What is the analyst consensus rating for DVN?

The analyst consensus rating for DVN is "Buy" based on 29 analyst recommendations.

What is the average price target for DVN?

The average 12-month price target for DVN is $58.15, representing an upside of 28.4% from the current price of $45.29.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Devon Energy Corporation (DVN) Forecast: Analyst Ratings & Targets

Latest DVN Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Jul 9, 2026	Gabriel Daoud	Truist	Maintains	Buy	$66.00 → $61.00 -5.00 (-7.6%)
Jul 9, 2026	Scott Hanold	RBC Capital	Maintains	Hold	$59.00
Jul 8, 2026	Arun Jayaram	JP Morgan	Reiterates	Buy	$62.00 → $55.00 -7.00 (-11.3%)
Jul 7, 2026	Betty Jiang	Barclays	Maintains	Buy	$62.00
Jul 5, 2026	John Dorfman	TheStreet.com	Initiates Coverage	Buy	-
Jul 3, 2026	Sam Margolin	Wells Fargo	Maintains	Buy	$68.00
Jun 29, 2026	Devin McDermott	Morgan Stanley	Maintains	Buy	$66.00 → $63.00 -3.00 (-4.5%)
Jun 25, 2026	Neil Mehta	Goldman Sachs	Initiates	Buy	$54.00
Jun 24, 2026	Neil Mehta	Goldman Sachs	Initiates	Buy	$54.00
Jun 18, 2026	Gabriel Daoud	Truist	Maintains	Buy	-
Jun 15, 2026	John Freeman	Raymond James	Reiterates	Buy	$72.00 → $66.00 -6.00 (-8.3%)
Jun 12, 2026	Devin McDermott	Morgan Stanley	Reiterates	Buy	$66.00
Jun 10, 2026	Gabriele Sorbara	Siebert Williams Shank	Maintains	Buy	$67.00
Jun 10, 2026	Nicholas Pope	Roth MKM	Reiterates	Buy	$57.00
Jun 10, 2026	Neal Dingmann	William Blair	Maintains	Buy	-
Jun 10, 2026	Gabriel Daoud	Truist	Maintains	Buy	-
Jun 10, 2026	Phillip Jungwirth	BMO Capital	Maintains	Buy	$60.00 → $65.00 +5.00 (8.3%)
Jun 10, 2026	Josh Silverstein	UBS	Reiterates	Buy	$60.00 → $58.00 -2.00 (-3.3%)
Jun 10, 2026	Chris Baker	Evercore ISI Group	Upgrades	Buy	$54.00
Jun 8, 2026	Betty Jiang	Barclays	Maintains	Buy	$62.00
Jun 8, 2026	Arun Jayaram	JP Morgan	Initiates	Buy	$62.00
May 27, 2026	Nitin Kumar CFA	Mizuho	Maintains	Buy	$62.00 → $68.00 +6.00 (9.7%)
May 22, 2026	Google Oil and Gas Exploration and Production	TipRanks - Google	Reiterates	Buy	$50.00 → $52.00 +2.00 (4.0%)
May 22, 2026	PerPlexity Oil and Gas Exploration and Production	TipRanks - PerPlexity	Upgrades	Hold	$51.00
May 22, 2026	Anthropic Oil and Gas Exploration and Production	TipRanks - Anthropic	Reiterates	Hold	$47.00 → $49.00 +2.00 (4.3%)
May 22, 2026	DeepSeek Oil and Gas Exploration and Production	TipRanks - DeepSeek	Reiterates	Hold	$49.00 → $51.00 +2.00 (4.1%)
May 22, 2026	xAi Oil and Gas Exploration and Production	TipRanks - xAI	Reiterates	Buy	$51.00 → $53.00 +2.00 (3.9%)
May 22, 2026	OpenAI Oil and Gas Exploration and Production	TipRanks - OpenAI	Reiterates	Hold	$50.00 → $52.00 +2.00 (4.0%)
May 22, 2026	Scott Hanold	RBC Capital	Maintains	Hold	$59.00
May 21, 2026	Scott Gruber	Citi	Maintains	Buy	$60.00 → $65.00 +5.00 (8.3%)
May 19, 2026	UK	Investing.com	Initiates Coverage	Buy	-
May 17, 2026	Lloyd Byrne	Jefferies	Maintains	Buy	$62.00 → $63.00 +1.00 (1.6%)
May 11, 2026	Bob Brackett	Bernstein	Maintains	Buy	$59.00
May 8, 2026	Charles Minervino	Susquehanna	Initiates Coverage	Buy	$45.31 → $57.00 +11.69 (25.8%)
May 6, 2026	Betty Zhang	Scotiabank	Maintains	Hold	$46.00
Apr 27, 2026	Kalei Akamine	BofA Securities	Maintains	Buy	$53.00 → $57.00 +4.00 (7.5%)

