Why Doximity Shares Are Trading Higher Today
Why Doximity Shares Are Trading Higher Today
Doximity, Inc. (NYSE:DOCS) is experiencing a significant surge in its stock price today. Here's what's driving the movement.
紐交所上市公司 Doximity, Inc. (NYSE: DOCS) 今天股價大幅上漲。以下是導致這種情況的原因。
What To Know: Shares of Doximity have spiked by over 35% after the company reported better-than-expected financial results for the first quarter of Fiscal- Year 2024. The company posted a revenue increase of 17% year-over-year to $126.68 million, surpassing the consensus estimate of $119.92 million. Additionally, Doximity's adjusted earnings per share came in at 28 cents, beating analyst expectations of 22 cents.
了解以下信息：Doximity股票價格上漲了超過35%，這是因爲該公司報告了2024財年第一季度表現優於預期的財務結果。公司營業收入同比增長了17%，達到1.2668億美元，超過預期的1.1992億美元的一致估計。此外，Doximity每股調整後收益爲28美分，超過了分析師22美分的預期。
Adding to the positive momentum, Doximity issued strong revenue guidance for the second quarter and full fiscal year 2024, which exceeded market expectations.
除此之外，Doximity還發布了2024財年第二季度和全年強勁的營收預測，超出了市場預期，進一步推動了股價的上漲。
What Else: The stock's upward movement has been supported by several analyst upgrades and price target increases. Notably, Needham analyst Scott Berg upgraded Doximity from Hold to Buy with a price target of $38. Barclays analyst Stephanie Davis raised her price target from $31 to $35 while maintaining an Equal-Weight rating. Other analysts, including those from BofA Securities, Evercore ISI Group and Morgan Stanley, have also raised their price targets.
此外，該股的上漲也得到了多位分析師的升級和目標股價的提高的支持。值得注意的是，Needham的分析師Scott Berg將Doximity的評級從「持有」升級爲「買入」，目標股價爲38美元。巴克萊銀行的分析師Stephanie Davis將目標股價從31美元提高到35美元，同時保持「等權重」評級。其他分析師，包括BofA Securities、evercore ISI Group和摩根士丹利，也提高了他們的目標股價。
DOCS Price Action: As of the latest update, Doximity shares were up by 37%, trading at $35.18 according to Benzinga Pro.
截至最新消息，Doximity股價上漲了37%，根據Benzinga Pro的數據，目前報價爲35.18美元。
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Photo: courtesy of Doximity.
圖片：Doximity提供
譯文內容由第三人軟體翻譯。