DOV trades 18.2% below Wall Street's consensus target of $241.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes DOV achieves its forward estimates and maintains a stable P/E multiple of 19.1x. This scenario reflects the blended consensus of 28 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 8, 2026, Dover Corporation (DOV) has a Wall Street consensus price target of $241.00, based on estimates from 28 covering analysts. With the stock currently trading at $203.85, this represents a potential upside of +18.2%. The company has a market capitalization of $27.45B.
Analyst price targets range from a low of $219.00 to a high of $262.00, representing a 18% spread in expectations. The median target of $240.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 19 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, DOV trades at a trailing P/E of 25.7x and forward P/E of 19.1x. The forward PEG ratio of 1.73 indicates reasonable valuation for growth. Analysts expect EPS to grow +23.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $263.73, with bear and bull scenarios of $166.15 and $347.49 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ITWIllinois Tool Works Inc. | $80.8B | $280.95 | $282.50 | +0.6% | Hold | 24.5x | 28 |
 EMREmerson Electric Co. | $90.9B | $162.35 | $170.80 | +5.2% | Buy | 24.7x | 44 |
 PHParker-Hannifin Corporation | $115.7B | $917.79 | $1140.67 | +24.3% | Buy | 25.7x | 40 |
 ROKRockwell Automation, Inc. | $41.8B | $375.86 | $482.71 | +28.4% | Hold | 28.4x | 41 |
 AMEAMETEK, Inc. | $52.4B | $228.67 | $284.89 | +24.6% | Buy | 26.8x | 30 |
 ROPRoper Technologies, Inc. | $48.1B | $476.60 | $470.38 | -1.3% | Buy | 21.3x | 23 |
 XYLXylem Inc. | $22.8B | $97.83 | $124.00 | +26.8% | Hold | 18.0x | 41 |
 FELEFranklin Electric Co., Inc. | $4.2B | $94.17 | $132.50 | +40.7% | Hold | 20.3x | 11 |
 GTLSChart Industries, Inc. | $10.0B | $209.90 | $193.81 | -7.7% | Buy | 30.1x | 37 |
 MIDDThe Middleby Corporation | $6.2B | $136.50 | $158.25 | +15.9% | Buy | 20.0x | 21 |
Quick answers to the most common questions about buying DOV stock.
Dover Corporation (DOV) has a consensus 12-month price target of $241, implying 18.2% upside from $203.85. The 28 analysts covering DOV see moderate appreciation potential.
DOV has a consensus rating of "Buy" based on 28 Wall Street analysts. The rating breakdown is predominantly bullish, with 19 Buy/Strong Buy ratings. The consensus 12-month price target of $241 implies 18.2% upside from current levels.
With a forward P/E of 19.0773x, DOV trades at a relatively low valuation. The consensus target of $241 implies 18.2% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $262 for DOV, while the most conservative target is $219. The consensus of $241 represents the median expectation. Our quantitative valuation model projects a bull case target of $347 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, 19 have Buy ratings, 9 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 $241, with estimates ranging from $219 (bear case) to $262 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $264, with bear/bull scenarios of $166/$347.
Our quantitative valuation model calculates DOV's fair value at $264 (base case), with a bear case of $166 and bull case of $347. 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 52/100.
DOV trades at a forward P/E ratio of 19.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 25.7x. 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.
Wall Street analysts are optimistic on DOV, with a "Buy" consensus rating and $241 price target (18.2% upside). 19 of 28 analysts rate it Buy or Strong Buy. 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 $219 to $262, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $241 consensus represents the middle ground. Our model's $166-$347 range provides an independent fundamental perspective.
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