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Devon Energy (DVN): analyst forecast and price target
Price targets and ratings of
Analyst consensus
Strong Buy20 Buy1 Hold0 Sell
Ratings of 21 analysts in the last 3 months12-month forecast
$60.75+19.8% upside
Based on 21 price targets given in the last 3 months, the average target is $60.75, the highest $67.00, the lowest $44.00. The average is +19.8% from the last price of $50.73.
Highest target $67.00
Average target $60.75
Lowest target $44.00
Analyst ratings 27
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| Nitin Kumar CFA★★★★★★★★★★#878 · hits 60% · avg +8.3% | Mizuho Securities | $68.00 → $65.00−4.4% | Buy | +28.1% | Reiterated | 16.10.26on TipRanks 07:35 | +4.1% | ↗ |
| Devin McDermott★★★★★★★★★★#719 · hits 59% · avg +9.9% | Morgan Stanley | $65.00 → $63.00−3.1% | Buy | +24.2% | Assigned | 15.10.26on TipRanks 08:35 | −1.6%next day +4.1% | ↗ |
| Mark Lear★★★★★★★★★★#1201 · hits 58% · avg +7.2% | Piper Sandler | $61.00 | Buy | +20.2% | Initiated | 14.10.26on TipRanks Oct 15 04:00 | +0.5%next day −1.6% | ↗ |
| Hanwen Chang★★★★★★★★★★#2405 · hits 56% · avg +8.6% | Wells Fargo | $64.00 | Buy | +26.2% | Reiterated | 14.10.26on TipRanks 07:00 | +0.5%next day −1.6% | ↗ |
| Gabriel Daoud★★★★★★★★★★#12169 · hits 41% · avg −9.8% | Truist Financial | $61.00 | Buy | +20.2% | Reiterated | 13.10.26on TipRanks 07:50 | +2.6%next day +0.5% | ↗ |
| Betty Jiang★★★★★★★★★★#3670 · hits 49% · avg +3.3% | Barclays | $58.00 → $60.00+3.4% | Buy | +18.3% | Reiterated | 09.10.26on TipRanks 04:50 | −1.9%next day +1.5% · 5 days +7.1% | ↗ |
| AI xAi Oil and Gas Exploration and ProductionxAI Grok-3 | TipRanks - xAI | $53.00 → $54.00+1.9% | Buy | +6.4% | Reiterated | 09.10.26on TipRanks Oct 8 21:05 | — | |
| AI DeepSeek Oil and Gas Exploration and ProductionDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $53.00 → $54.00+1.9% | Buy | +6.4% | Reiterated | 09.10.26on TipRanks Oct 8 21:05 | — | |
| AI Anthropic Oil and Gas Exploration and ProductionAnthropic Opus-4.5 | TipRanks - Anthropic | $50.00 → $51.00+2.0% | Hold | +0.5% | Reiterated | 09.10.26on TipRanks Oct 8 21:05 | — | |
| AI Google Oil and Gas Exploration and ProductionGemini 3-pro | TipRanks - Google | $54.00 → $55.00+1.9% | Buy | +8.4% | Reiterated | 09.10.26on TipRanks Oct 8 21:05 | — | |
| AI PerPlexity Oil and Gas Exploration and ProductionPerPlexity SonarPro | TipRanks - PerPlexity | $54.00 → $55.00+1.9% | Buy | +8.4% | Reiterated | 09.10.26on TipRanks Oct 8 21:05 | — | |
| Josh Silverstein★★★★★★★★★★#630 · hits 61% · avg +10.8% | UBS | $63.00 → $65.00+3.2% | Buy | +28.1% | Reiterated | 07.10.26on TipRanks 09:05 | −0.1%next day +2.6% · 5 days +5.2% | ↗ |
| Lloyd Byrne★★★★★★★★★★#307 · hits 58% · avg +18.7% | Jefferies | $60.00 | Buy | +18.3% | Reiterated | 03.10.26on TipRanks 09:30 | 0.0%next day −0.5% · 5 days +1.6% | ↗ |
| Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% | J.P. Morgan | $60.00 → $65.00+8.3% | Buy | +28.1% | Reiterated | 02.10.26on TipRanks 07:10 | +0.3%next day 0.0% · 5 days +0.1% | ↗ |
| Neil Mehta★★★★★★★★★★#490 · hits 63% · avg +11.2% | Goldman Sachs | $55.00 | Buy | +8.4% | Assigned | 30.09.26on TipRanks Oct 1 05:50 | −1.0%next day +2.3% · 5 days +2.1% | ↗ |
| Gabriele Sorbara★★★★★★★★★★#1092 · hits 57% · avg +7.9% | Siebert Williams Shank & Co | $64.00 | Buy | +26.2% | Reiterated | 23.09.26on TipRanks 06:55 | +3.1%next day +1.9% · 5 days −3.5% | ↗ |
| John Freeman★★★★★★★★★★#38 · hits 68% · avg +30.1% | Raymond James | $64.00 → $67.00+4.7% | Buy | +32.1% | Reiterated | 14.09.26on TipRanks 09:30 | −0.5%next day +4.3% · 5 days −5.6% | ↗ |
| David Deckelbaum★★★★★★★★★★#1693 · hits 49% · avg +10.0% | TD Cowen | $61.00 | Buy | +20.2% | Initiated | 10.09.26on TipRanks Sep 9 17:35 | +2.7%next day −0.4% · 5 days −2.6% | ↗ |
