DVN Stock Analysis: Buy, Sell, or Hold?

DVN - Devon Energy Corporation

CRUDE PETROLEUM & NATURAL GAS
$52.11
0.03 (0.07%) ▲
5d: +7.46%
30d: +19.7%
90d: +46.08%
HOLD
MODERATE Confidence
Protect Your DVN Gains
Analysis Updated: Mar 27, 2026 12:00 AM ET
Earnings: May 05, 2026
Smart Money Accumulation

DVN is down 4.5% this week, but smart money is accumulating calls. Top strike: $40 2026-04-17 with 15,372 OI. Call ratio: 72% View Scanner →

Strength: 4.5/10

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Interactive Price Chart (1 Month)

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💡
Bottom Line:
📊 HOLD: DVN trades at premium valuation expecting 8.3% growth. Hold existing positions but don't chase. Wait for better entry.

Long-Term Wealth Forecast (2031)

Based on Analyst Consensus Growth & Historical Valuation

0% (Stagnation) 50% (Hyper Growth)
EST. PRICE IN 2031
$62.04
Based on 8.8% avg growth
INTRINSIC VALUE TODAY
$38.52
Trading above fair value

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 9.9x Exit PE.

In-depth Analysis How we analyze

Valuation Analysis: DVN is currently trading at $52.10, which is considered extended relative to its 30-day fair value range of $43.42 to $49.23. From a valuation perspective, the stock is trading at a premium (Forward PE: 12.6) compared to its historical average (9.9). At these levels, the market is pricing in 8.3% annual earnings growth.

Technical Outlook: Technically, DVN is in a strong uptrend. The price is approaching resistance at $52.71. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.

Market Sentiment: DVN has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.

Quick Decision Summary

Current Position EXTENDED
Fair Price Range $43.42 - $49.23
Company Quality Score 65/100 (BUY)
Volume Confirmation HIGH
Confidence Score 55.7%

Protect Your Profits

DVN is technically overbought (RSI 81). Consider hedging now to protect against a potential pullback while keeping your upside.

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All Signals

  • BEARISH: Price extended above range (+5.8% above fair value)
  • BULLISH: Strong technical setup (60/100)
  • BULLISH: High volume confirmation
  • NEUTRAL: Near Wall St target ($54.44)
  • BULLISH: Expecting earnings turnaround to 8.3% growth with -12.1% revenue growth

Fair Price Analysis

30-Day Fair Range $43.42 - $49.23
Current vs Fair Value EXTENDED

Support & Resistance Levels

Support Level $46.76
Resistance Level $52.71
Current Trend Strong Uptrend
Technical data as of Mar 30, 2026

Fundamental Context

Forward P/E (Next Year Est.) 12.61
Wall Street Target $54.44 (+4.6%)
Revenue Growth (YoY) -12.1%
Earnings Growth (YoY) -8.5%
Profit Margin 16.5%
Valuation Premium vs History +8.3% premium
PE vs Historical 12.6 vs 9.9 STRETCHED
Market-Implied Price Targets If current PE multiple persists
Implied Growth (YoY): +8.3% (market-implied from PE analysis)
1-Year Target $56.39 (+8%)
2-Year Target $61.07 (+17%)
3-Year Target $66.14 (+27%)
3-Yr Target (if PE normalizes) (PE: 13→10) PE COMPRESSION $51.94 (0%)
Earnings growth offset by PE compression
3-Year Scenarios Using analyst projected EPS growth
Bull: (PE: 22.4, Growth: 13.5%) $135.13 (+160%)
Base: (SPY PE: 12.6, Growth: 13.5%) $76.06 (+46%)
Bear: (PE: 9.9, Growth: 13.5%) $59.72 (+15%)
📈 Valuation based on Current Earnings
Trailing PE: 11.67 | Current EPS (TTM): $4.17
Bull Case $59.92 (+24%)
Analyst growth 11.9%, PE expands to 12.8
Base Case $54.47 (+12%)
Market implied 11.9%, PE stable at 11.7
Bear Case $33.09 (-32%)
Severe decline -20.0%, PE contracts to 9.9
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
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Last updated: March 30, 2026 11:58 AM ET
Data refreshes hourly during market hours. Next update: 12:57 PM
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Ticker Score Recommendation Change %
Insider Activity (6 Months)
1
Buys
0
Sells
+
Net
NEUTRAL
Recent Transactions
Julia Letlow BUY 2025-12-08

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Advanced DVN Option Strategies

Professional options setups generated by AI based on today's DVN price and gamma walls.

Iron Condor Bull Call Bear Put Collar

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