Devon Energy Stock Forecast for 2023 - 2025 - 2030

Updated on 12/06/2023

Stock Rating
5
Price Target
$54.50
Consensus
Outperform
Upside
24.49%
Analysts
14
Stock Rating
5
Upside
24.49%
Analysts
14
Price Target
$54.50

Devon Energy Stock Forecast and Price Target

If Devon Energy's stock price reached the average yearlong target of $54.50 given by fourteen well-known analysts in recent months, there would be a potential upside of approximately 24.49% from its last closing price in December, 2023. This potential increase is based on a high estimate of $77.00 and a low estimate of $47.00. If you're thinking of investing in DVN stock, it's critical to check out its competitors as well.

$54.50

24.49% Upside

Outperform
Outperform

Devon Energy Fair Value Forecast for 2023 - 2025 - 2030

In the last three years, Price for Devon Energy has grown by 502.17%, going from $13.34 to $80.36. In the following year, 24 experts forecast Devon Energy's Fair Value will decrease by 12.15%, to $70.59. In 2030, professionals predict that Devon Energy's Fair Value will decrease by 16.61%, to $67.01.

2023 Fair Value Forecast
$70.59
2024 Fair Value Forecast
$63.53
2025 Fair Value Forecast
$48.74
2026 Fair Value Forecast
$60.34
2027 Fair Value Forecast
$61.60
2028 Fair Value Forecast
$63.53
2029 Fair Value Forecast
$65.37
2030 Fair Value Forecast
$67.01
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
COP Stock Forecast ConocoPhillips Outperform 5
$113.14 Buy/Sell $136.20 21.97%
EOG Stock Forecast EOG Resources Inc Outperform 9
$121.95 Buy/Sell $147.72 20.54%
EPD Stock Forecast Enterprise Products Partners L... Outperform 7
$26.68 Buy/Sell $31.56 16.19%
PXD Stock Forecast Pioneer Natural Resources Co Hold 8
$225.78 Buy/Sell $258.02 12.94%
OXY Stock Forecast Occidental Petroleum Corp Outperform 3
$57.28 Buy/Sell $70.32 19.59%

Devon Energy Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Revenue for Devon Energy has grown by 193.83%, going from $6.42B to $18.87B. In the following year, 5 experts forecast Devon Energy's Revenue will decrease by 25.63%, to $14.04B. In 2030, professionals predict that Devon Energy's Revenue will decrease by 27.43%, to $13.70B.

2023 Rev Forecast
$14.04B
2024 Rev Forecast
$13.80B
2025 Rev Forecast
$12.11B
2026 Rev Forecast
$14.13B
2027 Rev Forecast
$14.20B
2028 Rev Forecast
$14.16B
2029 Rev Forecast
$13.48B
2030 Rev Forecast
$13.70B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
HES Stock Forecast Hess Corp Hold 14
$138.39 Buy/Sell $170.36 19.95%
LNG Stock Forecast Cheniere Energy Inc Buy 11
$170.07 Buy/Sell $197.65 17.60%
FANG Stock Forecast Diamondback Energy Outperform 5
$150.15 Buy/Sell $185.52 21.55%

Devon Energy Dividend per Share Forecast for 2023 - 2025 - 2030

Devon Energy's Dividend per Share has grown in the last three years, jumping from $0.35 to $5.17 – an increase of 1377.14%. According to 5 major analysts, Devon Energy's Dividend per Share will fall by 81.43% in the next year, reaching $0.96. Professionals believe that By 2030, Devon Energy's Dividend per Share will fall to $2.65– a 48.78% decrease from its current value.

2023 DPS Forecast
$0.96
2024 DPS Forecast
$1.21
2025 DPS Forecast
$4.38
2026 DPS Forecast
$1.96
2027 DPS Forecast
$1.83
2028 DPS Forecast
$2.19
2029 DPS Forecast
$3.02
2030 DPS Forecast
$2.65
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CLR Stock Forecast Continental Resources - 14
$0.85 Buy/Sell $74.00 14011.76%
CTRA Stock Forecast Coterra Energy Outperform 8
$25.34 Buy/Sell $32.68 26.28%
MRO Stock Forecast Marathon Oil Outperform 10
$24.40 Buy/Sell $23.41 35.25%

Devon Energy Free Cash Flow Forecast for 2023 - 2025 - 2030

In the last three years, Devon Energy's Free Cash Flow has grown, increasing from $130.00M to $7.37B – an increase of 5568.46%. According to 9 analysts, Devon Energy's Free Cash Flow will fall by 27.39% in the next year, reaching $5.35B. Professionals believe that By 2030, Devon Energy's Free Cash Flow will fall to $3.52B – a 52.18% decrease from its current value.

