Devon Energy (DVN) Stock: Buy, Sell, or Hold?
DVN - Devon Energy Corporation
$49.87
-0.51 (-1.01%)
âŧ
5d:
-0.1%
30d:
+6.26%
90d:
+10.11%
WAIT
LOW Confidence
Analysis Updated: Oct 21, 2026 12:00 AM ET
Earnings: Nov 05, 2026
13d
Smart Money Distribution
Options positioning is turning defensive after a sharp run-up - a pattern consistent with institutional profit-taking. View Scanner →
Signal fired Oct 2, 2026 at $47.65 · last confirmed Oct 16, 2026
Strength: 7.2/10
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Interactive Price Chart (1 Month)
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Bottom Line:
âšī¸ NEUTRAL: DVN is fairly priced but lacks strong directional signals. At 2.3% expected growth, valuation appears fair. Wait for clearer setup or better entry on dips.
âšī¸ NEUTRAL: DVN is fairly priced but lacks strong directional signals. At 2.3% expected growth, valuation appears fair. Wait for clearer setup or better entry on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$39.85
Based on -3.1% avg growth
INTRINSIC VALUE TODAY
$24.74
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 9.5x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: DVN is currently trading at $49.87, which is considered slightly high relative to its 30-day fair value range of $47.22 to $49.98. The stock's valuation (Forward PE: 10.1) is in line with its historical norms (9.5). At these levels, the market is pricing in 2.3% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, DVN is in a strong uptrend. Immediate support is located at $48.13, while resistance sits at $51.68.
Market Sentiment: DVN scores 24/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $61.59 (+23.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, DVN is in a strong uptrend. Immediate support is located at $48.13, while resistance sits at $51.68.
Market Sentiment: DVN scores 24/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $61.59 (+23.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
SLIGHTLY HIGH
Historical Trading Range
$47.22 -
$49.98
Company Quality Score
45/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
43.8%
Protect Your Profits
Holding DVN? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BEARISH: Weak technical setup (24/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 23.5% below Wall St target ($61.59)
- NEUTRAL: Market pricing in 2.3% annual earnings growth - fairly valued
- WARNING: Composite score 45/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$47.22 -
$49.98
Current vs Trading Range
SLIGHTLY HIGH
Support & Resistance Levels
Support Level
$48.13
Resistance Level
$51.68
Current Trend
Strong Uptrend
Technical data as of
Oct 21, 2026
Fundamental Context
Forward P/E (Next Year Est.)
10.12
Wall Street Target
$61.59
(+23.5%)
Revenue Growth (YoY)
64.2%
Earnings Growth (YoY)
44.0%
Profit Margin
17.5%
Valuation Premium vs History
+2.3% premium
PE vs Historical
10.1 vs 9.5
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+2.3%
(market-implied from PE analysis)
1-Year Target
$51.02
(+2%)
2-Year Target
$52.19
(+5%)
3-Year Target
$53.39
(+7%)
3-Yr Target (if PE normalizes)
(PE: 10â10)
PE COMPRESSION
$50.14
(+1%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: -10.1%)
$71.38
(+43%)
Base:
(SPY PE: 10.1, Growth: -10.1%)
$36.36
(-27%)
Bear:
(PE: 8.6, Growth: -10.1%)
$30.90
(-38%)
đ
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (11x PE), but valuation improves significantly next year (10x PE) as earnings recover.
Trailing PE: 10.98 | Current EPS (TTM): $4.59
Bull Case
$59.52
(+19%)
Analyst growth 7.4%, PE expands to 12.1
Base Case
$54.11
(+9%)
Market implied 7.4%, PE stable at 11.0
Bear Case
$34.26
(-31%)
Severe decline -20.0%, PE contracts to 9.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: October 22, 2026 7:39 AM ET
Data refreshes hourly during market hours. Next update: 8:39 AM
Data refreshes hourly during market hours. Next update: 8:39 AM
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Technical Signals Check
Is DVN showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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Advanced DVN Option Strategies
Professional options setups generated by AI based on today's DVN price and gamma walls.
