Devon Energy stock: BMO trims target from USD 67.00 to USD 65.00
Published on 10/22/2026 at 17:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and reporting date
- BMO Capital adjusted its Devon Energy target to USD 65.00 from USD 67.00 on October 19, 2026.
- Second-quarter revenue reached USD 7.42 billion, up 73.10 percent year over year.
- Devon Energy stock costs EUR 43.70 at Lang & Schwarz on October 22, 2026 at 5:12 p.m. CEST.
- Devon Energy will publish third-quarter results on November 5, 2026.
Devon Energy (ISIN US25179M1036) faces a lower near-term valuation marker after BMO Capital adjusted its price target from USD 67.00 to USD 65.00 on October 19, 2026, according to MarketScreener. Devon Energy was trading at EUR 43.70 at Lang & Schwarz on October 22, 2026 at 5:12 p.m. CEST.
Target falls to USD 65.00
The BMO adjustment followed a series of recent target changes. MarketScreener listed 28 analysts in its consensus table, with an average target of USD 61.59 and a high target of USD 74.00 on October 20, 2026. At the NYSE, Devon Energy was last quoted at USD 48.80 on October 22, 2026 at 11:22 a.m. ET, putting BMO's target 33.20 percent above that home-market price.
Second-quarter revenue reached USD 7.42 billion
Devon's second-quarter revenue was USD 7.42 billion, up 73.10 percent from the same period a year earlier. Adjusted earnings per share came to USD 1.57, compared with a USD 1.40 consensus estimate, according to MarketBeat on October 16, 2026. The revenue comparison is the stronger operating signal because it combines the period result with a quantified year-over-year change.
Price range and valuation
Devon Energy's 52-week range was USD 31.65 to USD 52.71 as of October 22, 2026. The stock's USD 48.80 NYSE quote sat below the high, while the trailing valuation multiple was 11.59 and the dividend yield was 2.00 percent. The company operates as an independent US oil and gas producer, with activity spanning oil, natural gas and natural gas liquids.
November 5 results date
Devon Energy scheduled its third-quarter 2026 results for November 5, 2026, after the close of US financial markets, and set the conference call for November 6, 2026. The date was announced in an investor release dated October 7, 2026, published by Devon Energy. That report will provide the next formal update on production, cash flow and the combined business.
Stock trades at EUR 43.70
Devon Energy's EUR 43.70 quote at Lang & Schwarz on October 22, 2026 at 5:12 p.m. CEST places the German-market indication below its USD 52.71 52-week high comparison, which comes from the home-market quote. The further course of trading is shown by the continuously updated real-time quote of Devon Energy stock.
Devon Energy stock facts
- Company: Devon Energy Corporation
- ISIN: US25179M1036
- Ticker: DVN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 22, 2026, 5:12 p.m. CEST): EUR 43.70
- Market capitalization: USD 53.7 billion (as of October 22, 2026)
- 52-week range: USD 31.65-52.71 (as of October 22, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
