Devon Energy Stock Forecast for 2023 - 2025 - 2030

Updated on 04/25/2024

Stock Rating
5
Price Target
$57.00
Consensus
Outperform
Upside
8.43%
Analysts
3
Stock Rating
5
Upside
8.43%
Analysts
3
Price Target
$57.00

Devon Energy Stock Forecast and Price Target

If Devon Energy's stock price reached the average yearlong target of $57.00 given by three well-known analysts in recent months, there would be a potential upside of approximately 8.43% from its last closing price in April, 2024. This potential increase is based on a high estimate of $69.00 and a low estimate of $48.00. If you're thinking of investing in DVN stock, it's critical to check out its competitors as well.

$57.00

8.43% Upside

Outperform
Outperform

Devon Energy Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Price for Devon Energy has grown by 100.00%, going from $0.00 to $0.00. In the coming year, analysts are expecting an increase in Fair Value, predicting it will reach $93.56 – an increase of 100.00%. Over the next seven years, experts anticipate that Fair Value growth for Devon Energy will be 100.00%.

2024 Fair Value Forecast
$93.56
2025 Fair Value Forecast
$71.77
2026 Fair Value Forecast
$88.86
2027 Fair Value Forecast
$90.71
2028 Fair Value Forecast
$93.56
2029 Fair Value Forecast
$96.26
2030 Fair Value Forecast
$98.68
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
XOM Stock Forecast Exxon Mobil Corp Outperform 4
$121.03 Buy/Sell $124.27 6.17%
CVX Stock Forecast Chevron Corp Outperform 4
$162.85 Buy/Sell $177.53 11.32%
SHEL Stock Forecast Shell Outperform 8
£28.95 Buy/Sell £37.55 31.26%
COP Stock Forecast ConocoPhillips Outperform 6
$129.84 Buy/Sell $135.02 7.44%
BP. Stock Forecast BP p.l.c. Outperform 9
£5.23 Buy/Sell £7.50 42.83%

Devon Energy Revenue Forecast for 2023 - 2025 - 2030

In the last two years, Revenue for Devon Energy has grown by 319.12%, going from $4.50B to $18.87B. In the following year, 3 experts forecast Devon Energy's Revenue will decrease by 26.88%, to $13.80B. In 2030, professionals predict that Devon Energy's Revenue will decrease by 13.84%, to $16.26B.

2024 Rev Forecast
$13.80B
2025 Rev Forecast
$12.11B
2026 Rev Forecast
$17.54B
2027 Rev Forecast
$18.69B
2028 Rev Forecast
$17.25B
2029 Rev Forecast
$15.60B
2030 Rev Forecast
$16.26B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SCCO Stock Forecast Southern Copper Corp Underperform 8
$109.64 Buy/Sell $62.82 -30.68%
CNQ Stock Forecast Canadian Natural Resources Outperform 5
C$105.26 Buy/Sell C$99.29 6.40%
EOG Stock Forecast EOG Resources Outperform 9
$134.80 Buy/Sell $140.15 6.08%

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

Devon Energy's Dividend per Share has grown in the last two years, jumping from $0.42 to $5.17 – an increase of 1130.95%. According to 3 major analysts, Devon Energy's Dividend per Share will fall by 76.60% in the next year, reaching $1.21. Professionals believe that By 2030, Devon Energy's Dividend per Share will fall to $2.44– a 52.89% decrease from its current value.

2024 DPS Forecast
$1.21
2025 DPS Forecast
$4.38
2026 DPS Forecast
$1.96
2027 DPS Forecast
$1.83
2028 DPS Forecast
$1.85
2029 DPS Forecast
$2.65
2030 DPS Forecast
$2.44
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ENB Stock Forecast Enbridge Outperform 10
C$48.41 Buy/Sell C$52.44 9.48%
PXD Stock Forecast Pioneer Natural Resources Co Hold 9
$275.23 Buy/Sell $252.57 1.01%
OXY Stock Forecast Occidental Petroleum Hold 5
$67.39 Buy/Sell $65.72 3.87%

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

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
VLO Stock Forecast Valero Energy Outperform 3
$167.54 Buy/Sell $149.80 7.74%
VALE3 Stock Forecast Vale Outperform 5
R$62.78 Buy/Sell R$19.16 -76.06%
SU Stock Forecast Suncor Energy Outperform 7
C$53.47 Buy/Sell C$55.05 0.99%

Devon Energy EBITDA Forecast for 2023 - 2025 - 2030

In the last two years, Devon Energy's EBITDA has grown, increasing from $1.39B to $10.28B – an increase of 637.98%. According to 11 analysts, Devon Energy's EBITDA will fall by 23.71% in the next year, reaching $7.84B. Professionals believe that By 2030, Devon Energy's EBITDA will fall to $7.16B – a 30.36% decrease from its current value.

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
FMG Stock Forecast Fortescue Metals Group Underperform 0
$24.60 Buy/Sell $14.12 -39.96%
HES Stock Forecast Hess Hold 14
$156.94 Buy/Sell $168.36 6.41%
OKE Stock Forecast ONEOK Outperform 9
$80.35 Buy/Sell $76.57 1.43%

Devon Energy EBIT Forecast for 2023 - 2025 - 2030

Devon Energy's EBIT has increased by 10886.30% In the last two years, going from $73.00M to $8.02B. In the following year, 10 experts forecast that Devon Energy's EBIT will decrease by 29.24%, to $5.67B. In 2030, professionals predict that Devon Energy's EBIT will decrease by 39.25%, to $4.87B.

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
KMI Stock Forecast Kinder Morgan Outperform 9
$18.76 Buy/Sell $20.56 8.21%
CVE Stock Forecast Cenovus Energy Outperform 14
C$29.06 Buy/Sell C$33.24 11.84%
IMO Stock Forecast Imperial Oil Hold 14
C$96.51 Buy/Sell C$43.18 -3.64%

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

In the last four years, EPS for Devon Energy has grown by 100.00%, going from $-0.12 to $0.00. In the coming year, analysts are expecting an increase in EPS, predicting it will reach $6.57 – an increase of 100.00%. Over the next seven years, experts anticipate that EPS growth for Devon Energy will be 100.00%.

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
TRP Stock Forecast TC Energy Hold 10
C$49.21 Buy/Sell C$68.70 12.78%
WDS Stock Forecast Woodside Energy Group Ltd Hold 2
$28.43 Buy/Sell $22.00 -27.68%
FANG Stock Forecast Diamondback Energy Outperform 5
$204.37 Buy/Sell $186.62 7.40%