Zacks lifts Devon Energy estimate to USD 5.02 for Devon Energy stock

Published on 10/27/2026 at 16:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 7.42 billion, up 73.10 percent. Devon Energy stock costs EUR 45.50 on October 27, 2026 at 4:16 p.m. CEST.

Zacks updates earnings view

Zacks Research raised its full-year 2026 earnings-per-share estimate to USD 5.02 on October 26, 2026.
Second-quarter revenue reached USD 7.42 billion, up 73.10 percent year over year.
Devon Energy stock costs EUR 45.50 at Lang & Schwarz on October 27, 2026 at 4:16 p.m. CEST.

Devon Energy, US25179M1036, Illustration mit AI erstellt.

Devon Energy's full-year 2026 earnings-per-share estimate rose from USD 4.96 to USD 5.02 in a Zacks Research note dated October 26, 2026, according to MarketBeat. Devon Energy was trading at EUR 45.50 at Lang & Schwarz on October 27, 2026 at 4:16 p.m. CEST.

Revenue sets the earnings backdrop

Devon Energy's second-quarter 2026 revenue reached USD 7.42 billion, compared with analyst expectations of USD 6.01 billion. The figure was up 73.10 percent from the same quarter a year earlier, while earnings per share came in at USD 1.57 against a USD 1.40 consensus estimate, MarketBeat reported on October 27, 2026.

Stock stays below its yearly high

On the NYSE, Devon Energy was trading at USD 50.69 on October 27, 2026 at 11:30 a.m. EDT. Its USD 52.71 52-week high leaves the stock 3.83 percent below that mark, while the USD 31.65 low shows a USD 21.06 spread between the yearly extremes.

Valuation and reporting dates

MarketBeat listed Devon Energy's market capitalization at USD 56.79 billion and its price-to-earnings ratio at 12.26 on October 27, 2026. The company also maintains a quarterly dividend of USD 0.32, equivalent to a 2.50 percent yield, according to the same report.

Devon Energy said on October 7, 2026 that it will publish third-quarter 2026 results after the U.S. market close on November 5, 2026. The conference call is scheduled for November 6, 2026 at 11:00 a.m. EDT, according to Devon Energy.

What the estimate means for earnings

The revised USD 5.02 full-year estimate remains below the USD 5.49 consensus cited by MarketBeat on October 27, 2026. That USD 0.47 gap puts the November results in a clear position to test both the updated analyst view and the wider earnings expectation.

Price and earnings remain linked

Devon Energy combines a USD 50.69 NYSE quotation with a 12.26 price-to-earnings ratio and a second-quarter revenue increase of 73.10 percent. The next dated test is the November 5, 2026 results release.

Devon Energy was trading at EUR 45.50 at Lang & Schwarz on October 27, 2026 at 4:16 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Devon Energy stock.