Devon Energy Stock (NYSE:DVN), Analyst Ratings, Price Targets, Predictions

The latest price target for Devon Energy (NYSE: DVN) was reported by Truist Securities on May 3, 2024. The analyst firm set a price target for $67.00 expecting DVN to rise to within 12 months (a possible 32.57% upside). 65 analyst firms have reported ratings in the last year.

The latest analyst rating for Devon Energy (NYSE: DVN) was provided by Truist Securities, and Devon Energy maintained their buy rating.

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.

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.

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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.

While ratings are subjective and will change, the latest Devon Energy (DVN) rating was a maintained with a price target of $69.00 to $67.00. The current price Devon Energy (DVN) is trading at is $50.54, which is out of the analyst’s predicted range.