Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
49.48
+1.28 (2.66%)
At close: Apr 28, 2026, 4:00 PM EDT
49.55
+0.07 (0.14%)
After-hours: Apr 28, 2026, 7:59 PM EDT
Devon Energy Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Devon Energy stock have an average target of 50.15, with a low estimate of 37 and a high estimate of 67. The average target predicts an increase of 1.35% from the current stock price of 49.48.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Devon Energy stock from 21 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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 5 | 6 | 6 |
| Buy | 11 | 12 | 10 | 11 | 11 | 11 |
| Hold | 5 | 3 | 4 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 20 | 19 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $41 → $46 | Hold | Maintains | $41 → $46 | -7.03% | Apr 22, 2026 |
| UBS | UBS | Strong Buy Maintains $61 → $60 | Strong Buy | Maintains | $61 → $60 | +21.26% | Apr 14, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $44 → $60 | Strong Buy | Maintains | $44 → $60 | +21.26% | Mar 30, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $46 → $59 | Buy | Maintains | $46 → $59 | +19.24% | Mar 27, 2026 |
| Truist Securities | Truist Securities | Hold → Strong Buy Initiates $63 | Hold → Strong Buy | Initiates | $63 | +27.32% | Mar 24, 2026 |
Financial Forecast
Revenue This Year
20.68B
from 16.04B
Increased by 28.91%
Revenue Next Year
22.44B
from 20.68B
Increased by 8.55%
EPS This Year
4.74
from 4.17
Increased by 13.66%
EPS Next Year
4.89
from 4.74
Increased by 3.21%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 25.9B | 31.1B | |||
| Avg | 20.7B | 22.4B | |||
| Low | 15.1B | 14.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 61.5% | 50.3% | |||
| Avg | 28.9% | 8.6% | |||
| Low | -5.6% | -28.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 6.84 | 6.67 | |||
| Avg | 4.74 | 4.89 | |||
| Low | 1.68 | 2.70 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 63.9% | 40.7% | |||
| Avg | 13.7% | 3.2% | |||
| Low | -59.8% | -43.1% |
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.