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Devon Energy

DVNNYSE
Logo brought to you by Benzinga Data
$30.93
0.160.52%
Pre-Market: Dec 20, 7:58 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$66.00
Lowest Price Target1
$43.00
Consensus Price Target1
$51.11

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

Devon Energy Corp has a consensus price target of $51.11 based on the ratings of 22 analysts. The high is $66 issued by Stifel on April 23, 2024. The low is $43 issued by Wells Fargo on December 17, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Wells Fargo, and Mizuho on December 17, 2024, December 17, 2024, and December 16, 2024, respectively. With an average price target of $47.67 between Piper Sandler, Wells Fargo, and Mizuho, there's an implied 54.11% upside for Devon Energy Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
3
1
Sep
4
1
Oct
3
Nov
3
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Wells Fargo
Mizuho
Citigroup
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Devon Energy

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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 Piper Sandler on December 17, 2024. The analyst firm set a price target for $53.00 expecting DVN to rise to within 12 months (a possible 71.35% upside). 61 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 Piper Sandler, and Devon Energy maintained their overweight 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 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 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 $57.00 to $53.00. The current price Devon Energy (DVN) is trading at is $30.93, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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