DVN Stock Analysis & Forecast (2026)

Devon Energy Corporation Energy Oil & Gas E&P
$48.15
Current Price
67%
Buy
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Data refreshed: April 24, 2026

Key Financial Metrics

Market Cap
$29.92B
P/E Ratio (TTM)
11.5x
P/E Forward
9.0x
Revenue Growth
-12.1%
Gross Margin
47.7%
Net Margin
16.5%
Return on Equity
17.7%
Debt/Equity
0.56

AI Analysis Summary

Devon Energy Corporation (DVN) is a Energy company in the Oil & Gas E&P industry with a 67% Buy Score. Key strengths include Gross Margin (47.7%), Net Margin (16.5%), Return on Equity (17.7%). Areas to watch: Revenue Growth (-12.1%). Our AI evaluates 8 fundamental categories including revenue growth, margin quality, balance sheet strength, cash flow generation, return on capital, and valuation metrics.

Revenue Growth: Weak Gross Margin: Good Net Margin: Good Return on Equity: Good Debt/Equity: Moderate

This analysis is generated by StrongBuyAnalytics AI using publicly available financial data from SEC filings, earnings reports, and market feeds. It is not personalized investment advice. See our methodology and disclaimer.

DVN Fundamental Analysis Report
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67%
Strong Buy Score
  • 8 Fundamental Categories Analyzed
  • Revenue & Growth Trends
  • Margin & Profitability Analysis
  • Balance Sheet Strength
  • Cash Flow Quality
  • Valuation Assessment
  • AI-Powered Investment Insights
Get Your Free DVN Report

How It Works: AI Stock Analysis in 60 Seconds

See how our AI analyzes DVN fundamentals to generate buy/sell signals and Strong Buy Scores.

Why DVN Has a 67% Score

Our AI evaluates Devon Energy Corporation's fundamentals across multiple dimensions. Here is what is driving the current Buy rating:

Recent Catalysts for DVN

Key developments and data points that may impact Devon Energy Corporation's trajectory:

Wall Street consensus target is $58.44 (+21.4% from current price), based on 25 analyst estimates.
Analyst consensus recommendation: Strong Buy.
Institutional ownership at 83.2% — strong smart-money backing.
Dividend yield of 1.99% provides income while you wait for capital appreciation.

DVN vs. Peers

How Devon Energy Corporation stacks up against comparable Energy companies on key metrics:

Ticker Price Market Cap P/E Rev Growth Net Margin ROE
DVN $48.15 $29.92B 11.5x -12.1% 16.5% 17.7%
AAPL $273.43 $4.01T 34.6x 15.7% 27.0% 152.0%
MSFT $415.75 $3.09T 26.0x 16.7% 39.0% 34.4%
GOOGL $338.89 $4.10T 31.3x 18.0% 32.8% 35.7%
AMZN $255.08 $2.74T 35.6x 13.6% 10.8% 22.3%

Main Risks for DVN Investors

Every investment carries risk. Here are the specific risk factors our analysis identified for Devon Energy Corporation:

Revenue Growth (-12.1%)
Low beta of 0.53 suggests limited upside participation in bull markets.

Generate the full PDF report for a detailed risk-reward framework and bear-case scenarios.

DVN Balance Sheet & Cash Flow

A snapshot of Devon Energy Corporation's financial health based on the most recent filings:

Total Cash
$1.38B
Total Debt
$8.69B
Current Ratio
0.98
FCF Yield
7.1%
EBITDA
$7.48B
Operating Margin
22.7%

Data sourced from the latest SEC filings. Generate the full PDF report for detailed balance sheet and cash flow commentary.

DVN Valuation Snapshot

Trailing P/E
11.5x
Value territory
Forward P/E
9.0x
Earnings growth expected
Price / Book
1.9x
Reasonable
PEG Ratio
2.79
Expensive vs growth
Analyst Target (Mean)
$58.44
Range: $41 – $69
Dividend Yield
1.99%
5Y avg: 5.10%
52-Week Price Range — DVN is trading at 80% of its range
$29.70 (52W Low) $52.71 (52W High)

Is DVN a Buy Right Now?

Based on our AI-powered fundamental analysis, DVN has a Strong Buy Score of 67%, earning a "Buy" rating. This score synthesizes 8 key financial metrics to provide an objective investment signal.

Moderate Buy Signal

Devon Energy Corporation shows mixed fundamentals with some strengths and areas to monitor. Positives include Gross Margin (47.7%). Watch for Revenue Growth (-12.1%).

DVN AI Buy & Sell Signals Explained

Our AI analyzes Devon Energy Corporation's financial statements to generate buy/sell signals based on quantitative metrics, not market sentiment or news headlines. Here's what drives the 67% score:

  • Revenue Growth: -12.1% year-over-year (declining)
  • Gross Margin: 47.7% (strong pricing power)
  • Net Margin: 16.5% (highly profitable)
  • Return on Equity: 17.7% (excellent capital efficiency)

Generate the full PDF report for complete category-by-category scoring and AI-powered investment recommendations.

Key Support / Demand Zones

Technical traders can view real-time demand and supply zones for DVN on our Demand Zones page. These zones identify key price levels where institutional buying or selling has historically occurred.

With DVN currently trading at $48.15, our system monitors proximity to these critical levels and can alert you when the stock approaches support or resistance zones.

