Dover Corporation (DOV)
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
$192.88+0.95%
Close 2026-09-04 · 1-day change
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
Warn: Primary pillar under pressure — Achieve revenue growth of 5% to 7% in FY26: Q2 FY26 +7.0% vs 5-7% target.
Dover aims for steady revenue growth of 5% to 7% in 2026. Adjusted EPS guidance is about $9.0 per share, showing earnings strength. The company has a low risk profile and trades cheaper than peers. Free cash flow yield is positive at 4%.
Revenue growth is pressured with recent guidance cuts. Operating income declined sharply last quarter. The sector faces headwinds and Dover's margin and operational performance may weaken. Market pullbacks reflect these risks.
The price is about 5% below our fair value near $226, reflecting roughly 6% revenue growth expected by analysts. Our fair value is 10% below the Street median, indicating some caution versus consensus optimism.
Breaks if: Adjusted EPS guidance falls below $8.9 in FY26
Breaks if: Operating income falls significantly below $220M per quarter
YoY revenue growth falls below 5% in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable growth opportunity in the industrials sector. The current thesis state is intact, supported by management's focus on revenue growth and margin expansion despite some recent challenges.
The market appears to have priced in a low level of fragility, reflecting a cheap valuation compared to peers. There is a slight expectations gap, indicating that investors may not fully anticipate the potential for improved performance.
Fundamentals are likely to remain stable, with management on track to achieve revenue growth and increased adjusted EPS. However, the recent change in risk label to moderate suggests that investors should be cautious of potential volatility.
The long-term thesis hinges on the performance of sector bellwethers like GEV, PH, and TT. If these companies continue to perform well, it could support DOV's growth, but any negative shifts in their performance could pose risks.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The latest earnings beat supports the read on DOV. However, protests at the Port of Dover threaten operational performance and revenue growth potential.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: PE rises above 30 without earnings growth
Overall, DOV is positioned to maintain its current trajectory, but attention to sector dynamics and management execution will be crucial. Not investment advice.