Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Devon Energy Corp has a consensus price target of $44.29 based on the ratings of 22 analysts. The high is $66 issued by Stifel on April 23, 2024. The low is $35 issued by Scotiabank on April 11, 2025. The 3 most-recent analyst ratings were released by Wells Fargo, Morgan Stanley, and Goldman Sachs on June 16, 2025, May 23, 2025, and May 15, 2025, respectively. With an average price target of $42.67 between Wells Fargo, Morgan Stanley, and Goldman Sachs, there's an implied 32.87% upside for Devon Energy Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
06/16/2025 | Buy Now | 27.68% | Wells Fargo | Roger Read62% | $46 → $41 | Maintains | Overweight | Get Alert |
05/23/2025 | Buy Now | 37.02% | Morgan Stanley | Devin McDermott79% | $42 → $44 | Maintains | Overweight | Get Alert |
05/15/2025 | Buy Now | 33.9% | Goldman Sachs | Neil Mehta69% | $38 → $43 | Maintains | Buy | Get Alert |
05/14/2025 | Buy Now | 43.25% | Wells Fargo | Roger Read62% | $44 → $46 | Maintains | Overweight | Get Alert |
05/13/2025 | Buy Now | 65.04% | Piper Sandler | Mark Lear57% | $56 → $53 | Maintains | Overweight | Get Alert |
05/13/2025 | Buy Now | 33.9% | Mizuho | Nitin Kumar50% | $46 → $43 | Maintains | Outperform | Get Alert |
05/07/2025 | Buy Now | 24.56% | Barclays | Betty Jiang46% | $38 → $40 | Maintains | Equal-Weight | Get Alert |
04/29/2025 | Buy Now | 30.79% | B of A Securities | Noah Hungness48% | $52 → $42 | Maintains | Buy | Get Alert |
04/23/2025 | Buy Now | 18.33% | Barclays | Betty Jiang46% | $44 → $38 | Maintains | Equal-Weight | Get Alert |
04/23/2025 | Buy Now | 74.39% | Piper Sandler | Mark Lear57% | $54 → $56 | Maintains | Overweight | Get Alert |
04/22/2025 | Buy Now | 27.68% | Susquehanna | Biju Perincheril47% | $52 → $41 | Maintains | Positive | Get Alert |
04/22/2025 | Buy Now | 68.16% | Piper Sandler | Mark Lear57% | $55 → $54 | Maintains | Overweight | Get Alert |
04/14/2025 | Buy Now | 24.56% | RBC Capital | Scott Hanold59% | $49 → $40 | Maintains | Sector Perform | Get Alert |
04/14/2025 | Buy Now | 37.02% | Wells Fargo | Roger Read62% | $46 → $44 | Maintains | Overweight | Get Alert |
04/11/2025 | Buy Now | 8.99% | Scotiabank | Paul Cheng52% | $45 → $35 | Maintains | Sector Outperform | Get Alert |
04/09/2025 | Buy Now | 43.25% | Mizuho | Nitin Kumar50% | $49 → $46 | Maintains | Outperform | Get Alert |
04/07/2025 | Buy Now | 8.99% | UBS | Josh Silverstein50% | $41 → $35 | Maintains | Neutral | Get Alert |
04/04/2025 | Buy Now | 33.9% | Citigroup | Scott Gruber60% | $46 → $43 | Maintains | Buy | Get Alert |
03/27/2025 | Buy Now | 46.36% | Morgan Stanley | Devin McDermott79% | $51 → $47 | Maintains | Overweight | Get Alert |
03/17/2025 | Buy Now | 43.25% | Citigroup | Scott Gruber60% | $48 → $46 | Maintains | Buy | Get Alert |
03/13/2025 | Buy Now | 30.79% | JP Morgan | Arun Jayaram62% | $48 → $42 | Maintains | Neutral | Get Alert |
03/10/2025 | Buy Now | 43.25% | Raymond James | John Freeman77% | $54 → $46 | Maintains | Outperform | Get Alert |
02/24/2025 | Buy Now | 71.27% | Piper Sandler | Mark Lear57% | $54 → $55 | Maintains | Overweight | Get Alert |
02/20/2025 | Buy Now | 61.93% | Susquehanna | Biju Perincheril47% | $50 → $52 | Maintains | Positive | Get Alert |
