Consensus Rating1
Outperform
Highest Price Target1
$66.00
Lowest Price Target1
$42.00
Consensus Price Target1
$48.50

Devon Energy Analyst Ratings and Price Targets | NYSE:DVN | Benzinga

Devon Energy Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Devon Energy Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
3
1
Dec 24
5
Jan
2
1
Feb
3
1
Mar
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Morgan Stanley
JP Morgan
Raymond James
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Devon Energy

Buy NowGet Alert
04/04/2025Buy NowCitigroup
Scott Gruber63%
$46 → $43MaintainsBuyGet Alert
03/27/2025Buy NowMorgan Stanley
Devin McDermott80%
$51 → $47MaintainsOverweightGet Alert
03/17/2025Buy NowCitigroup
Scott Gruber63%
$48 → $46MaintainsBuyGet Alert
03/13/2025Buy NowJP Morgan
Arun Jayaram66%
$48 → $42MaintainsNeutralGet Alert
03/10/2025Buy NowRaymond James
John Freeman79%
$54 → $46MaintainsOutperformGet Alert
02/24/2025Buy NowPiper Sandler
Mark Lear64%
$54 → $55MaintainsOverweightGet Alert
02/20/2025Buy NowSusquehanna
Biju Perincheril46%
$50 → $52MaintainsPositiveGet Alert
02/20/2025Buy NowTruist Securities
Neal Dingmann68%
$42 → $44MaintainsHoldGet Alert
02/20/2025Buy NowBenchmark
Subash Chandra72%
$44 → $44ReiteratesBuy → BuyGet Alert
02/20/2025Buy NowBarclays
Betty Jiang54%
$43 → $44MaintainsEqual-WeightGet Alert
01/29/2025Buy NowPiper Sandler
Mark Lear64%
$53 → $54MaintainsOverweightGet Alert
01/23/2025Buy NowRaymond James
John Freeman79%
$53 → $54MaintainsOutperformGet Alert
01/15/2025Buy NowBernstein
Bob Brackett71%
$45 → $45UpgradeMarket Perform → OutperformGet Alert
01/14/2025Buy NowBenchmark
Subash Chandra72%
$44 → $44UpgradeHold → BuyGet Alert
01/13/2025Buy NowTruist Securities
Neal Dingmann68%
$43 → $42MaintainsHoldGet Alert
01/10/2025Buy NowRBC Capital
Scott Hanold61%
$50 → $50ReiteratesSector Perform → Sector PerformGet Alert
01/03/2025Buy NowWolfe Research
Doug Leggate73%
UpgradePeer Perform → OutperformGet Alert
12/17/2024Buy NowPiper Sandler
Mark Lear64%
$57 → $53MaintainsOverweightGet Alert
12/17/2024Buy NowWells Fargo
Roger Read67%
$49 → $43MaintainsOverweightGet Alert
12/16/2024Buy NowMizuho
Nitin Kumar50%
$51 → $47MaintainsOutperformGet Alert
12/04/2024Buy NowJP Morgan
Arun Jayaram66%
DowngradeOverweight → NeutralGet Alert
11/26/2024Buy NowCitigroup
Scott Gruber63%
$55 → $48MaintainsBuyGet Alert
11/18/2024Buy NowPiper Sandler
Mark Lear64%
$56 → $57MaintainsOverweightGet Alert
11/07/2024Buy NowWells Fargo
Roger Read67%
$50 → $49MaintainsOverweightGet Alert
11/07/2024Buy NowTruist Securities
Neal Dingmann68%
$49 → $43DowngradeBuy → HoldGet Alert
10/18/2024Buy NowSusquehanna
Biju Perincheril46%
$63 → $62MaintainsPositiveGet Alert
10/15/2024Buy NowBenchmark
Subash Chandra72%
Reiterates → HoldGet Alert
10/15/2024Buy NowPiper Sandler
Mark Lear64%
$57 → $56MaintainsOverweightGet Alert
10/10/2024Buy NowScotiabank
Paul Cheng54%
$60 → $48MaintainsSector OutperformGet Alert
10/09/2024Buy NowMizuho
Nitin Kumar50%
$53 → $51MaintainsOutperformGet Alert
10/04/2024Buy NowBMO Capital
Phillip Jungwirth64%
$52 → $48MaintainsOutperformGet Alert
10/03/2024Buy NowBarclays
Betty Jiang54%
$55 → $46MaintainsEqual-WeightGet Alert
10/03/2024Buy NowJefferies
Anthony Linton38%
→ $45Initiates → HoldGet Alert
10/01/2024Buy NowWells Fargo
