Added to YB: 2024-03-22
Pitch date: 2024-03-19
DOCS [neutral]
Doximity, Inc.
+54.4%
current return
Author Info
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Company Info
Doximity, Inc. operates as a digital platform for medical professionals in the United States. Its platform provides its members with digital tools built for medicine, that enables its members to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and on-call schedules, streamline documentation and administrative paperwork, and conduct virtual patient visits.
Market Cap
$12.4B
Pitch Price
$28.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
47.18
P/E
56.79
EV/Sales
19.69
Sector
Health Care Technology
Category
growth
DOCS: just what the doctor ordered?
DOCS: Doximity's lumpy rev due to phone/email ad deals. New self-serve portal could unlock long-tail budgets, boost efficiency. Limited availability, slow roll-out to get it right. Key hire Lisa Greenbaum from Verily, Progyny, WebMD signals ambition despite rumored low-end competition. FY24 consensus 9%+ growth, ~90bps EBITDA margin hit. Topline reasonable, margin has buffer. Valuation full, need more self-serve data for EPS expansion case.
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