02/20/2025 | Buy Now | 37.02% | Truist Securities | Neal Dingmann59% | $42 → $44 | Maintains | Hold | Get Alert |
02/20/2025 | Buy Now | 37.02% | Benchmark | Subash Chandra68% | $44 → $44 | Reiterates | Buy → Buy | Get Alert |
02/20/2025 | Buy Now | 37.02% | Barclays | Betty Jiang46% | $43 → $44 | Maintains | Equal-Weight | Get Alert |
01/29/2025 | Buy Now | 68.16% | Piper Sandler | Mark Lear57% | $53 → $54 | Maintains | Overweight | Get Alert |
01/23/2025 | Buy Now | 33.9% | Barclays | Betty Jiang46% | $46 → $43 | Maintains | Equal-Weight | Get Alert |
01/23/2025 | Buy Now | 68.16% | Raymond James | John Freeman77% | $53 → $54 | Maintains | Outperform | Get Alert |
01/15/2025 | Buy Now | 40.13% | Bernstein | Bob Brackett66% | $45 → $45 | Upgrade | Market Perform → Outperform | Get Alert |
01/14/2025 | Buy Now | 37.02% | Benchmark | Subash Chandra68% | $44 → $44 | Upgrade | Hold → Buy | Get Alert |
01/13/2025 | Buy Now | 30.79% | Truist Securities | Neal Dingmann59% | $43 → $42 | Maintains | Hold | Get Alert |
01/10/2025 | Buy Now | 55.7% | RBC Capital | Scott Hanold59% | $50 → $50 | Reiterates | Sector Perform → Sector Perform | Get Alert |
01/03/2025 | Buy Now | — | Wolfe Research | Doug Leggate71% | — | Upgrade | Peer Perform → Outperform | Get Alert |
12/17/2024 | Buy Now | 65.04% | Piper Sandler | Mark Lear57% | $57 → $53 | Maintains | Overweight | Get Alert |
12/17/2024 | Buy Now | 33.9% | Wells Fargo | Roger Read62% | $49 → $43 | Maintains | Overweight | Get Alert |
12/16/2024 | Buy Now | 46.36% | Mizuho | Nitin Kumar50% | $51 → $47 | Maintains | Outperform | Get Alert |
12/04/2024 | Buy Now | — | JP Morgan | Arun Jayaram62% | — | Downgrade | Overweight → Neutral | Get Alert |
11/26/2024 | Buy Now | 49.47% | Citigroup | Scott Gruber60% | $55 → $48 | Maintains | Buy | Get Alert |
11/18/2024 | Buy Now | 77.5% | Piper Sandler | Mark Lear57% | $56 → $57 | Maintains | Overweight | Get Alert |
11/07/2024 | Buy Now | 52.59% | Wells Fargo | Roger Read62% | $50 → $49 | Maintains | Overweight | Get Alert |
11/07/2024 | Buy Now | 33.9% | Truist Securities | Neal Dingmann59% | $49 → $43 | Downgrade | Buy → Hold | Get Alert |
10/18/2024 | Buy Now | 93.07% | Susquehanna | Biju Perincheril47% | $63 → $62 | Maintains | Positive | Get Alert |
10/15/2024 | Buy Now | — | Benchmark | Subash Chandra68% | — | Reiterates | → Hold | Get Alert |
10/15/2024 | Buy Now | 74.39% | Piper Sandler | Mark Lear57% | $57 → $56 | Maintains | Overweight | Get Alert |
10/10/2024 | Buy Now | 49.47% | Scotiabank | Paul Cheng52% | $60 → $48 | Maintains | Sector Outperform | Get Alert |
10/09/2024 | Buy Now | 58.82% | Mizuho | Nitin Kumar50% | $53 → $51 | Maintains | Outperform | Get Alert |
10/04/2024 | Buy Now | 49.47% | BMO Capital | Phillip Jungwirth61% | $52 → $48 | Maintains | Outperform | Get Alert |
10/03/2024 | Buy Now | 43.25% | Barclays | Betty Jiang46% | $55 → $46 | Maintains | Equal-Weight | Get Alert |
10/03/2024 | Buy Now | 40.13% | Jefferies | Anthony Linton38% | → $45 | Initiates | → Hold | Get Alert |
10/01/2024 | Buy Now | 55.7% | Wells Fargo | Roger Read62% | $55 → $50 | Maintains | Overweight | Get Alert |
09/30/2024 | Buy Now | 55.7% | Evercore ISI Group | Stephen Richardson59% | $55 → $50 | Maintains | In-Line | Get Alert |
