Dover (DOV) Stock Forecast & Price Target

$203.13 +0.85 (+0.42%)

Closing price 02/4/2025 03:59 PM Eastern

Extended Trading

$202.50 -0.63 (-0.31%)

As of 02/4/2025 06:14 PM Eastern

Dover - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 12 Analyst Ratings

Sell
0

Hold
4

Buy
8

Based on 12 Wall Street analysts who have issued ratings for Dover in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 4 have given a hold rating, and 8 have given a buy rating for DOV.

Consensus Price Target

$218.91
7.77% Upside

According to the 12 analysts' twelve-month price targets for Dover, the average price target is $218.91. The highest price target for DOV is $230.00, while the lowest price target for DOV is $208.00. The average price target represents a forecasted upside of 7.77% from the current price of $203.13.

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DOV Analyst Ratings Over Time

Type	Current Forecast 2/6/24 to 2/5/25	1 Month Ago 1/7/24 to 1/6/25	3 Months Ago 11/8/23 to 11/7/24	1 Year Ago 2/6/23 to 2/6/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$218.91	$213.91	$207.44	$168.18
Forecasted Upside	7.77% Upside	13.87% Upside	2.82% Upside	4.58% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

DOV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DOV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Dover Stock vs. The Competition

Type	Dover	Industrial Products Companies	S&P 500
Consensus Rating Score	2.67	2.58	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	7.77% Upside	50.03% Upside	13.00% Upside
News Sentiment Rating	Neutral News See Recent DOV News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/31/2025	UBS Group 4 of 5 stars	A. Mehrotra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$217.00 ➝ $211.00	+3.80%
1/31/2025	Oppenheimer 3 of 5 stars	Bryan Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$220.00 ➝ $225.00	+8.84%
1/31/2025	JPMorgan Chase & Co. 3 of 5 stars	Stephen Tusa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$208.00 ➝ $230.00	+11.26%
1/31/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Deane Dray Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$196.00 ➝ $214.00	+3.52%
1/31/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Joseph O'Dea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$200.00 ➝ $215.00	+5.08%
1/31/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Julian Mitchell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$205.00 ➝ $213.00	+3.77%
1/13/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Andrew Kaplowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$236.00 ➝ $222.00	+19.94%
12/12/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$202.00 ➝ $223.00	+10.60%
10/28/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Coe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$227.00	+21.40%
10/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$200.00 ➝ $220.00	+14.11%
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7/22/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$208.00 ➝ $208.00	+14.85%
2/5/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Liptak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
4/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$147.00 ➝ $145.00	-1.31%
4/11/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$180.00 ➝ $200.00	+36.40%
3/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$174.00	+15.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:40 AM ET.

Should I Buy Dover Stock? DOV Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, January 29, 2025. Please send any questions or comments about these Dover pros and cons to contact@marketbeat.com.

Dover
Bull Case

Here are some ways that investors could benefit from investing in Dover Co.:

Dover Co. has a strong dividend yield of 1.06%, which can provide a steady income stream for investors. This yield is calculated based on the annual dividend of $2.06 per share relative to the current stock price.
The company has a low dividend payout ratio of 18.43%, indicating that it retains a significant portion of its earnings for reinvestment, which can support future growth and stability.
Recent analyst upgrades have increased price targets for Dover Co., with Goldman Sachs raising their target to $223.00, suggesting potential for capital appreciation.
Institutional ownership is high at 84.46%, which often indicates confidence in the company's performance and stability, as institutional investors typically conduct thorough research before investing.
Dover Co. provides a diverse range of products and services, including equipment, components, and digital solutions, which can help mitigate risks associated with market fluctuations in specific sectors.

Dover
Bear Case

Investors should be bearish about investing in Dover Co. for these reasons:

Despite recent upgrades, some analysts have set conservative price targets, with Wells Fargo reducing their target to $200.00, indicating potential concerns about short-term performance.
The company operates in a competitive market, which can pressure margins and impact profitability, especially if economic conditions fluctuate.
Recent changes in institutional stakes show mixed activity, with some investors reducing their holdings, which could signal a lack of confidence in the company's near-term prospects.
The overall market sentiment can affect stock performance, and with economic uncertainties, investors may face volatility in Dover Co.'s stock price.
While the dividend is attractive, it may not be sufficient to offset potential declines in stock value, especially if the market reacts negatively to broader economic trends.

DOV Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Dover is $218.91, with a high forecast of $230.00 and a low forecast of $208.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dover in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DOV shares.
: According to analysts, Dover's stock has a predicted upside of 7.77% based on their 12-month stock forecasts.
: Dover has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., Oppenheimer, Royal Bank of Canada, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Dover more than other "industrial products" companies. The consensus rating score for Dover is 2.67 while the average consensus rating score for "industrial products" companies is 2.58. Learn more on how DOV compares to other companies.

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This page (NYSE:DOV) was last updated on 2/5/2025 by MarketBeat.com Staff

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Dover (DOV) Stock Forecast & Price Target