Dover stock holds near $202 as analysts lift targets
Published on 08/24/2026 at 20:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Dover Corp. (US25985P1030) is trading near $201.96, giving the company a market value of $27.20 billion as of August 24, 2026. The same market snapshot also shows a price-to-earnings ratio of 24.33 and a PEG ratio of 1.53, while analysts continue to frame the shares with a $238.29 average target.
Price and valuation
The stock opened at $201.96 on August 24, 2026, leaving it modestly below the average target and keeping valuation in the foreground for investors. A recent market note also pointed to a beta of 1.16, which signals that the shares can still move with the broader industrial tape.
For context, the same snapshot places Dover's market cap at $27.20 billion and its P/E ratio at 24.33, a level that makes earnings execution more important than multiple expansion alone. That combination matters because the shares are being judged against both steady cash-generation expectations and the broader industrial peer group.
Consensus stays firm
MarketBeat's August 24, 2026 alert on the latest Dover alert says the stock carries a consensus rating of Moderate Buy and an average target of $238.29. That leaves the target about 18 percent above the quoted $201.96 opening level, a concrete gap that shows why sentiment still looks constructive even after the recent run.
A separate August 24 filing note on Dover points to another institutional purchase, reinforcing that demand from large holders has not disappeared. The relevant point for traders is simple: the market is still assigning Dover a premium multiple while also leaving room between the current quote and the consensus target.
What Dover sells
Dover is an industrial group with engineered components and specialized equipment across multiple end markets. That mix matters when investors compare the company's valuation with the stability of its recurring service, equipment, and aftermarket exposures.
The shares last changed hands at $201.96 on August 24, 2026, with a market cap of $27.20 billion and a P/E ratio of 24.33. Those are the numbers that define the tape today.
Fact box
Company: Dover Corp.
ISIN: US25985P1030
Ticker: DOV
Exchange: NYSE
Price (as of August 24, 2026, 4:00 p.m. ET): $201.96 USD
Market cap: $27.20 billion (as of August 24, 2026)
Sector / Industry: Industrials / Industrial Conglomerates
Index membership: S&P 500
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