Doximity, Inc.(DOCS)
NASDAQ

DOCS Stock Analysis — May 2026

$19.94
0.55 (2.84%)

DOCS Stock Price Today (May 2026) — Doximity, Inc. Analysis & Key Metrics 2026-05-22

Doximity, Inc. (DOCS) is trading at $19.94, up 2.84% today (as of May 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Healthcare growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $37.77 (89.4% upside).
  • Volatility remains elevated (108.49% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (9.80% YoY) alongside significant competitive pressures.

DOCS Stock Analysis: Key Metrics & Valuation (May 2026)

Concise, actionable data for investors

Trend posture
Short-term pullback in long-term uptrend
Analyst 1Y target37.7789.4%
Volatility (30d ann.)108.487High
RSI (14-day)
36.78 (Neutral)
Debt$10.69M (1.09 D/E)

Doximity, Inc. - Historical Price & Volume

$19.94
-7.89 (-28.35%)
Price
Volume
Current Price Line
Range: 2Y

Market Cap

$4.93B

Enterprise Value: $4.02B

P/E Ratio

22.01

Forward P/E: 16.16

Revenue Growth

+9.80%

Year over Year

Analyst Target

$37.77

+89.4% upside potential

Key Investor Questions About DOCS

What investors need to know before buying

Is it a good time to buy DOCS stock?

Based on current market data, DOCS presents a neutral technical setup with looking solid fundamentals.

  • Technicals say: Neutral (RSI 36.78)
  • Fundamentals say: Looking solid (debt and growth supportive)
Can DOCS sustain revenue growth in the Health Information Services market?

DOCS's growth trajectory depends on its ability to expand within the Health Information Services sector while managing margin pressures.

  • Future growth will depend on performance in core Health Information Services operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing DOCS stock?

The primary risks for DOCS investors include debt exposure and competitive dynamics in the Health Information Services industry.

  • $10.69M in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Health Information Services.

52-Week Trading Range

52-Week Low$20.55
52-Week High$76.51
Current Price$19.94

Over the past year, DOCS stock traded between $20.55 and $76.51—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility108.49%
Beta1.35
RSI (14-day)36.78

With 108.49% annualized volatility and β=1.35, the stock exhibits high sensitivity to market moves—making DOCS suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership2.59%
Institutional Ownership96.54%
Shares Short15.06M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$37.77
Upside Potential
89.4%
Recommendation
buy
Analysts see strong upside potential with a target of $37.77. The 89.4% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

StockStoryMay 21, 2026

5 Revealing Analyst Questions From Doximity’s Q1 Earnings Call

Doximity’s first quarter results were met with a sharply negative market reaction, as management pointed to a combination of elevated AI-related expenses and persistent caution among pharmaceutical customers. CEO Jeffrey Tangney cited rapid uptake of Doximity’s AI workflow tools by physicians and highlighted a notable increase in engagement, but acknowledged that macro uncertainty and shorter-term spending commitments from clients weighed on the business. Management also addressed the drag on pr

Simply Wall St.May 21, 2026

Doximity Leadership Shift And AI Push Reframe Growth And Valuation Outlook

Doximity (NYSE:DOCS) has reshaped its leadership team, appointing a new Chief Financial Officer and President with backgrounds in digital health and technology. The company is deepening its focus on healthcare AI by integrating its Clinical AI Suite, including Scribe and Ask, into Aledade’s national value-based care network. These changes come as Doximity responds to macroeconomic headwinds and shifting pharma advertising dynamics. Doximity runs a digital platform designed for clinicians,...

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OPRX Boosts DSP Revenue Potential While Navigating Near-Term Headwinds

OptimizeRx expands DSP integration to unlock scalable EHR ad campaigns and boost inventory use despite lowering 2026 revenue guidance.

StockStoryMay 19, 2026

Why Are Doximity (DOCS) Shares Soaring Today

Shares of medical professional network Doximity (NYSE:DOCS) jumped 7% in the afternoon session after the company's shares rebounded from a steep sell-off triggered by its weak financial guidance and mixed fourth-quarter results.

