On July 1, 2025, Wells Fargo analyst Joseph O'Dea updated their outlook on Dover (DOV, Financial), a leading provider of equipment and components. O'Dea has maintained the company's current rating at "Equal-Weight," reflecting a neutral stance on the stock's performance relative to the market.
However, Wells Fargo has adjusted the price target for Dover (DOV, Financial) from $180.00 to $190.00, an increase of 5.56%. This revision suggests an improved expectation of Dover's market valuation.
Investors and market watchers will note that despite the price target increase, the "Equal-Weight" rating indicates that the analyst expects Dover (DOV, Financial) to perform in line with the broader market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Dover Corp (DOV, Financial) is $200.25 with a high estimate of $230.00 and a low estimate of $169.21. The average target implies an upside of 9.29% from the current price of $183.23. More detailed estimate data can be found on the Dover Corp (DOV) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Dover Corp's (DOV, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dover Corp (DOV, Financial) in one year is $160.76, suggesting a downside of 12.26% from the current price of $183.23. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dover Corp (DOV) Summary page.
