Doximity Inc (NYSE:DOCS) Drops -13.48%, But A Strong Recovery May Be Imminent

In recent trading session, Doximity Inc (NYSE:DOCS) saw 7.1 million shares changing hands at last check today with its beta currently measuring 1.38. Company’s recent per share price level of $50.57 trading at -$7.88 or -13.48% at last check today assigns it a market valuation of $9.49B. That most recent trading price of DOCS’s stock is at a discount of -68.5% from its 52-week high price of $85.21 and is indicating a premium of 53.49% from its 52-week low price of $23.52.

For Doximity Inc (DOCS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.30. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.31 in the current quarter.

Doximity Inc (NYSE:DOCS) trade information

Upright in the red during last session for losing -13.48%, in the last five days DOCS remained trading in the red while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $50.57 price level, adding 18.57% to its value on the day. Doximity Inc’s shares saw a change of -5.29% in year-to-date performance and have moved -14.57% in past 5-day. Doximity Inc (NYSE:DOCS) showed a performance of -4.19% in past 30-days.

Wall Street analysts have assigned a consensus price target of 54 to the stock, which implies a rise of 6.35% to its recent value today. Analysts have been projecting 43 as a low price target for the stock while placing it at a high target of 65. It follows that stock’s current price would jump 14.97% in reaching the projected high whereas dropping to the targeted low would mean a gain of 14.97% for stock’s current value.

Doximity Inc (DOCS) estimates and forecasts

This year revenue growth is estimated to rise 9.75% from the last financial year’s standing.

13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 140.32M for the same. And 13 analysts are in estimates of company making revenue of 151.73M in the next quarter. Company posted 126.68M and 136.83M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 79.48% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -0.84% while estimates for its earnings growth in next 5 years are of 10.35%.

Doximity Inc (NYSE:DOCS)’s Major holders

BLACKROCK INC. is the top institutional holder at DOCS for having 10.77 million shares of worth $301.12 million. And as of 2024-06-30, it was holding 5.8002 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 10.55 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.682 of outstanding shares, having a total worth of $294.98 million.

On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 4.36 shares of worth $217.02 million or 3.40% of the total outstanding shares. The later fund manager was in possession of 3.43 shares on Dec 31, 2024 , making its stake of worth around $170.86 million in the company or a holder of 2.68% of company’s stock.