StockStoryMay 18, 2026

Doximity (DOCS) Q1 CY2026 Deep Dive: AI Investments Accelerate Amid Macro and Policy Headwinds

Medical professional network Doximity (NYSE:DOCS) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 5.1% year on year to $145.4 million. On the other hand, next quarter’s revenue guidance of $151.5 million was less impressive, coming in 1.1% below analysts’ estimates. Its non-GAAP profit of $0.26 per share was 7.9% below analysts’ consensus estimates.

StockStoryMay 18, 2026

Why Doximity (DOCS) Shares Are Sliding Today

Shares of medical professional network Doximity (NYSE:DOCS) fell 25.9% in the afternoon session after the company reported underwhelming first quarter results: its revenue guidance for next year revealed a significant slowdown in demand and its full-year revenue guidance fell short of Wall Street's estimates.

24/7 Wall St.May 18, 2026

Forget Hims. Its CEO Dumped 436,000 Shares Before a 1,266% Earnings Miss. Here Is the Profitable Healthcare Stock to Own Instead

Hims & Hers (NYSE:HIMS) is dominating headlines this week because the GLP-1 darling just delivered one of the ugliest quarters in the telehealth sector’s short history, and bargain hunters are circling the wreckage. But here’s what you should actually be watching. The Q1 2026 release on May 11, 2026 was a fracture. EPS came in ... Forget Hims. Its CEO Dumped 436,000 Shares Before a 1,266% Earnings Miss. Here Is the Profitable Healthcare Stock to Own Instead

24/7 Wall St.May 18, 2026

7 Healthcare AI Stocks Under $50 With Huge Upside Potential

Healthcare AI stocks have been hammered in 2026, with several names down 30% to 65% year to date even as their underlying platforms keep maturing. That dislocation between share price and product progress is exactly the kind of setup retail investors should scan for: real revenue, real partnerships, and prices low enough that a successful ... 7 Healthcare AI Stocks Under $50 With Huge Upside Potential

TheStreetMay 18, 2026

Another Wall Street analyst slashes Doximity stock price outlook

Doximity (DOCS) investors are watching one of the steepest sell-side resets the stock has seen in years. In the 24 hours after Doximity released its fiscal fourth-quarter results and fiscal 2027 outlook on May 13, more than 10 Wall Street firms either downgraded the stock, slashed their price ...

Frequently Asked Questions

Common investor questions about Doximity, Inc.

Doximity, Inc. (DOCS) is currently trading at $19.94. The RSI (14-day) is at 36.8, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $37.77 implies 89.4% upside from current levels. Volatility is high at 108.5% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Doximity, Inc. (DOCS): The trailing P/E ratio is 22.01, which is in line with broader market averages. The forward P/E is 16.16, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 0.68, below 1.0, which generally indicates the stock is undervalued relative to its growth rate. Price-to-Book is 4.95. Price-to-Sales is 7.73. Valuation should be compared to Health Information Services industry peers for context, as different sectors trade at different multiples.

Based on 22 analysts covering DOCS, the consensus price target is $37.77. This represents a 89.4% upside from the current price of $19.94. The range spans from a low target of $25.00 to a high target of $55.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Doximity, Inc. (DOCS) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for Doximity, Inc. (DOCS) investors include: 1. High volatility (108.5% annualized)—the stock can experience significant daily price swings. 2. Elevated short interest (11.5% of float) suggests significant bearish sentiment. 3. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 4. Health Information Services sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Doximity, Inc.'s (DOCS) current debt and financial health profile: Total debt stands at $10.69M. The debt-to-equity ratio is 1.09, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 6.63, indicating strong short-term liquidity. The quick ratio is 6.00. The company holds $735.13M in cash and equivalents. Free cash flow is positive at $213.63M, providing a cushion for debt servicing and shareholder returns.