Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
37.47
-0.24 (-0.64%)
At close: Dec 5, 2025, 4:00 PM EST
37.54
+0.07 (0.19%)
After-hours: Dec 5, 2025, 7:58 PM EST

Devon Energy Stock Forecast

Stock Price Forecast

According to 19 professional analysts, the 12-month price target for Devon Energy stock ranges from a low of $37 to a high of $55. The average analyst price target of $42.84 forecasts a 14.33% increase in the stock price over the next year.

Price Target: $42.84 (+14.33%)
Analyst Consensus: Buy
Target Low Average Median High
Price $37 $42.84 $42 $55
Change -1.25% +14.33% +12.09% +46.78%

Analyst Ratings

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

Recommendation Trends

Rating Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy 444555
Buy 101111111111
Hold 766555
Sell 000000
Strong Sell 000000
Total 212121212121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$57$55
Buy Maintains $57$55 +46.78% Nov 18, 2025
Susquehanna
Susquehanna
Buy
Maintains
$40$42
Buy Maintains $40$42 +12.09% Nov 12, 2025
Susquehanna
Susquehanna
Buy
Maintains
$41$40
Buy Maintains $41$40 +6.75% Oct 20, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$43$37
Buy Maintains $43$37 -1.25% Oct 17, 2025
Roth Capital
Roth Capital
Strong Buy
Initiates
$42
Strong Buy Initiates $42 +12.09% Oct 14, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
17.16B
from 15.17B
Increased by 13.09%
Revenue Next Year
16.53B
from 17.16B
Decreased by -3.67%
EPS This Year
4.02
from 4.56
Decreased by -11.80%
EPS Next Year
4.13
from 4.02
Increased by 2.66%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
4.67B13.75B19.83B14.43B15.17B17.16B16.53B
Revenue Growth
-29.98%194.24%44.20%-27.24%5.16%13.09%-3.67%
EPS
-7.124.199.125.844.564.024.13
EPS Growth
--117.66%-35.97%-21.92%-11.80%2.66%
Forward PE
-----9.329.07
No. Analysts
-----3131
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027202820292030
High 18.1B 18.0B
Avg 17.2B 16.5B
Low 16.4B 14.5B

Revenue Growth

Revenue Growth 202520262027202820292030
High
19.6%
5.0%
Avg
13.1%
-3.7%
Low
7.9%
-15.4%

EPS Forecast

EPS 202520262027202820292030
High 4.40 5.22
Avg 4.02 4.13
Low 3.69 3.31

EPS Growth

EPS Growth 202520262027202820292030
High
-3.5%
29.7%
Avg
-11.8%
2.7%
Low
-19.0%
-17.6%
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.