- Investing.com
Strategic Priorities | Discover how AI Search, Scribe productivity tools, and value-based care partnerships position the company to capture pharmaceutical budget reallocations from DTC channels |
Competitive Moat | Despite emerging AI-native competitors, Doximity maintains strong physician engagement with 30% growth in active prescribers and relationships spanning 300+ health systems |
AI Investment Impact | Analyst price targets range from $19 to $82, with an average around $42, reflecting divergent views on AI spending effects and margin compression |
Growth Challenges | Doximity transitions from high-growth platform to mature business, with revenue guidance reflecting single-digit growth amid pharmaceutical advertising uncertainty |
Metrics to compare | DOCS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDOCSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 18.7x | 11.9x | −0.4x | |
PEG Ratio | −1.63 | 0.03 | 0.00 | |
Price / Book | 3.9x | 0.9x | 2.6x | |
Price / LTM Sales | 5.7x | 1.1x | 3.0x | |
Upside (Analyst Target) | 17.3% | 36.3% | 58.1% | |
Fair Value Upside | Unlock | 45.2% | 8.2% | Unlock |
Doximity, Inc. operates a digital platform for medical professionals in the United States. Its Doximity platform includes a personalized newsfeed that presents clinical and professional content to members, which offers medical articles, clinical trials or research results in an easy-to-consume video format, professional updates and accomplishments of their peers and colleagues, clinical discussions, Op-Med articles for publication, and sponsored content from pharmaceutical manufacturers and health systems. The company also offers workflow tools, including Ask, a HIPAA-compliant AI assistant, to access and apply evidence-based medical information within clinical workflows; Scribe, a HIPAA-compliant, AI-powered clinical documentation tool; Telehealth tools for hospitals and health systems; and AMiON, an on-call scheduling tool. The company primarily serves physicians, nurse practitioners, physician assistants, medical students, pharmaceutical manufacturers, and healthcare systems. The company was formerly known as 3MD Communications, Inc. and changed its name to Doximity, Inc. in June 2010. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.