Doximity Shares Fall After Lower-Than-Expected Revenue Guidance, Truist's Price Target Cut

MT Newswires Live

2025/05/16

Doximity (DOCS) shares were down 14% in recent Friday trading, a day after the company issued lower-than-expected fiscal Q1 and 2026 revenue guidance.

Truist Securities also lowered Doximity's price target to $52 from $58 and maintained its hold rating on the stock.

Trading volume stood at about 7.3 million shares against a daily average of roughly 2.4 million shares.

Price: 50.41, Change: -8.04, Percent Change: -13.76

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