09/30/2024 | Buy Now | 52.59% | Truist Securities | Neal Dingmann59% | $60 → $49 | Maintains | Buy | Get Alert |
09/18/2024 | Buy Now | 46.36% | UBS | Josh Silverstein50% | $53 → $47 | Maintains | Neutral | Get Alert |
09/16/2024 | Buy Now | 58.82% | Morgan Stanley | Devin McDermott79% | $55 → $51 | Maintains | Overweight | Get Alert |
09/12/2024 | Buy Now | 58.82% | JP Morgan | Arun Jayaram62% | $64 → $51 | Maintains | Overweight | Get Alert |
09/04/2024 | Buy Now | 96.18% | Susquehanna | Biju Perincheril47% | $65 → $63 | Maintains | Positive | Get Alert |
09/03/2024 | Buy Now | 77.5% | RBC Capital | Scott Hanold59% | $57 → $57 | Reiterates | Sector Perform → Sector Perform | Get Alert |
08/15/2024 | Buy Now | 77.5% | Piper Sandler | Mark Lear57% | $65 → $57 | Maintains | Overweight | Get Alert |
08/14/2024 | Buy Now | 71.27% | Wells Fargo | Roger Read62% | $57 → $55 | Maintains | Overweight | Get Alert |
07/23/2024 | Buy Now | 77.5% | Wells Fargo | Roger Read62% | $60 → $57 | Maintains | Overweight | Get Alert |
07/18/2024 | Buy Now | — | Wolfe Research | Doug Leggate71% | — | Reinstates | → Peer Perform | Get Alert |
07/17/2024 | Buy Now | 33.9% | Bernstein | Bob Brackett66% | $48 → $43 | Maintains | Market Perform | Get Alert |
07/12/2024 | Buy Now | 86.84% | Scotiabank | Paul Cheng52% | $67 → $60 | Maintains | Sector Outperform | Get Alert |
07/09/2024 | Buy Now | 102.41% | Susquehanna | Biju Perincheril47% | $65 → $65 | Maintains | Positive | Get Alert |
07/09/2024 | Buy Now | 99.3% | Truist Securities | Neal Dingmann59% | $67 → $64 | Maintains | Buy | Get Alert |
07/09/2024 | Buy Now | 77.5% | RBC Capital | Scott Hanold59% | $57 → $57 | Reiterates | Sector Perform → Sector Perform | Get Alert |
07/09/2024 | Buy Now | 68.16% | Morgan Stanley | Devin McDermott79% | $52 → $54 | Maintains | Overweight | Get Alert |
07/08/2024 | Buy Now | 99.3% | JP Morgan | Arun Jayaram62% | $62 → $64 | Maintains | Overweight | Get Alert |
06/14/2024 | Buy Now | 99.3% | B of A Securities | Noah Hungness48% | → $64 | Reinstates | → Buy | Get Alert |
05/14/2024 | Buy Now | 89.96% | Piper Sandler | Mark Lear57% | $60 → $61 | Maintains | Overweight | Get Alert |
05/13/2024 | Buy Now | 89.96% | Mizuho | Nitin Kumar50% | $57 → $61 | Maintains | Buy | Get Alert |
05/09/2024 | Buy Now | 77.5% | RBC Capital | Scott Hanold59% | $55 → $57 | Maintains | Sector Perform | Get Alert |
05/03/2024 | Buy Now | 108.64% | Truist Securities | Neal Dingmann59% | $69 → $67 | Maintains | Buy | Get Alert |
05/02/2024 | Buy Now | 77.5% | Mizuho | Nitin Kumar50% | $53 → $57 | Maintains | Buy | Get Alert |
04/23/2024 | Buy Now | 105.53% | Stifel | Derrick Whitfield55% | $65 → $66 | Maintains | Buy | Get Alert |
04/22/2024 | Buy Now | 114.87% | Truist Securities | Neal Dingmann59% | $66 → $69 | Maintains | Buy | Get Alert |
04/22/2024 | Buy Now | 102.41% | Susquehanna | Biju Perincheril47% | $52 → $65 | Maintains | Positive | Get Alert |
04/19/2024 | Buy Now | 86.84% | Piper Sandler | Mark Lear57% | $59 → $60 | Maintains | Overweight | Get Alert |
04/15/2024 | Buy Now | 55.7% | Morgan Stanley | Devin McDermott79% | $49 → $50 | Maintains | Overweight | Get Alert |
