Doximity (DOCS) Receives Upgrade to 'Buy' with PT Maintained at $80 | DOCS Stock News

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Jun 02, 2025

On June 2, 2025, BTIG analyst David Larsen upgraded Doximity (DOCS, Financial) to a 'Buy' rating. The analyst previously held a 'Neutral' stance on the stock.

Despite the change in rating, the price target for Doximity (DOCS, Financial) remains steady at $80.00, as maintained from the prior evaluation. The price target is set in USD.

The upgrade reflects a revised outlook from BTIG, as Doximity (DOCS, Financial) continues to draw investor attention following recent evaluations. The stock is listed on the NYSE exchange.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 17 analysts, the average target price for Doximity Inc (DOCS, Financial) is $61.47 with a high estimate of $88.00 and a low estimate of $50.00. The average target implies an upside of 18.33% from the current price of $51.95. More detailed estimate data can be found on the Doximity Inc (DOCS) Forecast page.

Based on the consensus recommendation from 20 brokerage firms, Doximity Inc's (DOCS, Financial) average brokerage recommendation is currently 2.4, 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 Doximity Inc (DOCS, Financial) in one year is $54.70, suggesting a upside of 5.29% from the current price of $51.95. 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 Doximity Inc (DOCS) Summary page.

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