What is the analyst consensus rating for DVN?

The analyst consensus rating for DVN is "Buy" based on 28 analyst recommendations.

What is the average price target for DVN?

The average 12-month price target for DVN is $51.27, representing an upside of 3.6% from the current price of $49.49.

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
Mar 30, 2026	Scott Gruber	Citi	Maintains	Strong Buy	$44.00 → $60.00 +16.00 (36.4%)
Mar 27, 2026	Devin McDermott	Morgan Stanley	Maintains	Buy	$46.00 → $59.00 +13.00 (28.3%)
Mar 24, 2026	Gabe Daoud	Truist	Initiates	Strong Buy	$63.00
Mar 17, 2026	Nitin Kumar	Mizuho	Maintains	Buy	$51.00 → $62.00 +11.00 (21.6%)
Mar 17, 2026	Robert Hodges	TD Cowen	Maintains	Hold	$46.00 → $50.00 +4.00 (8.7%)
Mar 16, 2026	Betty Jiang	Barclays	Maintains	Buy	$52.00 → $54.00 +2.00 (3.9%)
Mar 12, 2026	Mark Lear	Piper Sandler	Maintains	Buy	$59.00 → $67.00 +8.00 (13.6%)
Mar 6, 2026	Mike Zaccardi, CFA, CMT	Investing.com	Initiates Coverage	Buy	-
Mar 5, 2026	Mark Lear	Piper Sandler	Maintains	Buy	$55.00 → $59.00 +4.00 (7.3%)
Mar 5, 2026	Josh Silverstein	UBS	Maintains	Strong Buy	$50.00 → $55.00 +5.00 (10.0%)
Feb 23, 2026	Paul Cheng	Scotiabank	Maintains	Hold	$45.00 → $41.00 -4.00 (-8.9%)
Feb 23, 2026	Betty Jiang	Barclays	Maintains	Buy	$50.00 → $52.00 +2.00 (4.0%)
Feb 20, 2026	Biju Perincheril	Susquehanna	Maintains	Buy	$47.00 → $52.00 +5.00 (10.6%)
Feb 20, 2026	Hanwen Chang	Wells Fargo	Maintains	Buy	$43.00 → $51.00 +8.00 (18.6%)
Feb 19, 2026	Google Oil and Gas Exploration and Production	TipRanks - Google	Reiterates	Buy	$46.00 → $52.00 +6.00 (13.0%)
Feb 19, 2026	PerPlexity Oil and Gas Exploration and Production	TipRanks - PerPlexity	Reiterates	Buy	$45.00 → $50.00 +5.00 (11.1%)
Feb 19, 2026	Anthropic Oil and Gas Exploration and Production	TipRanks - Anthropic	Reiterates	Buy	$45.00 → $49.00 +4.00 (8.9%)
Feb 19, 2026	DeepSeek Oil and Gas Exploration and Production	TipRanks - DeepSeek	Reiterates	Buy	$45.00 → $51.00 +6.00 (13.3%)
Feb 19, 2026	xAi Oil and Gas Exploration and Production	TipRanks - xAI	Reiterates	Buy	$45.00 → $51.00 +6.00 (13.3%)
Feb 19, 2026	OpenAI Oil and Gas Exploration and Production	TipRanks - OpenAI	Reiterates	Buy	$45.00 → $50.00 +5.00 (11.1%)
Feb 19, 2026	Nicholas Pope	Roth MKM	Reiterates	Buy	$42.00 → $50.00 +8.00 (19.1%)
Feb 18, 2026	Gabriele Sorbara	Siebert Williams Shank	Maintains	Buy	$55.00
Feb 18, 2026	Paul Cheng	Scotiabank	Maintains	Hold	$41.00 → $45.00 +4.00 (9.8%)
Feb 18, 2026	Nitin Kumar CFA	Mizuho	Maintains	Buy	$51.00
Feb 18, 2026	Mark Lear	Piper Sandler	Maintains	Buy	$55.00
Feb 17, 2026	Neal Dingmann	William Blair	Maintains	Buy	-
Feb 17, 2026	Kalei Akamine	BofA Securities	Maintains	Buy	$46.00
Feb 13, 2026	Bob Brackett	Bernstein	Maintains	Buy	$42.00
Feb 4, 2026	Betty Jiang	Barclays	Upgrades	Buy	$42.00 → $50.00 +8.00 (19.1%)
Feb 4, 2026	Josh Silverstein	UBS	Maintains	Buy	$46.00 → $50.00 +4.00 (8.7%)
Feb 3, 2026	Paul Cheng	Scotiabank	Maintains	Hold	$41.00 → $45.00 +4.00 (9.8%)
Feb 3, 2026	Biju Perincheril	Susquehanna	Maintains	Buy	$45.00 → $47.00 +2.00 (4.4%)
Feb 2, 2026	Phillip Jungwirth	BMO Capital	Maintains	Buy	$45.00
Feb 2, 2026	Scott Hanold	RBC Capital	Maintains	Hold	$42.00
Jan 27, 2026	Hanwen Chang	Wells Fargo	Maintains	Buy	$37.00 → $43.00 +6.00 (16.2%)
Jan 26, 2026	Biju Perincheril	Susquehanna	Maintains	Buy	$42.00 → $45.00 +3.00 (7.1%)
Jan 23, 2026	Devin McDermott	Morgan Stanley	Maintains	Buy	$48.00 → $46.00 -2.00 (-4.2%)
Jan 21, 2026	Betty Jiang	Barclays	Maintains	Hold	$40.00 → $42.00 +2.00 (5.0%)
Jan 16, 2026	Paul Cheng	Scotiabank	Downgrades	Hold	$47.00 → $41.00 -6.00 (-12.8%)
Jan 16, 2026	Subash Chandra	Benchmark Co.	Maintains	Buy	$44.00
Jan 15, 2026	Arun Jayaram	JP Morgan	Maintains	Buy	$41.00
Jan 5, 2026	Bob Brackett	Bernstein	Maintains	Buy	$48.00 → $42.00 -6.00 (-12.5%)

