Digital Health Giant | Doximity dominates the healthcare professional network space, connecting over 80% of U.S. physicians and offering marketing, hiring, and telehealth solutions. |
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. |
Innovation Frontie | Explore Doximity's strategic acquisitions and AI investments, potentially driving long-term growth and efficiency in the evolving digital health landscape. |
Market Dynamics | Delve into how shifting pharma advertising trends and potential healthcare reforms could reshape Doximity's revenue streams and competitive positioning. |
Metrics to compare | DOCS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDOCSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 18.2x | 13.3x | −0.5x | |
PEG Ratio | −1.55 | 0.03 | 0.00 | |
Price/Book | 3.8x | 0.9x | 2.6x | |
Price / LTM Sales | 5.5x | 1.1x | 3.1x | |
Upside (Analyst Target) | 23.0% | 38.9% | 53.2% | |
Fair Value Upside | Unlock | 41.6% | 6.2% | 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.