10 Best Telehealth Stocks to Buy Now

7. Doximity, Inc. (NYSE:DOCS)

Number of Hedge Fund Holders: 38

Doximity, Inc. (NYSE:DOCS) develops and operates an online platform for medical professionals. Its cloud-based software allows physicians and healthcare professionals to collaborate with their colleagues, conduct virtual patient visits, coordinate patient care, manage their careers, and stay on top of the latest medical news. It offers Hiring, Marketing, and Productivity Solutions to health systems, pharmaceutical manufacturers, medical recruiting firms, and other healthcare companies. Its Productivity Solutions segment comprises on-call scheduling, telehealth, and AI-assisted medical correspondence tools that help clinicians streamline their workflow.

Doximity, Inc. (NYSE:DOCS) anticipates the pharma healthcare professionals (HCP) digital market to grow approximately 5% to 7% and plans to grow ahead of the overall market. Its record engagement and strong competitive standing position it to attain this objective.

The company also reported impressive fiscal Q3 2025 results, resulting in soaring bullish sentiments for the company. Its net income for fiscal Q3 2024 grew 57% year-over-year to $75.2 million, while net profit for the first nine months rose by 50.2% year-over-year to $160.7 million. Revenue for fiscal Q3 2025 also grew by 24.6% year-over-year, reaching $168.6 million. Doximity, Inc. (NYSE:DOCS) expects this momentum to continue and anticipates revenue for the full fiscal year ending March 31, 2025, to settle between $564.6 million and $565.6 million. It ranks seventh on our list of the best telehealth stocks to buy right now.