Subscribe to demand zone alerts to receive real-time notifications when DVN reaches key technical levels.

Earnings & Revenue Outlook

Devon Energy Corporation operates in the Energy sector, specifically in Oil & Gas E&P. Understanding earnings trends is crucial for forecasting DVN's trajectory.

Current revenue growth of -12.1% trails the average company.

Visit our Earnings Calendar to track upcoming DVN earnings dates and historical beat/miss patterns. Sign up for earnings alerts to get notified before announcements.

DVN Stock Forecast (Next 3–12 Months)

Our AI projects DVN's trajectory based on current fundamentals and historical patterns. With a 67% Strong Buy Score, here's what the data suggests:

Mixed Outlook: Devon Energy Corporation shows moderate fundamental strength. Revenue growth at -12.1% and warrants monitoring. The stock may trade sideways or experience modest gains depending on execution and market conditions.

For a complete 12-month price forecast with specific bull/bear scenarios, generate the full PDF report.

Valuation Metrics (P/E, Growth, Margins)

Understanding valuation is critical for determining if DVN is fairly priced. Here's the current snapshot:

  • Market Capitalization: $29.92B
  • P/E Ratio (TTM): 11.5x (value territory)
  • Forward P/E: 9.0x (based on analyst estimates)
  • Debt/Equity: 0.56 (moderate leverage)

Our AI weighs these metrics against growth rates and margin quality to determine if DVN offers compelling risk-adjusted returns at current prices.

Bull Case for DVN

Here's why investors are bullish on Devon Energy Corporation:

  • Gross Margin (47.7%)
  • Net Margin (16.5%)
  • Return on Equity (17.7%)

While these positives exist, investors should weigh them against the risks outlined in the bear case below.

Bear Case & Risks for DVN

Every investment carries risk. Here are potential concerns for DVN investors:

  • Revenue Growth (-12.1%)

The full PDF report includes a detailed bear case analysis with specific risk ratings for each category.

Summary / 12-Month Outlook

DVN Summary: Devon Energy Corporation earns a 67% Buy Score based on AI analysis of fundamental data. Trading at $48.15 with a $29.92B market cap, the stock presents a balanced risk/reward profile for the coming year.

Bull Case: Gross Margin (47.7%), Net Margin (16.5%)

Watch: Revenue Growth (-12.1%)

For the complete analysis with specific price considerations, growth projections, and AI-powered buy/hold/sell recommendations, generate your free DVN PDF report.

Learn More About Stock Analysis

Deepen your understanding of the concepts used in this DVN analysis:

Fundamental Analysis Guide

Learn how to evaluate stocks using financial statements and key metrics.

Understanding P/E Ratio

What P/E ratio tells you about a stock's valuation and growth expectations.

Return on Equity (ROE)

Why ROE matters for stock selection and how to interpret it.

Stock Valuation Methods

Compare DCF, P/E, and other approaches to value stocks like DVN.

What Are Demand Zones?

Find key support and resistance levels for DVN and other stocks.

How to Read Earnings Reports

Understand earnings per share, revenue surprises, and guidance.

Related Tools for DVN

Demand Zone Analyzer DVN Live Chart DVN SEC Filing News Earnings Calendar Institutional Ownership Sector Scanner Average Down Calculator

DVN SEC Filing News

Latest SEC filings for DVN explained in plain English — insider buys/sells (Form 4), proposed sales (Form 144), material events (8-K), and quarterly & annual reports.

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Frequently Asked Questions about DVN

Is DVN a good buy right now?
DVN currently has a Strong Buy Score of 67% (Buy). DVN shows moderate buy signals. The stock has mixed fundamentals worth reviewing in detail. Generate a free PDF report for specific buy/hold/sell recommendations.
What is the DVN stock forecast for 2026?
Our AI forecasts DVN based on current fundamentals: revenue growth of -12.1%, net margin of 16.5%, and P/E of 11.5x. The 67% Strong Buy Score reflects our outlook combining growth trajectory, margin quality, and valuation. See the full 12-month projection in your PDF report.
What are key support and resistance levels for DVN?
View real-time DVN demand zones (support) and supply zones (resistance) on our Demand Zones page. With DVN currently at $48.15, you can see how close the stock is to key technical levels. Subscribe to get alerts when DVN approaches these zones.
How do DVN fundamentals compare to peers?
Devon Energy Corporation operates in the Energy sector. Key metrics for peer comparison: Gross margin 47.7%, ROE 17.7%, Debt/Equity 0.56. The 67% Strong Buy Score factors in how these metrics stack up against industry averages. Data is refreshed daily.
Is the DVN analysis PDF report free?
Yes! Your first DVN fundamental analysis report is completely free with no credit card required. The PDF includes the full Strong Buy Score breakdown, all 8 fundamental categories analyzed, AI-powered insights, and specific investment recommendations. Additional reports are available through our subscription plans starting at $24/month.
What is Devon Energy Corporation's market cap and P/E ratio?
Devon Energy Corporation (DVN) has a market cap of $29.92B and a trailing P/E ratio of 11.5x (forward P/E: 9.0x). These valuation metrics are key factors in our Strong Buy Score calculation. See all metrics in the PDF report for comprehensive valuation analysis.

This DVN analysis is for educational and informational purposes only and does not constitute financial advice. All data is sourced from public filings and market feeds. Past performance does not guarantee future results. Read our full disclaimer.