2023 FCF Forecast
$5.35B
2024 FCF Forecast
$4.97B
2025 FCF Forecast
$4.65B
2026 FCF Forecast
$4.58B
2027 FCF Forecast
$4.36B
2028 FCF Forecast
$3.42B
2029 FCF Forecast
$3.47B
2030 FCF Forecast
$3.52B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
OVV Stock Forecast Ovintiv Outperform 14
C$57.65 Buy/Sell C$47.95 -9.80%
APA Stock Forecast APA Outperform 8
$34.79 Buy/Sell $48.96 39.41%
CHK Stock Forecast Chesapeake Energy Corp Outperform 11
$76.39 Buy/Sell $105.16 29.60%

Devon Energy Net Income Forecast for 2023 - 2025 - 2030

In the last three years, Devon Energy's Net Income has increased by 1794.37%, going from $-355.00M to $6.02B. In the next year, 17 analysts estimate that Devon Energy's Net Income will decrease by 20.25%, reaching $4.80B. According to professional forecasts, in 2030, Devon Energy's Net Income will decrease by 37.24%, reaching $3.78B.

2023 NI Forecast
$4.80B
2024 NI Forecast
$4.07B
2025 NI Forecast
$3.01B
2026 NI Forecast
$3.54B
2027 NI Forecast
$3.71B
2028 NI Forecast
$3.73B
2029 NI Forecast
$3.76B
2030 NI Forecast
$3.78B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
DCP Stock Forecast DCP Midstream, LP - 17
$15.92 Buy/Sell $45.00 -100.00%
CXO Stock Forecast Concho Resources - 10
$0.36 Buy/Sell $75.67 -100.00%
RRC Stock Forecast Range Resources Corp Outperform 15
$31.33 Buy/Sell $33.24 18.10%

Devon Energy EBITDA Forecast for 2023 - 2025 - 2030

Devon Energy's EBITDA has increased by 500.12% In the last three years, going from $1.71B to $10.28B. In the following year, 17 experts forecast that Devon Energy's EBITDA will decrease by 16.03%, to $8.63B. In 2030, professionals predict that Devon Energy's EBITDA will decrease by 30.36%, to $7.16B.

2023 EBITDA Forecast
$8.63B
2024 EBITDA Forecast
$7.84B
2025 EBITDA Forecast
$6.64B
2026 EBITDA Forecast
$7.11B
2027 EBITDA Forecast
$8.24B
2028 EBITDA Forecast
$7.30B
2029 EBITDA Forecast
$7.12B
2030 EBITDA Forecast
$7.16B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AR Stock Forecast Antero Resources Outperform 9
$22.54 Buy/Sell $32.61 41.97%
MTDR Stock Forecast Matador Resources Buy 14
$55.93 Buy/Sell $76.14 35.88%
OAS Stock Forecast Oasis Petroleum Buy 12
$158.28 Buy/Sell $188.64 20.36%

Devon Energy EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Devon Energy's EBIT has grown, increasing from $177.00M to $8.02B – a growth of 4431.07%. 15 analysts predict Devon Energy's EBIT will decrease by 18.14% in the next year, reaching $6.56B. By 2030, professionals predict that Devon Energy's EBIT will decrease by 39.25%, to $4.87B.

2023 EBIT Forecast
$6.56B
2024 EBIT Forecast
$5.67B
2025 EBIT Forecast
$3.65B
2026 EBIT Forecast
$4.83B
2027 EBIT Forecast
$4.85B
2028 EBIT Forecast
$4.86B
2029 EBIT Forecast
$4.87B
2030 EBIT Forecast
$4.87B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MUR Stock Forecast Murphy Oil Outperform 13
$41.80 Buy/Sell $50.41 19.62%
PR Stock Forecast Permian Resources Outperform 8
$12.90 Buy/Sell $10.70 31.78%
CIVI Stock Forecast Civitas Resources Buy 15
$66.91 Buy/Sell $95.10 43.48%

Devon Energy EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last three years, EPS for Devon Energy has grown by 502.17%, going from $1.38 to $8.31. In the following year, 24 experts forecast Devon Energy's EPS will decrease by 12.15%, to $7.30. In 2030, professionals predict that Devon Energy's EPS will decrease by 16.61%, to $6.93.

2023 EPS Forecast
$7.30
2024 EPS Forecast
$6.57
2025 EPS Forecast
$5.04
2026 EPS Forecast
$6.24
2027 EPS Forecast
$6.37
2028 EPS Forecast
$6.57
2029 EPS Forecast
$6.76
2030 EPS Forecast
$6.93
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
PDCE Stock Forecast PDC Energy - 13
$73.85 Buy/Sell $96.25 -2.51%
NBL Stock Forecast Noble Energy - 7
$81.00 Buy/Sell $0.00 -100.00%
WLL Stock Forecast Whiting Petroleum - 8
$68.03 Buy/Sell $62.13 362.34%