Scott Gruber

Citi

Strong BuyMaintains

$44.00 → $60.00

Mar 30

Devin McDermott

Morgan Stanley

BuyMaintains

$46.00 → $59.00

Mar 27

Gabe Daoud

Truist

Strong BuyInitiates

$63.00

Mar 24

Nitin Kumar

Mizuho

BuyMaintains

$51.00 → $62.00

Mar 17

Robert Hodges

TD Cowen

HoldMaintains

$46.00 → $50.00

Mar 17

Betty Jiang

Barclays

BuyMaintains

$52.00 → $54.00

Mar 16

Mark Lear

Piper Sandler

BuyMaintains

$59.00 → $67.00

Mar 12

Mike Zaccardi, CFA, CMT

Investing.com

BuyInitiates Coverage

Mar 6

Mark Lear

Piper Sandler

BuyMaintains

$55.00 → $59.00

Mar 5

Josh Silverstein

UBS

Strong BuyMaintains

$50.00 → $55.00

Mar 5

Paul Cheng

Scotiabank

HoldMaintains

$45.00 → $41.00

Feb 23

Betty Jiang

Barclays

BuyMaintains

$50.00 → $52.00

Feb 23

Biju Perincheril

Susquehanna

BuyMaintains

$47.00 → $52.00

Feb 20

Hanwen Chang

Wells Fargo

BuyMaintains

$43.00 → $51.00

Feb 20

Google Oil and Gas Exploration and Production

TipRanks - Google

BuyReiterates

$46.00 → $52.00

Feb 19

PerPlexity Oil and Gas Exploration and Production

TipRanks - PerPlexity

BuyReiterates

$45.00 → $50.00

Feb 19

Anthropic Oil and Gas Exploration and Production

TipRanks - Anthropic

BuyReiterates

$45.00 → $49.00

Feb 19

DeepSeek Oil and Gas Exploration and Production

TipRanks - DeepSeek

BuyReiterates

$45.00 → $51.00

Feb 19

xAi Oil and Gas Exploration and Production

TipRanks - xAI

BuyReiterates

$45.00 → $51.00

Feb 19

OpenAI Oil and Gas Exploration and Production

TipRanks - OpenAI

BuyReiterates

$45.00 → $50.00

Feb 19

Nicholas Pope

Roth MKM

BuyReiterates

$42.00 → $50.00

Feb 19

Gabriele Sorbara

Siebert Williams Shank

BuyMaintains

$55.00

Feb 18

Paul Cheng

Scotiabank

HoldMaintains

$41.00 → $45.00

Feb 18

Nitin Kumar CFA

Mizuho

BuyMaintains

$51.00

Feb 18

Mark Lear

Piper Sandler

BuyMaintains

$55.00

Feb 18

Neal Dingmann

William Blair

BuyMaintains

Feb 17

Kalei Akamine

BofA Securities

BuyMaintains

$46.00

Feb 17

Bob Brackett

Bernstein

BuyMaintains

$42.00

Feb 13

Betty Jiang

Barclays

BuyUpgrades

$42.00 → $50.00

Feb 4

Josh Silverstein

UBS

BuyMaintains

$46.00 → $50.00

Feb 4

Paul Cheng

Scotiabank

HoldMaintains

$41.00 → $45.00

Feb 3

Biju Perincheril

Susquehanna

BuyMaintains

$45.00 → $47.00

Feb 3

Phillip Jungwirth

BMO Capital

BuyMaintains

$45.00

Feb 2

Scott Hanold

RBC Capital

HoldMaintains

$42.00

Feb 2

Hanwen Chang

Wells Fargo

BuyMaintains

$37.00 → $43.00

Jan 27

Biju Perincheril

Susquehanna

BuyMaintains

$42.00 → $45.00

Jan 26

Devin McDermott

Morgan Stanley

BuyMaintains

$48.00 → $46.00

Jan 23

Betty Jiang

Barclays

HoldMaintains

$40.00 → $42.00

Jan 21

Paul Cheng

Scotiabank

HoldDowngrades

$47.00 → $41.00

Jan 16

Subash Chandra

Benchmark Co.

BuyMaintains

$44.00

Jan 16

Arun Jayaram

JP Morgan

BuyMaintains

$41.00

Jan 15

Bob Brackett

Bernstein

BuyMaintains

$48.00 → $42.00

Jan 5

Devon Energy Corporation (DVN) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest DVN Analyst Ratings & Recommendations

Frequently Asked Questions