Devon Energy Corporation (DVN) Analyst Ratings & Price Targets

Devon Energy Corporation

DVN · NYSE

Analyst Consensus

Buy

23 analysts

$50

Current

$66

Low

$60

Average

$66

High

Average target implies +20.60% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is Buy across 23 analysts, with a mean price target of $60; low and high targets are unavailable, so the breadth of the formal range cannot be measured. The named targets cluster from UBS at $58 to Raymond James at $66, making Raymond James the most bullish and UBS the least bullish among specifically identified firms. Other services cite materially different averages, including $52.61, $53.94, $58.81 and $61.28. The evidence describes revisions as mixed but modestly downward overall, citing UBS's cut to $58 alongside several increases between $54 and $68. No dated revision during this supplied week is identified. The substantive disagreement centers on earnings growth versus negative free cash flow and valuation dispersion.

Rating Actions

1 firm captured

Firm	Analyst	Rating	Price Target	Upside	Date	Source
Raymond James	—	Unrated Set price target at $66.00	$66	+32.7%	Jun 15, 2026	Open the report this row came from

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Devon Energy (DVN) Q2 Earnings and Revenues Beat EstimatesZacks
Bullish

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

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MIZUHO SECURITI

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PIPER SANDLER

RAYMOND JAMES

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STIFEL NICOLAUS

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UBS

WELLS FARGO SEC

ZACKS RESEARCH

Symbol: DVN
Type: Stock
Sector: Energy
Industry: Crude Petroleum & Natural Gas
Exchange: NYSE

Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon's disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations.

Key Issues

Bullish view

Devon beat second-quarter earnings estimates by 20.77% and revenue estimates by 17.76%, while FY2025 revenue rose to $16.8 billion from $15.9 billion.

Bearish view

FY2025 net income declined to $2.6 billion from $2.9 billion despite higher revenue, indicating that growth has not translated consistently into bottom-line expansion.

Analyst Consensus

See all

Buy

23 analysts

$50

Current

$66

Low

$60

Average

$66

High

Average target implies +20.60% versus the current price.

Earnings History

BeatMissNo estimate

Devon Energy Corporation

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers