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DocGo Inc(DCGO)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$0.24
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for DCGO

11/06/2026: DCGO (1-star) is currently NOT-A-BUY. Pass it for now.

DocGo Inc is a specialized healthcare services company that integrates mobile clinical care and medical transportation using a proprietary logistics platform. The company has a notable position in the market by bridging the gap between digital telehealth and physical, on-site medical interventions. Its primary growth story is built on securing large-scale government and institutional contracts, which drive stable revenue opportunities. However, investors must monitor significant risks, including contract concentration, operational complexity in maintaining a dispersed fleet, and intense competition from established healthcare systems. The stock is best suited for growth-oriented investors who can tolerate high volatility and are comfortable with the company’s ongoing transition toward operational sustainability.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company operates in the high-growth mobile and telehealth sector, targeting institutional scaling.
Momentum investorMixed fitMomentum depends heavily on positive contract news or earnings surprises.
Value investorWeak fitProfitability metrics and valuation are currently centered on growth potential rather than current cash yield.
Dividend investorWeak fitThe company does not pay dividends and reinvests all capital into expansion.
Low-risk investorWeak fitHigh volatility and operational risks make this unsuitable for conservative portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to large price swings based on contract wins or regulatory news.
Valuation riskMedium / highValuation is sensitive to long-term growth assumptions in a competitive healthcare market.
Competition risk (Direct clinical/telehealth)Medium / highLarge hospital networks and established telehealth players could capture market share.
Business qualityMediumWhile the service is essential, the business model relies on labor-intensive operations.
Dividend incomeLow / noneThere is no income component to the investment.
Execution riskHighSuccessfully scaling operations across diverse municipal environments is difficult.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -42.68%
Avg. Invested days 29
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
DCGO receives a 3-star rating based on the available scored pillars. The rating is constrained by weak unit economics, soft company fundamentals, and weak price momentum.

Company Fundamentals

★★★★★
DCGO has soft overall fundamentals (2 stars), with moderate financial health, weak growth momentum, and moderate ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 8.4%) is partially offset by negative earnings growth (-1012.4%), negative revenue growth (-47.7%), weak profitability (net margin -56.6%).

Financial Health Rating

★★★★★
DCGO's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 39.1%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
DCGO's growth profile is soft, with the least-weak measure being revenue growth at -47.7% FY2025 versus FY2024. By comparison, while earnings growth (-1012.4%, negative) and free-cash-flow growth (-58.1%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 35.6% (moderate) and 97.1% of outstanding shares are publicly tradable (strong). Insider ownership of 3.06% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Vanguard Capital Management, LLC 3.77%
P.a.w. Capital Corp 3.54%
Knott David M Jr 2.70%
Peapod Lane Capital LLC 2.53%
Citadel Advisors Llc 2.38%

Unit Economics (Per $1K Revenue)

★★★★★
DCGO generates approximately $307 of gross profit, $-277 of operating income, and $84 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 2.72%

Quantitative Style Profile

★★★★★
DCGO has a liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 24.25M USD
Price to earnings Ratio -
1Y Target Price 1.88
Price to earnings Ratio -
1Y Target Price 1.88
Volume (30-day avg) 631.0K shares
Beta 1
52 Weeks Range 0.21 - 1.17
Updated Date 11/08/2026
52 Weeks Range 0.21 - 1.17
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.94

How Company Makes Money

Business areaWhat it includesRetail investor read
Mobile Health ServicesOn-demand, site-based medical care for patients and institutions.Revenue comes from providing actual clinical care, not just software.
Medical TransportationAmbulance and non-emergency transport services.This is a logistics-heavy revenue stream providing essential transport.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Valuation

Trailing PE -
Forward PE 60.24
Enterprise Value 25.17M
Price to Sales(TTM) 0.08
Enterprise Value 25.17M
Price to Sales(TTM) 0.08
Enterprise Value to Revenue 0.09
Enterprise Value to EBITDA 5.57
Shares Outstanding 98.99M
Shares Floating 96.12M
Shares Outstanding 98.99M
Shares Floating 96.12M
Percent Insiders 3.06
Percent Institutions 35.59

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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