Devon Energy (DVN) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Devon Energy (DVN) Stock Forecast for 2023 – 2026. Sell or Buy?

Last update: September 27, 2023 (09:21)

Sector: Energy

The share price of Devon Energy Corp. (DVN) now

What analysts predict: $60.24
52-week High/Low: $76.23 / $43.68

50/200 Day Moving Average: $50.83 / $53.53

This figure corresponds to the Average Price over the previous 50/200 days. For Devon Energy stocks, the 50-day moving average is the resistance level today.

For Devon Energy stocks, the 200-day moving average is the resistance level today.

Are you interested in Devon Energy Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Devon Energy stock price in 2023, 2024, 2025, 2026, 2027. How much will one Devon Energy share be worth in 2023 - 2027?

When should I take profit in Devon Energy stock? When should I record a loss on Devon Energy stock? What are analysts' forecasts for Devon Energy stock? What is the future of Devon Energy stock? We forecast Devon Energy stock performance using neural networks based on historical data on Devon Energy stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Devon Energy stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Devon Energy shares. This happens once a day.




Historical and forecast chart of Devon Energy stock

The chart below shows the historical price of Devon Energy stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Devon Energy stock price can be found in the table below.

Long-term forecasts by years.

Devon Energy daily forecast for a month

Date Target Pes. Opt. Vol., %
Sep 29 48.45 47.74 49.02 2.67
Sep 30 48.43 48.00 48.85 1.78
Oct 01 47.55 47.01 48.14 2.41
Oct 02 47.62 46.75 48.02 2.71
Oct 03 47.13 46.81 47.61 1.72
Oct 04 48.30 47.62 49.14 3.18
Oct 05 48.89 47.92 49.98 4.29
Oct 06 48.28 47.41 49.31 3.99
Oct 07 49.28 48.38 50.18 3.71
Oct 08 48.02 47.15 48.96 3.85
Oct 09 48.06 47.48 48.37 1.87
Oct 10 48.92 47.99 49.45 3.03
Oct 11 48.83 48.28 49.69 2.92
Oct 12 48.49 47.77 49.32 3.24
Oct 13 48.69 48.32 49.43 2.29
Oct 14 48.94 48.07 49.85 3.71
Oct 15 48.62 48.25 48.92 1.38
Oct 16 49.93 48.92 50.95 4.14
Oct 17 49.37 48.61 50.47 3.84
Oct 18 48.14 47.46 48.41 1.99
Oct 19 47.63 47.04 48.23 2.52
Oct 20 47.05 46.60 48.01 3.02
Oct 21 46.83 46.15 47.14 2.16
Oct 22 46.86 45.87 47.48 3.52
Oct 23 47.60 46.84 48.18 2.85
Oct 24 47.63 47.02 48.14 2.38
Oct 25 47.76 47.09 48.83 3.69
Oct 26 48.02 47.25 48.60 2.85
Oct 27 47.57 46.71 48.11 2.99
Oct 28 47.68 46.93 47.95 2.16

Devon Energy Daily Price Targets


Devon Energy Stock Forecast 09-29-2023.

Forecast target price for 09-29-2023: $48.45.
Positive dynamics for Devon Energy shares will prevail with possible volatility of 2.601%.
Pessimistic target level: 47.74
Optimistic target level: 49.02

Devon Energy Stock Forecast 09-30-2023.

Forecast target price for 09-30-2023: $48.43.
Negative dynamics for Devon Energy shares will prevail with possible volatility of 1.749%.
Pessimistic target level: 48.00
Optimistic target level: 48.85

Devon Energy Stock Forecast 10-01-2023.

Forecast target price for 10-01-2023: $47.55.
Negative dynamics for Devon Energy shares will prevail with possible volatility of 2.351%.
Pessimistic target level: 47.01
Optimistic target level: 48.14

Devon Energy Stock Forecast 10-02-2023.

Forecast target price for 10-02-2023: $47.62.
Positive dynamics for Devon Energy shares will prevail with possible volatility of 2.638%.
Pessimistic target level: 46.75
Optimistic target level: 48.02

Devon Energy Stock Forecast 10-03-2023.

Forecast target price for 10-03-2023: $47.13.
Negative dynamics for Devon Energy shares will prevail with possible volatility of 1.690%.
Pessimistic target level: 46.81
Optimistic target level: 47.61

Devon Energy Stock Forecast 10-04-2023.

