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DOCS

Doximity, Inc.

At today's price, Doximity, Inc. (DOCS) is priced for +17.7% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+17.7% growth
Priced In
within-range

Key Takeaways

Doximity is the largest professional network for US physicians, with roughly 85% of doctors registered, and it monetizes that reach mainly through pharmaceutical marketing. Operating margin runs about 33% and the company is debt-free with about $749 million of cash. At about $20 the price inverts to roughly 15% operating-profit growth a year, which the relative-multiple and growth-DCF methods support while the asset and earnings-power frames call it expensive. The stock has fallen as margins c

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Institutional ownership

405 institutional managers reported holding DOCS in 13F filings for the quarter ended 2026-03-31. Together they hold about 60% of the company; the top 10 hold 29%. 68 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 18.8M shares were sold short as of the 2026-06-15 count, about 9% of shares outstanding (5.8 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

DOCS's share count grew 114% over the past five years even with $917.99M spent on repurchases. It pays no dividend. Cash returned over the past three years: $810.91M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at DOCS over the trailing three years. Absence is a fact about the company, not a signal. 8 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

DOCS's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-09-26.6%-12.0%
2023-11-10+13.1%+24.0%
2024-02-09+4.3%-9.5%
2024-05-24+17.5%+1.2%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

DOCS's latest 8-K filings: 2026-05-13 (items 2.02, 5.02, 9.01); 2026-04-17 (items 5.02, 7.01); 2026-02-05 (items 2.02, 5.02, 9.01); 2025-12-30 (items 8.01); 2025-11-06 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.