Doximity, Inc. (DOCS)
NYSE: DOCS · IEX Real-Time Price · USD
26.96
-0.51 (-1.86%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Doximity Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Doximity stock have an average target of 28.5, with a low estimate of 23 and a high estimate of 33. The average target predicts an increase of 5.71% from the current stock price of 26.96.
Analyst Consensus: Hold
* Price targets were last updated on May 17, 2024.
Analyst Ratings
The average analyst rating for Doximity stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 7 | 8 | 8 | 9 | 9 | 9 |
| Sell | 2 | 1 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 17, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $28 → $29 | Hold | Maintains | $28 → $29 | +7.57% | May 17, 2024 |
| JP Morgan | JP Morgan | Sell → Hold Upgrades $25 | Sell → Hold | Upgrades | $25 | -7.27% | Apr 25, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $25 | Sell | Maintains | $25 | -7.27% | Apr 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $30 | Hold | Maintains | $30 | +11.28% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
522.55M
from 475.42M
Increased by 9.91%
Revenue Next Year
569.83M
from 522.55M
Increased by 9.05%
EPS This Year
1.00
from 0.72
Increased by 39.32%
EPS Next Year
1.09
from 1.00
Increased by 9.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 540.9M | 615.3M | 711.1M | 839.1M | 912.1M |
| Avg | 522.6M | 569.8M | 631.1M | 744.2M | 810.8M |
| Low | 500.0M | 531.4M | 560.2M | 646.2M | 706.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.8% | 17.7% | 24.8% | 33.0% | 22.6% |
| Avg | 9.9% | 9.0% | 10.7% | 17.9% | 9.0% |
| Low | 5.2% | 1.7% | -1.7% | 2.4% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.10 | 1.20 | 1.58 | 1.82 | 1.80 |
| Avg | 1.00 | 1.09 | 1.30 | 1.57 | 1.74 |
| Low | 0.85 | 0.95 | 1.16 | 1.38 | 1.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.1% | 19.3% | 44.0% | 39.8% | 14.1% |
| Avg | 39.3% | 9.1% | 18.8% | 21.1% | 10.8% |
| Low | 18.0% | -4.8% | 6.5% | 6.3% | 6.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.