Key Highlights

● Dover closed at $188.68 on 9 October 2026.

● The second data set consensus target is $240.11, implying about 27.3% upside.

● Market data shows a mean of $238.21.

● Wells Fargo initiated coverage on 24 September with a $229 target.

Dover (NYSE:DOV), an S&P 500 industrial group, closed at $188.68 on Friday 9 October 2026. The average analyst target sits more than a quarter above that level, although recent named broker activity is limited.

What Is the Latest Analyst Price Target?

The second data set shows an average target of $240.11 from 19 analysts, with a median of $245, a high of $288 and a low of $168. Against the $188.68 close, the consensus target suggests potential upside of about 27.3%.

Market data reports a slightly lower average of $238.21 from 15 analysts, implying upside of about 26.3%, with a high of $270 and a low of $195. The five named broker targets on market data from July to September average about $246, a little above both figures.

What Are Wall Street Analysts Saying?

Sentiment is positive but less unanimous than for many large industrial names. Market data counts 10 Buy and five Hold ratings with no Sells; the second data set shows 14 Strong Buy, four Hold and one Sell among 19 analysts.

The named actions on market data are few. Wells Fargo initiated coverage with an Overweight rating and a $229 target on 24 September. On 24 July Baird set a $270 target, the highest named figure, while BMO Capital Markets upgraded the shares from Market Perform to Outperform with a $240 target, down from $255, and RBC lowered its target to $227 from $252 with a Sector Perform rating. Wolfe Research reiterated Outperform with a $262 target on 9 July. BNP Paribas Exane has the low target of $195.

What Could Help the Stock Reach the Price Target?

The targets assume continued earnings growth across Dover's industrial businesses.

The BMO upgrade and the Wells Fargo initiation show that some brokers see room for improvement. If industrial demand strengthens analysts may feel their targets are justified.

What Could Prevent the Stock Reaching the Target?

The shares would need to rise by more than a quarter to reach the consensus, a large move for a diversified industrial business. Some brokers have trimmed targets: RBC cut to $227 and BMO's new target is below its earlier $255. Five market data analysts rate the shares Hold and the second data set records one Sell, so not every analyst expects strong gains.

Industrial companies are exposed to economic cycles, customer capital spending, input costs and currency movements. Revenue slightly below consensus, as market data's text suggests, may have tempered enthusiasm.

What Should Investors Watch Next?

Investors may watch for new broker notes, since the few named actions date from July and September, and for any change to the ratings split after the next report.

Dover and the Distance to Its Analyst Average

Dover closed at $188.68 on 9 October 2026, with the second data set average of $240.11 and the market data average of $238.21 both well above it. The lowest target in the market data, $195, comes from BNP Paribas Exane.