Devon Energy Corp has a consensus price target of $61.29, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Stifel, Truist Securities, and Susquehanna on April 23, 2024, April 22, 2024, and April 22, 2024. With an average price target of $66.67 between Stifel, Truist Securities, and Susquehanna, there's an implied 26.55% upside for Devon Energy Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/23/2024 | DVN | Buy Now | Devon Energy | $52.68 | 25.28% | Stifel | Derrick Whitfield | $65 → $66 | Maintains | Buy | Get Alert |
04/22/2024 | DVN | Buy Now | Devon Energy | $52.68 | 30.98% | Truist Securities | Neal Dingmann | $66 → $69 | Maintains | Buy | Get Alert |
04/22/2024 | DVN | Buy Now | Devon Energy | $52.68 | 23.39% | Susquehanna | Biju Perincheril | $52 → $65 | Maintains | Positive | Get Alert |
04/19/2024 | DVN | Buy Now | Devon Energy | $52.68 | 13.89% | Piper Sandler | Mark Lear | $59 → $60 | Maintains | Overweight | Get Alert |
04/15/2024 | DVN | Buy Now | Devon Energy | $52.68 | -5.09% | Morgan Stanley | Devin McDermott | $49 → $50 | Maintains | Overweight | Get Alert |
04/11/2024 | DVN | Buy Now | Devon Energy | $52.68 | 17.69% | Citigroup | Scott Gruber | $55 → $62 | Maintains | Buy | Get Alert |
04/11/2024 | DVN | Buy Now | Devon Energy | $52.68 | 27.18% | Scotiabank | Paul Cheng | $53 → $67 | Maintains | Sector Outperform | Get Alert |
04/10/2024 | DVN | Buy Now | Devon Energy | $52.68 | 8.2% | UBS | Josh Silverstein | $48 → $57 | Maintains | Neutral | Get Alert |
04/10/2024 | DVN | Buy Now | Devon Energy | $52.68 | 12% | Barclays | Betty Jiang | → $59 | Initiates | → Equal-Weight | Get Alert |
04/08/2024 | DVN | Buy Now | Devon Energy | $52.68 | 17.69% | JP Morgan | Arun Jayaram | $57 → $62 | Maintains | Overweight | Get Alert |
04/05/2024 | DVN | Buy Now | Devon Energy | $52.68 | 25.28% | Truist Securities | Neal Dingmann | $69 → $66 | Maintains | Buy | Get Alert |
04/01/2024 | DVN | Buy Now | Devon Energy | $52.68 | 12% | Wells Fargo | Roger Read | $46 → $59 | Upgrade | Equal-Weight → Overweight | Get Alert |
03/28/2024 | DVN | Buy Now | Devon Energy | $52.68 | -6.99% | Morgan Stanley | Devin McDermott | $48 → $49 | Maintains | Overweight | Get Alert |
03/22/2024 | DVN | Buy Now | Devon Energy | $52.68 | 23.39% | Stifel | Derrick Whitfield | $75 → $65 | Maintains | Buy | Get Alert |
03/18/2024 | DVN | Buy Now | Devon Energy | $52.68 | 4.4% | Citigroup | Scott Gruber | $52 → $55 | Maintains | Buy | Get Alert |
03/07/2024 | DVN | Buy Now | Devon Energy | $52.68 | 4.4% | RBC Capital | Scott Hanold | → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
01/24/2024 | DVN | Buy Now | Devon Energy | $52.68 | -1.29% | Raymond James | John Freeman | $53 → $52 | Maintains | Outperform | Get Alert |
01/24/2024 | DVN | Buy Now | Devon Energy | $52.68 | 12% | Piper Sandler | Mark Lear | $61 → $59 | Maintains | Overweight | Get Alert |
01/23/2024 | DVN | Buy Now | Devon Energy | $52.68 | 42.37% | Stifel | Derrick Whitfield | $77 → $75 | Maintains | Buy | Get Alert |
The latest price target for Devon Energy (NYSE: DVN) was reported by Stifel on April 23, 2024. The analyst firm set a price target for $66.00 expecting DVN to rise to within 12 months (a possible 25.28% upside). 63 analyst firms have reported ratings in the last year.
The latest analyst rating for Devon Energy (NYSE: DVN) was provided by Stifel, and Devon Energy maintained their buy rating.
The last upgrade for Devon Energy Corp happened on April 1, 2024 when Wells Fargo raised their price target to $59. Wells Fargo previously had an equal-weight for Devon Energy Corp.
The last downgrade for Devon Energy Corp happened on October 17, 2023 when Bernstein 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 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.
While ratings are subjective and will change, the latest Devon Energy (DVN) rating was a maintained with a price target of $65.00 to $66.00. The current price Devon Energy (DVN) is trading at is $52.68, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.