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.
Digital Health Giant | Doximity dominates the healthcare professional network space, connecting over 2 million medical professionals and serving top pharmaceutical manufacturers and health systems. |
Financial Resilience | Explore Doximity's robust financial performance, with a 90.2% gross profit margin and 19.98% revenue growth, showcasing its operational excellence in the digital health sector. |
Market Valuation | Analysts offer diverse price targets for Doximity, ranging from $55 to $80, reflecting varied perspectives on the company's growth potential and market position. |
AI-Driven Future | Delve into Doximity's strategic AI investments, including an ambient scribe tool, poised to revolutionize healthcare professional engagement and drive long-term revenue growth. |
Metrics to compare | DOCS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDOCSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 52.6x | −1.1x | −0.6x | |
PEG Ratio | 1.15 | 0.01 | 0.00 | |
Price/Book | 12.1x | 1.0x | 2.6x | |
Price / LTM Sales | 21.0x | 1.7x | 3.4x | |
Upside (Analyst Target) | 9.1% | 63.2% | 39.1% | |
Fair Value Upside | Unlock | 20.9% | 5.4% | Unlock |