Roger Read67%
$55 → $50MaintainsOverweightGet Alert
09/30/2024Buy NowEvercore ISI Group
Stephen Richardson64%
$55 → $50MaintainsIn-LineGet Alert
09/30/2024Buy NowTruist Securities
Neal Dingmann68%
$60 → $49MaintainsBuyGet Alert
09/18/2024Buy NowUBS
Josh Silverstein59%
$53 → $47MaintainsNeutralGet Alert
09/16/2024Buy NowMorgan Stanley
Devin McDermott80%
$55 → $51MaintainsOverweightGet Alert
09/12/2024Buy NowJP Morgan
Arun Jayaram66%
$64 → $51MaintainsOverweightGet Alert
09/04/2024Buy NowSusquehanna
Biju Perincheril46%
$65 → $63MaintainsPositiveGet Alert
09/03/2024Buy NowRBC Capital
Scott Hanold61%
$57 → $57ReiteratesSector Perform → Sector PerformGet Alert
08/15/2024Buy NowPiper Sandler
Mark Lear64%
$65 → $57MaintainsOverweightGet Alert
08/14/2024Buy NowWells Fargo
Roger Read67%
$57 → $55MaintainsOverweightGet Alert
07/23/2024Buy NowWells Fargo
Roger Read67%
$60 → $57MaintainsOverweightGet Alert
07/18/2024Buy NowWolfe Research
Doug Leggate73%
Reinstates → Peer PerformGet Alert
07/17/2024Buy NowBernstein
Bob Brackett71%
$48 → $43MaintainsMarket PerformGet Alert
07/12/2024Buy NowScotiabank
Paul Cheng54%
$67 → $60MaintainsSector OutperformGet Alert
07/09/2024Buy NowSusquehanna
Biju Perincheril46%
$65 → $65MaintainsPositiveGet Alert
07/09/2024Buy NowTruist Securities
Neal Dingmann68%
$67 → $64MaintainsBuyGet Alert
07/09/2024Buy NowRBC Capital
Scott Hanold61%
$57 → $57ReiteratesSector Perform → Sector PerformGet Alert
07/09/2024Buy NowMorgan Stanley
Devin McDermott80%
$52 → $54MaintainsOverweightGet Alert
07/08/2024Buy NowJP Morgan
Arun Jayaram66%
$62 → $64MaintainsOverweightGet Alert
06/14/2024Buy NowB of A Securities
Noah Hungness47%
→ $64Reinstates → BuyGet Alert
05/14/2024Buy NowPiper Sandler
Mark Lear64%
$60 → $61MaintainsOverweightGet Alert
05/13/2024Buy NowMizuho
Nitin Kumar50%
$57 → $61MaintainsBuyGet Alert
05/09/2024Buy NowRBC Capital
Scott Hanold61%
$55 → $57MaintainsSector PerformGet Alert
05/03/2024Buy NowTruist Securities
Neal Dingmann68%
$69 → $67MaintainsBuyGet Alert
05/02/2024Buy NowMizuho
Nitin Kumar50%
$53 → $57MaintainsBuyGet Alert
04/23/2024Buy NowStifel
Derrick Whitfield57%
$65 → $66MaintainsBuyGet Alert
04/22/2024Buy NowTruist Securities
Neal Dingmann68%
$66 → $69MaintainsBuyGet Alert
04/22/2024Buy NowSusquehanna
Biju Perincheril46%
$52 → $65MaintainsPositiveGet Alert
04/19/2024Buy NowPiper Sandler
Mark Lear64%
$59 → $60MaintainsOverweightGet Alert
04/15/2024Buy NowMorgan Stanley
Devin McDermott80%
$49 → $50MaintainsOverweightGet Alert
04/11/2024Buy NowCitigroup
Scott Gruber63%
$55 → $62MaintainsBuyGet Alert
04/11/2024Buy NowScotiabank
Paul Cheng54%
$53 → $67MaintainsSector OutperformGet Alert
04/10/2024Buy NowUBS
Josh Silverstein59%
$48 → $57MaintainsNeutralGet Alert
04/10/2024Buy NowBarclays
Betty Jiang54%
→ $59Initiates → Equal-WeightGet Alert
04/08/2024Buy NowJP Morgan
Arun Jayaram66%
$57 → $62MaintainsOverweightGet Alert
04/05/2024Buy NowTruist Securities
Neal Dingmann68%
$69 → $66MaintainsBuyGet Alert
04/01/2024Buy NowWells Fargo
Roger Read67%
$46 → $59UpgradeEqual-Weight → OverweightGet Alert
03/28/2024Buy NowMorgan Stanley
Devin McDermott80%
$48 → $49MaintainsOverweightGet Alert
03/22/2024Buy NowStifel
Derrick Whitfield57%
$75 → $65MaintainsBuyGet Alert
03/18/2024Buy NowCitigroup
Scott Gruber63%
$52 → $55MaintainsBuyGet Alert
