Keybanc analyst Scott Schoenhaus has recently updated his outlook on Doximity (DOCS, Financial) by maintaining an "Overweight" rating, while also raising the price target. The revised price target has been set at $70.00 USD, up from the previous target of $65.00 USD.
This adjustment reflects a 7.69% increase in the price target, signaling confidence in Doximity's (DOCS, Financial) market potential and growth trajectory. The "Overweight" rating is a positive indicator, suggesting that the analyst believes the stock will outperform the broader market indicators.
The update was made on July 14, 2025, highlighting a continued positive sentiment by Keybanc towards Doximity (DOCS, Financial) as the company progresses in its industry on the NYSE.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Doximity Inc (DOCS, Financial) is $63.28 with a high estimate of $80.00 and a low estimate of $50.00. The average target implies an upside of 5.11% from the current price of $60.20. 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 2.3, 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 Doximity Inc (DOCS, Financial) in one year is $55.15, suggesting a downside of 8.39% from the current price of $60.2. 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.
