Devon Energy stock: Mizuho trims target for Devon Energy stock to USD 65.00
Published on 10/19/2026 at 15:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and next date
- On October 16, 2026, Mizuho lowered its Devon Energy target to USD 65.00.
- Devon Energy will release third-quarter results on November 5, 2026.
- Devon Energy stock costs EUR 44.56 at Lang & Schwarz on October 19, 2026 at 3:10 p.m. CEST, minus 1.26 percent versus the Tradegate close of October 16, 2026.
- Devon Energy had a market capitalization of USD 55.8 billion and a P/E ratio of 12.05.
Mizuho lowered its Devon Energy price target from USD 68.00 to USD 65.00 on October 16, 2026, while keeping an Outperform rating, as MarketBeat reported. Based on the USD 50.73 home-market quote dated October 16, 2026, the revised target stood 28.78 percent above the stock price. Devon Energy stock was trading at EUR 44.56 at Lang & Schwarz on October 19, 2026 at 3:10 p.m. CEST, down 1.26 percent versus the Tradegate close of October 16, 2026 at EUR 45.13.
November 5 results date
The next scheduled reporting event is third-quarter 2026 earnings on November 5, 2026, after the close of U.S. financial markets. The company also scheduled an earnings conference call for November 6, 2026, at 11:00 a.m. EDT, according to Devon Energy. The calendar gives the market a defined date for testing whether the company can extend the operating performance reported for the second quarter of 2026.
Price position at USD 50.73
The Lang & Schwarz bid was EUR 44.24 and the ask was EUR 44.87 at 3:10 p.m. CEST on October 19, 2026. In the home market, Devon Energy last stood at USD 50.73 on October 16, 2026. Its USD 31.47 to USD 52.71 52-week range placed the stock 3.76 percent below the high and 61.19 percent above the low on that date. The October 16 home-market volume was 9,013,655 shares against an average of 10,777,651 shares.
Valuation and peer comparison
Devon Energy had a market capitalization of USD 55.8 billion, a P/E ratio of 12.05 and a trailing dividend yield of 2.00 percent as of October 16, 2026. Those figures place the company in a measurable valuation frame alongside other large U.S. exploration and production stocks.
Comparison with peers
Devon Energy (Lang & Schwarz, EUR): minus 1.26 percent, P/E 12.05, market capitalization USD 55.8 billion.
EOG Resources (NYSE, USD): plus 4.23 percent, P/E 12.30, market capitalization USD 82.9 billion.
Occidental Petroleum (NYSE, USD): plus 2.82 percent, P/E 9.60, market capitalization USD 62.4 billion.
Price and the next catalyst
The euro quote remained below the October 16 Tradegate close during the October 19 session, while the analyst target and the November 5 reporting date provide two separate reference points for the stock. The market capitalization, earnings multiple and dividend yield offer fixed figures for comparing Devon Energy with its peers.
The further course of trading is shown by the continuously updated real-time quote of Devon Energy stock.
Devon Energy market data
- Company: Devon Energy Corporation
- ISIN: US25179M1036
- Ticker: DVN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 3:10 p.m. CEST): EUR 44.56
- Change versus Tradegate close: minus 1.26 percent
- Tradegate close (October 16, 2026): EUR 45.13
- Market capitalization: USD 55.8 billion (as of October 16, 2026)
- 52-week range: USD 31.47-52.71 (as of October 16, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P 500.
