What is DOCS's 12-month price target and RQD AI Jury consensus?

DOCS's 12-month base price target is $36.72 (range $26.95 to $70.45), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Stock Ratings / Technology / DOCS

PEGA (71) APLD (37) WAY (63) SAIC (75) ⌘ Pro Terminal →

Doximity Inc. (DOCS) — RQD Stock Rating Cockpit

Q: Should I buy, hold, or sell DOCS stock right now?

Doximity Inc. (DOCS) currently earns a Roarable Rating of A- (Buy — BUY) with 84/100 RQD Confidence. High-quality cash engine (89.1% gross margin, 17% return on capital) with steady institutional support.

$32.87 +0.34% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $32.97

Doximity Inc. (DOCS) earns a Roarable Rating of A- (Buy) with 84/100 RQD Confidence. High-quality cash engine (89.1% gross margin, 17% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

ROARABLE A- • STRONG BUY Cap $5.84B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on DOCS Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is DOCS stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Doximity Inc. (NYSE: DOCS) is rated A- (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 84/100 at a spot price of $32.87 (+0.34% 1D, market cap $5.84B). Pillar breakdown: Fundamental Cash Engine 18/20, Institutional 13F & Options Flow 15/20, SEC Balance-Sheet Forensics 18/20, FRED Macro Regime Fit 18/20, and Executive Insider Alignment 15/20. Across 715 tracked Technology issuers, DOCS ranks #5 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does DOCS compare to PEGA and APLD in the Technology sector?

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Within the Technology sector (EDP Services), DOCS carries a Roarable A- (84/100 RQD), trailing P/E of 30.6x, gross margin of 89.1%, and ROIC of 17.2%. By comparison, PEGA (Pegasystems Inc.) holds a B- grade (71/100 RQD, P/E 14.2x, ROIC 22.4%, cap $5.55B) and APLD (Applied Digital Corporation) posts a D- grade (37/100 RQD, P/E N/A, ROIC -21.7%, cap $5.39B). Among the 5-stock peer group, PEGA leads on earnings multiple (14.2x) while PEGA leads on capital efficiency (22.4% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for DOCS?

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Per DOCS's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-03-31, CIK 0001516513), Doximity Inc. generated $644.9M in revenue (+13.1% YoY), $196.1M in net income, and $326.5M in free cash flow against $1.16B in total assets and $80.0M in total debt. Key quantitative strengths: Strong cash generator (89.1% gross margin)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $32.97 (+0.30%)🧬 Cannibal Buyback (-2.08% YoY Shares)⚙️ Cash Engine: 18/20 (A) • 50.6% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 84/100 (A-) historically ranked in the Top 6% of excess returns over the next 90 days (+8.9% avg 90D alpha vs SPY • 72.6% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSTRONG BUY • A-

3-of-3 JEV AI Jury Bullish

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B+ · Rk A

Each axis scored 0–20

12M PRICE TARGET CONE+11.7% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for DOCS)Realized 20D OHLCV Swing Band: ±8.2%

Deterministic 5-Pillar Attribution (84/100 Composite)

🔍 WHY DOCS SCORES 84/100 (A-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Cash Engine Quality+18/20 pts (21% of score)

SEC XBRL FY 2025 (10-K): 50.6% FCF Margin ($326.5M FCF) & 89.1% Gross Margin

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+18/20 pts (21% of score)

Altman Z-Score 22.31 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 8/9

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution15/20 pts (-5 pt drag)

Cannibal Buyback (-2.08% YoY Shares) & executive Form 4 sales trim 5 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade B+$29.92+12.2% Next Q

Q2 (-2Q)

Grade A-$33.58+2% Next Q

Q3 (-1Q)

Grade A-$34.25-4% Next Q

Current

Grade A-$32.87+8.9% Hist 90D α

Trajectory: B+ (76) → A- (84)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the DOCS Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 84/100 (A-) score, DOCS faces multiple-compression risk if 30.6x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.08% YoY Shares) — any gross margin slip below 86.6% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($28.79) or 200D SMA ($25.43) invalidates the momentum regime and cuts Target Base ($36.72) toward Bear Floor ($26.95).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $DOCS• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “DOCS Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 84%NO 16%Trade / Inspect Odds →

