Doximity: Significant Upside Remains, But Not Until The Growth Story Returns [Seeking Alpha]
Doximity, Inc. Class A (DOCS)
Company Research
Source: Seeking Alpha
The company's robust product pipeline and focus on AI-led innovation are positive factors for future growth, along with hiring of Lisa Greenbaum as Chief Commercial Officer. However, declining customers with $100K+ in subscription revenue and weakening Net Retention Rate, along with macroeconomic headwinds, are challenges for Doximity's growth story. While the company has the potential to revive its growth story, the management hasn't provided clear forward guidance, which is why, I will remain on the sidelines and rate it a “hold”. Introduction & Investment Thesis Doximity ( NYSE: DOCS ) is a cloud platform for US medical professionals that has severely underperformed the S&P 500 and Nasdaq 100 YTD. I initiated a “hold” rating on the stock on January 16, and it predicated Recommended For You Recommended For You About DOCS Stock Related Stocks Trending Analysis Trending News
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News
- IMPORTANT DEADLINE ALERT: The Schall Law Firm Encourages Investors in Doximity, Inc. with Losses to Contact the FirmAccesswire
- Doximity, Inc. Investors: June 17, 2024 Filing Deadline in Securities Class Action - Contact Lieff CabraserAccesswire
- FILING DEADLINE--Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Doximity, Inc. - DOCSGlobeNewswire
- ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Doximity, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DOCSPR Newswire
- Doximity, Inc. (DOCS) Investors: June 17, 2024 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLPPR Newswire
DOCS
Earnings
- 2/8/24 - Beat
DOCS
Sec Filings
- 4/2/24 - Form 4
- 4/1/24 - Form 144
- 3/4/24 - Form 4
- DOCS's page on the SEC website