Doximity, Inc. (DOCS)
Doximity, Inc. (DOCS) is a professional networking platform tailored for healthcare professionals, enabling doctors, nurses, and healthcare providers to connect, share information, and collaborate securely. The company offers tools for telehealth, documentation, and professional development, aiming to improve communication and efficiency within the medical community. Founded in 2010, Doximity has become a leading digital platform for healthcare professionals in the United States.
Company News
Doximity reported Q1 FY2026 results with revenue of $145.9 million, missing analyst expectations but beating earnings per share estimates. The company raised full-year guidance and showed strong performance in AI tool adoption and workflow solutions.
Johnson Fistel is investigating potential legal claims against Doximity, alleging securities fraud involving misrepresentation of user metrics and growth prospects. A court recently denied defendants' motion to dismiss the class action lawsuit.
Several large-cap stocks, including Palantir, Doximity, Super Micro Computer, and Spotify, were among the top performers last week, with gains ranging from 13% to 34%. The strong financial results and analyst upgrades contributed to the stock price increases.
Doximity (DOCS) closed the most recent trading day at $27.97, moving +0.5% from the previous trading session.
Dr. Martens reported a 57% drop in its first-half profits following plunging sales to U.S. wholesalers