Devon Energy Corp has a consensus price target of $46.75 based on the ratings of 21 analysts. The high is $66 issued by Stifel on April 23, 2024. The low is $35 issued by Scotiabank on April 11, 2025. The 3 most-recent analyst ratings were released by RBC Capital, Wells Fargo, and Scotiabank on April 14, 2025, April 14, 2025, and April 11, 2025, respectively. With an average price target of $39.67 between RBC Capital, Wells Fargo, and Scotiabank, there's an implied 38.45% upside for Devon Energy Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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04/14/2025 | Buy Now | 39.62% | RBC Capital | Scott Hanold55% | $49 → $40 | Maintains | Sector Perform | Get Alert |
04/14/2025 | Buy Now | 53.58% | Wells Fargo | Roger Read62% | $46 → $44 | Maintains | Overweight | Get Alert |
04/11/2025 | Buy Now | 22.16% | Scotiabank | Paul Cheng53% | $45 → $35 | Maintains | Sector Outperform | Get Alert |
04/09/2025 | Buy Now | 60.56% | Mizuho | Nitin Kumar48% | $49 → $46 | Maintains | Outperform | Get Alert |
04/07/2025 | Buy Now | 22.16% | UBS | Josh Silverstein45% | $41 → $35 | Maintains | Neutral | Get Alert |
04/04/2025 | Buy Now | 50.09% | Citigroup | Scott Gruber61% | $46 → $43 | Maintains | Buy | Get Alert |
03/27/2025 | Buy Now | 64.05% | Morgan Stanley | Devin McDermott80% | $51 → $47 | Maintains | Overweight | Get Alert |
03/17/2025 | Buy Now | 60.56% | Citigroup | Scott Gruber61% | $48 → $46 | Maintains | Buy | Get Alert |
03/13/2025 | Buy Now | 46.6% | JP Morgan | Arun Jayaram60% | $48 → $42 | Maintains | Neutral | Get Alert |
03/10/2025 | Buy Now | 60.56% | Raymond James | John Freeman77% | $54 → $46 | Maintains | Outperform | Get Alert |
02/24/2025 | Buy Now | 91.97% | Piper Sandler | Mark Lear57% | $54 → $55 | Maintains | Overweight | Get Alert |
02/20/2025 | Buy Now | 81.5% | Susquehanna | Biju Perincheril41% | $50 → $52 | Maintains | Positive | Get Alert |
02/20/2025 | Buy Now | 53.58% | Truist Securities | Neal Dingmann58% | $42 → $44 | Maintains | Hold | Get Alert |
02/20/2025 | Buy Now | 53.58% | Benchmark | Subash Chandra66% | $44 → $44 | Reiterates | Buy → Buy | Get Alert |
02/20/2025 | Buy Now | 53.58% | Barclays | Betty Jiang39% | $43 → $44 | Maintains | Equal-Weight | Get Alert |
01/29/2025 | Buy Now | 88.48% | Piper Sandler | Mark Lear57% | $53 → $54 | Maintains | Overweight | Get Alert |
01/23/2025 | Buy Now | 88.48% | Raymond James | John Freeman77% | $53 → $54 | Maintains | Outperform | Get Alert |
01/15/2025 | Buy Now | 57.07% | Bernstein | Bob Brackett66% | $45 → $45 | Upgrade | Market Perform → Outperform | Get Alert |
01/14/2025 | Buy Now | 53.58% | Benchmark | Subash Chandra66% | $44 → $44 | Upgrade | Hold → Buy | Get Alert |
01/13/2025 | Buy Now | 46.6% | Truist Securities | Neal Dingmann58% | $43 → $42 | Maintains | Hold | Get Alert |
01/10/2025 | Buy Now | 74.52% | RBC Capital | Scott Hanold55% | $50 → $50 | Reiterates | Sector Perform → Sector Perform | Get Alert |
01/03/2025 | Buy Now | — | Wolfe Research | Doug Leggate69% | — | Upgrade | Peer Perform → Outperform | Get Alert |
12/17/2024 | Buy Now | 84.99% | Piper Sandler | Mark Lear57% | $57 → $53 | Maintains | Overweight | Get Alert |
12/17/2024 | Buy Now | 50.09% | Wells Fargo | Roger Read62% | $49 → $43 | Maintains | Overweight | Get Alert |
