DOV

Dover
D

DOV

Arincen80/100B

Dover stock forecast 2026–2030

Analysts' average 12-month price target for Dover is 241.00, 14.5% above the current price of 210.48. Their targets range from 219.00 to 262.00.

Of the 12 firms that rated Dover in the past 12 months, 9 rate it buy or strong buy, 3 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.

12-month price target
241.00 USD
+14.50%

Analysts' 1-year price targets range from 219.00 to 262.00, with an average of 241.00.

Past year
1-year forecast
Strong sellStrong buy
Buy
12 ratings
Buy
9
Hold
3
Sell
0

12-month price target

Highest target262.00
Average target241.00
Lowest target219.00
Current price210.48

Dover price target history

Have analysts recently raised or lowered their Dover price target and rating?

See how analysts moved their price target

How analysts rate Dover, month by month

9 of 12 firms rate it buy now, against 5 of 10 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 202693012
Oct 202693012
Sept 202683011
Aug 202683011
Jul 202683011
Jun 202674011
May 202684012
Apr 202684012
Mar 202674011
Feb 202664010
Jan 202664010
Dec 202555010

Dover analyst upgrades, downgrades and price targets

The latest rating change came on 24 July 2026, when BMO Capital upgraded Dover from Market Perform to Outperform. Its price target is 240.00, from 250.00. The most recent new target came from RBC Capital on 23 October 2026: 219.00.

DateFirmRatingPrice targetChangePrice then
23 Oct 2026
RBC Capital
Reiterated · Sector Perform227.00 → 219.00-3.5%195.46
23 Oct 2026
Robert W. Baird
—270.00 → 258.00-4.4%195.49

Dover EPS and revenue estimates

Analysts expect Dover's EPS to grow 17.0% a year until 2028, faster than over the last 5 years (11.0% a year) and the last 3 years (2.2%).

Analysts expect Dover's revenue to grow 5.8% a year until 2028. Over the last 5 years it grew 3.9% a year, and over the last 3 years 1.0%.

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2028 (est.) 12.70+7.1%11.87 – 14.91 9.58B+3.9%9.29B – 9.77B6
FY2027 (est.) 11.86+11.0%11.36 – 12.38 9.21B+5.8%9.07B – 9.30B12
FY2026 (est.) 10.69+11.1%10.61 – 11.01 8.71B+7.6%8.68B – 8.75B12
FY2025 9.62+9.6%— 8.09B-1.1%——
FY2024 8.78-0.1%— 8.19B-3.0%——
FY2023 8.79+3.9%— 8.44B-0.8%——
FY2022 8.46—— 8.51B———

Does Dover beat earnings estimates?

On average, analysts' EPS estimate was 2.3% off the result, either way, and their revenue estimate 1.5%, over the last 12 quarters.

EPS beats
104 / 136
Revenue beats
97 / 120
Average EPS surprise, last 12
+2.1%
Since
January 1993
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY202622 Oct 20262.832.88+1.8%2.22B2.23B+0.9%
Q2 FY202623 Jul 20262.722.74+0.7%2.21B2.19B-0.8%
Q1 FY202623 Apr 20262.272.28+0.4%2.00B2.05B+2.5%
Q4 FY202529 Jan 20262.492.51+0.8%2.09B2.10B+0.6%
Q3 FY202523 Oct 20252.512.62+4.4%2.11B2.08B-1.5%
Q2 FY202524 Jul 20252.392.44+2.1%2.04B2.05B+0.5%
Q1 FY202524 Apr 20251.982.05+3.5%1.88B1.87B-0.5%
Q4 FY202430 Jan 20252.202.200.0%1.95B1.93B-1.1%
Q3 FY202424 Oct 20242.302.27-1.3%2.02B1.98B-1.8%
Q2 FY202425 Jul 20242.212.36+6.8%2.15B2.18B+1.4%
Q1 FY202425 Apr 20241.871.95+4.3%2.03B2.09B+3.1%
Q4 FY20231 Feb 20242.422.45+1.2%2.16B2.11B-2.7%

Dover stock price 2026–2030: scenarios

If Dover's earnings keep growing at the 9.7% a year analysts expect to FY2028, it would earn about 15.29 a share in FY2030. At the P/E it has traded at over the last five years (9.6 to 24.5) that is 146.45 to 374.45 a share, or 306.20 at its average P/E of 20.0. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 10.69102.38214.05261.76
FY2027 11.86113.63237.57290.52
FY2028 12.70121.69254.43311.13
FY2029 (extrapolated)13.93133.50279.12341.33
FY2030 (extrapolated)15.29146.45306.20374.45

Each year's EPS is the analysts' consensus to FY2028; the years after grow 9.7% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (9.6, 20.0, 24.5).

Is Dover stock undervalued or overvalued?

Dover's P/E of 24.4 is near the top of its 5-year range (7.7 to 29.3, median 18.0). Analysts expect faster growth than in recent years, which can explain part of the high P/E. Buyers pay about the usual price for each point of growth: a PEG of 1.4 on expected growth against 1.6 on its median P/E and past five years' growth. Fair value is not a reliable guide for Dover: its earnings swing (EPS fell ⁦59.3%⁩ in FY2025), so its usual P/E would mislead. Its forward P/E, on the consensus for FY2026, is 19.7.

Price to earnings ratio (TTM)
24.39
Five-year median P/E
17.96
Five-year P/E range
7.7 – 29.3
Forward P/E (FY2026)
19.70
PEG ratio
2.51
To the average target
+14.5%
See the full P/E history check Plus

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Common questions about the Dover stock forecast