| Sport: | basketball |
| Year: | 1994–95 |
| Team: | Wake Forest Demon Deacons |
| Conference: | Atlantic Coast Conference |
| Short Conf: | ACC |
| Coachrank: | 9 |
| Aprank: | 3 |
| Record: | 26–6 |
| Conf Record: | 12–4 |
| Head Coach: | Dave Odom |
| Asst Coach1: | Ricky Stokes |
| Asst Coach2: | Russell Turner |
| Mvp: | Travis Banks |
| Captain: | Travis Banks Randolph Childress |
| Arena: | LJVM Coliseum |
| Champion: | ACC tournament champions ACC regular season champions |
| Tourney: | NCAA tournament |
| Tourney Result: | Sweet Sixteen |
The 1994–95 Wake Forest Demon Deacons men's basketball team represented Wake Forest University as a member of the Atlantic Coast Conference during the 1994–95 men's college basketball season. Led by head coach Dave Odom, the Demon Deacons played their home games at LJVM Coliseum in Winston-Salem, North Carolina.
After entering the season with a No. 24 preseason ranking in both major polls, Wake Forest finished in a four-way tie for the ACC regular season title with a 12–4 conference record. The team defeated Duke, Virginia, and North Carolina (in OT) to win the ACC tournament and receive the No. 1 seed in the East region of the NCAA tournament. After defeating No. 16 seed North Carolina A&T and No. 9 seed Saint Louis to reach the Sweet Sixteen, Wake Forest was knocked off by No. 4 seed and eventual Final Four participant Oklahoma State, 71–66,[1] to finish the season with a 26–6 record. The Demon Deacons were No. 3 in the final AP poll and No. 9 in the final Coaches poll.
Senior guard Randolph Childress was named a consensus second-team All-American and ACC Athlete of the Year. Coach Odom was named ACC Coach of the Year for the second season in a row and third time overall.
Wake Forest finished third in the ACC regular season standings and reached the second round of the NCAA tournament. Head coach Dave Odom was named ACC Coach of the Year for the second time.
|-!colspan=9 style=| Regular season|-!colspan=9 style=| ACC Tournament|-!colspan=9 style=| NCAA Tournament
See main article: 1994–95 NCAA Division I men's basketball rankings. [3]