Doximity, Inc. (DOCS) Stock Price & Analysis

Doximity, Inc. (DOCS) closed at USD 33.68 on Thursday, October 22, 2026, up 0.30% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 33.58; the Oct 22, 2026 session ranged USD 33.37–34.15 on volume of 2,846,455 shares. Market capitalization is $6.00B, with a 52-week range of USD 17.15–71.37 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.

Also available as compact Markdown for AI agents: nexqual.com/DOCS.md

Key facts (DOCS)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (DOCS)

USDFY2022FY2023FY2024FY2025FY2026TTM
Revenue$344M$419M$475M$570M$645M$656M
Gross profit$304M$366M$425M$515M$575M—
Operating income$114M$125M$164M$228M$215M$194M
Net income$155M$113M$148M$223M$196M$167M
EPS (diluted)$0.70$0.53$0.72$1.11$0.98—
Free cash flow$125M$178M$184M$273M$326M—
Gross margin88.4%87.2%89.3%90.2%89.1%—
Operating margin33.0%29.9%34.5%39.9%33.3%29.6%
Net margin45.1%26.9%31.0%39.1%30.4%25.5%
Revenue growth+66.0%+22.0%+13.5%+20.0%+13.1%—
Cash + short-term investments$708M$809M$763M$916M$749M—

Fiscal years end Mar. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (DOCS)

P/E 35.9x · P/S 9.2x · P/B 6.5x · Earnings yield 2.78% · Buyback yield (TTM) 6.68%

P/E at fiscal year-ends: Mar 2026 23.7x, Mar 2025 52.3x, Mar 2024 37.5x.

Superinvestors (SEC 13F-HR, Q2 2026) (DOCS)

1 of 80 tracked investors hold DOCS. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Terry SmithFundsmith0.10%$13.5MReduced -5.6%

Insider sales (SEC Form 4, open-market, last ~7 months) (DOCS)

13 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-14Sitaram SiddharthChief Accounting Officer2,613$80K2.5%Yes (adopted February 27, 2026)Too little history (no open-market trades in 2023–2025)
2026-10-01Wampler Kira SchererDirector2,000$58K6.7%Yes (adopted May 26, 2026)Routine (sold in Nov each year 2023–2025; this trade is outside those months)
2026-09-30Yang Watkin Phoebe L.Director1,290$34K5%Yes (adopted May 22, 2026)Too little history (no open-market trades in 2023)
2026-09-15Sitaram SiddharthChief Accounting Officer2,077$54K2.1%Yes (adopted February 27, 2026)Too little history (no open-market trades in 2023–2025)
2026-09-01Wampler Kira SchererDirector2,000$53K6.7%Yes (adopted May 26, 2026)Routine (sold in Nov each year 2023–2025; this trade is outside those months)
2026-08-25Wampler Kira SchererDirector2,000$50K9.2%Yes (adopted May 26, 2026)Routine (sold in Nov each year 2023–2025; this trade is outside those months)
2026-08-13Sitaram SiddharthChief Accounting Officer1,770$44K1.9%Yes (adopted February 27, 2026)Too little history (no open-market trades in 2023–2025)
2026-08-07Cabral Timothy SDirector7,500$293K70%Yes (adopted February 19, 2026)Opportunistic (traded every year 2023–2025, no repeating month)
2026-07-15Sitaram SiddharthChief Accounting Officer1,732$38K1.8%Yes (adopted February 27, 2026)Too little history (no open-market trades in 2023–2025)
2026-06-08Sitaram SiddharthInterim PAO2,444$50K2.6%Yes (adopted August 28, 2025)Too little history (no open-market trades in 2023–2025)
2026-05-11Sitaram SiddharthInterim PFO and PAO2,309$60K2.5%Yes (adopted August 28, 2025)Too little history (no open-market trades in 2023–2025)
2026-05-07Wampler Kira SchererDirector9,000$235K31.2%Yes (adopted November 12, 2024)Routine (sold in Nov each year 2023–2025; this trade is outside those months)
2026-04-10Sitaram SiddharthInterim PFO and PAO2,427$51K2.7%Yes (adopted August 28, 2025)Too little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (DOCS)

Consensus Hold (mean 2.52 on a 1–5 scale), 21 analysts; mean target USD 31.11 (low 18, high 47).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-09-29Evercore ISI GroupTarget loweredIn-Line$40 → $35
2026-09-08Freedom Capital MarketsDowngradeBuy → Hold$24 → $27
2026-08-21BarclaysTarget raisedEqual-Weight$20 → $27
2026-08-13Truist SecuritiesTarget raisedHold$19 → $24
2026-08-10Wells FargoDowngradeEqual-Weight → Underweight$18
2026-08-07JP MorganTarget raisedNeutral$26 → $31
2026-08-07Piper SandlerTarget raisedOverweight$42 → $47
2026-08-07Evercore ISI GroupTarget raisedIn-Line$22 → $40
2026-06-29B of A SecuritiesDowngradeBuy → Underperform$38 → $20

Total return (dividends reinvested) (DOCS)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-49.2%-48.0%
S&P 500 (SPY)+14.9%+80.3%
Per year-49.3%-12.2%
Volatility (annualized)64.5%61.6%
Max drawdown-73.7% (Oct 2025→May 2026)-76.1% (Feb 2025→May 2026)

DOCS revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Subscription$146.3M93.4%+6.1%
Other$10.3M6.6%+28.4%
Total revenue$156.6M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

