Barclays analyst Stephanie Davis maintains $Doximity (DOCS.US)$ with a buy rating, and maintains the target price at $75.
According to TipRanks data, the analyst has a success rate of 45.2% and a total average return of -4.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Doximity (DOCS.US)$'s main analysts recently are as follows:
The company sustained its pattern of surpassing expectations and raising future projections in the recent fiscal Q2 report. This was underscored by encouraging signals regarding demand in the end market, increased user engagement, and initial positive developments with the self-service portal.
The 'very healthy' fiscal Q2 report and forward-looking projections indicate that the company's momentum is poised to grow in the coming years. With consensus estimates for future years having been largely recalibrated, and a year-end outlook that hints at a more favorable upsell budget situation than initially anticipated, the company's share setup for the upcoming year seems more attainable. This outlook is supported by the Client Portal, which is expected to continue contributing to incremental revenues and enhance visibility.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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