DVN Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

3.69B

-16.24%

0.865

-25.46%

3.58B

-19.66%

1.012

-16.37%

3.55B

-17.1%

0.942

+12.14%

Estimates Revision

The market is revising Upward the revenue expectations for Devon Energy Corporation (DVN) for FY2025, with the revenue forecasts being adjusted by 3.27% over the past three months. During the same period, the stock price has changed by 8.17%.

Revenue Estimates for FY2025

Revise Upward

+3.27%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.74%

In Past 3 Month

Stock Price

Go Up

+8.17%

In Past 3 Month

21 Analyst Rating

Wall Street analysts forecast DVN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DVN is 43.20 USD with a low forecast of 35.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

15 Buy

6 Hold

0 Sell

Moderate Buy

Current: 36.670

Low

35.00

Averages

43.20

High

55.00

Current: 36.670

Low

35.00

Averages

43.20

High

55.00

UBS

Neutral -> Buy

upgrade

$40 -> $46

2025-12-12

New

Reason

UBS

Price Target

$40 -> $46

2025-12-12

New

upgrade

Neutral -> Buy

Reason

UBS upgraded Devon Energy to Buy from Neutral with a price target of $46, up from $40. The firm sees an improving oil back drop in the second half of 2026 and the company's $1B of debt reduction by mid-year as the key catalysts for the shares. Devon's first half of 2026 updates should bring confidence in the company executing the $1B cost reduction strategy by the end of next year, the analyst tells investors in a research note.

Mizuho

Nitin Kumar

Outperform

maintain

$40 -> $43

2025-12-12

New

Reason

Mizuho

Nitin Kumar

Price Target

$40 -> $43

2025-12-12

New

maintain

Outperform

Reason

Mizuho analyst Nitin Kumar raised the firm's price target on Devon Energy to $43 from $40 and keeps an Outperform rating on the shares. The firm adjusted ratings and targets in the exploration and production group as part of its 2026 outlook. While sentiment for U.S. oil and gas names is negative on oil market oversupply and high gas storage, there is "underappreciated value" in the group, particularly in exploration and production on longer-term fundamentals that could start becoming realized in 2026, the analyst tells investors in a research note. Mizuho suggests a reallocation of risk toward oil E&Ps with a selective bias in gas stocks. It turned more neutral on refining.

Morgan Stanley

NULL

Overweight

maintain

$47 -> $48

2025-12-11

New

Reason

Morgan Stanley

Price Target

$47 -> $48

2025-12-11

New

maintain

NULL

Overweight

Reason

Morgan Stanley raised the firm's price target on Devon Energy to $48 from $47 and keeps an Overweight rating on the shares. Within oil, the firm prefers Majors and E&Ps with positive rate of change, such as Devon, the analyst tells investors in a 2026 outlook note for the energy group.

JPMorgan

Neutral -> Overweight

upgrade

$49 -> $44

2025-12-08

Reason

JPMorgan

Price Target

$49 -> $44

2025-12-08

upgrade

Neutral -> Overweight

Reason

JPMorgan upgraded Devon Energy to Overweight from Neutral with a price target of $44, down from $49. The firm adjusted ratings in the exploration and production space as part of its 2026 outlook. JPMorgan sees supply side risks for oil and liquids, but says the "long-awaited demand inflection for natural gas has finally arrived." The magnitude of the crude oil oversupply, plus a potential end to the Russia-Ukraine conflict in 2026, is a "double whammy" for lower oil prices, the analyst tells investors in a research note.

Piper Sandler

Mark Lear

Overweight

downgrade

$57 -> $55

2025-11-18

Reason

Piper Sandler

Mark Lear

Price Target

$57 -> $55

2025-11-18

downgrade

Overweight

Reason

Piper Sandler analyst Mark Lear lowered the firm's price target on Devon Energy to $55 from $57 and keeps an Overweight rating on the shares. The firm updated exploration and production models post the Q3 reports. The sector posted strong results with operations, efficiencies and costs trending in the right direction, but the oil macro environment "still doesn't feel great," the analyst tells investors in a research note. Piper thinks the rally in gas equities "has run a bit too far."

Susquehanna

Positive

maintain

$40 -> $42

2025-11-12

Reason

Susquehanna

Price Target

$40 -> $42

2025-11-12

maintain

Positive

Reason

Susquehanna raised the firm's price target on Devon Energy to $42 from $40 and keeps a Positive rating on the shares. The firm updated its model following Q3 results.

Valuation Metrics

The current forward P/E ratio for Devon Energy Corp (DVN.N) is 9.77, compared to its 5-year average forward P/E of 8.15. For a more detailed relative valuation and DCF analysis to assess Devon Energy Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

8.15

Current PE

9.77

Overvalued PE

10.27

Undervalued PE

6.03

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

4.35

Current EV/EBITDA

4.41

Overvalued EV/EBITDA

5.02

Undervalued EV/EBITDA

3.69

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

1.87

Current PS

1.62

Overvalued PS

2.32

Undervalued PS

1.43

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areSelling! The selling amount has increased 236.94% over the last quarter.

Sold

Bought

Congress Trading

Congress areBuying! The buying amount has increased203.13%over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

DVN News & Events

Events Timeline

No data

News

8.5

12-09NASDAQ.COM

Are Investors in Devon Energy (DVN) Satisfied, or Have They Lost Their Chance?

4.0

12-08SeekingAlpha

Occidental Petroleum Downgraded to Sell Rating, Devon Energy Upgraded by J.P. Morgan

6.0

12-08CNBC

Monday's Top Analyst Recommendations: Nvidia, Apple, Tesla, GM, Carvana, Generac, Five Below, Oracle, and Others

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Frequently Asked Questions

What is Devon Energy Corp (DVN) stock price today?

The current price of DVN is 36.67 USD — it has decreased -2.27 % in the last trading day.

What is Devon Energy Corp (DVN)'s business?

Devon Energy Corporation is an oil and gas producer in the United States with a diversified multi-basin portfolio headlined by an acreage position in the Delaware Basin. The Company is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). It owns a portfolio of assets located in the Delaware Basin, Rockies, Eagle Ford and Anadarko Basin. The Delaware Basin operates in southeast New Mexico and across the state line into west Texas. It offers exploration and development opportunities from many geologic reservoirs and play types, including the oil-rich Wolfcamp, Bone Spring, Avalon and Delaware formations. Its Rockies development consists of its Williston Basin and Powder River Basin assets. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin development is located in western Oklahoma. It has a joint venture with Dow to develop a portion of its Anadarko Basin acreage.

What is the price predicton of DVN Stock?

What is Devon Energy Corp (DVN)'s revenue for the last quarter?

Devon Energy Corp revenue for the last quarter amounts to 4.25B USD, increased 11.96 % YoY.

What is Devon Energy Corp (DVN)'s earnings per share (EPS) for the last quarter?

Devon Energy Corp. EPS for the last quarter amounts to 1.09 USD, decreased -16.15 % YoY.

What changes have occurred in the market's expectations for Devon Energy Corp (DVN)'s fundamentals?

How many employees does Devon Energy Corp (DVN). have?

Devon Energy Corp (DVN) has 2300 emplpoyees as of December 15 2025.

What is Devon Energy Corp (DVN) market cap?

Today DVN has the market capitalization of 23.54B USD.