RSI-14 MOMENTUMBULLISH MOMENTUM

58.830 Oversold · 70 Hot

ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)

22.31>3.0 Fortress Safe

PIOTROSKI F-SCOREHIGH QUALITY (7–9)

8 / 99-Pt Accounting

52-WEEK LASER RANGE31% OF RANGE

L: $17$32.87H: $67

1. Money & Cash Health● HEALTHY

Are profits real cash in the bank?

Real cash coming in backs up reported profits (89.1% gross margin and healthy balance-sheet cushion).

Factor Grade: ARQD 18 / 20

2. Big Money & Insiders● BUYING

Are whales & executives buying or selling?

Hedge funds and options traders are leaning bullish, showing strong institutional appetite.

Factor Grade: BRQD 30 / 40

3. Hidden Risks & Market Weather● ALL CLEAR

SEC fine-print scan & interest-rate fit

Clean SEC fine-print check with low hidden accounting risk and favorable interest-rate weather.

Factor Grade: ARQD 36 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

3-of-3 JEV AI Jury Bullish on DOCS

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

BULLISH (90)

17.2% ROIC with 89.1% gross margin and 5.45% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

BULLISH (90)

Altman-Z 22.31 and Piotroski 8/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

BULLISH (80)

30/40 institutional & smart-money positioning score with 18/20 macro alignment.

Bull Case: Why Buyers Like DOCS

✓Strong cash generator (89.1% gross margin)—profits are backed by real money, not accounting tricks.
✓Big institutional funds and options desks are actively positioning on the bullish side.
✓Company leadership has skin in the game with net positive insider conviction.

Bear Case: What Could Go Wrong

!Broader market pullbacks can still drag down strong stocks in the short run.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Quantitative Research Desk

Scheduled RQD Strong Buys & Whale Accumulation Briefing (DOCS Tape Review)

✓Breakdown of the highest-scoring RQD Green-Light breakouts across our 5,200+ rated universe
✓Forensic Red-Light accounting & dilution traps to review on your watchlist
✓Includes downloadable .ics calendar invite & nightly RQD rating-change email alerts

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

DOCS // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +32.06%⚡ TESTING RESISTANCE

2026-11-03O $33.63H $33.63L $32.76C $32.87VOL 2.20M

RES: $34.44SUP: $29.42SMA50: $28.79SMA200: $25.43

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

DOCS Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 DOCS Butterfly Map → + Track DOCS →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

23.6%/yr Implied 5Y Growth

vs. +13.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on DOCS today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for DOCS. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for DOCS today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (DOCS)

Technology Rank #5 of 715 ⚔️ PEGA vs DOCS Full Matrix →

1. Head-to-Head Technology Peer Comparison (DOCS vs. PEGA, APLD, WAY, SAIC)

Industry: EDP Services (163 Tracked Issuers)

Across 715 tracked Technology securities in the Roarable RQD universe, Doximity Inc. (DOCS) ranks #5 by composite RQD confidence (84/100, grade A-) and #195 by equity capitalization ($5.84B). Within this direct 5-issuer industry benchmark cohort, PEGA leads on earnings valuation at 14.2x trailing P/E, while PEGA leads on capital efficiency and profitability with 22.4% ROIC and 75.9% gross margin. DOCS currently leads its immediate peer cohort in composite quantitative strength at 84/100 (A-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
DOCS ACTIVE Doximity Inc.	A-	84/100	30.6x	89.1%	17.2%	+0.34%	$5.84B	Benchmark Subject
PEGA Pegasystems Inc.	B-	71/100	14.2x	75.9%	22.4%	+1.92%	$5.55B	/pega-vs-docs →
APLD Applied Digital Corporation	D-	37/100	—	35.1%	-21.7%	-8.95%	$5.39B	/apld-vs-docs →
WAY Waystar Holding Corp.	C	63/100	48.3x	—	3.7%	+0.50%	$5.37B	/way-vs-docs →
SAIC Science Applications International Corporation	B	75/100	17.7x	12.0%	10.9%	+0.69%	$6.36B	/saic-vs-docs →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2026-03-31 • CIK 0001516513 ↗

