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DOCS

Doximity, Inc.

DOCS

NYSE·Healthcare·Medical - Healthcare Information Services·Mkt cap $4.0B

$21.86

+1.25%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$17.15 - $76.51

P/E

17.21

Fwd P/E

13.49

Beta

1.29

Div Yield

0.00%

Avg Vol

4.1M

Shares Out

187.9M

Mkt Cap

$4.0B

Price action

Price chart

Down 63.6% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Largest physician network with 80%+ U.S. doctor penetration creating powerful network effects
  • Direct access to high-value pharmaceutical and healthcare system customers willing to pay premium rates
  • HIPAA-compliant, purpose-built platform with high switching costs and deep physician engagement
  • Recurring subscription-based revenue model with high gross margins and predictable cash flows

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Expansion of pharmaceutical advertising and sponsored content monetization

Value

Undervalued - trading well below Healthcare IT & Services peers

Momentum

Weak

-5.2% over 3m

Quality

Excellent

Excellent business quality

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 6, 2026

Q2 26 RECAP

MAY 13, 2026

Reported EPS of $0.26 vs $0.28 consensus (-7.1% surprise). Revenue of $145.4M vs $144.0M expected (+0.9%).

EPS miss
Rev beat +0.9%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-7.1%

Next: Aug 6, 2026

Revenue trend · last 8Q

+17%

+15%

+23%

+10%

Q4 24

Q1 24

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

$118.1M

$126.7M

$136.8M

$168.6M

$138.3M

$145.9M

$168.5M

$185.1M

Margins · last 8Q

Gross

89.9%

Operating

38.9%

Profit

33.3%

Wall Street consensus

20 analysts · 35% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

7

35%

Hold

12

60%

Sell

1

5%

Median Price Target

$24.00

+9.8% vs $21.86

Low $18.00
Median $24.00
High $35.00

Latest: Citi · Jun 29, 2026

12 analysts covering

vs Industry

How DOCS stacks vs Medical - Healthcare Information Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.