03/07/2024Buy NowRBC Capital
Scott Hanold61%
$55 → $55ReiteratesSector Perform → Sector PerformGet Alert
01/24/2024Buy NowRaymond James
John Freeman79%
$53 → $52MaintainsOutperformGet Alert
01/24/2024Buy NowPiper Sandler
Mark Lear64%
$61 → $59MaintainsOverweightGet Alert
01/23/2024Buy NowStifel
Derrick Whitfield57%
$77 → $75MaintainsBuyGet Alert
01/11/2024Buy NowMizuho
Nitin Kumar50%
$54 → $53MaintainsBuyGet Alert
12/19/2023Buy NowRaymond James
John Freeman79%
$61 → $53MaintainsOutperformGet Alert
12/14/2023Buy NowUBS
Josh Silverstein59%
$52 → $48MaintainsNeutralGet Alert
12/11/2023Buy NowMorgan Stanley
Devin McDermott80%
$48 → $52UpgradeEqual-Weight → OverweightGet Alert
12/06/2023Buy NowJP Morgan
Arun Jayaram66%
$57 → $58UpgradeNeutral → OverweightGet Alert
11/29/2023Buy NowMorgan Stanley
Devin McDermott80%
$50 → $48MaintainsEqual-WeightGet Alert
11/27/2023Buy NowStifel
Derrick Whitfield57%
$79 → $77MaintainsBuyGet Alert
11/22/2023Buy NowWells Fargo
Roger Read67%
$50 → $48MaintainsEqual-WeightGet Alert
11/16/2023Buy NowPiper Sandler
Mark Lear64%
$67 → $61MaintainsOverweightGet Alert
11/15/2023Buy NowRBC Capital
Scott Hanold61%
$60 → $55MaintainsSector PerformGet Alert
11/14/2023Buy NowUBS
Josh Silverstein59%
$54 → $52MaintainsNeutralGet Alert
11/09/2023Buy NowTruist Securities
Neal Dingmann68%
$68 → $65MaintainsBuyGet Alert
10/20/2023Buy NowWells Fargo
Roger Read67%
$51 → $50MaintainsEqual-WeightGet Alert
10/18/2023Buy NowSusquehanna
Biju Perincheril46%
$72 → $62MaintainsPositiveGet Alert
10/17/2023Buy NowMorgan Stanley
Devin McDermott80%
$51 → $50MaintainsEqual-WeightGet Alert
10/17/2023Buy NowBernstein
Bob Brackett71%
DowngradeOutperform → Market PerformGet Alert
10/12/2023Buy NowMizuho
Nitin Kumar50%
$62 → $58MaintainsBuyGet Alert
10/10/2023Buy NowUBS
Josh Silverstein59%
$55 → $54MaintainsNeutralGet Alert
10/02/2023Buy NowMorgan Stanley
Devin McDermott80%
$50 → $51MaintainsEqual-WeightGet Alert
09/20/2023Buy NowCitigroup
Scott Gruber63%
$57 → $55MaintainsBuyGet Alert
09/18/2023Buy NowMizuho
Nitin Kumar50%
$60 → $62MaintainsBuyGet Alert
09/01/2023Buy NowWells Fargo
Roger Read67%
$52 → $51MaintainsEqual-WeightGet Alert
08/25/2023Buy NowStifel
Derrick Whitfield57%
$77 → $79MaintainsBuyGet Alert

FAQ

Q

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

A

The latest price target for Devon Energy (NYSE:DVN) was reported by Citigroup on April 4, 2025. The analyst firm set a price target for $43.00 expecting DVN to rise to within 12 months (a possible 49.31% upside). 68 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 Citigroup, 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 January 15, 2025 when Bernstein raised their price target to $45. Bernstein previously had a market perform for Devon Energy Corp.

Q

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

A

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.

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 4, 2025 so you should expect the next rating to be made available sometime around April 4, 2026.

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 $46.00 to $43.00. The current price Devon Energy (DVN) is trading at is $28.80, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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