Northland Capmk Forecasts DocGo’s Q3 Earnings (NASDAQ:DCGO)

DocGo Inc. (NASDAQ:DCGO) – Equities researchers at Northland Capmk upped their Q3 2025 EPS estimates for DocGo in a research report issued on Friday, February 28th. Northland Capmk analyst M. Latimore now anticipates that the company will post earnings per share of $0.04 for the quarter, up from their previous forecast of $0.03. The consensus estimate for DocGo’s current full-year earnings is $0.25 per share. Northland Capmk also issued estimates for DocGo’s FY2025 earnings at $0.13 EPS.

A number of other research analysts have also recently commented on the stock. Stifel Nicolaus cut their price target on shares of DocGo from $6.50 to $5.50 and set a “buy” rating on the stock in a report on Friday, February 28th. Needham & Company LLC cut their price target on DocGo from $7.00 to $4.00 and set a “buy” rating on the stock in a report on Friday, February 28th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of DocGo from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $5.00 to $2.85 in a research note on Friday, February 28th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $4.89.

DocGo Stock Performance

Shares of NASDAQ DCGO opened at $2.96 on Monday. DocGo has a fifty-two week low of $2.75 and a fifty-two week high of $5.68. The company has a market cap of $302.07 million, a price-to-earnings ratio of 10.57, a PEG ratio of 14.16 and a beta of 1.00. The business’s 50 day moving average price is $4.56 and its 200-day moving average price is $4.02.

Insider Buying and Selling

In related news, General Counsel Ely D. Tendler sold 23,088 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $4.44, for a total value of $102,510.72. Following the transaction, the general counsel now owns 175,645 shares in the company, valued at approximately $779,863.80. This represents a 11.62 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. WCM Investment Management LLC increased its holdings in shares of DocGo by 64.2% during the 4th quarter. WCM Investment Management LLC now owns 4,314,071 shares of the company’s stock valued at $18,637,000 after purchasing an additional 1,687,100 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of DocGo by 144.6% in the third quarter. Harbor Capital Advisors Inc. now owns 968,537 shares of the company’s stock worth $3,216,000 after acquiring an additional 572,522 shares during the last quarter. American Century Companies Inc. boosted its stake in DocGo by 490.3% during the 4th quarter. American Century Companies Inc. now owns 452,254 shares of the company’s stock worth $1,918,000 after purchasing an additional 375,637 shares during the last quarter. Northern Trust Corp raised its holdings in DocGo by 24.9% in the 4th quarter. Northern Trust Corp now owns 1,606,139 shares of the company’s stock valued at $6,810,000 after acquiring an additional 320,133 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of DocGo by 583.4% in the fourth quarter. Renaissance Technologies LLC now owns 350,600 shares of the company’s stock valued at $1,487,000 after purchasing an additional 299,300 shares during the last quarter. 56.44% of the stock is currently owned by institutional investors and hedge funds.

DocGo Company Profile

DocGo Inc provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services.