Yahoo Finance·2025-11-01 11:12Company Overview - Doximity is the largest online network for medical clinicians in the US, with 80% of US physicians and 50% of nurse practitioners and physician assistants as verified members [2] - The platform facilitates communication among healthcare professionals and allows for secure patient interactions via video calls, enhancing collaboration and information dissemination [3] Recent Developments - Doximity acquired Pathway Medical for $36 million, a Canadian company specializing in medical AI and clinical reference systems, which will enhance Doximity's offerings [8] - In fiscal 1Q26, Doximity reported revenue of $145.9 million, a 15% year-over-year increase, exceeding estimates by $6.36 million [9] Financial Performance - The company achieved a non-GAAP EPS of 36 cents, up from 28 cents year-over-year, and reported a 52% increase in free cash flow to $60.1 million [9] - Analysts expect Doximity's revenue growth to potentially accelerate in CY26, with a three-year revenue/EBITDA CAGR forecasted at 11%/12% [10] Analyst Ratings - Bank of America analyst Allen Lutz maintains a Buy rating on Doximity, with a price target of $82, suggesting a potential gain of approximately 24.5% [11] - The overall consensus rating for Doximity shares is Moderate Buy, based on 17 reviews, including 10 Buy, 5 Hold, and 2 Sell [11]