Doximity, Inc. operates as a digital platform for medical professionals in the United States. Its platform provides its members with digital tools built for medicine, that enables its members to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and on-call schedules, streamline documentation and administrative paperwork, and conduct virtual patient visits. 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.
Market Dynamics | Delve into how shifting pharma advertising trends and potential healthcare reforms could reshape Doximity's revenue streams and competitive positioning. |
Innovation Frontie | Explore Doximity's strategic acquisitions and AI investments, potentially driving long-term growth and efficiency in the evolving digital health landscape. |
Financial Crossroads | Despite impressive margins and growth, Doximity faces valuation scrutiny. Analysts project revenue of $619-631 million for FY2026, with an average price target of $67.40. |
Digital Health Giant | Doximity dominates the healthcare professional network space, connecting over 80% of U.S. physicians and offering marketing, hiring, and telehealth solutions. |
Metrics to compare | DOCS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDOCSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 29.0x | 16.0x | −0.6x | |
PEG Ratio | 0.68 | 0.07 | 0.00 | |
Price / Book | 6.7x | 1.6x | 2.6x | |
Price / LTM Sales | 11.8x | 1.9x | 3.4x | |
Upside (Analyst Target) | 59.1% | 64.8% | 42.5% | |
Fair Value Upside | Unlock | 39.0% | 5.0% | Unlock |