Lowest-Rated StocksLowest-RatedNASDAQ:DOCS Doximity (DOCS) Stock Forecast, Price & News $31.67 -0.26 (-0.81%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$31.64▼$32.4450-Day Range$30.61▼$36.7552-Week Range$22.91▼$47.46Volume2.26 million shsAverage Volume1.92 million shsMarket Capitalization$6.17 billionP/E Ratio60.90Dividend YieldN/APrice Target$36.82 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Doximity MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside16.3% Upside$36.82 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 29 Articles This WeekInsider TradingSelling Shares$262,500 Sold Last QuarterProj. Earnings Growth24.62%From $0.65 to $0.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.34 out of 5 starsMedical Sector216th out of 987 stocksCustom Computer Programming Services Industry9th out of 26 stocks 2.0 Analyst's Opinion Consensus RatingDoximity has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 4 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.82, Doximity has a forecasted upside of 16.3% from its current price of $31.67.Amount of Analyst CoverageDoximity has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for DOCS. Previous Next 0.0 Dividend Strength Dividend YieldDoximity does not currently pay a dividend.Dividend GrowthDoximity does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DOCS. Previous Next 3.1 News and Social Media Coverage News SentimentDoximity has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.84 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 29 news articles for Doximity this week, compared to 4 articles on an average week.Search Interest12 people have searched for DOCS on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows9 people have added Doximity to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Doximity insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $262,500.00 in company stock.Percentage Held by Insiders45.21% of the stock of Doximity is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.48% of the stock of Doximity is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Doximity are expected to grow by 24.62% in the coming year, from $0.65 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Doximity is 60.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Doximity is 60.90, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 85.31.Price to Earnings Growth RatioDoximity has a PEG Ratio of 10.64. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDoximity has a P/B Ratio of 6.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Doximity (NASDAQ:DOCS) StockDoximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. The company's platform provides its members with tools built for medical professionals, enabling them to collaborate with their colleagues, coordinate patient care, conduct virtual patient visits, stay up to date with the latest medical news and research, and manage their careers. It primarily serves pharmaceutical manufacturers and healthcare systems. The company was formerly known as 3MD Communications, Inc. and changed its name to Doximity, Inc. in June 2010. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.Read More Receive DOCS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Doximity and its competitors with MarketBeat's FREE daily newsletter. Email Address DOCS Stock News HeadlinesMay 23, 2023 | marketbeat.comDoximity is an Overlooked Medical Ecosystem AI Play Doximity Inc. (NASDAQ: DOCS) is a digital professional social network platform for medical practitioners. It’s a medical community networking platform likeJune 10, 2023 | americanbankingnews.comFY2026 EPS Estimates for Doximity, Inc. Increased by Analyst (NASDAQ:DOCS)June 10, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.June 9, 2023 | americanbankingnews.comDoximity, Inc. Expected to Post FY2024 Earnings of $0.58 Per Share (NASDAQ:DOCS)June 8, 2023 | americanbankingnews.comDoximity, Inc. Expected to Post Q1 2025 Earnings of $0.20 Per Share (NASDAQ:DOCS)June 8, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Healthcare