Devon Energy stock: BMO trims target for Devon Energy stock to USD 65.00
Published on 10/21/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- BMO Capital trimmed 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 44.54 at Lang & Schwarz on October 21, 2026 at 3:31 p.m. CEST.
- Devon Energy will report third-quarter 2026 results on November 5, 2026.
Devon Energy (ISIN US25179M1036) faces a lower BMO Capital target of USD 65.00, down from USD 67.00 in the October 19, 2026 update listed by MarketScreener. The target remains 30.26 percent above Devon Energy's USD 49.91 NYSE price at the latest quoted time on October 21, 2026. Devon Energy was trading at EUR 44.54 at Lang & Schwarz on October 21, 2026 at 3:31 p.m. CEST.
Revenue jumped in the second quarter
Devon's second-quarter revenue reached USD 7.42 billion, compared with USD 4.28 billion a year earlier, a 73.10 percent increase. Net income attributable to common shareholders was USD 1.91 billion, up from USD 899.00 million in the same period. MarketBeat reported the figures on October 16, 2026, including quarterly earnings per share of USD 1.57 against consensus of USD 1.40.
Stock remains below its yearly high
The NYSE quote stood at USD 49.91 on October 21, 2026 at 9:34 a.m. EDT, while Devon Energy's 52-week range was USD 31.65 to USD 52.71 on October 20, 2026. The latest price was 5.31 percent below the yearly high. Market capitalization was USD 54.9 billion, and the price-to-earnings ratio was 11.97.
What does the target change add?
BMO Capital's revised USD 65.00 target is 30.26 percent above the NYSE price of USD 49.91. The comparison is useful because the target was reduced from USD 67.00, even as the second-quarter revenue comparison showed a 73.10 percent increase. Devon Energy's quarterly dividend was USD 0.32 per share, equivalent to a 2.00 percent yield in the latest quoted figures.
November 5 earnings date
Devon Energy announced on October 7, 2026 that it will publish third-quarter results on November 5, 2026 after the close of US financial markets. The company scheduled its conference call for November 6, 2026 at 11:00 a.m. EDT, according to the Devon Energy release.
Price and target remain separate signals
The analyst target offers a USD 65.00 valuation marker, while the euro quote reflects trading for investors in Germany. Devon Energy's operating comparison is also shaped by the Coterra integration period included in the second-quarter results, so the November report will provide the next dated test of revenue and earnings.
The further course of trading is shown by the continuously updated real-time quote of Devon Energy stock.
Devon Energy at a glance
- Company: Devon Energy Corporation
- ISIN: US25179M1036
- Ticker: DVN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 3:31 p.m. CEST): EUR 44.54
- Market capitalization: USD 54.9 billion (as of October 21, 2026)
- 52-week range: USD 31.65-52.71 (as of October 20, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Index membership: S&P 500
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
