Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
44.52
+1.03 (2.37%)
At close: Mar 5, 2026, 4:00 PM EST
44.32
-0.20 (-0.45%)
After-hours: Mar 5, 2026, 4:52 PM EST

Devon Energy Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Devon Energy stock have an average target of 45.61, with a low estimate of 37 and a high estimate of 59. The average target predicts an increase of 2.45% from the current stock price of 44.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $37 $45.61 $44 $59
Change -16.89% +2.45% -1.17% +32.52%

Analyst Ratings

The average analyst rating for Devon Energy stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy 556655
Buy 111112101111
Hold 553433
Sell 000000
Strong Sell 000000
Total 212121201919

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$55$59
Buy Maintains $55$59 +32.52% Mar 5, 2026
UBS
UBS
Strong Buy
Maintains
$50$55
Strong Buy Maintains $50$55 +23.54% Mar 5, 2026
Scotiabank
Scotiabank
Hold
Maintains
$45$41
Hold Maintains $45$41 -7.91% Feb 23, 2026
Barclays
Barclays
Buy
Maintains
$50$52
Buy Maintains $50$52 +16.80% Feb 23, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$43$51
Buy Maintains $43$51 +14.56% Feb 20, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
17.42B
from 16.04B
Increased by 8.59%
Revenue Next Year
19.04B
from 17.42B
Increased by 9.33%
EPS This Year
3.20
from 4.17
Decreased by -23.22%
EPS Next Year
3.89
from 3.20
Increased by 21.45%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
13.75B19.83B15.14B15.17B16.04B17.42B19.04B
Revenue Growth
194.24%44.20%-23.64%0.21%5.72%8.59%9.33%
EPS
4.199.125.844.564.173.203.89
EPS Growth
-117.66%-35.97%-21.92%-8.55%-23.22%21.45%
Forward PE
-----13.9011.45
No. Analysts -----3026
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 25.0B 31.7B
Avg 17.4B 19.0B
Low 14.6B 14.8B

Revenue Growth

Revenue Growth 20262027202820292030
High
55.9%
82.2%
Avg
8.6%
9.3%
Low
-8.7%
-14.9%

EPS Forecast

EPS 20262027202820292030
High 4.33 5.43
Avg 3.20 3.89
Low 2.16 2.70

EPS Growth

EPS Growth 20262027202820292030
High
3.7%
69.5%
Avg
-23.2%
21.5%
Low
-48.3%
-15.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.