12/16/2024 | Buy Now | 64.05% | Mizuho | Nitin Kumar48% | $51 → $47 | Maintains | Outperform | Get Alert |
12/04/2024 | Buy Now | — | JP Morgan | Arun Jayaram60% | — | Downgrade | Overweight → Neutral | Get Alert |
11/26/2024 | Buy Now | 67.54% | Citigroup | Scott Gruber61% | $55 → $48 | Maintains | Buy | Get Alert |
11/18/2024 | Buy Now | 98.95% | Piper Sandler | Mark Lear57% | $56 → $57 | Maintains | Overweight | Get Alert |
11/07/2024 | Buy Now | 71.03% | Wells Fargo | Roger Read62% | $50 → $49 | Maintains | Overweight | Get Alert |
11/07/2024 | Buy Now | 50.09% | Truist Securities | Neal Dingmann58% | $49 → $43 | Downgrade | Buy → Hold | Get Alert |
10/18/2024 | Buy Now | 116.4% | Susquehanna | Biju Perincheril41% | $63 → $62 | Maintains | Positive | Get Alert |
10/15/2024 | Buy Now | — | Benchmark | Subash Chandra66% | — | Reiterates | → Hold | Get Alert |
10/15/2024 | Buy Now | 95.46% | Piper Sandler | Mark Lear57% | $57 → $56 | Maintains | Overweight | Get Alert |
10/10/2024 | Buy Now | 67.54% | Scotiabank | Paul Cheng53% | $60 → $48 | Maintains | Sector Outperform | Get Alert |
10/09/2024 | Buy Now | 78.01% | Mizuho | Nitin Kumar48% | $53 → $51 | Maintains | Outperform | Get Alert |
10/04/2024 | Buy Now | 67.54% | BMO Capital | Phillip Jungwirth60% | $52 → $48 | Maintains | Outperform | Get Alert |
10/03/2024 | Buy Now | 60.56% | Barclays | Betty Jiang39% | $55 → $46 | Maintains | Equal-Weight | Get Alert |
10/03/2024 | Buy Now | 57.07% | Jefferies | Anthony Linton35% | → $45 | Initiates | → Hold | Get Alert |
10/01/2024 | Buy Now | 74.52% | Wells Fargo | Roger Read62% | $55 → $50 | Maintains | Overweight | Get Alert |
09/30/2024 | Buy Now | 74.52% | Evercore ISI Group | Stephen Richardson58% | $55 → $50 | Maintains | In-Line | Get Alert |
09/30/2024 | Buy Now | 71.03% | Truist Securities | Neal Dingmann58% | $60 → $49 | Maintains | Buy | Get Alert |
09/18/2024 | Buy Now | 64.05% | UBS | Josh Silverstein45% | $53 → $47 | Maintains | Neutral | Get Alert |
09/16/2024 | Buy Now | 78.01% | Morgan Stanley | Devin McDermott80% | $55 → $51 | Maintains | Overweight | Get Alert |
09/12/2024 | Buy Now | 78.01% | JP Morgan | Arun Jayaram60% | $64 → $51 | Maintains | Overweight | Get Alert |
09/04/2024 | Buy Now | 119.9% | Susquehanna | Biju Perincheril41% | $65 → $63 | Maintains | Positive | Get Alert |
09/03/2024 | Buy Now | 98.95% | RBC Capital | Scott Hanold55% | $57 → $57 | Reiterates | Sector Perform → Sector Perform | Get Alert |
08/15/2024 | Buy Now | 98.95% | Piper Sandler | Mark Lear57% | $65 → $57 | Maintains | Overweight | Get Alert |
08/14/2024 | Buy Now | 91.97% | Wells Fargo | Roger Read62% | $57 → $55 | Maintains | Overweight | Get Alert |
07/23/2024 | Buy Now | 98.95% | Wells Fargo | Roger Read62% | $60 → $57 | Maintains | Overweight | Get Alert |
07/18/2024 | Buy Now | — | Wolfe Research | Doug Leggate69% | — | Reinstates | → Peer Perform | Get Alert |
07/17/2024 | Buy Now | 50.09% | Bernstein | Bob Brackett66% | $48 → $43 | Maintains | Market Perform | Get Alert |
07/12/2024 | Buy Now | 109.42% | Scotiabank | Paul Cheng53% | $67 → $60 | Maintains | Sector Outperform | Get Alert |
07/09/2024 | Buy Now | 126.88% | Susquehanna | Biju Perincheril41% | $65 → $65 | Maintains | Positive | Get Alert |
