Doximity, Inc. Hits New 52-Week Low at $23.57 Amid Market Decline

Doximity, Inc., a small-cap player in the Software Products industry, has recently reached a new 52-week low of USD 23.57 on February 25, 2026. This marks a significant decline, as the stock has experienced a one-year performance drop of 17.46%, contrasting sharply with the S&P 500's gain of 12.95% during the same period. Despite the recent downturn, Doximity maintains a market capitalization of USD 4,719 million and exhibits a price-to-earnings (P/E) ratio of 54.00. The company has demonstrated strong management efficiency, reflected in a return on equity (ROE) of 25.00%. Additionally, Doximity has shown healthy long-term growth, with net sales increasing at an annual rate of 35.16% and operating profit rising by 57.53%. While the stock has faced challenges, it has also reported positive results for the last three consecutive quarters, with operating cash flow reaching a high of USD 294.13 million. The company’s debt-to-equity ratio stands at -0.75, indicating a low level of debt. Overall, Doximity's current valuation appears attractive compared to its peers, despite the recent price decline.