| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
In the latest quarter, 13 analysts provided ratings for Devon Energy (NYSE:DVN), showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 8 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 3 | 1 | 0 | 0 |
| 3M Ago | 0 | 4 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $44.15, with a high estimate of $58.00 and a low estimate of $37.00. This current average reflects an increase of 4.55% from the previous average price target of $42.23.
An in-depth analysis of recent analyst actions unveils how financial experts perceive Devon Energy. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Betty Jiang | Barclays | Lowers | Equal-Weight | $40.00 | $42.00 |
| Stephen Richardson | Evercore ISI Group | Raises | In-Line | $37.00 | $34.00 |
| Nitin Kumar | Mizuho | Lowers | Outperform | $40.00 | $43.00 |
| Josh Silverstein | UBS | Raises | Neutral | $40.00 | $37.00 |
| Devin McDermott | Morgan Stanley | Raises | Overweight | $49.00 | $46.00 |
| Mark Lear | Piper Sandler | Lowers | Overweight | $57.00 | $58.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $43.00 | $42.00 |
| Betty Jiang | Barclays | Raises | Equal-Weight | $42.00 | $40.00 |
| John Freeman | Raymond James | Raises | Outperform | $45.00 | $40.00 |
| Mark Lear | Piper Sandler | Raises | Overweight | $58.00 | $53.00 |
| Devin McDermott | Morgan Stanley | Raises | Overweight | $46.00 | $44.00 |
| Josh Silverstein | UBS | Raises | Neutral | $37.00 | $35.00 |
| Paul Cheng | Scotiabank | Raises | Sector Outperform | $40.00 | $35.00 |
For valuable insights into Devon Energy's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Devon Energy analyst ratings.
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2024, Devon reported net proved reserves of 2.2 billion barrels of oil equivalent. Net production averaged roughly 848,000 barrels of oil equivalent per day in 2024 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Devon Energy's revenue growth over a period of 3M has been noteworthy. As of 30 June, 2025, the company achieved a revenue growth rate of approximately 9.37%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Devon Energy's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 20.99%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Devon Energy's ROE excels beyond industry benchmarks, reaching 6.07%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Devon Energy's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.89% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.6, Devon Energy adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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