| Unknown Analyst | Seaport Global | $65.00 | Buy | +28.1% | Initiated | 02.09.26on TipRanks Sep 3 09:26 | −0.5%next day −1.5% · 5 days +3.0% | ↗ |
| Scott Gruber★★★★★★★★★★#383 · hits 60% · avg +15.6% | Citi | $65.00 → $67.00+3.1% | Buy | +32.1% | Reiterated | 31.08.26on TipRanks 05:25 | +2.7%next day +1.8% · 5 days −0.1% | ↗ |
| AI OpenAI Oil and Gas Exploration and ProductionOpenAI 5.2 | TipRanks - OpenAI | $54.00 → $53.00−1.9% | Buy | +4.5% | Reiterated | 28.08.26on TipRanks Aug 27 23:05 | — | |
| Scott Hanold★★★★★★★★★★#206 · hits 65% · avg +17.9% | RBC Capital | $59.00 → $58.00−1.7% | Hold | +14.3% | Reiterated | 20.08.26on TipRanks Aug 21 21:45 | +3.1%next day −0.8% · 5 days −5.5% | ↗ |
| Bill Selesky★★★★★★★★★★#1503 · hits 60% · avg +7.8% | Argus Research | $53.00 | Buy | +4.5% | Reiterated | 14.08.26on TipRanks Aug 17 09:55 | +3.5%next day +4.2% · 5 days +8.5% | ↗ |
| Chris Baker★★★★★★★★★★#745 · hits 77% · avg +47.0% | Evercore ISI | $54.00 | Buy | +6.4% | Reiterated | 05.08.26on TipRanks 10:35 | −4.2%next day +2.6% · 5 days +6.2% | ↗ |
| Neal Dingmann★★★★★★★★★★#11544 · hits 41% · avg −2.5% | William Blair | — | Buy | — | Reiterated | 04.08.26on TipRanks 18:05 | −4.2%next day +2.6% · 5 days +6.2% | ↗ |
| Charles Minervino★★★★★★★★★★#59 · hits 71% · avg +23.0% | Susquehanna | $57.00 → $63.00+10.5% | Buy | +24.2% | Reiterated | 21.07.26on TipRanks Jul 23 21:16 | −0.1%next day +1.9% · 5 days −2.3% | ↗ |
| Unknown Analyst | Benchmark Co. | $44.00 | Buy | −13.3% | Reiterated | 21.07.26on TipRanks Jul 23 21:16 | −0.1%next day +1.9% · 5 days −2.3% | ↗ |
| Phillip Jungwirth★★★★★★★★★★#1299 · hits 52% · avg +8.6% | BMO Capital | $60.00 → $65.00+8.3% | Buy | +28.1% | Reiterated | 10.06.26on TipRanks 09:55 | +7.3%next day −6.0% · 5 days −10.1% | ↗ |
| Nicholas Pope★★★★★★★★★★#6448 · hits 44% · avg +1.8% | Roth MKM | $57.00 | Buy | +12.4% | Reiterated | 10.06.26on TipRanks 07:50 | +7.3%next day −6.0% · 5 days −10.1% | ↗ |
| Bob Brackett★★★★★★★★★★#584 · hits 63% · avg +17.6% | Bernstein | $59.00 | Buy | +16.3% | Reiterated | 11.05.26on TipRanks 09:15 | +2.2%next day +0.2% · 5 days +6.4% | ↗ |
| Betty Zhang★★★★★★★★★★#2397 · hits 72% · avg +18.6% | Scotiabank | $46.00 | Hold | −9.3% | Reiterated | 06.05.26on TipRanks 07:55 | −10.0%next day −2.5% · 5 days −0.5% | ↗ |
| Kalei Akamine★★★★★★★★★★#2813 · hits 56% · avg +6.3% | Bank of America Securities | $53.00 → $57.00+7.5% | Buy | +12.4% | Reiterated | 27.04.26on TipRanks 10:20 | +0.4%next day +3.1% · 5 days +6.0% | ↗ |
| Subash Chandra★★★★★★★★★★#1262 · hits 48% · avg +10.5% | Benchmark Co. | $44.00 | Buy | −13.3% | Reiterated | 16.01.26on TipRanks 08:40 | −0.2%next day +2.3% · 5 days +6.6% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Devon Energy
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
2 years
Kalei Akamine★★★★★★★★★★Bank of America Securities · #2813
Hits 56%88 of 157
Average return +6.3%
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $60.24 at a price of $46.04 (+30.8%); now: $60.75 at $50.73 (+19.8%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 4 | 6 | 6 | 3 | 1 |
| Buy | 41 | 43 | 48 | 43 | 34 | 31 |
| Hold | 8 | 6 | 5 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 05.11.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $1.26 (from $0.84 to $1.49). Last quarter: $1.57.
Sales
Next quarter’s sales estimate — $6.5B (from $4.8B to $8.3B). Last quarter: $7.0B.
Best top-analyst consensus in the sector · Energy
About Devon Energy
- CEO: Clay Gaspar
- Employees: 2,200
- Three Memorial City Plaza, Houston, TX, 77024, US
- www.devonenergy.com
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
Data from the stock’s TipRanks forecast page, read 37 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