WallStSmart
DVN

Devon Energy Corporation

NYSE: DVN · ENERGY · OIL & GAS E&P

$50.23
+0.42% today

Updated 2026-09-11

Market cap
$53.24B
P/E ratio
10.52
P/S ratio
2.84x
EPS (TTM)
$4.60
Dividend yield
2.16%
52W range
$31 – $52
Volume
10.7M

WallStSmart proprietary scores

79
out of 100
Grade: B+
Buy
Investment rating
7.3
Growth
B+
5.5
Quality
C+
7.0
Profitability
B+
4.7
Valuation
C
3/9
Piotroski F-Score
Weak
2.0
Altman Z-Score
Grey zone
Industry rank
View all highly rated stocks (75+) →251 stocks currently score above 75

Price targets

Analyst target
$49.60
-1.25%
12-Month target
$50.25
+0.04%
Intrinsic (DCF)
$34.30
Margin of safety
-42.80%
3 Strong Buy21 Buy3 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Revenue growth 64.20% QoQ
+ Debt/equity 0.28x — low leverage
Risks
- Piotroski 3/9 — weak financial health
- Negative free cash flow $-373.00M
- 42.80% above intrinsic value

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM2026 (E)
Revenue$19.17B$15.26B$15.94B$17.19B$18.78B$18.3B
Net income$6.01B$3.75B$2.89B$2.64B$1.91B
EPS$4.60$3.20
Free cash flow$3.40B$2.60B$-853.00M$2.80B$-373.00M
Profit margin31.38%24.56%18.14%15.37%17.50%

Recent insider activity

DateInsiderTypeSharesPrice
2026-07-01JORDEN, THOMAS ESale7,684
2026-06-30WILLIAMS, VALERIEBuy5,567
2026-06-30WATTS, MARCUS ABuy5,567

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
DVN$53.24B797.37.04.75.5-42.80%Strong Buy
XOM$682.54B747.36.54.76.5-78.25%Strong Buy
CVX$419.90B777.36.55.36.5-89.23%Strong Buy
SHEL$266.01B737.36.55.36.0-63.05%Strong Buy
TTE$202.51B756.76.07.75.5Strong Buy
COP$165.00B787.37.05.77.0Strong Buy

Smart narrative

Devon Energy Corporation trades at $50.23. representing a P/E of 10.52x trailing earnings. Our Smart Value Score of 79/100 indicates the stock is good. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 1.99, it sits in the grey zone. TTM revenue stands at $18.78B. with profit margins at 17.50%. Our DCF model estimates intrinsic value at $34.30.

Frequently asked questions

What is Devon Energy Corporation's stock price?

Devon Energy Corporation (DVN) trades at $50.23, on a P/E of 10.5x and a P/S of 2.8x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is Devon Energy Corporation overvalued?

Devon Energy Corporation carries a Smart Value Score of 79/100 (Grade B+), which we rate Buy. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $34.30 against the $50.23 price, so on cash flow terms the market is paying a premium for Devon Energy Corporation's growth. The Buy rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.

What is the price target of Devon Energy Corporation (DVN)?

The 12-month analyst consensus target is $49.60, about 1.3% below the current $50.23. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

What is the future stock price of DVN by 2030?

Our research-backed model puts the 2030 base case at $395.92, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.

What is the intrinsic value of Devon Energy Corporation (DVN)?

Our DCF model estimates intrinsic value at $34.30, a -42.8% margin of safety versus today's $50.23. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.

What is Devon Energy Corporation's revenue?

Devon Energy Corporation's trailing twelve-month revenue is $18.78B, and our model projects it reaching about $20.40B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.

Altman Z-Score?

Devon Energy Corporation's Altman Z-Score is 1.99, which places it in the grey zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorENERGY
IndustryOIL & GAS E&P
CountryUSA
ExchangeNYSE
CurrencyUSD

Quick metrics

P/S ratio2.84x
ROE7.86%
Beta0.43
50D MA$44.81
200D MA$43.51
Shares out1.10B
Float1.09B
Short ratio
Avg volume10.7M

Performance

1 week+4.52%
1 month+9.55%
3 months+15.39%
YTD+37.13%
1 year+44.46%
3 years
5 years