Should I buy or sell American Well stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Well in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AMWL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMWL, but not buy additional shares or sell existing shares. View AMWL analyst ratings or view top-rated stocks .

What is American Well's stock price target for 2024?

1 Wall Street analysts have issued 1-year price targets for American Well's shares. Their AMWL share price targets range from $1.00 to $1.00. On average, they expect the company's stock price to reach $1.00 in the next year. This suggests a possible upside of 83.1% from the stock's current price. View analysts price targets for AMWL or view top-rated stocks among Wall Street analysts .

How have AMWL shares performed in 2024?

American Well's stock was trading at $1.49 at the beginning of the year. Since then, AMWL stock has decreased by 63.3% and is now trading at $0.5462. View the best growth stocks for 2024 here .

Are investors shorting American Well?

American Well saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,170,000 shares, an increase of 42.2% from the March 15th total of 4,340,000 shares. Based on an average daily volume of 1,750,000 shares, the short-interest ratio is currently 3.5 days. View American Well's Short Interest .

When is American Well's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our AMWL earnings forecast .

How can I listen to American Well's earnings call?

American Well will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were American Well's earnings last quarter?

American Well Co. (NYSE:AMWL) announced its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.02. The firm had revenue of $70.68 million for the quarter, compared to analyst estimates of $70.16 million. American Well had a negative trailing twelve-month return on equity of 40.19% and a negative net margin of 260.63%. The firm's quarterly revenue was down 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.22) EPS.

What ETFs hold American Well's stock?

ETFs with the largest weight of American Well (NYSE:AMWL) stock in their portfolio include Fidelity Digital Health ETF (FDHT) and Global X Telemedicine & Digital Health ETF (EDOC) . First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) .

What guidance has American Well issued on next quarter's earnings?

American Well updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $259.0 million-$269.0 million, compared to the consensus revenue estimate of $271.4 million.

What other stocks do shareholders of American Well own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American Well investors own include PayPal (PYPL) , NVIDIA (NVDA) , Shopify (SHOP) , Tesla (TSLA) , Twilio (TWLO) , Salesforce (CRM) , Livongo Health (LVGO) , Skyworks Solutions (SWKS) , Slack Technologies (WORK) and Adobe (ADBE) .

When did American Well IPO?

American Well (AMWL) raised $525 million in an IPO on Thursday, September 17th 2020. The company issued 35,000,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs, PIper Sandler, UBS Investment Bank, Credit Suisse, Cowen and Berenberg served as the underwriters for the IPO.

Who are American Well's major shareholders?

American Well's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Oak Thistle LLC (0.02%). Insiders that own company stock include Amber Howe , Bradford Gay , Brendan P Ogrady , Deborah C Jackson , Deval L Patrick , Ido Schoenberg , Jason Medeiros , Kathy Johnson Weiler, Keith Anderson , Kurt Knight , Mary Modahl , Paul Francis Mcneice , Peter L Slavin, Phyllis Gotlib, Robert Shepardson, Roy Schoenberg , Serkan Kutan , Stephen J Schlegel and Vukasin Paunovich. View institutional ownership trends .

How do I buy shares of American Well?

Shares of AMWL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:AMWL

American Well (AMWL) Stock Price, News & Analysis

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$0.55

+0.03 (+5.81%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.52
▼
$0.57
50-Day Range: $0.51
▼
$1.31
52-Week Range: $0.50
▼
$2.74

Volume: 2.06 million shs
Average Volume: 1.93 million shs
Market Capitalization: $157.99 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.00

Get American Well alerts:

American Well MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 83.1% Upside
$1.00 Price Target
Short Interest: Healthy
2.13% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.58
Based on 5 Articles This Week
Insider Trading: Selling Shares
$1.27 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.70) to ($0.42) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.32 out of 5 stars

Medical Sector

498th out of 911 stocks

Business Services, Not Elsewhere Classified Industry

63rd out of 89 stocks

3.0

Analyst's Opinion

Consensus Rating
American Well has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
American Well has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.13% of the outstanding shares of American Well have been sold short.
Short Interest Ratio / Days to Cover
American Well has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in American Well has recently increased by 42.17%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
American Well does not currently pay a dividend.
Dividend Growth
American Well does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AMWL.

