An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · Doximity, Inc.
VERDICT
The label
Accumulation
read at $21.52
Doximity, Inc. holds its Accumulation at $21.52.
PHPhase · the trend structure carries the Accumulation label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate
edge confirmed
edge broken
edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
STUDY
Titan case study · our full written analysis of DOCS
Consolidating, no directional conviction, held for 21 days
Price
$21.52
Valuation
21.96 trailing · 13.50 forward price to earnings
Values screen
PASS· score 93.6
Beta
1.29
OPPORTUNITY
The opportunity · what the numbers say it is worth
Our framework reads STRONG OPPORTUNITY — it trades at roughly a 36% discount to our $29.28 fair value, strong competitive moat, 5.10% revenue growth.
Read at
$21.52
21.96 P/E · 13.50 fwd
Our fair value
$29.28
36% discount
Analyst target (avg)
$23.50
+9% to current
Target low $18.00Analyst target rangeTarget high $42.00
▲ current $21.52 · | average target
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$21.52
you are here
Conservative
$26.29
+22%
Analyst avg
$23.50
+9%
Our fair value
$29.28
+36%
Analyst high
$42.00
+95%
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Revenue growth
5.10%
Profit margin
30.40%
Debt to equity
1.07
Analyst consensus
Buy · 18 covering
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
The values screen, explained · five checks, plain English
This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:
The common standard· AAOIFI Used by most halal investing apps✓ PASSES
Our stricter standard· asset-based The one Titan applies✓ PASSES
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is just 0.2% of its assets, well under the one-third ceiling — it does not run on borrowed money.Pass
Interest-bearing cashCash held in interest-bearing accounts and securities is 16.8% of assets, under the one-third limit.Pass
ReceivablesMoney owed to the company is 0.0% of assets, under the 49% limit.Pass
Revenue purityOnly 0.0% of revenue comes from non-compliant sources — under the 5% line.Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
PLAIN
The business, in plain words · what the numbers mean
Doctors Need Their Own Private Network Too
Every doctor in America needs a place to swap trial data and career notes without the noise of public apps. Doximity built that platform, a closed digital workspace where US physicians collaborate, read research and manage referrals in one secure spot.
This is a business with a strong moat, 30% profit margins and 19% return on equity. It trades at 13.5 times forward earnings with a 36% margin of safety to our fair value of $29.28, while the market prices it well below the growth in medical digital tools.
Risk sits around the 5% revenue growth and the street's lower $24 median target. Healthcare data rules can tighten quickly and any slowdown in doctor engagement would hit margins fast. Analysis, not advice.
Screened names in the same industry · explore each on its own page.
TRADE
Where & how to trade · wherever in the world you are
DOCS trades on the NYSE. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.
TRADER
The trader read · the latest dated commentary
The framework has shifted from distribution to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 4.5% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 65%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (20 analysts) rates it buy, with a mean price target of $25. Entered 2026-07-26 · Accumulation
The framework has shifted from distribution to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 4.5% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 65%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (20 analysts) rates it buy, with a mean price target of $25.
2026-07-18Distribution$20.59+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 65%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (20 analysts) rates it buy, with a mean price target of $25.
2026-07-03Distribution$20.59+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with near-perfect ethical score (94). The risk-adjusted return profile shows modest positive risk-adjusted returns.
2026-07-02Distribution$20.59Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with near-perfect ethical score (94). The risk-adjusted return profile shows modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
