Capital One Financial Issues Pessimistic Forecast for Devon Energy (NYSE:DVN) Stock Price

Devon Energy (NYSE:DVN) had its price target lowered by Capital One Financial from $52.00 to $51.00 in a research report issued on Tuesday,MarketScreener reports. The firm presently has an “overweight” rating on the energy company’s stock. Capital One Financial‘s price objective indicates a potential upside of 46.43% from the stock’s current price. Capital One Financial also issued estimates for Devon Energy’s Q4 2025 earnings at $0.81 EPS, FY2025 earnings at $3.90 EPS, Q1 2026 earnings at $0.92 EPS, Q2 2026 earnings at $1.00 EPS, Q3 2026 earnings at $1.08 EPS, Q4 2026 earnings at $1.16 EPS, FY2026 earnings at $4.17 EPS and FY2027 earnings at $4.98 EPS.

Several other equities research analysts have also commented on the stock. Wells Fargo & Company dropped their price objective on shares of Devon Energy from $43.00 to $37.00 and set an “overweight” rating on the stock in a research note on Friday, October 17th. Jefferies Financial Group raised their price objective on shares of Devon Energy from $31.00 to $33.00 and gave the company a “hold” rating in a research note on Monday, July 14th. Evercore ISI upped their price objective on Devon Energy from $34.00 to $37.00 and gave the company an “in-line” rating in a research report on Monday, October 6th. Mizuho reduced their price objective on Devon Energy from $43.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, September 15th. Finally, Roth Capital initiated coverage on shares of Devon Energy in a research note on Monday, October 13th. They set a “buy” rating and a $42.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.86.

Devon Energy Stock Down 0.6%

DVN traded down $0.21 during midday trading on Tuesday, hitting $34.83. The company had a trading volume of 591,511 shares, compared to its average volume of 8,540,949. The company has a market capitalization of $21.85 billion, a price-to-earnings ratio of 7.77, a PEG ratio of 2.49 and a beta of 1.01. The stock’s 50 day moving average price is $33.90 and its 200 day moving average price is $33.34. The company has a quick ratio of 1.13, a current ratio of 1.22 and a debt-to-equity ratio of 0.55. Devon Energy has a 52 week low of $25.89 and a 52 week high of $39.74.

Devon Energy (NYSE:DVN) last announced its quarterly earnings data on Wednesday, November 5th. The energy company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.11. Devon Energy had a return on equity of 18.59% and a net margin of 16.57%.The company had revenue of $0.00 million during the quarter, compared to analyst estimates of $4.10 billion. During the same quarter last year, the firm posted $1.10 EPS. On average, research analysts anticipate that Devon Energy will post 4.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Devon Energy

Several hedge funds have recently modified their holdings of DVN. Aprio Wealth Management LLC increased its position in shares of Devon Energy by 4.1% during the 3rd quarter. Aprio Wealth Management LLC now owns 7,521 shares of the energy company’s stock worth $264,000 after purchasing an additional 297 shares during the last quarter. Accredited Wealth Management LLC increased its position in shares of Devon Energy by 61.6% during the third quarter. Accredited Wealth Management LLC now owns 808 shares of the energy company’s stock valued at $28,000 after acquiring an additional 308 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of Devon Energy by 2.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 12,620 shares of the energy company’s stock valued at $442,000 after acquiring an additional 318 shares during the period. SVB Wealth LLC lifted its holdings in shares of Devon Energy by 4.1% in the 1st quarter. SVB Wealth LLC now owns 8,131 shares of the energy company’s stock worth $304,000 after acquiring an additional 321 shares during the last quarter. Finally, Yousif Capital Management LLC lifted its holdings in shares of Devon Energy by 0.4% in the 2nd quarter. Yousif Capital Management LLC now owns 87,272 shares of the energy company’s stock worth $2,776,000 after acquiring an additional 321 shares during the last quarter. Hedge funds and other institutional investors own 69.72% of the company’s stock.

About Devon Energy

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.