Stocks: Doximity (DOCS), Biomea Fusion (BMEA)June 7, 2023 | msn.comNeedham Reiterates Doximity Inc - (DOCS) Prior RecommendationJune 7, 2023 | markets.businessinsider.comDoximity (DOCS) Receives a Buy from Canaccord GenuityJune 10, 2023 | Legacy Research (Affiliate) (Ad)From -60% Account to Doubling His Money?After helping his readers double their money 13 TIMES in the last year alone… There’s ONE person trader Jeff Clark has NOT been able to help! His 23-year-old son, Grant.June 7, 2023 | msn.comDoximity Aims for $1B Topline In 2028June 7, 2023 | americanbankingnews.comStock Traders Buy High Volume of Doximity Call Options (NASDAQ:DOCS)June 6, 2023 | msn.com3 Top Healthcare Stocks to Buy for JuneJune 5, 2023 | msn.comThe Latest Analyst Ratings for DoximityJune 5, 2023 | msn.comTruist Securities Maintains Doximity Inc - (DOCS) Hold RecommendationJune 5, 2023 | americanbankingnews.comDoximity (NASDAQ:DOCS) Price Target Lowered to $33.00 at Truist FinancialJune 4, 2023 | americanbankingnews.comDoximity, Inc. (NASDAQ:DOCS) Receives $35.80 Average PT from BrokeragesMay 28, 2023 | finance.yahoo.com1 No-Brainer Stock to Buy With $100 Right NowMay 26, 2023 | finance.yahoo.comDoximity (DOCS) Reports Q4 Earnings: What Key Metrics Have to SayMay 23, 2023 | americanbankingnews.comHead-To-Head Contrast: Doximity (NASDAQ:DOCS) & Symbolic Logic (NASDAQ:EVOL)May 21, 2023 | americanbankingnews.comDoximity (NASDAQ:DOCS) PT Lowered to $32.00May 19, 2023 | msn.comMorgan Stanley Maintains Doximity Inc - (DOCS) Underweight RecommendationMay 19, 2023 | americanbankingnews.comDoximity (NASDAQ:DOCS) Shares Gap Down on Analyst DowngradeMay 18, 2023 | msn.comEvercore ISI Group Maintains Doximity Inc - (DOCS) In-Line RecommendationMay 18, 2023 | msn.comNeedham Reiterates Doximity Inc - (DOCS) Buy RecommendationMay 17, 2023 | bloomberg.comTarget, Energy, Debt Ceiling, and DoximityMay 17, 2023 | msn.comWhy Doximity Shares Are Trading Lower By 8%? Here Are Other Stocks Moving In Wednesday's Mid-Day SessionMay 17, 2023 | theglobeandmail.comWhy Doximity (DOCS) Shares Are Sliding TodaySee More Headlines DOCS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DOCS Company Calendar Last Earnings5/16/2023Today6/10/2023Next Earnings (Estimated)8/03/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Custom computer programming services Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:DOCS CUSIPN/A CIK1516513 Webwww.doximity.com Phone650-549-4330FaxN/AEmployees850Year FoundedN/APrice Target and Rating Average Stock Price Forecast$36.82 High Stock Price Forecast$49.00 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+16.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio60.90 Forward P/E Ratio48.72 P/E Growth10.64Net Income$112.82 million Net Margins26.92% Pretax Margin31.78% Return on Equity12.74% Return on Assets10.94% Debt Debt-to-Equity RatioN/A Current Ratio6.99 Quick Ratio6.99 Sales & Book Value Annual Sales$419.05 million Price / Sales14.71 Cash Flow$0.71 per share Price / Cash Flow44.45 Book Value$4.98 per share Price / Book6.36Miscellaneous Outstanding Shares194,670,000Free Float106,658,000Market Cap$6.17 billion OptionableNot Optionable Beta0.86 Key ExecutivesMr. Jeffrey A. Tangney (Age 49)Co-Founder, CEO & Chairperson Comp: $243.39kMs. Anna Bryson (Age 32)Chief Financial Officer Comp: $403.21kMr. Paul Jorgensen (Age 52)Chief Revenue Officer Comp: $647.99kDr. Nate Gross M.D.Co-Founder & Chief Strategy OfficerMs. Shari BuckCo-founder and SVP People & OpsMr. Jey BalachandranChief Technology OfficerMr. Perry Scott GoldHead of Investor RelationsMs. Jennifer W. Chaloemtiarana (Age 54)Gen. Counsel & Corp. Sec. Jim RivasHead of Corp. CommunicationsMr. Bruno MirandaSr. VP of EngineeringMore ExecutivesKey CompetitorsMedpaceNASDAQ:MEDPBausch + LombNYSE:BLCO10x GenomicsNASDAQ:TXGExelixisNASDAQ:EXELEncompass HealthNYSE:EHCView All CompetitorsInsiders & InstitutionsEmpower Advisory Group LLCBought 14,500 shares on 5/25/2023Ownership: 0.007%Ameriprise Financial Inc.Sold 961,437 shares on 5/22/2023Ownership: 0.678%JPMorgan Chase & Co.Sold 92,678 shares on 5/18/2023Ownership: 0.192%New York State Common Retirement FundSold 6,500 shares on 5/18/2023Ownership: 0.055%Advisory Services Network LLCSold 341 shares on 5/17/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions DOCS Stock - Frequently Asked Questions Should I buy or sell Doximity stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Doximity in the last year. