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DocGo Inc. (DCGO) Stock Fundamental Analysis & AI Rating 2026

DCGO Nasdaq Services-Health Services DE CIK: 0001822359
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
88% Confidence
AGREEMENT
STRONG SELL
92% Conf
SELL
85% Conf

📊 DCGO Key Takeaways

Revenue: $322.2M
Net Margin: -56.6%
Free Cash Flow: $29.9M
Current Ratio: 2.26x
Debt/Equity: 0.00x
EPS: $-1.84
AI Rating: STRONG SELL with 92% confidence
DocGo Inc. (DCGO) receives a SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $322.2M, net profit margin of -56.6%, and return on equity (ROE) of -126.7%, DocGo Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete DCGO stock analysis for 2026.

Is DocGo Inc. (DCGO) a Good Investment?

Claude

DocGo is in severe financial distress with collapsing revenue (-47.7% YoY), massive operating losses (-178M), and a negative net margin of -56.6%. Despite positive operating cash flow of 34.5M, the company's fundamental profitability metrics and deteriorating revenue base suggest structural business challenges that cannot be overlooked. The significant operating losses and negative returns on equity/assets indicate the company is destroying shareholder value at an alarming rate.

ChatGPT

DocGo's fundamentals show a sharp deterioration in operating performance, with revenue down 47.7% year over year and deeply negative operating and net margins. While the balance sheet remains relatively clean with solid liquidity, the scale of losses and highly negative returns on equity and assets outweigh the benefit of positive free cash flow. The key question is whether cash generation is sustainable or being flattered by working-capital timing rather than durable earnings power.

Why Buy DocGo Inc. Stock? DCGO Key Strengths

Claude
  • + Positive operating cash flow of 34.5M provides near-term liquidity
  • + Adequate cash position of 51M with minimal debt (235.6K)
  • + Strong current ratio of 2.26x indicates short-term solvency
ChatGPT
  • + Strong liquidity with a 2.26x current and quick ratio
  • + Minimal leverage with essentially no long-term debt
  • + Positive operating cash flow and free cash flow despite reported net losses

DCGO Stock Risks: DocGo Inc. Investment Risks

Claude
  • ! Severe revenue contraction of -47.7% YoY signals loss of market share or demand collapse
  • ! Operating losses of -178M with negative operating margin of -55.3% indicate unsustainable core operations
  • ! Negative ROE of -126.7% and ROA of -84.0% demonstrate systematic capital destruction
  • ! Negative interest coverage of -1615.5x shows inability to service debt from operations
  • ! Zero Form 4 insider filings suggest lack of insider confidence
ChatGPT
  • ! Severe revenue contraction of 47.7% year over year suggests major business pressure
  • ! Extremely weak profitability with -55.3% operating margin and -56.6% net margin
  • ! Very negative ROE and ROA indicate poor capital efficiency and potential erosion of shareholder value

Key Metrics to Watch

Claude
  • * Quarterly revenue trends and stabilization signals
  • * Path to operating profitability and timeline to positive operating margin
  • * Operating cash flow sustainability and burn rate relative to cash reserves
  • * Gross margin and pricing power recovery
ChatGPT
  • * Revenue stabilization and year-over-year growth trend
  • * Operating margin improvement and conversion of operating cash flow into sustainable earnings

DocGo Inc. (DCGO) Financial Metrics & Key Ratios

Revenue
$322.2M
Net Income
$-182.4M
EPS (Diluted)
$-1.84
Free Cash Flow
$29.9M
Total Assets
$217.1M
Cash Position
$51.0M

💡 AI Analyst Insight

Strong liquidity with a 2.26x current ratio provides a solid financial cushion.

