Dover (DOV) stock price analysis & forecast

**Dover Corporation (DOV) is poised for a positive outlook**, as evidenced by the following analysis and forecasts: 1. **Current Stock Price and Recent Performance**: - The closing price for Dover (DOV) on July 21, 2025, was $186.98. - The stock has experienced a notable development with the launch of the 71SO Segmented Overfill Valve by its OPW Retail Fueling unit, which contributed to an 18% share price movement in the last quarter. |code|Ticker|Name|Date|Closing Price|market_code| |---|---|---|---|---|---| |DOV|DOV.N|Dover|20250721|186.98|169| 2. **Technical Indicators**: - The resistance level for DOV is $191.2, while the support level is $174.25. - The average price target from analysts is $209.33, with a consensus rating of "Buy". - The stock is currently trading below its 5-day, 10-day, and 20-day moving averages of $188.14, $188.57, and $186.16, respectively. - The RSI is at 45.34, indicating a neutral momentum, while the KDJ is at 26.07, suggesting potential overselling. |code|Ticker|Name|Date|Support Level|Resistance Level|market_code| |---|---|---|---|---|---|---| |DOV|DOV.N|Dover|20250721|174.2500|191.2000|169| |code|Ticker|Name|Date|Moving Average|market_code| |---|---|---|---|---|---| |DOV|DOV.N|Dover|20250721|188.1440|169| 3. **Analyst Sentiment and Price Targets**: - Analysts have set a variety of price targets, with some notable increases, such as Citi's Andrew Kaplowitz raising his target to $226 from $202. - The overall analyst consensus suggests a potential upside from the current price, with targets ranging from $185 to $217. 4. **Earnings Estimate and Forecast**: - Wall Street analysts predict quarterly earnings of $2.39 per share, reflecting a 1.3% increase year-over-year. - Revenue forecasts are lower, with expectations of $2.03 billion, indicating a year-over-year decrease of 6.7%. 5. **Market Sentiment and Recent News**: - Despite a reported decline in Q1 earnings, Dover's product innovations and share buybacks have stabilized investor sentiment. - The company's strategic positioning and growth in high-margin businesses have been highlighted by analysts as positive factors. In conclusion, Dover's technical indicators suggest a potential for price appreciation, as it trades below its moving averages and has a "Buy" consensus from analysts. The recent product launch and positive analyst sentiment further support this positive outlook. However, the slight decline in revenue forecast and current RSI suggest a cautious approach. Investors should monitor the upcoming earnings report and analyst updates for confirmation of the expected trends.