Doximity, Inc. (DOCS)
NYSE: DOCS · IEX Real-Time Price · USD
24.36
+0.09 (0.35%)
Apr 30, 2024, 3:45 PM EDT - Market open
Doximity Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Doximity stock have an average target of 28.6, with a low estimate of 23 and a high estimate of 33. The average target predicts an increase of 17.43% from the current stock price of 24.36.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 7 | 8 | 8 | 9 |
| Sell | 2 | 2 | 2 | 1 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell → Hold Upgrades $25 | Sell → Hold | Upgrades | $25 | +2.65% | Apr 25, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $25 | Sell | Maintains | $25 | +2.65% | Apr 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $30 | Hold | Maintains | $30 | +23.18% | Apr 2, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $22 → $25 | Sell | Maintains | $22 → $25 | +2.65% | Mar 15, 2024 |
| Leerink Partners | Leerink Partners | Hold Initiates $32 | Hold | Initiates | $32 | +31.39% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
483.32M
from 419.05M
Increased by 15.34%
Revenue Next Year
531.41M
from 483.32M
Increased by 9.95%
EPS This Year
0.92
from 0.53
Increased by 73.53%
EPS Next Year
0.97
from 0.92
Increased by 5.03%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 497.8M | 552.4M | 626.8M | 714.7M | 821.8M | 942.9M |
| Avg | 483.3M | 531.4M | 588.8M | 657.7M | 739.0M | 829.7M |
| Low | 463.5M | 504.1M | 547.4M | 596.8M | 652.9M | 714.3M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 18.8% | 14.3% | 17.9% | 21.4% | 25.0% | 27.6% |
| Avg | 15.3% | 9.9% | 10.8% | 11.7% | 12.3% | 12.3% |
| Low | 10.6% | 4.3% | 3.0% | 1.4% | -0.7% | -3.3% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 0.97 | 1.08 | 1.21 | 1.21 | 1.40 | 1.62 |
| Avg | 0.92 | 0.97 | 1.08 | 1.17 | 1.36 | 1.57 |
| Low | 0.85 | 0.85 | 0.97 | 1.13 | 1.30 | 1.51 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 82.3% | 17.6% | 25.0% | 11.5% | 19.1% | 19.2% |
| Avg | 73.5% | 5.0% | 12.1% | 8.3% | 15.7% | 15.8% |
| Low | 60.9% | -7.3% | 0.4% | 4.1% | 11.1% | 11.2% |
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.