Doximity Inc [DOCS] stock prices are up 1.87% to $57.75 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DOCS shares have gain 10.21% over the last week, with a monthly amount drifted -1.30%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Doximity Inc [NYSE: DOCS] stock has seen the most recent analyst activity on February 07, 2025, when Piper Sandler upgraded its rating to a Overweight and also boosted its price target to $78 from $31. Previously, Leerink Partners upgraded its rating to Outperform on February 07, 2025, and elevated its price target to $90. On December 20, 2024, Stephens initiated with a Equal-Weight rating and assigned a price target of $55 on the stock. Mizuho started tracking the stock assigning a Neutral rating and suggested a price target of $55 on December 04, 2024. Goldman initiated its recommendation with a Neutral and recommended $58 as its price target on November 15, 2024. Morgan Stanley upgraded its rating to Equal-Weight for this stock on November 14, 2024, and upped its price target to $53. In a note dated November 13, 2024, Canaccord Genuity downgraded an Hold rating on this stock and boosted its target price from $40 to $60.
The stock price of Doximity Inc [DOCS] has been fluctuating between $22.96 and $85.21 over the past year. Currently, Wall Street analysts expect the stock to reach $56.4 within the next 12 months. Doximity Inc [NYSE: DOCS] shares were valued at $57.75 at the most recent close of the market. An investor can expect a potential drop of -2.34% based on the average DOCS price forecast.
Analyzing the DOCS fundamentals
The Doximity Inc [NYSE:DOCS] reported sales of 550.17M for trailing twelve months, representing a surge of 24.63%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.46%, and Net Profit Margin reading is 0.37%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.21 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 56.94 points at the first support level, and at 56.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.24, and for the 2nd resistance point, it is at 58.72.
Ratios To Look Out For
It’s worth pointing out that Doximity Inc [NYSE:DOCS]’s Current Ratio is 8.67. Also, the Quick Ratio is 8.67, while the Cash Ratio stands at 1.43. Considering the valuation of this stock, the price to sales ratio is 19.70, the price to book ratio is 10.51 and price to earnings (TTM) ratio is 57.65.
Transactions by insiders
Recent insider trading involved Wampler Kira Scherer, Director, that happened on Apr 01 ’25 when 7000.0 shares were sold. Director, KIRA WAMPLER completed a deal on Apr 01 ’25 to buy 7000.0 shares. Meanwhile, Director Wampler Kira Scherer sold 2000.0 shares on Mar 03 ’25.
