Dover stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
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.
Analysts' 1-year price targets range from 219.00 to 262.00, with an average of 241.00.
| Buy | 9 | |
| Hold | 3 | |
| Sell | 0 |
12-month price target
| Highest target | 262.00 |
| Average target | 241.00 |
| Lowest target | 219.00 |
| Current price | 210.48 |
Dover price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Dover price target and rating?
How analysts rate Dover, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
9 of 12 firms rate it buy now, against 5 of 10 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
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.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 23 Oct 2026 | RBC Capital | Reiterated · Sector Perform | 227.00 → 219.00 | -3.5% | 195.46 |
| 23 Oct 2026 | Robert W. Baird | — | 270.00 → 258.00 | -4.4% | 195.49 |
| 23 Oct 2026 | Wells Fargo Stephen Tusa | Reiterated · Overweight | 229.00 → 233.00 | +1.7% | 195.49 |
| 15 Oct 2026 | Mizuho Securities Brett Linzey | Reiterated · Outperform | 245.00 | — | 193.33 |
| 24 Sept 2026 | Wells Fargo Stephen Tusa | — | 205.00 → 229.00 | +11.7% | 187.89 |
| 24 Jul 2026 | RBC Capital | Reiterated · Sector Perform | 252.00 → 227.00 | -9.9% | 203.69 |
| 24 Jul 2026 | Robert W. Baird Michael Halloran | — | 279.00 → 270.00 | -3.2% | 197.80 |
| 24 Jul 2026 | BMO Capital Daniel DiCicco | Upgraded · Market Perform → Outperform | 250.00 → 240.00 | -4.0% | 197.80 |
| 9 Jul 2026 | Wolfe Research Nigel Coe | — | 262.00 | — | 213.55 |
| 4 Jun 2026 | Morgan Stanley Christopher Snyder | Reiterated · Equal Weight | 210.00 → 230.00 | +9.5% | 215.74 |
| 28 Apr 2026 | Seaport Global | Reiterated · Buy | 245.00 → 265.00 | +8.2% | 224.49 |
| 24 Apr 2026 | Deutsche Bank | — | 229.00 | — | 227.30 |
| 24 Apr 2026 | RBC Capital | — | 209.00 → 252.00 | +20.6% | 227.30 |
| 24 Apr 2026 | BMO Capital Daniel DiCicco | Reiterated · Market Perform | 237.00 → 250.00 | +5.5% | 228.47 |
| 24 Apr 2026 | Oppenheimer Bryan Blair | Reiterated · Outperform | 232.00 → 250.00 | +7.8% | 228.15 |
| 24 Apr 2026 | Robert W. Baird Michael Halloran | — | 255.00 → 279.00 | +9.4% | 228.15 |
| 24 Apr 2026 | Barclays Julian Mitchell | Reiterated · Equal Weight | 206.00 → 230.00 | +11.7% | 228.15 |
| 26 Mar 2026 | BMO Capital | — | 237.00 | — | 209.21 |
| 17 Mar 2026 | Wells Fargo | Upgraded · Equal Weight → Overweight | — | — | — |
| 4 Feb 2026 | Morgan Stanley Christopher Snyder | — | 195.00 → 210.00 | +7.7% | 216.32 |
| 3 Feb 2026 | Seaport Global | — | 245.00 | — | 210.52 |
| 2 Feb 2026 | Barclays | — | 205.00 → 206.00 | +0.5% | 201.49 |
| 31 Jan 2026 | Goldman Sachs | — | 224.00 | — | 201.49 |
| 30 Jan 2026 | RBC Capital | Reiterated · Sector Perform | 199.00 → 209.00 | +5.0% | 202.53 |
| 30 Jan 2026 | Robert W. Baird | — | 235.00 → 255.00 | +8.5% | 204.72 |
| 26 Jan 2026 | Oppenheimer | Reiterated · Outperform | 232.00 | — | 207.49 |
| 15 Jan 2026 | RBC Capital Deane Dray | — | 198.00 → 199.00 | +0.5% | 207.64 |
| 7 Jan 2026 | Wells Fargo Joseph O'Dea | Reiterated · Equal Weight | 200.00 → 205.00 | +2.5% | 203.50 |
| 5 Jan 2026 | UBS | Upgraded · Neutral → Buy | — | — | — |
| 4 Jan 2026 | UBS Amit Mehrotra | — | 200.00 → 256.00 | +28.0% | 195.75 |
| 4 Dec 2025 | BNP Paribas | — | 195.00 | — | 190.27 |
Dover EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
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
EPS
Does Dover beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
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 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +2.1%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 22 Oct 2026 | 2.83 | 2.88 | +1.8% | 2.22B | 2.23B | +0.9% |
| Q2 FY2026 | 23 Jul 2026 | 2.72 | 2.74 | +0.7% | 2.21B | 2.19B | -0.8% |
| Q1 FY2026 | 23 Apr 2026 | 2.27 | 2.28 | +0.4% | 2.00B | 2.05B | +2.5% |
| Q4 FY2025 | 29 Jan 2026 | 2.49 | 2.51 | +0.8% | 2.09B | 2.10B | +0.6% |
| Q3 FY2025 | 23 Oct 2025 | 2.51 | 2.62 | +4.4% | 2.11B | 2.08B | -1.5% |
| Q2 FY2025 | 24 Jul 2025 | 2.39 | 2.44 | +2.1% | 2.04B | 2.05B | +0.5% |
| Q1 FY2025 | 24 Apr 2025 | 1.98 | 2.05 | +3.5% | 1.88B | 1.87B | -0.5% |
| Q4 FY2024 | 30 Jan 2025 | 2.20 | 2.20 | 0.0% | 1.95B | 1.93B | -1.1% |
| Q3 FY2024 | 24 Oct 2024 | 2.30 | 2.27 | -1.3% | 2.02B | 1.98B | -1.8% |
| Q2 FY2024 | 25 Jul 2024 | 2.21 | 2.36 | +6.8% | 2.15B | 2.18B | +1.4% |
| Q1 FY2024 | 25 Apr 2024 | 1.87 | 1.95 | +4.3% | 2.03B | 2.09B | +3.1% |
| Q4 FY2023 | 1 Feb 2024 | 2.42 | 2.45 | +1.2% | 2.16B | 2.11B | -2.7% |
Dover stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
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.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 10.69 | 102.38 | 214.05 | 261.76 |
| FY2027 | 11.86 | 113.63 | 237.57 | 290.52 |
| FY2028 | 12.70 | 121.69 | 254.43 | 311.13 |
| FY2029 (extrapolated) | 13.93 | 133.50 | 279.12 | 341.33 |
| FY2030 (extrapolated) | 15.29 | 146.45 | 306.20 | 374.45 |
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?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
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)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 24.39
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 17.96
- Five-year P/E range
- 7.7 – 29.3
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 19.70
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 2.51
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +14.5%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.
