On July 17, 2025, Truist Securities, under the analysis of Jailendra Singh, maintained its "Hold" rating for Doximity (DOCS, Financial). The firm's decision reflects stability in their outlook for the company.
Significantly, Truist Securities increased the price target for Doximity (DOCS, Financial) to USD 61.00 from the previous target of USD 52.00. This adjustment represents a substantial 17.31% increase in the expected value.
The update highlights analyst confidence in Doximity's (DOCS, Financial) market position while maintaining a cautious stance with a "Hold" rating, advising investors to keep their positions steady.
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 $63.78 with a high estimate of $80.00 and a low estimate of $50.00. The average target implies an upside of 1.64% from the current price of $62.75. 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 12.11% from the current price of $62.7509. 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.