Devon Energy (DVN) Stock Forecast & Price Target $47.29 +0.07 (+0.14%) Closing price 05/22/2026 03:59 PM EasternExtended Trading$47.35 +0.07 (+0.14%) As of 05/22/2026 07:59 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock Devon Energy - Analysts' Recommendations and Stock Price Forecast (2026) How MarketBeat Calculates Price Target and Consensus Rating Consensus Rating Moderate BuyBased on 31 Analyst RatingsSell0Hold5Buy26 Based on 31 Wall Street analysts who have issued ratings for Devon Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 31 analysts, 5 have given a hold rating, 22 have given a buy rating, and 4 have given a strong buy rating for DVN. Consensus Price Target $57.3021.17% Upside According to the 31 analysts' twelve-month price targets for Devon Energy, the average price target is $57.30. The highest price target for DVN is $72.00, while the lowest price target for DVN is $41.00. The average price target represents a forecasted upside of 21.17% from the current price of $47.29. MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Get the Latest News and Ratings for DVN and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Devon Energy and its competitors. Sign Up View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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DVN Analyst Ratings Over TimeTypeCurrent Forecast5/25/25 to 5/25/261 Month Ago4/25/25 to 4/25/263 Months Ago2/24/25 to 2/24/261 Year Ago5/25/24 to 5/25/25Strong Buy4 Strong Buy rating(s)2 Strong Buy rating(s)1 Strong Buy rating(s)0 Strong Buy rating(s)Buy22 Buy rating(s)23 Buy rating(s)22 Buy rating(s)14 Buy rating(s)Hold5 Hold rating(s)7 Hold rating(s)6 Hold rating(s)8 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)1 Sell rating(s)0 Sell rating(s)Consensus Price Target$57.30$54.14$47.23$43.61Forecasted Upside21.17% Upside12.96% Upside9.22% Upside40.00% UpsideConsensus RatingModerate BuyModerate BuyModerate BuyModerate Buy DVN Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History DVN Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Devon Energy Stock vs. The CompetitionTypeDevon EnergyEnergy CompaniesBroader MarketConsensus Rating Score 2.97 2.40 2.52Consensus RatingModerate BuyHoldModerate BuyPredicted Upside21.17% Upside32.06% Upside15.09% UpsideNews Sentiment RatingPositive NewsSee Recent DVN NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export DateBrokerageAnalystActionRatingPrice TargetReport Date Upside/DownsideDetails5/21/2026 Morgan Stanley3 of 5 starsDevin McDermott5 of 5 starsBoost TargetOverweight$59.00 ➝ $66.00+36.75%5/20/2026 Citigroup4 of 5 starsScott Gruber5 of 5 starsBoost TargetBuy$60.00 ➝ $65.00+30.65%5/18/2026 Jefferies Financial Group2 of 5 stars Boost TargetBuy$62.00 ➝ $63.00+29.14%5/18/2026 Wells Fargo & CompanySubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingHanwen ChangSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOverweight$66.00 ➝ $68.00+39.39%5/15/2026 EvercoreSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Initiated CoverageIn-Line$54.00+14.29%5/13/2026 BMO Capital MarketsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetOutperform$60.00 ➝ $65.00+40.39%5/5/2026 Raymond James FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeOutperform ➝ Strong-Buy$72.00+40.35%4/28/2026 Roth MkmSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Reiterated RatingBuy$57.00+15.23%4/28/2026 Zacks ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold ➝ Strong-Buy4/22/2026 ScotiabankSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingBetty ZhangSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetSector Perform$41.00 ➝ $46.00-1.21% Get the Latest News and Ratings for DVN and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Devon Energy and its competitors with MarketBeat's FREE daily newsletter. 4/21/2026 SusquehannaSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetPositive$52.00 ➝ $57.00+26.02%4/20/2026 Tudor PickeringSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold ➝ Strong-Buy4/14/2026 UBS GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJosh SilversteinSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetBuy$61.00 ➝ $60.00+27.20%4/14/2026 Capital One FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetOverweight$64.00 ➝ $63.00+39.20%4/13/2026 Sanford C. BernsteinSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetOutperform$42.00 ➝ $59.00+23.30%4/8/2026 Royal Bank Of CanadaSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetSector Perform$46.00 ➝ $59.00+18.22%4/6/2026 Wolfe ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetOutperform$64.00 ➝ $65.00+31.32%3/24/2026 Truist FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingGabe DaoudSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingInitiated CoverageHold ➝ Buy$63.00+29.92%3/17/2026 MizuhoSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingNitin KumarSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOutperform$51.00 ➝ $62.00+31.31%3/17/2026 TD CowenSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingRobert HodgesSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetHold$46.00 ➝ $50.00+6.37%3/16/2026 BarclaysSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingBetty JiangSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOverweight$52.00 ➝ $54.00+15.50%3/12/2026 Piper SandlerSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingMark LearSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOverweight$59.00 ➝ $67.00+45.32%2/26/2026 ArgusSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetBuy$41.00 ➝ $51.00+20.87%1/28/2026 Weiss RatingsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeSell (D+) ➝ Hold (C-)1/26/2026 Siebert