Fintel reports that on October 17, 2025, Wells Fargo maintained coverage of Devon Energy (NYSE:DVN) with a Overweight recommendation.
Analyst Price Forecast Suggests 45.03% Upside
As of September 29, 2025, the average one-year price target for Devon Energy is $46.02/share. The forecasts range from a low of $33.33 to a high of $73.50. The average price target represents an increase of 45.03% from its latest reported closing price of $31.73 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Devon Energy is 15,902MM, a decrease of 1.26%. The projected annual non-GAAP EPS is 6.44.
What is the Fund Sentiment?
There are 1,897 funds or institutions reporting positions in Devon Energy. This is an decrease of 47 owner(s) or 2.42% in the last quarter. Average portfolio weight of all funds dedicated to DVN is 0.25%, an increase of 6.65%. Total shares owned by institutions decreased in the last three months by 0.89% to 558,249K shares. 
The put/call ratio of DVN is 0.95, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 20,634K shares representing 3.25% ownership of the company. In its prior filing, the firm reported owning 20,455K shares , representing an increase of 0.87%. The firm decreased its portfolio allocation in DVN by 23.45% over the last quarter.
Geode Capital Management holds 18,596K shares representing 2.93% ownership of the company. In its prior filing, the firm reported owning 18,378K shares , representing an increase of 1.17%. The firm decreased its portfolio allocation in DVN by 23.33% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 18,226K shares representing 2.87% ownership of the company. In its prior filing, the firm reported owning 18,247K shares , representing a decrease of 0.12%. The firm decreased its portfolio allocation in DVN by 24.53% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 14,172K shares representing 2.23% ownership of the company. In its prior filing, the firm reported owning 13,978K shares , representing an increase of 1.37%. The firm decreased its portfolio allocation in DVN by 21.31% over the last quarter.
XLE - The Energy Select Sector SPDR Fund holds 12,879K shares representing 2.03% ownership of the company. In its prior filing, the firm reported owning 14,378K shares , representing a decrease of 11.64%. The firm decreased its portfolio allocation in DVN by 5.93% over the last quarter.
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