3 Top Analysts Upgrade DEVON ENERGY CORP/DE Price Targets
3 raises inside 7 days
Price targets move in herds, which is exactly why a cluster of raises inside a week is worth separating from a single analyst changing their mind. Here is who moved, by how much, and what the people inside the company were doing at the same time.
| Analyst | New target | Upside % |
|---|---|---|
| Devin McDermott | $65.00 | +32% |
| Mark Lear | $61.00 | +23.9% |
| Betty Jiang | $60.00 | +21.9% |
The upgrades
3 analysts raised targets on DVN in the last 7 days, the most recent on October 15th, 2026.
The new targets run from $60.00 to $65.00, against a share price of $49.24.
A target is a published opinion with a number attached. It commits the analyst to something checkable, which is more than most commentary does.
| Analyst | New target | Upside % |
|---|---|---|
| Devin McDermott | $65.00 | +32% |
| Mark Lear | $61.00 | +23.9% |
| Betty Jiang | $60.00 | +21.9% |
What insiders did over the same period
Over six months the filings record $199,876 of open-market buying and $5.60 million of selling by company insiders.
Insiders were net sellers, which puts their money on the other side of the upgrades. Sales can be scheduled under a 10b5-1 plan and are not necessarily a view on value.
Analysts publish opinions; insiders publish transactions. When the two disagree it is worth knowing which one has money behind it.
- September 14th, 2026buyGaspar Clay M · CEO$199,876Form 4
- September 14th, 2026sellLowe Robert Ferrall III · Other$344,218Form 4
- June 10th, 2026sellAlexander Andrea · Other$841,320Form 4
- May 14th, 2026sellVela Adam M · Other$1.15 millionForm 4
- May 11th, 2026sellRitenour Jeffrey L · Other$3.27 millionForm 4
- September 14th, 2026buyGaspar Clay M · CEO$199,876Form 4
- September 14th, 2026sellLowe Robert Ferrall III · Other$344,218Form 4
- June 10th, 2026sellAlexander Andrea · Other$841,320Form 4
- May 14th, 2026sellVela Adam M · Other$1.15 millionForm 4
- May 11th, 2026sellRitenour Jeffrey L · Other$3.27 millionForm 4
The bottom line
A wave of raises tells you sentiment moved. The filings tell you whether anyone inside the building agreed. Not investment advice. Summarized from public SEC Form 4 and congressional disclosure data and analyst ratings data.