On May 12, 2025, Canaccord Genuity issued a rating downgrade for DocGo (DCGO, Financial), shifting its stance from a previous 'Buy' to a 'Hold'. This decision comes from analyst Richard Close.
The analyst also revised DocGo's price target significantly, lowering it from a previous target of $5.00 to a new target of $1.45. This adjustment reflects a 71.00% decrease in the price target, as noted in the recent report. The currency for these estimates is in USD.
DocGo (DCGO, Financial) is listed on the NASDAQ exchange. Investors may pay close attention to these changes as they reflect the analyst's current outlook on the stock's performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for DocGo Inc (DCGO, Financial) is $3.38 with a high estimate of $6.00 and a low estimate of $1.45. The average target implies an upside of 141.67% from the current price of $1.40. More detailed estimate data can be found on the DocGo Inc (DCGO) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, DocGo Inc's (DCGO, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for DocGo Inc (DCGO, Financial) in one year is $4.92, suggesting a upside of 251.43% from the current price of $1.4. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the DocGo Inc (DCGO) Summary page.