Gabriel Daoud

Truist

BuyMaintains

$66.00 → $61.00

Jul 9

Scott Hanold

RBC Capital

HoldMaintains

$59.00

Jul 9

Arun Jayaram

JP Morgan

BuyReiterates

$62.00 → $55.00

Jul 8

Betty Jiang

Barclays

BuyMaintains

$62.00

Jul 7

John Dorfman

TheStreet.com

BuyInitiates Coverage

Jul 5

Sam Margolin

Wells Fargo

BuyMaintains

$68.00

Jul 3

Devin McDermott

Morgan Stanley

BuyMaintains

$66.00 → $63.00

Jun 29

Neil Mehta

Goldman Sachs

BuyInitiates

$54.00

Jun 25

Neil Mehta

Goldman Sachs

BuyInitiates

$54.00

Jun 24

Gabriel Daoud

Truist

BuyMaintains

Jun 18

John Freeman

Raymond James

BuyReiterates

$72.00 → $66.00

Jun 15

Devin McDermott

Morgan Stanley

BuyReiterates

$66.00

Jun 12

Gabriele Sorbara

Siebert Williams Shank

BuyMaintains

$67.00

Jun 10

Nicholas Pope

Roth MKM

BuyReiterates

$57.00

Jun 10

Neal Dingmann

William Blair

BuyMaintains

Jun 10

Gabriel Daoud

Truist

BuyMaintains

Jun 10

Phillip Jungwirth

BMO Capital

BuyMaintains

$60.00 → $65.00

Jun 10

Josh Silverstein

UBS

BuyReiterates

$60.00 → $58.00

Jun 10

Chris Baker

Evercore ISI Group

BuyUpgrades

$54.00

Jun 10

Betty Jiang

Barclays

BuyMaintains

$62.00

Jun 8

Arun Jayaram

JP Morgan

BuyInitiates

$62.00

Jun 8

Nitin Kumar CFA

Mizuho

BuyMaintains

$62.00 → $68.00

May 27

Google Oil and Gas Exploration and Production

TipRanks - Google

BuyReiterates

$50.00 → $52.00

May 22

PerPlexity Oil and Gas Exploration and Production

TipRanks - PerPlexity

HoldUpgrades

$51.00

May 22

Anthropic Oil and Gas Exploration and Production

TipRanks - Anthropic

HoldReiterates

$47.00 → $49.00

May 22

DeepSeek Oil and Gas Exploration and Production

TipRanks - DeepSeek

HoldReiterates

$49.00 → $51.00

May 22

xAi Oil and Gas Exploration and Production

TipRanks - xAI

BuyReiterates

$51.00 → $53.00

May 22

OpenAI Oil and Gas Exploration and Production

TipRanks - OpenAI

HoldReiterates

$50.00 → $52.00

May 22

Scott Hanold

RBC Capital

HoldMaintains

$59.00

May 22

Scott Gruber

Citi

BuyMaintains

$60.00 → $65.00

May 21

Investing.com

BuyInitiates Coverage

May 19

Lloyd Byrne

Jefferies

BuyMaintains

$62.00 → $63.00

May 17

Bob Brackett

Bernstein

BuyMaintains

$59.00

May 11

Charles Minervino

Susquehanna

BuyInitiates Coverage

$45.31 → $57.00

May 8

Betty Zhang

Scotiabank

HoldMaintains

$46.00

May 6

Kalei Akamine

BofA Securities

BuyMaintains

$53.00 → $57.00

Apr 27

Devon Energy Corporation (DVN) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest DVN Analyst Ratings & Recommendations

Frequently Asked Questions