Home / Stocks / DVN

Devon Energy (DVN, Oil & Gas Exploration & Production) Stock Valuation & Fair Value Fairly valued

Devon Energy (DVN, Oil & Gas Exploration & Production) trades at a blended P/E of 10.4, about 17% below its historical normal valuation, with a forward growth estimate of 8.3% and a PEG of 1.25. Analysts' one-year estimates have been hit 9% of the time.

DATA AS OF 2026-08-21
Blended P/E
10.4
Normal P/E
12.4
PEG
1.25
Fwd growth
8.3%
Div yield
2.6%
RSI (14)
64.3
Neutral

The Street vs SeerForecast

Wall Street's mean price target for DVN is $59.58 across 26 analysts, 21.3% above the current price. The average analyst rating is Strong Buy. Our SeerForecast read of the same stock, formed without analyst targets: fairly valued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from quality business with a solid forward outlook (2026-06-03) to fairly valued (2026-08-21).

Price and rating by weekClose moved -0.0 percent from 2026-06-03 to 2026-08-17, with 1 rating change over 21 recorded weeks.2026-06-03: Quality business with a solid forward outlook, close 45.85 (recalculated)2026-06-10: Quality business with a solid forward outlook, close 46.27 (recalculated)2026-06-14: Quality business with a solid forward outlook, close 44.99 (recalculated)2026-06-16: Quality business with a solid forward outlook, close 42.89 (recalculated)2026-06-21: Quality business with a solid forward outlook, close 42.12 (recalculated)2026-07-02: Quality business with a solid forward outlook, close 40.47 (recalculated)2026-07-06: Quality business with a solid forward outlook, close 40.36 (recalculated)2026-07-09: Quality business with a solid forward outlook, close 42.02 (recalculated)2026-07-12: Quality business with a solid forward outlook, close 42.23 (recalculated)2026-07-13: Quality business with a solid forward outlook, close 43.73 (recalculated)2026-07-14: Quality business with a solid forward outlook, close 43.40 (recalculated)2026-07-20: Quality business with a solid forward outlook, close 43.78 (recalculated)2026-07-22: Quality business with a solid forward outlook, close 44.88 (recalculated)2026-07-25: Quality business with a solid forward outlook, close 45.04 (recalculated)2026-07-27: Quality business with a solid forward outlook, close 43.16 (recalculated)2026-07-31: Quality business with a solid forward outlook, close 45.13 (recalculated)2026-08-03: Quality business with a solid forward outlook, close 45.132026-08-07: Fairly valued, close 42.98 (recalculated)2026-08-10: Fairly valued, close 42.982026-08-14: Fairly valued, close 45.85 (recalculated)2026-08-17: Fairly valued, close 45.8546462026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 9.7-22%Quality business with a solid forward outlook
2026-06-10P/E 9.7-22%Quality business with a solid forward outlook
2026-06-14P/E 9.7-22%Quality business with a solid forward outlook
2026-06-16P/E 9.7-22%Quality business with a solid forward outlook
2026-06-21P/E 9.7-22%Quality business with a solid forward outlook
2026-07-02P/E 8.7-30%Quality business with a solid forward outlook
2026-07-06P/E 8.8-29%Quality business with a solid forward outlook
2026-07-09P/E 8.8-29%Quality business with a solid forward outlook
2026-07-12P/E 9.3-25%Quality business with a solid forward outlook
2026-07-13P/E 9.3-25%Quality business with a solid forward outlook
2026-07-14P/E 9.3-25%Quality business with a solid forward outlook
2026-07-20P/E 9.8-22%Quality business with a solid forward outlook
2026-07-22P/E 9.8-22%Quality business with a solid forward outlook
2026-07-25P/E 10.1-19%Quality business with a solid forward outlook
2026-07-27P/E 10.1-19%Quality business with a solid forward outlook
2026-07-31P/E 9.9-21%Quality business with a solid forward outlook
2026-08-03P/E 10.1-19%Quality business with a solid forward outlook
2026-08-07P/E 9.3-25%Fairly valued
2026-08-10P/E 9.3-25%Fairly valued
2026-08-14P/E 9.4-25%Fairly valued
2026-08-17P/E 9.9-20%Fairly valued
2026-08-21P/E 10.4-17%Fairly valued ← now

Frequently asked questions

Is Devon Energy stock overvalued?

At a blended P/E of 10.4 versus its historical normal P/E of 12.4, Devon Energy trades about 17% below its typical valuation, with a PEG of 1.25 on 8.3% forward growth. tickerseer currently rates it fairly valued.

What is Devon Energy's fair value and PEG?

Devon Energy trades at a blended P/E of 10.4 against a historical normal P/E of 12.4, a PEG of 1.25, and a forward growth estimate of 8.3%.

Has tickerseer's rating of Devon Energy changed?

tickerseer's rating moved from quality business with a solid forward outlook (2026-06-03) to fairly valued (2026-08-21).

What is the analyst price target for Devon Energy?

The mean Wall Street price target for Devon Energy is $59.58 across 26 analysts, 21.3% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Oil & Gas Exploration & Production. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

See the full analysis →🔔 Track DVN free: valuation & earnings alerts

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. Educational content, not investment advice.