DCGO Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -55.3%
Net Margin -56.6%
ROE -126.7%
ROA -84.0%
FCF Margin 9.3%

DCGO vs Services Sector: How DocGo Inc. Compares

How DocGo Inc. compares to Services sector averages

Net Margin
DCGO -56.6%
vs
Sector Avg 10.0%
DCGO Sector
ROE
DCGO -126.7%
vs
Sector Avg 16.0%
DCGO Sector
Current Ratio
DCGO 2.3x
vs
Sector Avg 1.5x
DCGO Sector
Debt/Equity
DCGO 0.0x
vs
Sector Avg 0.7x
DCGO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is DocGo Inc. Stock Overvalued? DCGO Valuation Analysis 2026

Based on fundamental analysis, DocGo Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
-126.7%
Sector avg: 16%
Net Profit Margin
-56.6%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

DocGo Inc. Balance Sheet: DCGO Debt, Cash & Liquidity

Current Ratio
2.26x
Quick Ratio
2.26x
Debt/Equity
0.00x
Debt/Assets
42.0%
Interest Coverage
-1,615.51x
Long-term Debt
$235.6K

DCGO Revenue & Earnings Growth: 5-Year Financial Trend

DCGO 5-year financial data: Year 2021: Revenue $318.7M, Net Income -$14.8M, EPS $-0.25. Year 2022: Revenue $440.5M, Net Income $23.7M, EPS $0.25. Year 2023: Revenue $624.3M, Net Income N/A, EPS $0.25. Year 2024: Revenue $624.3M, Net Income N/A, EPS $0.34. Year 2025: Revenue $624.3M, Net Income $6.9M, EPS $0.06.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: DocGo Inc.'s revenue has grown significantly by 96% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.06 reflects profitable operations.

DCGO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
9.3%
Free cash flow / Revenue

DCGO Quarterly Earnings & Performance

Quarterly financial performance data for DocGo Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $70.8M $5.5M $0.05
Q2 2025 $80.4M $6.5M $0.06
Q1 2025 $96.0M N/A $-0.09
Q3 2024 $138.7M N/A $-0.01
Q2 2024 $125.5M N/A $-0.02
Q1 2024 $113.0M N/A $-0.03
Q3 2023 $104.3M N/A $-0.01
Q2 2023 $109.5M N/A $-0.02

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

DocGo Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$34.5M
Cash generated from operations
Stock Buybacks
$10.8M
Shares repurchased (TTM)
Capital Expenditures
$4.5M
Investment in assets
Dividends
None
No dividend program

DCGO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for DocGo Inc. (CIK: 0001822359)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 4 xslF345X06/wk-form4_1775001455.xml View →
Mar 16, 2026 10-K dcgo-20251231.htm View →
Mar 16, 2026 8-K dcgo-20260316.htm View →
Jan 30, 2026 8-K dcgo-20260126.htm View →
Dec 16, 2025 4 xslF345X05/wk-form4_1765924942.xml View →

Frequently Asked Questions about DCGO

What is the AI rating for DCGO?

DocGo Inc. (DCGO) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DCGO's key strengths?

Claude: Positive operating cash flow of 34.5M provides near-term liquidity. Adequate cash position of 51M with minimal debt (235.6K). ChatGPT: Strong liquidity with a 2.26x current and quick ratio. Minimal leverage with essentially no long-term debt.

What are the risks of investing in DCGO?

Claude: Severe revenue contraction of -47.7% YoY signals loss of market share or demand collapse. Operating losses of -178M with negative operating margin of -55.3% indicate unsustainable core operations. ChatGPT: Severe revenue contraction of 47.7% year over year suggests major business pressure. Extremely weak profitability with -55.3% operating margin and -56.6% net margin.

What is DCGO's revenue and growth?

DocGo Inc. reported revenue of $322.2M.

Does DCGO pay dividends?

DocGo Inc. does not currently pay dividends.

Where can I find DCGO SEC filings?

Official SEC filings for DocGo Inc. (CIK: 0001822359) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DCGO's EPS?

DocGo Inc. has a diluted EPS of $-1.84.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is DCGO a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, DocGo Inc. has a SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is DCGO stock overvalued or undervalued?

Valuation metrics for DCGO: ROE of -126.7% (sector avg: 16%), net margin of -56.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy DCGO stock in 2026?

Our dual AI analysis gives DocGo Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is DCGO's free cash flow?

DocGo Inc.'s operating cash flow is $34.5M, with capital expenditures of $4.5M. FCF margin is 9.3%.

How does DCGO compare to other Services stocks?

Vs Services sector averages: Net margin -56.6% (avg: 10%), ROE -126.7% (avg: 16%), current ratio 2.26 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI