Market Update: Stocks are slightly higher with technology stocks rebounding alongside bitcoin, while Boeing saw gains due to positive remarks from its CFO, and Procter & Gamble's shares fell after a negative outlook.
Earnings Season: The corporate earnings period is lighter, but stocks are reacting to management updates, with notable presentations from Nvidia, Dover, Eli Lilly, and Eaton.
Eaton's Growth Potential: Eaton's CEO highlighted significant growth opportunities in the data center market, projecting a market opportunity of $340 to $350 billion due to increasing demand and a pending acquisition.
Upcoming Reports: CrowdStrike, Marvell Technology, Okta, and American Eagle Outfitters are set to report after the market closes, with Macy's and Dollar Tree reporting before the opening bell on Wednesday.
Wall Street analysts forecast DOV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DOV is 221.64 USD with a low forecast of 195.00 USD and a high forecast of 256.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast DOV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DOV is 221.64 USD with a low forecast of 195.00 USD and a high forecast of 256.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 207.700
Low
195.00
Averages
221.64
High
256.00
Current: 207.700
Low
195.00
Averages
221.64
High
256.00
Oppenheimer
Oppenheimer
Outperform
maintain
$228 -> $232
2026-01-26
New
Reason
Oppenheimer
Oppenheimer
Price Target
$228 -> $232
AI Analysis
2026-01-26
New
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Dover to $232 from $228 and keeps an Outperform rating on the shares. The firm updated models in the industrials group as part of a Q4 preview. The firm cites favorable price carryover and currency moves entering the new year for the target bumps. It sees low-single-digit revenue growth for most companies. Opco favors names with "needle-moving" portfolio transformation, self-help initiatives, and relative valuation support.
JPMorgan
Stephen Tusa
Overweight
maintain
$220 -> $230
2026-01-16
Reason
JPMorgan
Stephen Tusa
Price Target
$220 -> $230
2026-01-16
maintain
Overweight
Reason
JPMorgan analyst Stephen Tusa raised the firm's price target on Dover to $230 from $220 and keeps an Overweight rating on the shares. The firm adjusted ratings and targets in the electrical equipment and multi-industry group as part of its Q4 earnings preview. JPMorgan is more positive on "growth related names into and out of the quarter."
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for DOV
Unlock Now
Wells Fargo
Joseph O'Dea
Equal Weight
maintain
$200 -> $205
2026-01-07
Reason
Wells Fargo
Joseph O'Dea
Price Target
$200 -> $205
2026-01-07
maintain
Equal Weight
Reason
Wells Fargo analyst Joseph O'Dea raised the firm's price target on Dover to $205 from $200 and keeps an Equal Weight rating on the shares. Discussing the Electrical Equipment & Multi-Industry space, the firm says it expects largely underwhelming initial 2026 guidance ranges in a prudent approach to expectation setting.
Barclays
Equal Weight
maintain
$195 -> $205
2026-01-07
Reason
Barclays
Price Target
$195 -> $205
2026-01-07
maintain
Equal Weight
Reason
Barclays raised the firm's price target on Dover to $205 from $195 and keeps an Equal Weight rating on the shares. The firm adjusted price targets in the multi-industry group as part of its Q4 outlook. It sees a "firmer" demand outlook amid artificial intelligence order strength.
About DOV
Dover Corporation is a diversified global manufacturer and solutions provider. Its Engineered Products segment provides a range of equipment, components, software, solutions and services to the vehicle aftermarket, aerospace and defense, and others. Its Clean Energy & Fueling segment provides components, equipment, and software solutions and services. It also designs, manufactures, and supplies vacuum-insulated piping systems for a variety of liquefied gases like nitrogen, oxygen, carbon dioxide, and other industrial gases. Its Imaging & Identification segment supplies precision marking and coding, product traceability, brand protection and digital textile printing equipment. Its Pumps & Process Solutions segment manufactures specialty pumps and flow meters, fluid transfer connectors, engineered precision components, instruments, and digital controls. Its Climate & Sustainability Technologies segment is a provider of energy-efficient equipment, components, and parts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.