DOCS suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierAlphabet (Google) (GOOGL)“For example, we rely on Amazon Web Services for a substantial portion of our computing and storage capacity, and rely on Google for storage capacity and collaboration tools.”
SupplierAmazon (AMZN)“For example, we rely on Amazon Web Services for a substantial portion of our computing and storage capacity, and rely on Google for storage capacity and collaboration tools.”
SupplierApple (AAPL)“We rely on third-party platforms, such as the Apple App Store and Google Play App Store, to distribute our platform and offerings.”
CustomerPathway Medical“This includes our acquisitions of Curative Talent, AMiON, and Pathway Medical Inc. We plan to continue evaluating similar opportunities and execute on them if we find the right fit for our members, customers, and our company.”
PartnerNews & World Report“Patients can search for the right doctor or hospital for their needs through our collaboration with the Doctor Finder tool of U.S. News & World Report, which publicly displays summary physician profiles and hospital rankings powered by an integration with our Doximity network.”
CompetitorMeta Platforms (META)“•Competing for members: We compete with large technology companies that have developed online networking and collaboration tools such as LinkedIn, Facebook, Google, and X, in addition to smaller, emerging companies.”
CompetitorOpenAI“We also compete with providers of scheduling solutions such as QGenda and a number of emerging AI solutions focusing on healthcare, including Abridge, OpenAI, and Anthropic.”
CompetitorAnthropic“We also compete with providers of scheduling solutions such as QGenda and a number of emerging AI solutions focusing on healthcare, including Abridge, OpenAI, and Anthropic.”

Quoted from the company's 10-K filed May 19, 2026.

DOCS customer concentration

In the period ended Mar 31, 2026, a single direct customer accounted for 11% of revenue, per the company's 10-K filed May 19, 2026. The company does not name it.

DOCS company outlook (results filed Aug 6, 2026)

Analysts expect $170.3M for the current quarter, in line with the midpoint of the company's guidance ($170.5M).

Quoted word-for-word from the SEC 8-K results press release.

DOCS analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.35$0.37-6.2%$170.3M18
Next quarter (ends Dec 2026)$0.42$0.44-5.5%$193.4M18
Current fiscal year (ends Mar 2027)$1.35$1.43-5.6%$675.6M18
Next fiscal year (ends Mar 2028)$1.56$1.59-2.2%$720.7M17

Key Statistics (as of October 23, 2026 at 09:23 UTC)

PriceUSD 33.68
Change▲ 0.30% (up)
Previous CloseUSD 33.58
OpenUSD 33.58
Day RangeUSD 33.37 – 34.15
52-Week RangeUSD 17.15 – 71.37
Volume2,846,455 shares
Market Cap$6.00B
ExchangeNYQ

Technical Analysis (DOCS)

Nexqual's technical model rates DOCS "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.

Overall SignalBUY
RSI (14)73.74 (overbought)
vs SMA50Above (USD 27.34)
MACD1.8 (positive)

Analyst Ratings (DOCS)

Wall Street analysts rate DOCS "Hold" based on 21 analysts, with a mean price target of USD 31.11 (range USD 18–47), per Nexqual as of October 23, 2026 at 09:23 UTC.

Consensus RatingHold
Analyst Count21
Mean TargetUSD 31.11
High TargetUSD 47
Low TargetUSD 18
Buy / Hold / Sell8 / 11 / 2

Earnings (DOCS)

Next Earnings Date2026-11-05
EPS EstimateUSD 0.35
Revenue Estimate$170.30M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.29 vs est 0.3 ▼ miss
2026-03-31USD 0.26 vs est 0.28 ▼ miss
2025-12-31USD 0.46 vs est 0.45 ▲ beat
2025-09-30USD 0.45 vs est 0.38 ▲ beat

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Financials & Fundamentals (DOCS)

Total Revenue$655.57M
Revenue Growth (latest quarter, YoY)+7.30%
Gross Margin+88.07%
Operating Margin+21.54%
Profit Margin+25.48%
ROE+17.21%
Debt / Equity0.01
Current Ratio6.08
Total Cash$687.79M
Total Debt$9.67M

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Ownership (DOCS)

Insider Ownership+2.98%
Institutional Ownership+102.87%
Shares Outstanding127.35M
Float123.63M
Short % of Float+9.05%

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Leadership (DOCS)

Doximity, Inc. is led by Jeffrey A. Tangney, Co-Founder, CEO & Chairperson, per Nexqual as of October 23, 2026 at 09:23 UTC.

Co-Founder, CEO & ChairpersonJeffrey A. Tangney
PresidentSteven L. Zatz
CFO & Principal Financial OfficerMatthew Sonefeldt
Chief Technology OfficerJey Balachandran
Senior Vice President of EngineeringBruno Miranda

Major Backers & Investors (DOCS)

Notable institutional backers of Doximity, Inc. include Shaw D.E. & Co., Inc., Two Sigma Investments, LP, Goldman Sachs, according to Nexqual as of October 23, 2026 at 09:23 UTC.

Active Investors

InvestorStake
Shaw D.E. & Co., Inc.4.65%
Two Sigma Investments, LP3.65%
Goldman Sachs3.21%
Wellington Management2.46%
Federated Hermes Equity Funds-Federated Hermes MDT Mid Cap Growth Fund1.2%

Index Funds (Passive)

FundStake
BlackRock11.23%
Vanguard Group9.71%
State Street3.31%
Geode Capital3.02%
Deutsche Bank AG2.27%

Source: Nexqual, October 23, 2026 at 09:23 UTC.

From Doximity, Inc.'s Latest SEC 10-K Filing (filed 2026-05-19)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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HNGEHinge Health, Inc.USD 109.93▼ 1.85%
TEMTempus AI, Inc.USD 63.81▼ 5.83%
BTSGBrightSpring Health Services, IUSD 60.86▼ 2.41%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt