Should I buy Devon Energy (DVN) stock or is it too late?
⭐ The most reliable of them, either direction: UBS — 65% of its targets hit on this sector (203 calls tested). It aims for $65 (+30 %), call made on October 8, 2026, maturing on October 8, 2027 (6 d ago).
Firm-by-firm track record on Devon Energy
| Firm | % right | Gain vs sector | Calls | Aims for |
|---|---|---|---|---|
| Raymond James | 50 % | +51.0 % | 28 | $67 +33% |
| Wells Fargo | 55 % | +49.5 % | 22 | $64 +27% |
| Morgan Stanley | 56 % | +36.4 % | 16 | $63 +25% |
| UBS | 62 % | +32.7 % | 8 | $65 +29% |
| Scotiabank | 50 % | +20.7 % | 8 | $46 -8% |
| Bernstein | 67 % | +19.2 % | 6 | $45 -10% |
| Barclays | 40 % | +13.0 % | 20 | $60 +19% |
| Piper Sandler | 41 % | +7.5 % | 29 | $67 +33% |
✅ Reasons to believe
- 93% of analysts rate it a buy (Buy consensus, 14 ratings) — a sign of market conviction.
- Median price target $64, i.e. +26% from the current price ($50).
- 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) (+8%) in its most recent call.
- 5 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 ~11) relative to its sector.
⚠️ Reasons to hesitate
- The consensus is not unanimous: of 14 ratings, 1 is 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 $64 (+26%) · 14 ratings · Buy consensus
⚠️ 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: 93% of analysts rate it a buy, median target $64 (+26%), and Evercore ISI Group (most reliable on DVN, 100%) targets $54. Weigh that against valuation (P/E ~11) and volatility. This is not personalized advice.
Is it too late to invest in Devon Energy?
Not according to analysts: the median target ($64) is still +26% above the current price ($50) (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 ($50) and its estimated value: analysts target $64 on median (+26%), with 93% 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 14 ratings, 1 is neutral.
→ Go deeper: the full Devon Energy profile (consensus, analyst reliability, price target, performance).