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NYSE: DOCS
Doximity Inc Stock Forecast, Predictions & Price Target

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Analyst price target for DOCS

Based on 15 analysts offering 12 month price targets for Doximity Inc.
Min Forecast
$29.00-6.27%
Avg Forecast
$44.93+45.23%
Max Forecast
$67.00+116.55%

Should I buy or sell DOCS stock?

Based on 15 analysts offering ratings for Doximity Inc.
Buy
Strong Buy
7 analysts 46.67%
Buy
4 analysts 26.67%
Hold
2 analysts 13.33%
Sell
1 analysts 6.67%
Strong Sell
1 analysts 6.67%

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DOCS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Anonymous
KeyBanc
HoldInitiates Coverage OnN/AN/A2022-09-16
Truist Securities
Bottom 2%
2
HoldInitiates Coverage On$35.00+13.12%2022-09-07
Goldman Sachs
Bottom 21%
21
Strong BuyMaintains$46.00+48.67%2022-08-08
Canaccord Genuity
Bottom 11%
11
Strong BuyMaintains$42.00+35.75%2022-08-05
Bank of America
Bottom 47%
47
SellDowngrades$29.00-6.27%2022-08-05
Piper Sandler
Bottom 5%
5
Strong BuyMaintains$39.00+26.05%2022-08-05
Berenberg
Bottom 18%
18
Strong BuyInitiates Coverage On$49.00+58.37%2022-07-29
Piper Sandler
Top 17%
84
Strong BuyMaintains$44.00+42.21%2022-05-19
Guggenheim
Top 6%
95
Strong BuyMaintains$52.00+68.07%2022-05-18
Jefferies
Top 22%
79
Strong BuyMaintains$46.00+48.67%2022-05-18

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Forecast return on equity

Is DOCS forecast to generate an efficient return?
Company
22.52%
Industry
11.71%
Market
122.96%
DOCS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is DOCS forecast to generate an efficient return on assets?
Company
19.33%
Industry
8.73%
DOCS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DOCS earnings per share forecast

What is DOCS's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$0.55-32.1%
Avg 2 year Forecast
$0.69-14.81%
Avg 3 year Forecast
$1.05+29.63%
DOCS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

DOCS revenue forecast

What is DOCS's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$427.5M+18.24%
Avg 2 year Forecast
$540.8M+49.59%
Avg 3 year Forecast
$734.3M+103.1%
DOCS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DOCS earnings growth forecast

How is DOCS forecast to perform vs Health Information Services companies and vs the US market?
Company
5.09%
Industry
9.15%
Market
17.18%
DOCS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
DOCS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
DOCS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

DOCS revenue growth forecast

How is DOCS forecast to perform vs Health Information Services companies and vs the US market?
Company
25.19%
Industry
16.39%
Market
8.5%
DOCS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DOCS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DOCS vs Health Information Service Stocks

TickerPricePrice TargetUp/downsideConsensus
DOCS$30.94$44.93+45.23%Buy
HQY$67.50$75.83+12.35%Strong Buy
SGFY$29.28$27.09-7.48%Buy
TDOC$26.81$53.17+98.34%Buy
RCM$18.62$28.17+51.27%Strong Buy

Doximity Stock Forecast FAQ

Is Doximity Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: DOCS) stock is to Buy DOCS stock.

Out of 15 analysts, 7 (46.67%) are recommending DOCS as a Strong Buy, 4 (26.67%) are recommending DOCS as a Buy, 2 (13.33%) are recommending DOCS as a Hold, 1 (6.67%) are recommending DOCS as a Sell, and 1 (6.67%) are recommending DOCS as a Strong Sell.

If you're new to stock investing, here's how to buy Doximity stock.

What is DOCS's earnings growth forecast for 2023-2025?

(NYSE: DOCS) Doximity's forecast annual earnings growth rate of 5.09% is not forecast to beat the US Health Information Services industry's average forecast earnings growth rate of 9.15%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.18%.

Doximity's earnings in 2022 is $151,184,000.On average, 5 Wall Street analysts forecast DOCS's earnings for 2023 to be $106,404,282, with the lowest DOCS earnings forecast at $94,796,542, and the highest DOCS earnings forecast at $121,881,268. On average, 5 Wall Street analysts forecast DOCS's earnings for 2024 to be $133,489,008, with the lowest DOCS earnings forecast at $114,142,775, and the highest DOCS earnings forecast at $158,639,111.

In 2025, DOCS is forecast to generate $203,135,447 in earnings, with the lowest earnings forecast at $203,135,447 and the highest earnings forecast at $203,135,447.

What is DOCS's revenue growth forecast for 2023-2025?

(NYSE: DOCS) Doximity's forecast annual revenue growth rate of 25.19% is forecast to beat the US Health Information Services industry's average forecast revenue growth rate of 16.39%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.5%.

Doximity's revenue in 2022 is $361,518,000.On average, 6 Wall Street analysts forecast DOCS's revenue for 2023 to be $82,700,502,979, with the lowest DOCS revenue forecast at $82,238,901,860, and the highest DOCS revenue forecast at $83,047,574,399. On average, 7 Wall Street analysts forecast DOCS's revenue for 2024 to be $104,622,686,903, with the lowest DOCS revenue forecast at $99,317,756,352, and the highest DOCS revenue forecast at $114,247,437,821.

In 2025, DOCS is forecast to generate $142,051,070,039 in revenue, with the lowest revenue forecast at $134,547,246,645 and the highest revenue forecast at $149,025,967,422.

What is DOCS's forecast return on assets (ROA) for 2023-2025?

(NYSE: DOCS) forecast ROA is 19.33%, which is higher than the forecast US Health Information Services industry average of 8.73%.

What is DOCS's Price Target?

According to 15 Wall Street analysts that have issued a 1 year DOCS price target, the average DOCS price target is $44.93, with the highest DOCS stock price forecast at $67.00 and the lowest DOCS stock price forecast at $29.00.

On average, Wall Street analysts predict that Doximity's share price could reach $44.93 by Sep 7, 2023. The average Doximity stock price prediction forecasts a potential upside of 45.23% from the current DOCS share price of $30.94.

What is DOCS's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: DOCS) Doximity's current Earnings Per Share (EPS) is $0.81. On average, analysts forecast that DOCS's EPS will be $0.55 for 2023, with the lowest EPS forecast at $0.49, and the highest EPS forecast at $0.63. On average, analysts forecast that DOCS's EPS will be $0.69 for 2024, with the lowest EPS forecast at $0.59, and the highest EPS forecast at $0.82. In 2025, DOCS's EPS is forecast to hit $1.05 (min: $1.05, max: $1.05).

What is DOCS's forecast return on equity (ROE) for 2023-2025?

(NYSE: DOCS) forecast ROE is 22.52%, which is considered strong.
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