$51.9794
0.5494[1.07%]
At close: Apr 19
$51.9794
0[0.00%]
After Hours: 5:08PM EDT
Devon Energy
(NYSE:DVN)Devon Energy Stock (NYSE:DVN), Analyst Ratings, Price Targets, Predictions
Devon Energy Corp has a consensus price target of $60.95, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Morgan Stanley, and Citigroup on April 19, 2024, April 15, 2024, and April 11, 2024. With an average price target of $57.33 between Piper Sandler, Morgan Stanley, and Citigroup, there's an implied 10.30% upside for Devon Energy Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Piper Sandler
Morgan Stanley
Citigroup
Scotiabank
UBS
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Devon Energy
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/19/2024 | DVN | Buy Now | Devon Energy | $51.98 | 15.43% | Piper Sandler | Mark Lear | $59 → $60 | Maintains | Overweight | Get Alert |
| 04/15/2024 | DVN | Buy Now | Devon Energy | $51.98 | -3.81% | Morgan Stanley | Devin McDermott | $49 → $50 | Maintains | Overweight | Get Alert |
| 04/11/2024 | DVN | Buy Now | Devon Energy | $51.98 | 19.28% | Citigroup | Scott Gruber | $55 → $62 | Maintains | Buy | Get Alert |
| 04/11/2024 | DVN | Buy Now | Devon Energy | $51.98 | 28.9% | Scotiabank | Paul Cheng | $53 → $67 | Maintains | Sector Outperform | Get Alert |
| 04/10/2024 | DVN | Buy Now | Devon Energy | $51.98 | 9.66% | UBS | Josh Silverstein | $48 → $57 | Maintains | Neutral | Get Alert |
| 04/10/2024 | DVN | Buy Now | Devon Energy | $51.98 | 13.51% | Barclays | Betty Jiang | → $59 | Initiates | → Equal-Weight | Get Alert |
| 04/08/2024 | DVN | Buy Now | Devon Energy | $51.98 | 19.28% | JP Morgan | Arun Jayaram | $57 → $62 | Maintains | Overweight | Get Alert |
| 04/05/2024 | DVN | Buy Now | Devon Energy | $51.98 | 26.97% | Truist Securities | Neal Dingmann | $69 → $66 | Maintains | Buy | Get Alert |
| 04/01/2024 | DVN | Buy Now | Devon Energy | $51.98 | 13.51% | Wells Fargo | Roger Read | $46 → $59 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 03/28/2024 | DVN | Buy Now | Devon Energy | $51.98 | -5.73% | Morgan Stanley | Devin McDermott | $48 → $49 | Maintains | Overweight | Get Alert |
| 03/22/2024 | DVN | Buy Now | Devon Energy | $51.98 | 25.05% | Stifel | Derrick Whitfield | $75 → $65 | Maintains | Buy | Get Alert |
| 03/18/2024 | DVN | Buy Now | Devon Energy | $51.98 | 5.81% | Citigroup | Scott Gruber | $52 → $55 | Maintains | Buy | Get Alert |
| 03/07/2024 | DVN | Buy Now | Devon Energy | $51.98 | 5.81% | RBC Capital | Scott Hanold | → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 01/24/2024 | DVN | Buy Now | Devon Energy | $51.98 | 0.04% | Raymond James | John Freeman | $53 → $52 | Maintains | Outperform | Get Alert |
| 01/24/2024 | DVN | Buy Now | Devon Energy | $51.98 | 13.51% | Piper Sandler | Mark Lear | $61 → $59 | Maintains | Overweight | Get Alert |
| 01/23/2024 | DVN | Buy Now | Devon Energy | $51.98 | 44.29% | Stifel | Derrick Whitfield | $77 → $75 | Maintains | Buy | Get Alert |
| 01/11/2024 | DVN | Buy Now | Devon Energy | $51.98 | 1.96% | Mizuho | Nitin Kumar | $54 → $53 | Maintains | Buy | Get Alert |
| 12/19/2023 | DVN | Buy Now | Devon Energy | $51.98 | 1.96% | Raymond James | John Freeman | $61 → $53 | Maintains | Outperform | Get Alert |
| 12/14/2023 | DVN | Buy Now | Devon Energy | $51.98 | -7.66% | UBS | Josh Silverstein | $52 → $48 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Devon Energy (DVN)?
The latest price target for Devon Energy (NYSE: DVN) was reported by Piper Sandler on April 19, 2024. The analyst firm set a price target for $60.00 expecting DVN to rise to within 12 months (a possible 15.43% upside). 61 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Devon Energy (DVN)?
The latest analyst rating for Devon Energy (NYSE: DVN) was provided by Piper Sandler, and Devon Energy maintained their overweight rating.
When was the last upgrade for Devon Energy (DVN)?
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.
When was the last downgrade for Devon Energy (DVN)?
The last downgrade for Devon Energy Corp happened on October 17, 2023 when Bernstein changed their price target from N/A to N/A for Devon Energy Corp.
When is the next analyst rating going to be posted or updated for Devon Energy (DVN)?
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 April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
Is the Analyst Rating Devon Energy (DVN) correct?
While ratings are subjective and will change, the latest Devon Energy (DVN) rating was a maintained with a price target of $59.00 to $60.00. The current price Devon Energy (DVN) is trading at is $51.98, which is out of the analyst’s predicted range.
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