $34.04. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by exploring, developing, and producing oil and natural gas from its extensive reserves across the U.S. It focuses on resource-rich areas, utilizing innovative drilling techniques to maximize efficiency and productivity. Devon Energy emphasizes sustainable practices, aiming to balance profitability with environmental responsibility.
The highest price target for DVN is $66.00 from Derrick Whitfield at Stifel, which represents a 93.9% increase from the current price of $34.04.
Price targets from Wall Street analysts for DVN are not currently available. The stock is trading at $34.04.
The overall analyst consensus for DVN is bullish. Out of 37 Wall Street analysts, 19 rate it as Buy, 8 as Hold, and 0 as Sell, with a median price target of $41.15.
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.