Doximity (DOCS) Stock Forecast, Price Target & Predictions


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DOCS Stock Forecast


Doximity (DOCS) stock forecast, based on 18 Wall Street analysts, predicts a 12-month average price target of $56.40, with a high of $65.00 and a low of $43.00. This represents a 6.00% increase from the last price of $53.21.

$20 $29 $38 $47 $56 $65 High: $65 Avg: $56.4 Low: $43 Last Closed Price: $53.21

DOCS Stock Rating


Doximity stock's rating consensus is Buy, based on 18 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (50.00%), 9 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 18 0 9 9 Strong Sell Sell Hold Buy Strong Buy

DOCS Price Target Upside V Benchmarks


TypeNameUpside
StockDoximity6.00%
SectorHealthcare Stocks 35.25%
IndustryHealthcare Information Services Stocks 36.10%

Price Target Trends


1M3M12M
# Anlaysts--15
Avg Price Target--$45.93
Last Closing Price$53.21$53.21$53.21
Upside/Downside---13.68%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 253511--19
Mar, 253512--20
Feb, 252413--19
Jan, 252413--19
Dec, 242413--19
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 13, 2025Stan BerenshteynWells Fargo$43.00$55.48-22.49%-19.19%
Jan 08, 2025Scott SchoenhausKeyBanc$65.00$55.4817.16%22.16%
Nov 14, 2024Jailendra SinghTruist Financial$49.00$52.60-6.84%-7.91%
Nov 13, 2024Richard CloseCanaccord Genuity$60.00$35.6068.54%12.76%
Nov 08, 2024Scott BergNeedham$65.00$57.6012.85%22.16%
Nov 08, 2024Stan BerenshteynWells Fargo$41.00$42.09-2.59%-22.95%
Nov 08, 2024Scott SchoenhausKeyBanc$70.00$43.4261.22%31.55%
Oct 15, 2024Stephanie DavisBarclays$52.00$41.9623.93%-2.27%
Oct 08, 2024Elizabeth AndersonEvercore ISI$45.00$43.224.12%-15.43%
Oct 07, 2024Allen LutzBank of America Securities$45.00$43.832.67%-15.43%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Apr 16, 2025KeyBancOverweightOverweighthold
Feb 07, 2025NeedhamBuyBuyhold
Jan 08, 2025KeyBancOverweightOverweighthold
Nov 14, 2024Morgan StanleyUnderweightEqual-Weightupgrade
Nov 13, 2024Canaccord GenuityHolddowngrade
Nov 08, 2024Bank of America SecuritiesNeutralNeutralhold
Nov 08, 2024KeyBancOverweightupgrade
Oct 15, 2024BarclaysEqual-WeightOverweightupgrade
Oct 08, 2024Evercore ISIOutperformOutperformhold
Aug 20, 2024JefferiesBuyBuyhold

Financial Forecast


EPS Forecast

Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$0.81$0.58$0.78-----
Avg Forecast$0.77$0.70$0.90$1.15$1.26$1.42$1.65$1.76
High Forecast$0.78$0.73$0.91$1.21$1.38$1.82$1.72$1.84
Low Forecast$0.76$0.68$0.88$1.12$1.15$1.17$1.59$1.71
Surprise %5.19%-17.14%-13.33%-----

Revenue Forecast

$300M $420M $540M $660M $780M $900M Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$343.55M$419.05M$475.42M-----
Avg Forecast$339.84M$418.16M$473.82M$539.96M$596.32M$657.01M$728.72M$856.10M
High Forecast$344.57M$433.02M$474.06M$543.62M$626.49M$658.14M$754.62M$886.53M
Low Forecast$335.52M$408.11M$473.58M$537.50M$572.44M$655.89M$711.21M$835.53M
Surprise %1.09%0.21%0.34%-----

Net Income Forecast

$100M $160M $220M $280M $340M $400M Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$154.78M$112.82M$147.58M-----
Avg Forecast$158.06M$143.70M$137.63M$240.13M$260.04M$306.97M$338.64M$362.09M
High Forecast$160.92M$150.34M$165.16M$249.48M$282.92M$373.71M$354.29M$378.82M
Low Forecast$155.45M$139.22M$110.11M$230.77M$237.16M$240.24M$328.06M$350.78M
Surprise %-2.07%-21.49%7.23%-----

DOCS Forecast FAQ


Is Doximity stock a buy?

Doximity stock has a consensus rating of Buy, based on 18 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 9 Buy, 9 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Doximity is a favorable investment for most analysts.

What is Doximity's price target?

Doximity's price target, set by 18 Wall Street analysts, averages $56.4 over the next 12 months. The price target range spans from $43 at the low end to $65 at the high end, suggesting a potential 6.00% change from the previous closing price of $53.21.

How does Doximity stock forecast compare to its benchmarks?

Doximity's stock forecast shows a 6.00% upside, underperforming the average forecast for the healthcare stocks sector (35.25%) and underperforming the healthcare information services stocks industry (36.10%).

What is the breakdown of analyst ratings for Doximity over the past three months?

  • April 2025: 15.79% Strong Buy, 26.32% Buy, 57.89% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 15.00% Strong Buy, 25.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 10.53% Strong Buy, 21.05% Buy, 68.42% Hold, 0% Sell, 0% Strong Sell.

What is Doximity’s EPS forecast?

Doximity's average annual EPS forecast for its fiscal year ending in March 2025 is $1.15, marking a 47.44% increase from the reported $0.78 in 2024. Estimates for the following years are $1.26 in 2026, $1.42 in 2027, $1.65 in 2028, and $1.76 in 2029.

What is Doximity’s revenue forecast?

Doximity's average annual revenue forecast for its fiscal year ending in March 2025 is $539.96M, reflecting a 13.57% increase from the reported $475.42M in 2024. The forecast for 2026 is $596.32M, followed by $657.01M for 2027, $728.72M for 2028, and $856.1M for 2029.

What is Doximity’s net income forecast?

Doximity's net income forecast for the fiscal year ending in March 2025 stands at $240.13M, representing an 62.71% increase from the reported $147.58M in 2024. Projections indicate $260.04M in 2026, $306.97M in 2027, $338.64M in 2028, and $362.09M in 2029.