8.6% Below Target

The consensus price target for DOV is $242.73, close to the current price of $223.57 (8.6% implied move). Based on 28 analyst estimates, the stock appears fairly valued near current levels.

DOV has a consensus rating of "Buy" based on 28 Wall Street analysts. The rating breakdown is predominantly bullish, with 18 Buy/Strong Buy ratings. The consensus 12-month price target of $242.73 implies 8.6% upside from current levels.

DOV trades at a forward P/E of 20.9637x, representing a moderate valuation. With analysts targeting $242.73 (8.6% implied move), the stock appears reasonably valued with upside.

The most bullish Wall Street analyst has a price target of $279 for DOV, while the most conservative target is $205. The consensus of $242.73 represents the median expectation. Our quantitative valuation model projects a bull case target of $366 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

DOV is heavily covered by Wall Street, with 28 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 18 have Buy ratings, 10 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month DOV stock forecast based on 28 Wall Street analysts shows a consensus price target of $242.73, with estimates ranging from $205 (bear case) to $279 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $278, with bear/bull scenarios of $175/$366.

Our quantitative valuation model calculates DOV's fair value at $278 (base case), with a bear case of $175 and bull case of $366. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.

DOV trades at a forward P/E ratio of 21.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 28.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

DOV appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $242.73 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

DOV analyst price targets range from $205 to $279, a 30% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $242.73 consensus represents the middle ground. Our model's $175-$366 range provides an independent fundamental perspective.