07/09/2024 | Buy Now | 123.39% | Truist Securities | Neal Dingmann58% | $67 → $64 | Maintains | Buy | Get Alert |
07/09/2024 | Buy Now | 98.95% | RBC Capital | Scott Hanold55% | $57 → $57 | Reiterates | Sector Perform → Sector Perform | Get Alert |
07/09/2024 | Buy Now | 88.48% | Morgan Stanley | Devin McDermott80% | $52 → $54 | Maintains | Overweight | Get Alert |
07/08/2024 | Buy Now | 123.39% | JP Morgan | Arun Jayaram60% | $62 → $64 | Maintains | Overweight | Get Alert |
06/14/2024 | Buy Now | 123.39% | B of A Securities | Noah Hungness44% | → $64 | Reinstates | → Buy | Get Alert |
05/14/2024 | Buy Now | 112.91% | Piper Sandler | Mark Lear57% | $60 → $61 | Maintains | Overweight | Get Alert |
05/13/2024 | Buy Now | 112.91% | Mizuho | Nitin Kumar48% | $57 → $61 | Maintains | Buy | Get Alert |
05/09/2024 | Buy Now | 98.95% | RBC Capital | Scott Hanold55% | $55 → $57 | Maintains | Sector Perform | Get Alert |
05/03/2024 | Buy Now | 133.86% | Truist Securities | Neal Dingmann58% | $69 → $67 | Maintains | Buy | Get Alert |
05/02/2024 | Buy Now | 98.95% | Mizuho | Nitin Kumar48% | $53 → $57 | Maintains | Buy | Get Alert |
04/23/2024 | Buy Now | 130.37% | Stifel | Derrick Whitfield57% | $65 → $66 | Maintains | Buy | Get Alert |
04/22/2024 | Buy Now | 140.84% | Truist Securities | Neal Dingmann58% | $66 → $69 | Maintains | Buy | Get Alert |
04/22/2024 | Buy Now | 126.88% | Susquehanna | Biju Perincheril41% | $52 → $65 | Maintains | Positive | Get Alert |
04/19/2024 | Buy Now | 109.42% | Piper Sandler | Mark Lear57% | $59 → $60 | Maintains | Overweight | Get Alert |
04/15/2024 | Buy Now | 74.52% | Morgan Stanley | Devin McDermott80% | $49 → $50 | Maintains | Overweight | Get Alert |
04/11/2024 | Buy Now | 116.4% | Citigroup | Scott Gruber61% | $55 → $62 | Maintains | Buy | Get Alert |
04/11/2024 | Buy Now | 133.86% | Scotiabank | Paul Cheng53% | $53 → $67 | Maintains | Sector Outperform | Get Alert |
04/10/2024 | Buy Now | 98.95% | UBS | Josh Silverstein45% | $48 → $57 | Maintains | Neutral | Get Alert |
04/10/2024 | Buy Now | 105.93% | Barclays | Betty Jiang39% | → $59 | Initiates | → Equal-Weight | Get Alert |
04/08/2024 | Buy Now | 116.4% | JP Morgan | Arun Jayaram60% | $57 → $62 | Maintains | Overweight | Get Alert |
04/05/2024 | Buy Now | 130.37% | Truist Securities | Neal Dingmann58% | $69 → $66 | Maintains | Buy | Get Alert |
04/01/2024 | Buy Now | 105.93% | Wells Fargo | Roger Read62% | $46 → $59 | Upgrade | Equal-Weight → Overweight | Get Alert |
03/28/2024 | Buy Now | 71.03% | Morgan Stanley | Devin McDermott80% | $48 → $49 | Maintains | Overweight | Get Alert |
03/22/2024 | Buy Now | 126.88% | Stifel | Derrick Whitfield57% | $75 → $65 | Maintains | Buy | Get Alert |
03/18/2024 | Buy Now | 91.97% | Citigroup | Scott Gruber61% | $52 → $55 | Maintains | Buy | Get Alert |
03/07/2024 | Buy Now | 91.97% | RBC Capital | Scott Hanold55% | $55 → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
01/24/2024 | Buy Now | 81.5% | Raymond James | John Freeman77% | $53 → $52 | Maintains | Outperform | Get Alert |
01/24/2024 | Buy Now | 105.93% | Piper Sandler | Mark Lear57% | $61 → $59 | Maintains | Overweight | Get Alert |
01/23/2024 | Buy Now | 161.78% | Stifel | Derrick Whitfield57% | $77 → $75 | Maintains | Buy | Get Alert |
