Stock Valuation / DOCS

Is Doximity, Inc. (DOCS) Overvalued? Fair Value & 5-Year Target

Doximity, Inc. trades at $30.55 (P/E 36.37). Our reference model estimates a fair value of $35.30 at its recent average P/E of 42.02.

Current price$30.55
Current EPS$0.84
Current P/E36.37
Average P/E42.02
Fair value (at avg P/E)$35.30
Upside to fair value+15.5%
Illustrative 5-yr target (25× P/E, 15% growth)$42.24

What drives DOCS's valuation

Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.

About Doximity, Inc.

Doximity, Inc. operates a digital platform for medical professionals in the United States. Its Doximity platform includes a personalized newsfeed that presents clinical and professional content to members, which offers medical articles, clinical trials or research results in an easy-to-consume video format, professional updates and accomplishments of their peers and colleagues, clinical discussions, Op-Med articles for publication, and sponsored content from pharmaceutical manufacturers and health systems. The company also offers workflow tools, including Ask, a HIPAA-compliant AI assistant, to access and apply evidence-based medical information within clinical workflows; Scribe, a HIPAA-com

Frequently asked questions

What is DOCS's fair value?

At its recent average P/E of 42.02, Doximity, Inc. (DOCS) has a reference fair value of about $35.30, which is +15.5% versus the current price of $30.55.

Is Doximity, Inc. (DOCS) overvalued or undervalued?

Based on the average-P/E reference model, Doximity, Inc. looks undervalued relative to fair value by roughly +15.5%. This is a model output, not investment advice — change the P/E and growth assumptions in the dashboard for your own view.

What is a 5-year price target for DOCS?

Under an illustrative model of 25× P/E and 15% annual EPS growth, the implied 5-year target is $42.24. Adjust both inputs on the interactive page to match your assumptions.

Open the interactive DOCS valuation dashboard →

Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.