04/11/2024 | Buy Now | 93.07% | Citigroup | Scott Gruber60% | $55 → $62 | Maintains | Buy | Get Alert |
04/11/2024 | Buy Now | 108.64% | Scotiabank | Paul Cheng52% | $53 → $67 | Maintains | Sector Outperform | Get Alert |
04/10/2024 | Buy Now | 77.5% | UBS | Josh Silverstein50% | $48 → $57 | Maintains | Neutral | Get Alert |
04/10/2024 | Buy Now | 83.73% | Barclays | Betty Jiang46% | → $59 | Initiates | → Equal-Weight | Get Alert |
04/08/2024 | Buy Now | 93.07% | JP Morgan | Arun Jayaram62% | $57 → $62 | Maintains | Overweight | Get Alert |
04/05/2024 | Buy Now | 105.53% | Truist Securities | Neal Dingmann59% | $69 → $66 | Maintains | Buy | Get Alert |
04/01/2024 | Buy Now | 83.73% | Wells Fargo | Roger Read62% | $46 → $59 | Upgrade | Equal-Weight → Overweight | Get Alert |
03/28/2024 | Buy Now | 52.59% | Morgan Stanley | Devin McDermott79% | $48 → $49 | Maintains | Overweight | Get Alert |
03/22/2024 | Buy Now | 102.41% | Stifel | Derrick Whitfield55% | $75 → $65 | Maintains | Buy | Get Alert |
03/18/2024 | Buy Now | 71.27% | Citigroup | Scott Gruber60% | $52 → $55 | Maintains | Buy | Get Alert |
03/07/2024 | Buy Now | 71.27% | RBC Capital | Scott Hanold59% | $55 → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
01/24/2024 | Buy Now | 61.93% | Raymond James | John Freeman77% | $53 → $52 | Maintains | Outperform | Get Alert |
01/24/2024 | Buy Now | 83.73% | Piper Sandler | Mark Lear57% | $61 → $59 | Maintains | Overweight | Get Alert |
01/23/2024 | Buy Now | 133.55% | Stifel | Derrick Whitfield55% | $77 → $75 | Maintains | Buy | Get Alert |
01/11/2024 | Buy Now | 65.04% | Mizuho | Nitin Kumar50% | $54 → $53 | Maintains | Buy | Get Alert |
12/19/2023 | Buy Now | 65.04% | Raymond James | John Freeman77% | $61 → $53 | Maintains | Outperform | Get Alert |
12/14/2023 | Buy Now | 49.47% | UBS | Josh Silverstein50% | $52 → $48 | Maintains | Neutral | Get Alert |
12/11/2023 | Buy Now | 61.93% | Morgan Stanley | Devin McDermott79% | $48 → $52 | Upgrade | Equal-Weight → Overweight | Get Alert |
12/06/2023 | Buy Now | 80.61% | JP Morgan | Arun Jayaram62% | $57 → $58 | Upgrade | Neutral → Overweight | Get Alert |
The latest price target for Devon Energy (NYSE:DVN) was reported by Wells Fargo on June 16, 2025. The analyst firm set a price target for $41.00 expecting DVN to rise to within 12 months (a possible 27.68% upside). 70 analyst firms have reported ratings in the last year.
The latest analyst rating for Devon Energy (NYSE:DVN) was provided by Wells Fargo, and Devon Energy maintained their overweight rating.
The last upgrade for Devon Energy Corp happened on January 15, 2025 when Bernstein raised their price target to $45. Bernstein previously had a market perform for Devon Energy Corp.
The last downgrade for Devon Energy Corp happened on December 4, 2024 when JP Morgan changed their price target from N/A to N/A for Devon Energy Corp.
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 June 16, 2025 so you should expect the next rating to be made available sometime around June 16, 2026.
While ratings are subjective and will change, the latest Devon Energy (DVN) rating was a maintained with a price target of $46.00 to $41.00. The current price Devon Energy (DVN) is trading at is $32.11, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.