Devon Energy Corporation (DVN) Stock Forecast
DVN analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.69 / 5 from 29 analysts
- Price target
- $60.93 average of analyst targets
- Upside to target
- +20.1% from the latest close
- Next earnings
- November 5, 2026 EPS estimate $1.22
- 52-week range
- $31.93 – $52.07
DVN analyst ratings
29 analystsNumber of analysts at each rating.
DVN price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
DVN earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.27 | $0.84 | $1.49 | $1.04 | +22.0% | 22 |
| Current fiscal year (2026) | $5.45 | $4.46 | $6.89 | $3.92 | +38.9% | 24 |
| Next fiscal year (2027) | $4.86 | $2.39 | $5.92 | $5.41 | −10.1% | 12 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
DVN revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $6.85B | $5.69B | $8.11B | +58.2% | 6 |
| Current fiscal year (2026) | $25.49B | $23.20B | $27.83B | +48.3% | 7 |
| Next fiscal year (2027) | $26.47B | $21.22B | $32.37B | +3.9% | 7 |
DVN EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
DVN revenue: reported and forecast
DVN EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.24 | $1.28 | $1.23 | $1.25 | $1.27 | +2.7% | 7 up · 2 down |
| Current fiscal year (2026) | $5.12 | $5.48 | $5.37 | $5.42 | $5.45 | +6.4% | 9 up · 5 down |
| Next fiscal year (2027) | $5.21 | $4.81 | $4.83 | $5.04 | $4.86 | −6.7% | 4 up · 3 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
DVN earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; DVN beat in 8 of 12.
What analysts expect from DVN
29 analysts cover Devon Energy; their consensus rating is strong buy (4.69 on a 1–5 scale, where 5 is a strong buy). The average price target is $60.93, 20.1% above the latest close of $50.73. Analysts expect earnings of $5.45 per share for 2026, +38.9% from a year earlier. For 2027 the average estimate is $4.86 per share on revenue of $26.5 billion. Devon Energy beat the EPS estimate in 8 of the last 12 quarters.
Related: DVN income statement, DVN key metrics, DVN chart. See the DVN stock overview for the latest quote and news.
DVN forecast FAQ
What is Devon Energy's price target?
The average analyst price target for Devon Energy is $60.93, 20.1% above the latest close of $50.73.
Is Devon Energy a buy, hold or sell?
Of 29 analysts covering Devon Energy, 22 rate it a strong buy, 5 a buy, 2 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Devon Energy's EPS forecast?
Analysts forecast $5.45 per share for 2026 (range $4.46 to $6.89); for 2027 the estimate is $4.86.
What is Devon Energy's revenue forecast?
The average revenue estimate for 2026 is $25.5 billion, growth of 48.3%; for 2027 it is $26.5 billion.
When does Devon Energy report earnings?
Devon Energy is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes; the EPS estimate is $1.22.
Does Devon Energy usually beat earnings estimates?
Devon Energy reported EPS at or above the analyst estimate in 8 of the last 12 quarters.