In its most recent audited fiscal period (FY2025, filed 2026-03-31), Doximity Inc. (DOCS) reported GAAP revenue of $644.9M (+13.1% vs. FY2024 revenue of $570.4M , and +35.6% cumulative change since FY2023) , GAAP net income of $196.1M, operating cash flow of $326.5M, and free cash flow of $326.5M (+19.5% YoY). On the balance sheet, DOCS closed FY2025 with $1.16B in total assets against $80.0M in total debt (Altman Z-Score: 22.31, Piotroski F-Score: 8/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2026-03-31	$644.9M	$196.1M	$326.5M	$326.5M	$1.16B	$80.0M
FY2024 (FY)	2025-03-31	$570.4M	$223.2M	$273.3M	$273.3M	$1.17B	$63.5M
FY2023 (FY)	2024-03-31	$475.4M	$147.6M	$184.1M	$162.7M	$3.30B	$771.5M

3. DOCS Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is DOCS stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does DOCS compare to PEGA and APLD in the Technology sector?

What are the biggest fundamental strengths and SEC risk factors for DOCS?

Where is DOCS trading relative to its 50-day, 200-day, and 52-week technical levels?

DOCS last traded at $32.87 (+0.34% on volume of 1,773,660 shares), positioning the stock +14.17% above its 50-day simple moving average ($28.79) and +29.26% above its 200-day simple moving average ($25.43). Across its 52-week range of $17.15 to $67.10, DOCS sits at the 31.5% percentile with a 14-day RSI of 58.8 (BULLISH MOMENTUM) and an implied next-earnings move of ±8.2% ($30.17 to $35.57).

Direct Sub-Reports: DOCS RQD Cockpit DOCS 12M Forecast DOCS Earnings & Move DOCS Dividends & DRIP DOCS Insiders & 13F DOCS Whale Options DOCS Profit Sankey DOCS News & Why

ROARABLE RATING BRIEF • RQD 84/100 (A-) ✓ SEC XBRL & RQD VERIFIED

DOCS — Doximity Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2026-03-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Doximity Inc. (DOCS) earns a live Roarable RQD composite score of 84/100, corresponding to a A- letter grade (Roarable Buy) at a spot price of $32.87 (+0.34% 1D, market capitalization $5.84B).

Fundamental Cash Engine (18/20): Anchored by return on invested capital (ROIC) of 17.2%, gross margin of 89.1%, operating margin of 33.3%, and free cash flow yield of 5.45%.
Whale 13F & Options Flow (15/20) + Insider Conviction (15/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (18/20) + Forensic Balance Sheet (18/20): Incorporates a 1.25x equity beta, Altman Z-Score of 22.31, Piotroski F-Score of 8/9, and Debt/Equity of 0.08x.

2. Business Model, Unit Margins & SEC Financial Trajectory

. Is a NYSE-listed issuer in the Technology sector, within the EDP Services industry. Per the market data, the company reports a gross margin of 89.1% and an operating margin of 33.3%. — for further business description.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2026-03-31), Doximity Inc. (DOCS) reported $644.9M in annual revenue (up from $570.4M in FY2024, +13.1% YoY) and $196.1M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($475.4M revenue, $147.6M net income) through FY2025, DOCS scaled operating cash flow to $326.5M and free cash flow to $326.5M, backed by $1.16B in total assets against $80.0M in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (A- • RQD 84/100): Strong cash generator (89.1% gross margin)—profits are backed by real money, not accounting tricks. Big institutional funds and options desks are actively positioning on the bullish side. With Fundamental Cash Engine at 18/20 and Institutional Whale Flow at 15/20, sustained execution supports upside toward the upper end of the $17.15 – $67.10 52-week range.
🐻 Primary Bear Case & Valuation Risk: Broader market pullbacks can still drag down strong stocks in the short run. Investors must weigh 30.6x trailing P/E and 27.9x EV/EBITDA against 33.3% operating margins and a 1.25x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in EDP Services (Technology), DOCS carries a macro regime beta of 1.25 and gross margin of 89.1%.

