Added to YB: 2024-03-22
Pitch date: 2024-03-19
DOCS [neutral]
Doximity, Inc.
-23.03%
current return
Author Info
Moonlight Paddock shares stock pitches in their newsletter. Sign up for the newsletter.
Company Info
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.
Market Cap
$3.7B
Pitch Price
$28.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.86
P/E
20.67
EV/Sales
4.60
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.
Read full article (2 min)