Dover

DOV · NYSE

$197.14+$1.77 (+0.91%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $195.37

DOV analyst rating

BuyConsensus of 13 analysts over the last 12 months. 69% rate it a buy.

Strong buy0
Buy9
Hold4
Underperform0
Sell0

12-month price target · 21 analysts

Average $243.60 (+23.6% upside)

Low: $171.46
Now: $197.14
High: $287.70

Upgrades and downgrades

The latest rating actions, newest first

DOV analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Mizuho	Oct 15, 2026	Maintains	Outperform	$270.00 → $245.00	66%
RBC Capital	Oct 14, 2026	Maintains	Sector Perform	$227.00 → $216.00	43%
Wells Fargo	Sep 25, 2026	Initiates	Overweight	$229.00	60%
RBC Capital	Jul 24, 2026	Maintains	Sector Perform	$252.00 → $227.00	57%
BMO Capital	Jul 24, 2026	Upgrade	Market Perform → Outperform	$255.00 → $240.00	27%
Morgan Stanley	Jun 4, 2026	Maintains	Equal-Weight	$210.00 → $230.00	68%
Seaport Global	Apr 28, 2026	Maintains	Buy	$245.00 → $265.00	86%
Barclays	Apr 24, 2026	Maintains	Equal-Weight	$206.00 → $230.00	65%
BMO Capital	Apr 24, 2026	Maintains	Market Perform	$237.00 → $250.00	27%
Oppenheimer	Apr 24, 2026	Maintains	Outperform	$242.00 → $250.00	49%

The case for and against

Updated May 5, 2026

Bull case

Dover is expected to have a positive outlook due to its strong revenue growth and margin expansion in all five segments as well as its focus on sustainability and diverse portfolio. While margins have slightly declined and there are potential risks such as competition and economic conditions, the company has a solid balance sheet and has seen growth in both bookings and organic bookings. It also has a strong presence in North America and a predominantly independent board, which may provide stability and long-term growth potential. However, it is important to consider the potential impact of a decline in global industrial demand and any challenges with integration of acquisitions.

Bear case

Dover is experiencing a period of bookings growth, with strong orders in its backlog for clean energy components and polymer processing, indicating a potential uptick in demand for these products. However, its fueling solutions segment, which offers services for alternative fuels like CNG and EV charging stations, may face challenges as traditional fueling demand resumes and competition in the clean energy space increases. Despite this, Dover's efforts to streamline its portfolio and focus on higher-margin secular growth sectors may provide some support to its valuation and potential for earnings growth.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.