Doximity, Inc. Stock Plummets to New 52-Week Low of $23.58

Doximity, Inc., a small-cap player in the Software Products industry, has reached a new 52-week low of USD 23.58 on February 23, 2026. This marks a significant decline, as the stock has experienced a 19.62% drop over the past year, contrasting sharply with the S&P 500's performance 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 reported healthy long-term growth, with net sales increasing at an annual rate of 35.16% and operating profit rising by 57.53%. The stock's performance metrics indicate a low debt-to-equity ratio of -0.75, suggesting a solid financial position. However, the recent price movement highlights the challenges the company faces in the current market environment. As Doximity navigates these dynamics, its financial fundamentals remain a focal point for stakeholders.