Should I buy Devon Energy (DVN) stock or is it too late?

Devon Energy · Energy · price $47

⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: UBS — 64% of its targets hit on this sector (199 calls tested). It aims for $54 (+15 %), call made on July 16, 2026, maturing on July 16, 2027 (43 d ago).

The 8 reliable analysts $56.50+20 %

The 7 other firms $65+38 %

How to read it: the 8 reliable firms are not filtered by optimism — 7 aim above the price, 1 below, hence their $56.50 median. “The 7 others” are the firms that don't pass our reliability filter on this sector.

Firm-by-firm track record on Devon Energy

Here the hit rate is measured <b>on this stock specifically</b> (matured targets replayed against real prices, minimum 5 calls tested) — the green block above measures reliability <b>across the whole sector</b>, which is the criterion behind JPI selections. “Aims for” = the firm's most recent target on this stock; “—” means it hasn't published one recently.

Firm	% right	Gain vs sector	Calls	Aims for
Raymond James	50 %	+51.0 %	28	$64 +36%
Wells Fargo	55 %	+49.5 %	22	$65 +38%
Morgan Stanley	56 %	+36.4 %	16	$63 +34%
UBS	62 %	+32.7 %	8	$54 +15%
Bernstein	67 %	+19.2 %	6	$42 -11%
Scotiabank	43 %	+16.4 %	7	$46 -2%
Barclays	40 %	+13.0 %	20	$58 +23%
Piper Sandler	41 %	+7.5 %	29	$67 +42%

In short — Should you invest in Devon Energy? Is it too late, still worth it? Analysts are overwhelmingly positive (87% buy, median target $63, i.e. +34%), and the most reliable on DVN targets even higher. But the stock is volatile. We give you both sides, with the numbers — not advice.

✅ Reasons to believe

87% of analysts rate it a buy (Buy consensus, 15 ratings) — a sign of market conviction.
Median price target $63, i.e. +34% from the current price ($47).
The most reliable firm on DVN, Evercore ISI Group (100% hit rate, 2 scored calls), targets $54 (call made on June 10, 2026, maturing on June 10, 2027) (+15%) in its most recent call.
7 analysts rated reliable (≥55% hit rate, beat their sector) are bullish on the stock.
Pays a dividend (2.6% yield) — regular income on top of potential upside.
Reasonable valuation (P/E ~10) relative to its sector.

⚠️ Reasons to hesitate

The consensus is not unanimous: of 15 ratings, 2 are neutral.
A 12-month target is not a guaranteed path: the price can fall in the meantime.
Volatile stock: sharp swings — including steep drops — are part of its profile.

The analyst consensus on DVN

Median target $63 (+34%) · 15 ratings · Buy consensus

Strong Buy17%

Buy1280%

Hold213%

Sell00%

Strong Sell00%

⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.

Frequently asked questions

Should you invest in Devon Energy now?

We won't decide for you. The facts: 87% of analysts rate it a buy, median target $63 (+34%), and Evercore ISI Group (most reliable on DVN, 100%) targets $54. Weigh that against valuation (P/E ~10) and volatility. This is not personalized advice.

Is it too late to invest in Devon Energy?

Not according to analysts: the median target ($63) is still +34% above the current price ($47) (most reliable on DVN: Evercore ISI Group, 100%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.

Is Devon Energy still worth investing in?

It depends on the gap between the price ($47) and its estimated value: analysts target $63 on median (+34%), with 87% buys (most reliable on DVN: Evercore ISI Group, 100%). Cross-check with their real reliability on DVN and the cautions above. Information, not advice.

What's the main risk in buying DVN?

The consensus is not unanimous: of 15 ratings, 2 are neutral.

→ Go deeper: the full Devon Energy profile (consensus, analyst reliability, price target, performance).