DOCS
Doximity, Inc. Healthcare - Health Information Services Investor Relations →
Doximity, Inc. (DOCS) closed at $27.73 as of 2026-02-02, trading 30.8% below its 200-week moving average of $40.05. This places DOCS in the extreme value zone. The stock is currently moving closer to the line, down from -6.7% last week. With a 14-week RSI of 6, DOCS is in oversold territory.
Over the past 193 weeks of data, DOCS has crossed below its 200-week moving average 2 times. On average, these episodes lasted 60 weeks. The average one-year return after crossing below was -13.1%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $5.2 billion, DOCS is a mid-cap stock. The company generates a free cash flow yield of 4.0%. Return on equity stands at 24.6%, indicating strong profitability. The stock trades at 4.8x book value.
DOCS passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 3.8 years, a hypothetical investment of $100 in DOCS would have grown to $73, compared to $176 for the S&P 500. DOCS has returned -7.9% annualized vs 15.9% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 30.2% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: DOCS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After DOCS Crosses Below the Line?
Across 1 historical episodes, buying DOCS when it crossed below its 200-week moving average produced an average return of -13.0% after 12 months (median -13.0%), compared to +3.0% for the S&P 500 over the same periods. After 24 months, the average return was -27.0% vs +32.0% for the index.
Each line shows $100 invested at the moment DOCS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
DOCS has crossed below its 200-week MA 2 times with an average 1-year return of +-13.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 2022 | Sep 2024 | 119 | 54.0% | -13.1% | -27.0% |
| Jan 2026 | Ongoing | 2+ | 30.8% | Ongoing | -26.0% |
| Average | 60 | — | +-13.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02