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DOCS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DOCS, but not buy additional shares or sell existing shares. View DOCS analyst ratings or view top-rated stocks. What is Doximity's stock price forecast for 2023? 10 equities research analysts have issued 1 year price objectives for Doximity's shares. Their DOCS share price forecasts range from $29.00 to $49.00. On average, they expect the company's stock price to reach $36.82 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View analysts price targets for DOCS or view top-rated stocks among Wall Street analysts. How have DOCS shares performed in 2023? Doximity's stock was trading at $33.56 at the start of the year. Since then, DOCS shares have decreased by 5.6% and is now trading at $31.67. View the best growth stocks for 2023 here. When is Doximity's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our DOCS earnings forecast. How were Doximity's earnings last quarter? Doximity, Inc. (NASDAQ:DOCS) released its quarterly earnings data on Tuesday, May, 16th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. The company earned $110.97 million during the quarter, compared to the consensus estimate of $110.11 million. Doximity had a trailing twelve-month return on equity of 12.74% and a net margin of 26.92%. What ETFs hold Doximity's stock? ETFs with the largest weight of Doximity (NASDAQ:DOCS) stock in their portfolio include Jacob Forward ETF (JFWD), Global X Telemedicine & Digital Health ETF (EDOC), Janus Henderson Small Cap Growth Alpha ETF (JSML), Fidelity Digital Health ETF (FDHT), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Harbor Corporate Culture Leaders ETF (HAPY) and Renaissance IPO ETF (IPO). What guidance has Doximity issued on next quarter's earnings? Doximity issued an update on its FY 2028 earnings guidance on Wednesday, June, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.00B-. When did Doximity IPO? (DOCS) raised $501 million in an initial public offering (IPO) on Thursday, June 24th 2021. The company issued 23,300,000 shares at $20.00-$23.00 per share. Morgan Stanley, Goldman Sachs and J.P. Morgan Securities served as the underwriters for the IPO and Piper Sandler, William Blair, Canaccord and Raymond James were co-managers. What is Doximity's stock symbol? Doximity trades on the NASDAQ under the ticker symbol "DOCS." Who are Doximity's major shareholders? Doximity's stock is owned by a variety of institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (3.50%), BlackRock Inc. (2.82%), FMR LLC (2.71%), Baillie Gifford & Co. (2.27%), Price T Rowe Associates Inc. MD (1.22%) and Credit Suisse AG (1.07%). Insiders that own company stock include Anna Bryson, Gilbert H Kliman, Interwest Partners X Lp, Joseph B Kleine, Kevin Spain, Kira Scherer Wampler, Paul W Jorgensen and Timothy S Cabral. View institutional ownership trends. How do I buy shares of Doximity? Shares of DOCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Doximity's stock price today? One share of DOCS stock can currently be purchased for approximately $31.67. How much money does Doximity make? Doximity (NASDAQ:DOCS) has a market capitalization of $6.17 billion and generates $419.05 million in revenue each year. The company earns $112.82 million in net income (profit) each year or $0.52 on an earnings per share basis. How many employees does Doximity have? The company employs 850 workers across the globe. How can I contact Doximity? The official website for the company is www.doximity.com. The company can be reached via phone at 650-549-4330 or via email at ir@doximity.com. 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