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 52.69, with a low estimate of 32 and a high estimate of 75. The average target predicts a decrease of -10.85% from the current stock price of 59.10.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$32	$52.69	$55	$75
Change	-45.85%	-10.85%	-6.94%	+26.90%

Analyst Ratings

The average analyst rating for Doximity stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	2	2	2	1	1	1
Buy	0	1	2	4	4	4
Hold	7	7	6	9	11	11
Sell	2	2	2	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	12	12	14	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stan Berenshteyn Wells Fargo	Wells Fargo	Hold Maintains $41 → $43	Hold	Maintains	$41 → $43	-27.24%	Jan 13, 2025
Scott Schoenhaus Keybanc	Keybanc	Buy Maintains $70 → $65	Buy	Maintains	$70 → $65	+9.98%	Jan 8, 2025
Allen Lutz B of A Securities	B of A Securities	Hold Maintains $54 → $57	Hold	Maintains	$54 → $57	-3.55%	Jan 6, 2025
Jeff Garro Stephens & Co.	Stephens & Co.	Hold Initiates $55	Hold	Initiates	$55	-6.94%	Dec 20, 2024
Steven Valiquette Mizuho	Mizuho	Hold Initiates $55	Hold	Initiates	$55	-6.94%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

550.78M

Increased by 15.85%

from 475.42M

Revenue Next Year

608.22M

Increased by 10.43%

from 550.78M

EPS This Year

1.16

Increased by 61.44%

from 0.72

EPS Next Year

1.27

Increased by 9.27%

from 1.16

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	550.78M	608.22M	670.14M
Revenue Growth	35.82%	77.76%	66.05%	21.98%	13.45%	15.85%	10.43%	10.18%
EPS	0.13	0.23	0.70	0.53	0.72	1.16	1.27	1.41
EPS Growth	1,304.34%	76.92%	204.35%	-24.29%	35.85%	61.44%	9.27%	11.06%
Forward PE	-	-	-	-	-	50.84	46.53	41.90
No. Analysts	-	-	-	-	-	20	18	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	582.7M	658.4M	737.3M
Avg	550.8M	608.2M	670.1M
Low	526.0M	563.8M	614.2M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	22.6%	19.5%	21.2%
Avg	15.9%	10.4%	10.2%
Low	10.6%	2.4%	1.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.27	1.47	1.68
Avg	1.16	1.27	1.41
Low	0.98	1.04	1.16

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	75.7%	26.6%	32.4%
Avg	61.4%	9.3%	11.1%
Low	36.1%	-10.6%	-9.0%

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.