Doximity (NASDAQ:DOCS) Hits New 12-Month Low – Here’s What Happened

21 Jan 2026, 19:10 by Mitch Edgeman · The Markets Daily

Doximity, Inc. (NASDAQ:DOCS – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $39.75 and last traded at $39.9490, with a volume of 378434 shares. The stock had previously closed at $41.10.

Wall Street Analyst Weigh In

DOCS has been the subject of a number of recent research reports. Canaccord Genuity Group set a $48.00 target price on Doximity in a report on Thursday, January 8th. BMO Capital Markets started coverage on Doximity in a research note on Thursday, November 13th. They issued a “market perform” rating and a $55.00 price objective for the company. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $62.00 target price on shares of Doximity in a research report on Friday, October 10th. Truist Financial set a $62.00 price target on shares of Doximity in a research report on Thursday, January 8th. Finally, Wells Fargo & Company upgraded shares of Doximity from an “equal weight” rating to an “overweight” rating and cut their price target for the stock from $65.00 to $55.00 in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $65.74.

View Our Latest Analysis on DOCS

Doximity Price Performance

The company’s 50-day moving average price is $45.89 and its two-hundred day moving average price is $58.83. The company has a market capitalization of $7.44 billion, a price-to-earnings ratio of 39.76, a PEG ratio of 4.10 and a beta of 1.39.

Doximity (NASDAQ:DOCS – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. Doximity had a net margin of 36.60% and a return on equity of 21.75%. During the same quarter in the previous year, the company earned $0.30 EPS. The firm’s revenue was up 23.2% on a year-over-year basis. On average, equities research analysts expect that Doximity, Inc. will post 0.99 EPS for the current fiscal year.

Insider Activity

In related news, Director Kira Scherer Wampler sold 2,000 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $66.44, for a total transaction of $132,880.00. Following the transaction, the director directly owned 19,839 shares of the company’s stock, valued at $1,318,103.16. This represents a 9.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 31.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Doximity

A number of institutional investors and hedge funds have recently made changes to their positions in DOCS. Synergy Asset Management LLC grew its stake in Doximity by 100.0% in the 3rd quarter. Synergy Asset Management LLC now owns 604,502 shares of the company’s stock valued at $44,219,000 after purchasing an additional 302,251 shares during the period. Liontrust Investment Partners LLP grew its position in Doximity by 1,189.9% during the second quarter. Liontrust Investment Partners LLP now owns 272,065 shares of the company’s stock valued at $16,688,000 after buying an additional 250,973 shares during the period. SG Americas Securities LLC increased its holdings in Doximity by 335.9% during the third quarter. SG Americas Securities LLC now owns 52,993 shares of the company’s stock worth $3,876,000 after buying an additional 40,837 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Doximity in the second quarter valued at approximately $1,628,000. Finally, Voya Investment Management LLC grew its holdings in Doximity by 932.8% during the third quarter. Voya Investment Management LLC now owns 1,567,668 shares of the company’s stock valued at $114,267,000 after purchasing an additional 1,415,882 shares during the period. Institutional investors own 87.19% of the company’s stock.

About Doximity

(Get Free Report)

Doximity, Inc, headquartered in San Francisco, California, operates the leading professional medical network for healthcare professionals in the United States. Founded in 2011 by Jeff Tangney and Shari Buck, the company set out to create a secure digital environment where physicians, nurse practitioners and physician assistants can collaborate, share information and stay current with clinical news. Doximity went public in June 2021 and trades on the NASDAQ under the ticker symbol “DOCS.”