NYSE: DVN
Devon Energy Corp Stock Forecast, Predictions & Price Target

Analyst price target for DVN

Based on 13 analysts offering 12 month price targets for Devon Energy Corp

Min Forecast
$37.00-20.69%
Avg Forecast
$47.54+1.9%
Max Forecast
$67.00+43.62%

Should I buy or sell DVN stock?

Based on 13 analysts offering ratings for Devon Energy Corp.

Strong Buy
Strong Buy
9 analysts 69.23%
Buy
2 analysts 15.38%
Hold
2 analysts 15.38%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although DVN's forecast from analysts indicates a "Strong Buy", our proven Zen Rating quant model rates DVN as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

Be the first to know when Wall Street analysts revise their DVN stock forecasts and price targets.

DVN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-03-16Find Out Why
lockedlocked$00.00+00.00%2026-03-12Find Out Why
lockedlocked$00.00+00.00%2026-03-05Find Out Why
lockedlocked$00.00+00.00%2026-02-23
lockedlocked$00.00+00.00%2026-02-20
Susquehanna
Top 3%
98
Strong BuyMaintains$52.00+11.47%2026-02-20Find out why
Morgan Stanley
Top 4%
97
Strong BuyMaintains$46.00-1.39%2026-01-23
Bernstein
Top 20%
81
BuyMaintains$42.00-9.97%2026-01-05
Roth Capital
Top 28%
73
Strong BuyReiterates$42.00-9.97%2025-12-31
Citigroup
Top 10%
91
Strong BuyMaintains$44.00-5.68%2025-12-17Find out why

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Forecast return on equity

Is DVN forecast to generate an efficient return?

Company
22.81%
Industry
17.35%
Market
180.65%
DVN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is DVN forecast to generate an efficient return on assets?

Company
11.21%
Industry
8.86%
DVN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DVN earnings per share forecast

What is DVN's earnings per share in the next 3 years based on estimates from 30 analysts?

Avg 1 year Forecast
$3.20-23.4%
Avg 2 year Forecast
$3.89-6.97%
Avg 3 year Forecast
$4.66+11.39%
DVN's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

DVN revenue forecast

What is DVN's revenue in the next 3 years based on estimates from 22 analysts?

Avg 1 year Forecast
$17.4B+1.32%
Avg 2 year Forecast
$19.0B+10.77%
Avg 3 year Forecast
$17.5B+1.65%
DVN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DVN earnings growth forecast

How is DVN forecast to perform vs Oil & Gas E&P companies and vs the US market?

Company
3.48%
Industry
17.25%
Market
36.26%
DVN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
DVN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
DVN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

DVN revenue growth forecast

How is DVN forecast to perform vs Oil & Gas E&P companies and vs the US market?

Company
2.69%
Industry
3.8%
Market
13.5%
DVN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DVN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DVN vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
DVN$46.65$47.54+1.90%Strong Buy
EXE$107.71$137.27+27.45%Strong Buy
CTRA$32.37$35.25+8.90%Strong Buy
TPL$526.89$639.00+21.28%Strong Buy
EQT$64.31$66.77+3.82%Strong Buy

Devon Energy Stock Forecast FAQ

Is Devon Energy Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: DVN) stock is to Strong Buy DVN stock.

Out of 13 analysts, 9 (69.23%) are recommending DVN as a Strong Buy, 2 (15.38%) are recommending DVN as a Buy, 2 (15.38%) are recommending DVN as a Hold, 0 (0%) are recommending DVN as a Sell, and 0 (0%) are recommending DVN as a Strong Sell.

If you're new to stock investing, here's how to buy Devon Energy stock.

What is DVN's earnings growth forecast for 2026-2028?

(NYSE: DVN) Devon Energy's forecast annual earnings growth rate of 3.48% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 17.25%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 36.26%.

Devon Energy's earnings in 2026 is $2,642,000,000.On average, 30 Wall Street analysts forecast DVN's earnings for 2026 to be $1,985,116,000, with the lowest DVN earnings forecast at $1,336,720,000, and the highest DVN earnings forecast at $2,682,120,000. On average, 26 Wall Street analysts forecast DVN's earnings for 2027 to be $2,410,994,000, with the lowest DVN earnings forecast at $1,670,900,000, and the highest DVN earnings forecast at $3,365,670,000.

In 2028, DVN is forecast to generate $2,886,782,000 in earnings, with the lowest earnings forecast at $2,308,880,000 and the highest earnings forecast at $3,971,100,000.

What is DVN's revenue growth forecast for 2026-2028?

(NYSE: DVN) Devon Energy's forecast annual revenue growth rate of 2.69% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 3.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.5%.

Devon Energy's revenue in 2026 is $17,188,000,000.On average, 22 Wall Street analysts forecast DVN's revenue for 2026 to be $10,797,300,000,000, with the lowest DVN revenue forecast at $9,074,940,000,000, and the highest DVN revenue forecast at $15,500,000,000,000. On average, 19 Wall Street analysts forecast DVN's revenue for 2027 to be $11,804,800,000,000, with the lowest DVN revenue forecast at $9,184,060,000,000, and the highest DVN revenue forecast at $19,670,740,000,000.

In 2028, DVN is forecast to generate $10,832,020,000,000 in revenue, with the lowest revenue forecast at $9,348,980,000,000 and the highest revenue forecast at $12,504,780,000,000.

What is DVN's forecast return on assets (ROA) for 2026-2029?

(NYSE: DVN) forecast ROA is 11.21%, which is higher than the forecast US Oil & Gas E&P industry average of 8.86%.

What is DVN's Price Target?

According to 13 Wall Street analysts that have issued a 1 year DVN price target, the average DVN price target is $47.54, with the highest DVN stock price forecast at $67.00 and the lowest DVN stock price forecast at $37.00.

On average, Wall Street analysts predict that Devon Energy's share price could reach $47.54 by Mar 16, 2027. The average Devon Energy stock price prediction forecasts a potential upside of 1.9% from the current DVN share price of $46.65.

What is DVN's Earnings Per Share (EPS) forecast for 2026-2028?

(NYSE: DVN) Devon Energy's current Earnings Per Share (EPS) is $4.18. On average, analysts forecast that DVN's EPS will be $3.20 for 2026, with the lowest EPS forecast at $2.16, and the highest EPS forecast at $4.33. On average, analysts forecast that DVN's EPS will be $3.89 for 2027, with the lowest EPS forecast at $2.70, and the highest EPS forecast at $5.43. In 2028, DVN's EPS is forecast to hit $4.66 (min: $3.72, max: $6.41).

What is DVN's forecast return on equity (ROE) for 2026-2029?

(NYSE: DVN) forecast ROE is 22.81%, which is considered strong.
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