Doximity, Inc. (DOCS)

Doximity Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Doximity stock have an average target of 63.63, with a low estimate of 45 and a high estimate of 90. The average target predicts an increase of 8.75% from the current stock price of 58.51.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$45	$63.63	$65	$90
Change	-23.09%	+8.75%	+11.09%	+53.82%

* Price targets were last updated on Feb 10, 2025.

Analyst Ratings

The average analyst rating for Doximity stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	2	1	1	1	1	1
Buy	2	4	4	4	5	5
Hold	6	9	11	11	10	10
Sell	2	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	14	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steven Valiquette Mizuho	Mizuho	Hold Maintains $55 → $65	Hold	Maintains	$55 → $65	+11.09%	Feb 10, 2025
David Roman Goldman Sachs	Goldman Sachs	Hold Maintains $58 → $80	Hold	Maintains	$58 → $80	+36.73%	Feb 10, 2025
Michael Cherny Leerink Partners	Leerink Partners	Hold → Buy Upgrades $60 → $90	Hold → Buy	Upgrades	$60 → $90	+53.82%	Feb 7, 2025
Richard Close Canaccord Genuity	Canaccord Genuity	Hold Maintains $60 → $71	Hold	Maintains	$60 → $71	+21.35%	Feb 7, 2025
Brian Peterson Raymond James	Raymond James	Buy Reiterates $65 → $83	Buy	Reiterates	$65 → $83	+41.86%	Feb 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

577.38M

Increased by 21.45%

from 475.42M

Revenue Next Year

648.79M

Increased by 12.37%

from 577.38M

EPS This Year

1.34

Increased by 85.51%

from 0.72

EPS Next Year

1.45

Increased by 8.22%

from 1.34

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	116.39M	206.90M	343.55M	419.05M	475.42M	577.38M	648.79M	726.49M
Revenue Growth	35.82%	77.76%	66.05%	21.98%	13.45%	21.45%	12.37%	11.98%
EPS	0.13	0.23	0.70	0.53	0.72	1.34	1.45	1.64
EPS Growth	1,304.34%	76.92%	204.35%	-24.29%	35.85%	85.51%	8.22%	13.48%
Forward PE	-	-	-	-	-	43.81	40.48	35.67
No. Analysts	-	-	-	-	-	22	20	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	599.7M	692.7M	791.2M
Avg	577.4M	648.8M	726.5M
Low	553.6M	598.1M	658.1M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	26.1%	20.0%	22.0%
Avg	21.4%	12.4%	12.0%
Low	16.4%	3.6%	1.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	1.42	1.65	1.91
Avg	1.34	1.45	1.64
Low	1.25	1.26	1.42

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	96.9%	23.4%	32.2%
Avg	85.5%	8.2%	13.5%
Low	74.2%	-5.4%	-1.7%

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.