Williams ShankSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetBuy$46.00 ➝ $50.00+28.58%1/16/2026 BenchmarkSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Reiterated RatingBuy1/15/2026 JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the firm's recommendation accuracy ratingArun JayaramSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetOverweight$44.00 ➝ $41.00+12.76%12/5/2025 Johnson RiceSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetBuy$70.00 ➝ $62.00+63.53%11/13/2025 The Goldman Sachs GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetBuy$40.00 ➝ $42.00+21.07%8/25/2025 William BlairSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingNeal DingmannSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingInitiated CoverageOutperform7/7/2025 Bernstein BankSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetOutperform$45.00 ➝ $43.00+31.42%4/29/2025 Bank of AmericaSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingNoah HungnessSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetBuy$52.00 ➝ $42.00+34.29%3/5/2025 Williams TradingSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Set Target$50.00+46.31%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 08:07 PM ET. Should I Buy Devon Energy Stock? DVN Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, May 17, 2026. Please send any questions or comments about these Devon Energy pros and cons to contact@marketbeat.com. Devon Energy Bull Case Here are some ways that investors could benefit from investing in Devon Energy Co.: The recent approval of key proposals related to the merger with Coterra Energy indicates strong shareholder support, which could enhance the company's market position and operational scale. The current stock price is around $47, reflecting a stable valuation in the energy sector, which may attract investors looking for growth opportunities. Devon Energy Co. has successfully navigated regulatory processes, suggesting effective management and operational efficiency, which can lead to increased investor confidence. The increase in authorized shares from 1 billion to 2 billion allows for greater flexibility in financing and potential future growth initiatives, which can be appealing to investors. As an independent oil and gas exploration and production company, Devon Energy Co. is positioned to benefit from rising energy prices, which can lead to improved profitability. Devon Energy Bear Case Investors should be bearish about investing in Devon Energy Co. for these reasons: Recent insider sales, including significant transactions by executives, may raise concerns about the company's future performance and management's confidence in stock value. The energy sector is subject to volatility, and fluctuations in oil and gas prices can adversely affect Devon Energy Co.'s profitability and stock performance. With a substantial increase in authorized shares, there is a risk of dilution for existing shareholders, which could impact the value of their investments. Market conditions and regulatory changes can pose challenges, potentially affecting the company's operational capabilities and financial stability. Investors may be cautious due to the competitive landscape in the energy sector, where larger companies may have advantages in resources and market reach. DVN Forecast - Frequently Asked Questions What is Devon Energy's forecast for 2026? According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for Devon Energy is $57.30, with a high forecast of $72.00 and a low forecast of $41.00. Should I buy or sell Devon Energy stock right now? 31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last twelve months. There are currently 5 hold ratings, 22 buy ratings and 4 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DVN shares. Does Devon Energy's stock price have much upside? According to analysts, Devon Energy's stock has a predicted upside of 21.17% based on their 12-month stock forecasts. Has Devon Energy been upgraded by Wall Street analysts recently? Over the previous 90 days, Devon Energy's stock had 6 upgrades by analysts. What analysts cover Devon Energy? Devon Energy has been rated by research analysts at Argus, Barclays, BMO Capital Markets, Capital One Financial, Citigroup, Evercore, Jefferies Financial Group, Mizuho, Morgan Stanley, Piper Sandler, Raymond James Financial, Roth Mkm, Royal Bank Of Canada, Sanford C. Bernstein, Scotiabank, Susquehanna, TD Cowen, Truist Financial, Tudor Pickering, UBS Group, Wells Fargo & Company, Wolfe Research, and Zacks Research in the past 90 days. Do Wall Street analysts like Devon Energy more than its competitors? Analysts like Devon Energy more than other "energy" companies. The consensus rating for Devon Energy is Moderate Buy while the average consensus rating for "energy" companies is Hold. Learn more on how DVN compares to other companies. Stock Forecasts and Research Tools Related Companies Diamondback Energy Stock Forecast CNX Resources Stock Forecast ConocoPhillips Stock Forecast Chevron Stock Forecast EOG Resources Stock Forecast Enterprise Products Partners Stock Forecast Matador Resources Stock Forecast Occidental Petroleum Stock Forecast TotalEnergies Stock Forecast ExxonMobil Stock Forecast Today's Analyst Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Brokerages With Devon Energy RecommendationsMorgan StanleyCitigroupWells Fargo & CompanyJefferies Financial GroupWall Street ZenEvercoreBMO Capital MarketsRaymond James FinancialRoth MkmZacks ResearchScotiabankSusquehannaTudor PickeringUBS GroupCapital One Financial This page (NYSE:DVN) was last updated on 5/25/2026 by MarketBeat.com Staff. 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