Devon Energy
(NYSE:DVN)
$52.6805
0.0705[0.13%]
At close: Apr 26
$52.6805
0[0.00%]
After Hours: 7:44PM EDT
Q1 2024 Earnings in 4 days from now on Wed May 1st, after the market close
Conference call scheduled in 5 days at 11:00 AM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$90.00
Lowest Price Target1
$50.00
Consensus Price Target1
$61.29

Devon Energy Stock (NYSE:DVN), Analyst Ratings, Price Targets, Predictions

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.

Analyst Trend
3
3
Nov 23
3
1
Dec 23
4
Jan
3
Mar
8
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
Truist Securities
Susquehanna
Piper Sandler
Morgan Stanley

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Devon Energy

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/23/2024DVNBuy Now
Devon Energy
$52.6825.28%Stifel
Derrick Whitfield
$65 → $66MaintainsBuyGet Alert
04/22/2024DVNBuy Now
Devon Energy
$52.6830.98%Truist Securities
Neal Dingmann
$66 → $69MaintainsBuyGet Alert
04/22/2024DVNBuy Now
Devon Energy
$52.6823.39%Susquehanna
Biju Perincheril
$52 → $65MaintainsPositiveGet Alert
04/19/2024DVNBuy Now
Devon Energy
$52.6813.89%Piper Sandler
Mark Lear
$59 → $60MaintainsOverweightGet Alert
04/15/2024DVNBuy Now
Devon Energy
$52.68-5.09%Morgan Stanley
Devin McDermott
$49 → $50MaintainsOverweightGet Alert
04/11/2024DVNBuy Now
Devon Energy
$52.6817.69%Citigroup
Scott Gruber
$55 → $62MaintainsBuyGet Alert
04/11/2024DVNBuy Now
Devon Energy
$52.6827.18%Scotiabank
Paul Cheng
$53 → $67MaintainsSector OutperformGet Alert
04/10/2024DVNBuy Now
Devon Energy
$52.688.2%UBS
Josh Silverstein
$48 → $57MaintainsNeutralGet Alert
04/10/2024DVNBuy Now
Devon Energy
$52.6812%Barclays
Betty Jiang
→ $59Initiates → Equal-WeightGet Alert
04/08/2024DVNBuy Now
Devon Energy
$52.6817.69%JP Morgan
Arun Jayaram
$57 → $62MaintainsOverweightGet Alert
04/05/2024DVNBuy Now
Devon Energy
$52.6825.28%Truist Securities
Neal Dingmann
$69 → $66MaintainsBuyGet Alert
04/01/2024DVNBuy Now
Devon Energy
$52.6812%Wells Fargo
Roger Read
$46 → $59UpgradeEqual-Weight → OverweightGet Alert
03/28/2024DVNBuy Now
Devon Energy
$52.68-6.99%Morgan Stanley
Devin McDermott
$48 → $49MaintainsOverweightGet Alert
03/22/2024DVNBuy Now
Devon Energy
$52.6823.39%Stifel
Derrick Whitfield
$75 → $65MaintainsBuyGet Alert
03/18/2024DVNBuy Now
Devon Energy
$52.684.4%Citigroup
Scott Gruber
$52 → $55MaintainsBuyGet Alert
03/07/2024DVNBuy Now
Devon Energy
$52.684.4%RBC Capital
Scott Hanold
→ $55ReiteratesSector Perform → Sector PerformGet Alert
01/24/2024DVNBuy Now
Devon Energy
$52.68-1.29%Raymond James
John Freeman
$53 → $52MaintainsOutperformGet Alert
01/24/2024DVNBuy Now
Devon Energy
$52.6812%Piper Sandler
Mark Lear
$61 → $59MaintainsOverweightGet Alert
01/23/2024DVNBuy Now
Devon Energy
$52.6842.37%Stifel
Derrick Whitfield
$77 → $75MaintainsBuyGet Alert

FAQ

Q

What is the target price for Devon Energy (DVN)?

A

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.

Q

What is the most recent analyst rating for Devon Energy (DVN)?

A

The latest analyst rating for Devon Energy (NYSE: DVN) was provided by Stifel, and Devon Energy maintained their buy rating.

Q

When was the last upgrade for Devon Energy (DVN)?

A

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.

Q

When was the last downgrade for Devon Energy (DVN)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Devon Energy (DVN)?

A

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.

Q

Is the Analyst Rating Devon Energy (DVN) correct?

A

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.

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