Doximity to Announce Q3 Earnings Amid Market Concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 28 2026
0mins
Should l Buy DOCS?
Source: seekingalpha
Doximity Inc (DOCS) has seen its stock price drop 4.26%, hitting a 52-week low amid broader market declines, with the Nasdaq-100 down 0.94% and the S&P 500 down 0.87%.
The company is set to release its Q3 2023 earnings results on February 5th, with consensus EPS estimated at $0.45 and revenue expected at $181.56 million, reflecting a 7.7% year-over-year increase. Despite a history of beating estimates, recent revisions have shown market uncertainty regarding Doximity's future performance, particularly due to policy-driven budget concerns.
Investors are closely watching the upcoming earnings report, as it may provide insights into Doximity's ability to navigate current market challenges and maintain its profitability.
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Analyst Views on DOCS
Wall Street analysts forecast DOCS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DOCS is 62.75 USD with a low forecast of 50.00 USD and a high forecast of 82.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
10 Buy
4 Hold
1 Sell
Moderate Buy
Current: 33.320
Low
50.00
Averages
62.75
High
82.00
Current: 33.320
Low
50.00
Averages
62.75
High
82.00
About DOCS
Doximity, Inc. provides a digital platform for the United States medical professionals. It offers marketing, hiring, and workflow solutions to pharmaceutical manufacturers, health systems, medical recruiting firms, and other healthcare companies. Its marketing solutions enable its pharmaceutical and health system customers to get the right content, services, and peer connections to the right medical professionals through a variety of modules. Its hiring solutions provide digital recruiting capabilities to health systems and medical recruiting firms, enabling them to identify, connect with, and hire from its network of both active and passive medical professional candidates, who might otherwise be missed through traditional recruiting channels. Its workflow solutions include its telehealth, on-call scheduling, and AI-powered workflow tools, are designed to help clinicians streamline their clinical workflow, reduce their administrative burden, and connect with patients and colleagues.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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