Key Question #1: Can DOCS sustain or expand its 33.3% operating margin and 17.2% ROIC against EDP Services peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $644.9M and free cash flow of $326.5M, how will capital allocation balance growth reinvestment against $80.0M in total debt?
Key Question #3: How sensitive is DOCS's 25.7x forward P/E multiple to Technology capital spending cycles and macro interest-rate shifts (Beta 1.25x)?

DOCS Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Doximity Inc. (DOCS) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to DOCS Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo! Finance Canada • 22h ago

Doximity, Inc. (DOCS) Stock Price, News, Quote & History

Yahoo! Finance Canada report covering Doximity Inc. (DOCS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Why Is Doximity (DOCS) Stock Rocketing Higher Today

Yahoo Finance report covering Doximity Inc. (DOCS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Morningstar • 1d ago

DOCS Stockholders Have Rights - If you Lost Money Investing in Doximity, Inc. Contact Robbins LLP for Information About Recovering Your Losses

Morningstar report covering Doximity Inc. (DOCS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE GuruFocus • 1d ago

Doximity Inc (DOCS) Stock Up 3.8% and Still Undervalued -- GF Sc

GuruFocus report covering Doximity Inc. (DOCS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Reasons to Retain Doximity Stock in Your Portfolio for Now

Yahoo Finance report covering Doximity Inc. (DOCS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST TradingView • 1d ago

Doximity, Inc. Stock 12‑Month Price Target Raised to $31.05, Implies 1% Downside

TradingView report covering Doximity Inc. (DOCS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Doximity (DOCS) Stock Gets Fair Value Bump As Analysts Split On AI And Margins

Yahoo Finance report covering Doximity Inc. (DOCS) market action, institutional positioning, and fundamental catalysts.

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🟡 MARKET WIRE TradingView • 1d ago

Reflecting On Vertical Software Stocks’ Q2 Earnings: Doximity (NYSE:DOCS)

TradingView report covering Doximity Inc. (DOCS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

DOCS Bull vs. Bear Conversation Board — What's Your Call at $32.87?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON DOCS 🐻 33% BEARISH CONVICTION

TA TapeReader_Pro RQD DEBATE OPENER • Price Action & Volume Trader 🐂 BULLISH 🎯 Target: $41.93 (+28.0%)

📌 Pinned Debate

Per the RQD rating, cash generation (ROIC 17.2%, FCF yield 5.45%) and a Debt/Equity of 0.08 support an 84 score despite elevated multip

Picked up a starter position in DOCS in my $100K Virtual Cash book at $32.76. Per the RQD rating, cash generation (ROIC 17.2%, FCF yield 5.45%) and a Debt/Equity of 0.08 support an 84 score despite elevated multiples.. Trading inside a $17.15–$67.10 52-week range with 5.45% FCF yield gives solid downside support if EDP Services multiples expand this quarter.

EarningsSniper 🐂 BULL

@CreditSpread_Watch Shorting a 15/20 institutional whale-flow stock at $32.76 is dangerous when funds are rotating into Technology.

CR CreditSpread_Watch RQD DEBATE OPENER • Balance Sheet Analyst 🐻 BEARISH 🎯 Target: $24.90 (-24.0%)

Spot @ $32.76

Per the market data, P/E (TTM) of 30.6 and EV/EBITDA of 27.9 sit at premium levels, alongside a 1.25 beta and a 52-week range of $17.15

Here is the bear case nobody on the bull side wants to address on DOCS: Per the market data, P/E (TTM) of 30.6 and EV/EBITDA of 27.9 sit at premium levels, alongside a 1.25 beta and a 52-week range of $17.15 to $67.10.. At 30.6x trailing P/E, even a small guidance miss in EDP Services triggers a 12-15% air pocket.