Share Price | Doximity, Inc. Stock Analysis & Recommendation

Q: Is Doximity, Inc. overvalued or undervalued?

As of 24 October 2025, Doximity, Inc. has moved from an attractive to a fair valuation grade. The company appears to be overvalued based on its current metrics, with a P/E ratio of 49, a Price to Book Value of 10.21, and an EV to EBITDA of 42.00. In comparison to peers, Doximity's P/E ratio is significantly lower than Commvault Systems, Inc. at 91.74, but higher than BlackLine, Inc. at 35.70, indicating a mixed valuation landscape among competitors.Despite the recent stock price decline, Doximity has outperformed the S&P 500 over the year with a return of 61.18% compared to the index's 16.90%. This strong performance over the last year contrasts with its current overvaluation, suggesting that while the stock has delivered impressive returns, its high valuation ratios may not be sustainable moving forward.

Q: Is Doximity, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for Doximity, Inc. has changed from bullish to mildly bullish. The weekly and monthly MACD indicators are bullish, while the Bollinger Bands show a mildly bullish stance in both time frames. Daily moving averages are also mildly bullish. However, the Dow Theory indicates a mildly bearish position on the weekly chart, with no trend on the monthly. In terms of performance, Doximity has outperformed the S&P 500 year-to-date with a return of 26.43% compared to the S&P 500's 11.41%, and over the past year, it has returned 55.85% versus the S&P 500's 13.36%. Overall, the current technical stance is mildly bullish, supported by strong MACD and Bollinger Band signals, despite some mixed indicators from Dow Theory.

Q: How big is Doximity, Inc.?

Market Cap: As of Jun 18, Doximity, Inc. has a market capitalization of 10,989.71 million, categorizing it as a Mid Cap company.Recent Quarterly Performance: For the latest four quarters, Doximity, Inc. reported net sales of 570.40 million and a net profit of 223.19 million.Balance Sheet Snapshot: As of Mar 25, the company's shareholder's funds amounted to 1,082.62 million, while total assets were reported at 1,271.70 million.

Q: What does Doximity, Inc. do?

Overview:Doximity, Inc. operates in the Software Products industry and is classified as a mid-cap company.Financial Snapshot:Most recent Net Sales: 138 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 62 Million (Quarterly Results - Mar 2025) Market-cap: USD 10,989.71 Million Category: Mid CapKey Metrics:P/E: 49.00 Dividend Yield: 0.00% Debt Equity: -0.84 Return on Equity: 20.82% Price to Book: 10.15 Contact Details:Registrar Address: Not available.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.17 M

Shareholding (Mar 2026)

FII

21.52%

Held by 225 FIIs

DII

78.08%

Held by 66 DIIs

Promoter

0.39%

Is Doximity, Inc. overvalued or undervalued?

28-Oct-2025

As of October 24, 2025, Doximity, Inc. is considered fairly valued despite a strong 61.18% return over the past year, with high valuation ratios (P/E of 49, Price to Book of 10.21, EV/EBITDA of 42.00) indicating potential overvaluation compared to peers.

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Is Doximity, Inc. technically bullish or bearish?

14-Oct-2025

As of October 10, 2025, Doximity, Inc. shows a mildly bullish trend with strong MACD and Bollinger Band signals, despite mixed indicators from Dow Theory, and has outperformed the S&P 500 year-to-date and over the past year.

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How big is Doximity, Inc.?

22-Jun-2025

As of Jun 18, Doximity, Inc. has a market capitalization of $10.99 billion, with recent net sales of $570.40 million and a net profit of $223.19 million over the last four quarters.

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What does Doximity, Inc. do?

22-Jun-2025

Doximity, Inc. is a mid-cap company in the Software Products industry, reporting net sales of $138 million and a net profit of $62 million as of March 2025, with a market cap of approximately $10.99 billion. Key metrics include a P/E ratio of 49.00 and a return on equity of 20.82%.

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

High Management Efficiency with a high ROE of 18.49%

Company has a low Debt to Equity ratio (avg) at times

Healthy long term growth as Net Sales has grown by an annual rate of 35.16% and Operating profit at 57.53%

The company has declared Positive results for the last 3 consecutive quarters

With ROE of 20.82%, it has a very attractive valuation with a 10.21 Price to Book Value

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Software Products

Market cap

USD 4,376 Million (Small Cap)

P/E

18.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.75

Return on Equity

25.00%

Price to Book

4.47

Revenue and Profits:

Net Sales:

145 Million

(Quarterly Results - Mar 2026)

Net Profit:

19 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-17.47%

6 Months

-52.95%

1 Year

-64.13%

2 Years

-25.76%

3 Years

-37.12%

4 Years

-39.57%

5 Years

0.0%

Doximity, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

29.29%

EBIT Growth (5y)

42.38%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.84

Sales to Capital Employed (avg)

0.55

Tax Ratio

15.32%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

261.78%

ROE (avg)

18.49%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

4.47

EV to EBIT

14.85

EV to EBITDA

14.10

EV to Capital Employed

14.79

EV to Sales

5.71

PEG Ratio

1.47

Dividend Yield

ROCE (Latest)

99.61%

ROE (Latest)

25.00%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

No Trend

Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 107 Schemes (48.9%)

Foreign Institutions

Held by 225 Foreign Institutions (21.52%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

145.40

185.10

-21.45%

Operating Profit (PBDIT) excl Other Income

29.10

77.90

-62.64%

Interest

0.00

Exceptional Items

-0.10

-2.00

95.00%

Consolidate Net Profit

19.10

61.60

-68.99%

Operating Profit Margin (Excl OI)

171.60%

399.10%

-22.75%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is -21.45% vs 9.85% in Dec 2025

Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is -68.99% vs -0.81% in Dec 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

644.90

570.40

13.06%

Operating Profit (PBDIT) excl Other Income

236.20

241.40

-2.15%

Interest

0.00

Exceptional Items

-6.90

-3.00

-130.00%

Consolidate Net Profit

196.10

223.20

-12.14%

Operating Profit Margin (Excl OI)

344.00%

404.60%

-6.06%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 13.06% vs 19.98% in Mar 2025

Consolidated Net Profit

YoY Growth in year ended Mar 2026 is -12.14% vs 51.22% in Mar 2025

All Annual Results

Company CV

About Doximity, Inc.

Doximity, Inc.

Software Products

No Details Available.

Company Coordinates

No Company Details Available