01/11/2024 | Buy Now | 84.99% | Mizuho | Nitin Kumar48% | $54 → $53 | Maintains | Buy | Get Alert |
12/19/2023 | Buy Now | 84.99% | Raymond James | John Freeman77% | $61 → $53 | Maintains | Outperform | Get Alert |
12/14/2023 | Buy Now | 67.54% | UBS | Josh Silverstein45% | $52 → $48 | Maintains | Neutral | Get Alert |
12/11/2023 | Buy Now | 81.5% | Morgan Stanley | Devin McDermott80% | $48 → $52 | Upgrade | Equal-Weight → Overweight | Get Alert |
12/06/2023 | Buy Now | 102.44% | JP Morgan | Arun Jayaram60% | $57 → $58 | Upgrade | Neutral → Overweight | Get Alert |
11/29/2023 | Buy Now | 67.54% | Morgan Stanley | Devin McDermott80% | $50 → $48 | Maintains | Equal-Weight | Get Alert |
11/27/2023 | Buy Now | 168.76% | Stifel | Derrick Whitfield57% | $79 → $77 | Maintains | Buy | Get Alert |
11/22/2023 | Buy Now | 67.54% | Wells Fargo | Roger Read62% | $50 → $48 | Maintains | Equal-Weight | Get Alert |
11/16/2023 | Buy Now | 112.91% | Piper Sandler | Mark Lear57% | $67 → $61 | Maintains | Overweight | Get Alert |
11/15/2023 | Buy Now | 91.97% | RBC Capital | Scott Hanold55% | $60 → $55 | Maintains | Sector Perform | Get Alert |
11/14/2023 | Buy Now | 81.5% | UBS | Josh Silverstein45% | $54 → $52 | Maintains | Neutral | Get Alert |
11/09/2023 | Buy Now | 126.88% | Truist Securities | Neal Dingmann58% | $68 → $65 | Maintains | Buy | Get Alert |
10/20/2023 | Buy Now | 74.52% | Wells Fargo | Roger Read62% | $51 → $50 | Maintains | Equal-Weight | Get Alert |
10/18/2023 | Buy Now | 116.4% | Susquehanna | Biju Perincheril41% | $72 → $62 | Maintains | Positive | Get Alert |
10/17/2023 | Buy Now | 74.52% | Morgan Stanley | Devin McDermott80% | $51 → $50 | Maintains | Equal-Weight | Get Alert |
10/17/2023 | Buy Now | — | Bernstein | Bob Brackett66% | — | Downgrade | Outperform → Market Perform | Get Alert |
10/12/2023 | Buy Now | 102.44% | Mizuho | Nitin Kumar48% | $62 → $58 | Maintains | Buy | Get Alert |
10/10/2023 | Buy Now | 88.48% | UBS | Josh Silverstein45% | $55 → $54 | Maintains | Neutral | Get Alert |
The latest price target for Devon Energy (NYSE:DVN) was reported by RBC Capital on April 14, 2025. The analyst firm set a price target for $40.00 expecting DVN to rise to within 12 months (a possible 39.62% upside). 67 analyst firms have reported ratings in the last year.
The latest analyst rating for Devon Energy (NYSE:DVN) was provided by RBC Capital, and Devon Energy maintained their sector perform rating.
The last upgrade for Devon Energy Corp happened on January 15, 2025 when Bernstein raised their price target to $45. Bernstein previously had a market perform for Devon Energy Corp.
The last downgrade for Devon Energy Corp happened on December 4, 2024 when JP Morgan changed their price target from N/A to N/A for Devon Energy Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Devon Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Devon Energy was filed on April 14, 2025 so you should expect the next rating to be made available sometime around April 14, 2026.
While ratings are subjective and will change, the latest Devon Energy (DVN) rating was a maintained with a price target of $49.00 to $40.00. The current price Devon Energy (DVN) is trading at is $28.65, which is out of the analyst’s predicted range.
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