Forecast target price for 10-04-2023: $48.30.
Positive dynamics for Devon Energy shares will prevail with possible volatility of 3.083%.
Pessimistic target level: 47.62
Optimistic target level: 49.14

DVN (DVN) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Oct. 47.68 43.90 51.46 14.69
Nov. 50.66 48.61 53.95 9.89
Dec. 51.58 47.62 54.93 13.31

Devon Energy forecast for this year


Devon Energy Stock Prediction for Oct 2023

An uptrend is forecast for this month with an optimal target price of $47.6802. Pessimistic: $43.90. Optimistic: $51.46


Devon Energy Stock Prediction for Nov 2023

An uptrend is forecast for this month with an optimal target price of $50.6555. Pessimistic: $48.61. Optimistic: $53.95


Devon Energy Stock Prediction for Dec 2023

An uptrend is forecast for this month with an optimal target price of $51.5774. Pessimistic: $47.62. Optimistic: $54.93



Devon Energy (DVN) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 48.36 44.02 51.31 14.21
Feb 50.37 47.49 55.48 14.40
Mar 53.51 47.95 55.81 14.09
Apr 51.01 49.62 52.34 5.19
May 48.16 46.34 51.16 9.42
Jun 48.10 46.41 50.53 8.17
Jul 47.97 46.47 52.71 11.83
Aug 47.35 43.04 49.75 13.49
Sep 41.75 39.90 44.62 10.58
Oct 45.60 42.46 49.63 14.45
Nov 47.91 42.93 51.21 16.18
Dec 53.95 49.95 58.79 15.03

Devon Energy (DVN) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 59.56 53.37 64.21 16.88
Feb 67.00 60.29 69.00 12.62
Mar 71.96 64.66 76.54 15.52
Apr 67.75 61.94 74.09 16.40
May 63.17 57.26 66.21 13.52
Jun 55.86 51.58 57.46 10.24
Jul 59.42 55.48 63.21 12.22
Aug 60.73 54.73 64.52 15.17
Sep 62.31 57.61 64.74 11.01
Oct 67.90 61.19 70.20 12.83
Nov 67.99 62.25 74.62 16.58
Dec 76.03 71.88 82.95 13.35

Devon Energy (DVN) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 73.37 66.40 81.00 18.02
Feb 66.12 63.02 69.30 9.05
Mar 64.74 60.45 66.85 9.57
Apr 57.08 51.89 62.87 17.47
May 60.64 54.42 65.37 16.76
Jun 65.77 62.86 69.45 9.48
Jul 74.23 71.82 77.90 7.80
Aug 69.41 64.36 74.82 13.99
Sep 74.46 67.20 81.33 17.38
Oct 80.66 77.09 87.79 12.18
Nov 77.41 69.76 83.34 16.30
Dec 81.33 75.94 83.76 9.34

Devon Energy (DVN) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 86.41 79.33 91.91 13.69
Feb 82.92 78.50 88.53 11.32
Mar 77.53 74.81 84.49 11.45
Apr 80.96 75.28 86.12 12.59
May 76.54 71.66 81.91 12.51
Jun 80.12 77.62 87.10 10.88
Jul 86.37 83.00 95.24 12.85
Aug 87.27 80.92 90.90 10.98
Sep 97.59 92.65 105.71 12.36
Oct 93.15 87.46 98.00 10.75
Nov 97.51 93.20 104.23 10.58
Dec 101.19 91.45 111.45 17.94

Devon Energy information and performance

Devon Energy Corporation – один из ведущих независимых производителей нефти и газа в Северной Америке. Помимо США и Канады компания ведёт свою деятельность также в Китае, Азербайджане и Бразилии. Devon Energy была основана в 1971 году отцом и сыном Джоном и Лари Николсами. В портфеле компании доказанные запасы в объеме около 2 миллиардов баррелей нефтяного эквивалента.

Devon Energy Address

333 W. SHERIDAN AVENUE, OKLAHOMA CITY, OK, US

Market Capitalization: 29 850 214 000 $

Market capitalization of the Devon Energy Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of DVN shares in the company outstanding by the market price of one share.

EBITDA: 8 831 000 000 $

EBITDA of Devon Energy is earnings before interest, income tax and depreciation of assets.

PE Ratio: 6.36

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.48

Price/earnings to growth

DPS: 4.51

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0743

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 7.32

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.635
Quarterly Revenue Growth YOY: -0.419
Trailing PE: 6.36

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 6.53

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.403

Enterprise Value (EV) /Revenue

EV To EBITDA: 4.411

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 640700000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Devon Energy (DVN) stock dividend

Devon Energy last paid dividends on 09/14/2023. The next scheduled payment will be on 09/29/2023. The amount of dividends is $4.51 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.