Doximity, Inc.(DOCS)
NASDAQ

DOCS Stock Analysis — April 2026

$23.90
1.65 (7.42%)

DOCS Stock Price Today (April 2026) — Doximity, Inc. Analysis & Key Metrics 2026-04-15

Doximity, Inc. (DOCS) is trading at $23.90, up 7.42% today (as of April 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Healthcare growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $39.55 (65.5% upside).
  • Volatility remains elevated (44.40% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (9.80% YoY) alongside significant competitive pressures.

DOCS Stock Analysis: Key Metrics & Valuation (April 2026)

Concise, actionable data for investors

Trend posture
Short-term pullback in long-term uptrend
Analyst 1Y target39.5565.5%
Volatility (30d ann.)44.3976High
RSI (14-day)
57.32 (Neutral)
Debt$10.69M (1.09 D/E)

Doximity, Inc. - Historical Price & Volume

$23.90
-1.29 (-5.12%)
Price
Volume
Current Price Line
Range: 2Y

Market Cap

$4.29B

Enterprise Value: $3.48B

P/E Ratio

19.13

Forward P/E: 14.02

Revenue Growth

+9.80%

Year over Year

Analyst Target

$39.55

+65.5% upside potential

Key Investor Questions About DOCS

What investors need to know before buying

Is it a good time to buy DOCS stock?

Based on current market data, DOCS presents a neutral technical setup with looking solid fundamentals.

  • Technicals say: Neutral (RSI 57.32)
  • Fundamentals say: Looking solid (debt and growth supportive)
Can DOCS sustain revenue growth in the Health Information Services market?

DOCS's growth trajectory depends on its ability to expand within the Health Information Services sector while managing margin pressures.

  • Future growth will depend on performance in core Health Information Services operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing DOCS stock?

The primary risks for DOCS investors include debt exposure and competitive dynamics in the Health Information Services industry.

  • $10.69M in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Health Information Services.

52-Week Trading Range

52-Week Low$21.82
52-Week High$76.51
Current Price$23.90

Over the past year, DOCS stock traded between $21.82 and $76.51—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility44.40%
Beta1.44
RSI (14-day)57.32

With 44.40% annualized volatility and β=1.44, the stock exhibits high sensitivity to market moves—making DOCS suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership2.59%
Institutional Ownership93.18%
Shares Short12.79M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$39.55
Upside Potential
65.5%
Recommendation
buy
Analysts see strong upside potential with a target of $39.55. The 65.5% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

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Doximity (DOCS) Stock Dips While Market Gains: Key Facts

In the closing of the recent trading day, Doximity (DOCS) stood at $22.25, denoting a -1.81% move from the preceding trading day.

Insider MonkeyApr 14, 2026

Here is Why Doximity (DOCS) Still Appears Attractive

Doximity Inc. (NYSE:DOCS) is one of the 7 oversold stocks to buy with double-digit ROE growth. On April 8, Elizabeth Anderson from Evercore ISI downgraded Doximity Inc. (NYSE:DOCS) to In Line from Outperform with a price target from $30 to $25. The reasons for the downgrade, as highlighted by the analyst, included lower-than-expected forecasted growth […]

Simply Wall St.Apr 13, 2026

Can Doximity (DOCS) Turn Its Physician-Focused AI Ecosystem Into Durable Financial Strength?

In early April 2026, Doximity drew mixed attention as analysts highlighted its physician-centric AI and telehealth ecosystem while new competitive AI offerings raised questions about the resilience of traditional SaaS models. At the same time, third-party assessments pointing to a large gap between Doximity’s share price and estimated intrinsic value, alongside insider stock sales and shifting analyst views, underscored investor uncertainty about how effectively the company can convert its...

Simply Wall St.Apr 13, 2026

Assessing Doximity (DOCS) Valuation After Soft Guidance And Rising AI Competition Concerns

Doximity (DOCS) is back in focus after stronger than expected revenue and softer guidance, just as Anthropic’s new Managed Agents product stirs fresh questions about how AI could affect established SaaS platforms like Doximity. See our latest analysis for Doximity. At a share price of $21.05, Doximity’s recent weakness is clear, with a 30 day share price return of 13.62% and a 90 day move of 49.11%. The 1 year total shareholder return of 59.98% points to fading momentum despite earlier...

Insider MonkeyApr 13, 2026

Doximity (DOCS) Slid on Concerns Over AI Disruption

ClearBridge Investments, a global equity manager, recently published first-quarter 2026 commentary for its “Mid Cap Strategy”. A copy of the letter can be downloaded here. Mid-cap stocks showed strong performance in Q1, with the Russell Midcap Index rising 1.3%, outperforming both large-cap and small-cap stocks. In contrast, large-cap equities dropped 4.2%, while small-caps increased by only 0.9%; […]

Simply Wall St.Apr 11, 2026

Could Anthropic Managed Agents Pressure The Doximity SaaS Business Model

Anthropic recently introduced Managed Agents, a new service that can run autonomous AI workflows for businesses. This model could reduce the need for traditional seat-based software subscriptions that charge per user. Doximity (NYSE:DOCS), which relies heavily on a SaaS model for clinicians and life sciences customers, could face a new type of competitive pressure. Doximity runs a digital platform for U.S. clinicians, combining professional networking, telehealth tools, and workflow...

Insider MonkeyApr 9, 2026

Is Doximity (DOCS) One of the Stocks Set to Explode in the Next 3 Years?

Doximity, Inc. (NYSE:DOCS) earns a spot on our list of the 15 Stocks Set to Explode in the Next 3 Years. As analysts evaluate Doximity, Inc.’s (NYSE:DOCS) platform strength against recent share weakness, the company continues to enjoy positive Wall Street sentiment. As of April 6, 2026, over 75% of covering analysts gave the company […]

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Frequently Asked Questions

Common investor questions about Doximity, Inc.

Doximity, Inc. (DOCS) is currently trading at $23.90. The RSI (14-day) is at 57.3, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $39.55 implies 65.5% upside from current levels. Volatility is high at 44.4% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Doximity, Inc. (DOCS): The trailing P/E ratio is 19.13, which is in line with broader market averages. The forward P/E is 14.02, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 0.63, below 1.0, which generally indicates the stock is undervalued relative to its growth rate. Price-to-Book is 4.30. Price-to-Sales is 6.72. Valuation should be compared to Health Information Services industry peers for context, as different sectors trade at different multiples.

Based on 22 analysts covering DOCS, the consensus price target is $39.55. This represents a 65.5% upside from the current price of $23.90. The range spans from a low target of $25.00 to a high target of $56.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Doximity, Inc. (DOCS) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for Doximity, Inc. (DOCS) investors include: 1. High volatility (44.4% annualized)—the stock can experience significant daily price swings. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. Health Information Services sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Doximity, Inc.'s (DOCS) current debt and financial health profile: Total debt stands at $10.69M. The debt-to-equity ratio is 1.09, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 6.63, indicating strong short-term liquidity. The quick ratio is 6.00. The company holds $735.13M in cash and equivalents. Free cash flow is positive at $213.63M, providing a cushion for debt servicing and shareholder returns.