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DVNDevon Energy

What Is DVN Fair Value?

Devon Energy (DVN) fair value estimate using multiple valuation models, updated daily.

As of August 29, 2026, Devon Energy (DVN) has a composite fair value estimate of $52.82 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $47.35, suggesting the stock is fair value by 11.5%.

Data as of August 29, 2026 (today)

Composite Fair Value

Fair Value4 of 4 models

$52.82

vs. current price of $47.35(+11.5%)

Undervalued$52.82Overvalued
$47.35

How Is DVN Fair Value Calculated?

Four independent models estimate what DVN is worth. Each uses different inputs and assumptions. The composite blends them by weight.

DVN Intrinsic Value

Forward-looking models based on future cash flows

DCF (Discounted Cash Flow)

35% weight

Estimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →

$42.74

-9.7%

Fair Value

Inputs used

FCF: 2BGrowth: 5.0%Discount: 6%

DDM (Dividend Discount Model)

15% weight

If a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →

$30.48

-35.6%

Overvalued

Inputs used

Dividend: $1.28/yrReq. Return: 7%Growth: 2.5%

DVN Fair Value

Current fundamentals: earnings, assets, and growth rate

Graham Number (Value Investing)

25% weight

Created by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →

$67.23

+42.0%

Undervalued

Inputs used

EPS: $5.53Book Value: $36.31

PEG (Price/Earnings to Growth)

25% weight

Checks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.

$55.34

+16.9%

Undervalued

Inputs used

EPS: $5.53Growth: 5.0%

What If You Change the Assumptions?

Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.

Your DCF Fair Value

$42.74Fair Value

Current price $47.35 is 9.7% above this estimate

CheapFair ValueExpensive
5.0%
0.0%30.0%
6.3%
6.0%15.0%
2.5%
1.0%4.0%
15.0%
0.0%50.0%
View 10-year cash flow projections
YearProjected FCF (Free Cash Flow)Present Value
Year 1$2.08B$1.96B
Year 2$2.18B$1.93B
Year 3$2.29B$1.91B
Year 4$2.41B$1.89B
Year 5$2.53B$1.87B
Year 6$2.66B$1.84B
Year 7$2.79B$1.82B
Year 8$2.93B$1.80B
Year 9$3.07B$1.78B
Year 10$3.23B$1.76B
Terminal Value$87.66B$47.70B

What Are DVN's Key Financial Metrics?

Earnings & Growth

Current Price

$47.35

EPS (TTM)

$4.62

Forward P/E

8.7

Profit Margin

17.5%

Cash & Balance Sheet

Free Cash Flow

782.6M

EBITDA

8.9B

Book Value

$36.31

Total Debt

11.9B

What Do Analysts Say About DVN?

Low

$44.00

Average

$59.46

High

$68.00

Upside

+25.6%

Current $47.35Avg Target $59.46Strong Buy26 analysts

DVN Fair Value FAQ

What is the fair value of DVN?

Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), DVN's estimated fair value is $52.82. The stock is currently trading at $47.35, which makes it fair value by our analysis.

How is DVN's fair value calculated?

We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.

Is DVN overvalued or undervalued?

Based on our analysis, DVN is fair value. The current price of $47.35 is 11.5% below our estimated fair value of $52.82.

What do Wall Street analysts say about DVN?

26 analysts cover Devon Energy with a consensus rating of "Strong Buy." The average price target is $59.46, ranging from $44.00 to $68.00. This implies 25.6% upside from the current price.