FrançaisAre analysts right about Devon Energy (DVN)?
📈 See the interactive version (live chart) →
Historical analyst accuracy
For Devon Energy, we replayed every analyst price target of the past 12 months and measured the real outcome: 32% were profitable, average return +19% (316 calls). At 3 months: +3% average return (39% profitable). The higher the %, the more often analysts were right on this stock.
Most reliable analysts on this stock (past track record)
Their past track record on this stock (targets replayed against real prices) — not a forecast of what will happen.
| Analyst / broker | Calls i | % profitable i | Avg return i |
|---|---|---|---|
| Piper Sandler | 29 | 28% | +8% |
| Raymond James | 28 | 43% | +51% |
| Wells Fargo | 22 | 50% | +50% |
| Mizuho | 21 | 14% | -4% |
| Barclays | 20 | 40% | +13% |
Valuation
Is Devon Energy overvalued, and is it a good time to buy Devon Energy right now? If you're wondering, here's a recap to make up your own mind: Devon Energy's valuation vs its sector median, to weigh alongside analyst reliability (above) and past performance. Educational information, not buy advice.
The P/E (price ÷ earnings per share) = how many years of earnings you pay for the stock. The higher it is, the more growth the market expects — but the pricier the stock, so more vulnerable if growth disappoints. The forward P/E uses next year's expected earnings: lower than the current P/E = rising expected earnings. We compare it to the sector median to see whether the stock is expensive relative to its peers.
| Metric | Devon Energy | Sector median (Energy) |
|---|---|---|
| P/E | 10.2 | 17.2 |
| Forward P/E | 8.6 | 11.9 |
| Net margin | 17% | 14% |
👉 Devon Energy trades below its sector median (10.2 vs 17.2) — potentially undervalued, or lower expected growth.
📖 P/E, PEG, margin…: see the glossary
💵 Dividend : Devon Energy pays about $1.04/share/yr → 2.58% yield. what is this?
Frequently asked questions
Is Devon Energy a buy right now?
The analyst consensus on Devon Energy (DVN) is "Buy" (51 bullish, 0 bearish calls over 12 months). This is not advice: historically, 32% of their targets on this stock turned out profitable over 1 year.
What is Devon Energy's price target?
The median 12-month price target is $63.00 (+34% vs $47.12), ranging from $45.85 to $68.00 (15 analysts).
Are analysts accurate on Devon Energy?
Over 1 year, 32% of analyst targets on Devon Energy were profitable, for an average return of +19% (across 316 timestamped calls). This is JPI Invest's accuracy metric.
What is the Devon Energy stock forecast?
Analysts target a median of $63.00 within 12 months, i.e. +34% vs the current price. The most bullish targets $68.00, the most cautious $45.85.
What is the Devon Energy stock forecast for 2026 or long term (2030)?
Note: analyst targets are 12-month (median $63.00, +34%), NOT 2030. No reliable 5-10 year price forecast exists (« 2030 prediction » models are speculative). The most useful inputs: the 12-month median above, these analysts' historical accuracy (32%), and the stock's past trajectory.
Is Devon Energy overvalued?
Its P/E is 10.2, forward P/E 8.6. A forward P/E lower than the current P/E means earnings are expected to grow.
📊 See the full interactive analysis of Devon Energy →
What is JPI Invest?
JPI Invest aggregates analyst recommendations across the entire S&P 500 (plus the S&P MidCap 400), replays them against real prices and measures who predicts best — on results, not reputation. Instead of taking a price target at face value, you see each analyst's track record on each stock.
- 🏆 Analyst leaderboard by real reliability (beating their sector, not just riding the rally)
- 🎯 What to buy: 3 backtested methods over 6 years, from cautious to aggressive
- 💬 AI assistant: ask anything about any stock, with the numbers
- 📊 Portfolio tracking + 🔔 price alerts by email
⚠️ Educational information, not investment advice. Analyst price targets are 12-month and can be wrong. Data via Yahoo Finance, recomputed by JPI Invest.