2.0

News and Social Media Coverage

News Sentiment
American Well has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for American Well this week, compared to 2 articles on an average week.
Search Interest
Only 5 people have searched for AMWL on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added American Well to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, American Well insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,267,410.00 in company stock.
Percentage Held by Insiders
12.94% of the stock of American Well is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
56.05% of the stock of American Well is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for American Well are expected to grow in the coming year, from ($0.70) to ($0.42) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of American Well is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of American Well is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
American Well has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About American Well Stock (NYSE:AMWL)

American Well Corporation, an enterprise platform and software company, delivers digitally enabling hybrid care in the United States and internationally. The company offers Converge, a cloud-based platform that enables health providers, payers, and innovators to provide in-person, virtual and automated care; and delivers virtual primary care, post-discharge follow-up, chronic condition management, virtual nursing, e-sitting, on-demand and scheduled virtual visits, specialty consults, automated care, and behavioral health, as well as specialty care programs, including dermatology, musculoskeletal care, second opinion, and cardiometabolic care to patients and members. It provides Carepoint devices comprising carts, peripherals, tablets, and TVs, which serve as digital access points in clinical settings. In addition, the company offers Amwell Medical Group network services consisting of primary and urgent care, behavioral health therapy, acute psychiatry, lactation counseling, and nutrition services. Further, it provides professional services to facilitate implementation, workflow design, systems integration, and service expansion for its products, as well as patient and provider engagement services. The company sells its products through field sales professionals, channel partners, and value-added resellers. American Well Corporation was incorporated in 2006 and is headquartered in Boston, Massachusetts.

AMWL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AMWL Stock News Headlines

March 19, 2024 | marketbeat.com

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April 16, 2024 | americanbankingnews.com

American Well (NYSE:AMWL) Price Target Lowered to $1.00 at Morgan Stanley

April 12, 2024 | msn.com

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April 10, 2024 | msn.com

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April 10, 2024 | finance.yahoo.com

With 37% ownership, American Well Corporation (NYSE:AMWL) has piqued the interest of institutional investors

April 4, 2024 | globenewswire.com

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Power of Amwell Hybrid Care Solutions to be Highlighted at HIMSS 2024

February 27, 2024 | finance.yahoo.com

Here's Why We're Watching American Well's (NYSE:AMWL) Cash Burn Situation

February 26, 2024 | yahoo.com

‘All Shall Be Well’ Review: A Found Family is Lost in a Tender But Tentative, Queer-Themed Grief Drama

February 22, 2024 | finance.yahoo.com

Amwell Names Cynthia Horner, M.D., Chief Medical Officer

February 22, 2024 | globenewswire.com

Amwell Names Cynthia Horner, M.D., Chief Medical Officer

February 21, 2024 | globenewswire.com

Amwell to Participate in Upcoming Investor Conference

February 16, 2024 | finance.yahoo.com

AMWL Apr 2024 0.500 put

February 16, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Healthcare Stocks: AMN Healthcare Services (AMN) and American Well (AMWL)

February 16, 2024 | finance.yahoo.com

AMWL Feb 2024 1.500 put

February 15, 2024 | finance.yahoo.com

American Well Corporation (AMWL) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

February 15, 2024 | markets.businessinsider.com

Hold Rating on American Well (AMWL) Amid Financial Uncertainties and Path to Profitability

February 15, 2024 | fool.com

Why American Well Corporation Stock Soared Today

February 15, 2024 | fool.com

Why American Well Corporation Stock Soared Today

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Medical
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:AMWL
CUSIP: N/A
CIK: 1393584
Web: amwell.com
Phone: 617-204-3500
Fax: N/A
Employees: 1,104
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.00
High Stock Price Target: $1.00
Low Stock Price Target: $1.00
Potential Upside/Downside: +83.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.40)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-675,160,000.00
Net Margins: -260.63%
Pretax Margin: -259.69%
Return on Equity: -40.19%
Return on Assets: -33.28%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.79
Quick Ratio: 4.72

Sales & Book Value

Annual Sales: $259.05 million
Price / Sales: 0.61
Cash Flow: $0.85 per share
Price / Cash Flow: 0.64
Book Value: $1.66 per share
Price / Book: 0.33

Miscellaneous

Outstanding Shares: 289,250,000
Free Float: 251,824,000
Market Cap: $157.96 million
Optionable: Optionable
Beta: 0.99

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Key Executives

Dr. Ido Schoenberg M.D. (Age 59)
Chairman & Co-CEO
Comp: $1.52M
Dr. Roy Schoenberg M.D. (Age 55)
M.P.H., President, Co-CEO & Director
Comp: $1.4M
Mr. Robert Shepardson (Age 59)
Chief Financial Officer
Comp: $910.51k
Mr. Kurt Knight (Age 45)
Chief Operating Officer
Comp: $905.39k
Mr. Vukasin Paunovich (Age 53)
Executive Vice President of Enterprise Platforms
Comp: $910.73k
Ms. Phyllis I. Gotlib (Age 66)
President of Amwell International
Comp: $1M
Mr. Paul Francis McNeice (Age 47)
Vice President of Accounting
Mr. Tim Conway
Chief Information Officer
Ms. Sue Dooley
Head of Investor Relations
Mr. Bradford F. Gay (Age 47)
Senior VP & General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AMWL Stock Analysis - Frequently Asked Questions

Should I buy or sell American Well stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Well in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AMWL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMWL, but not buy additional shares or sell existing shares.
View AMWL analyst ratings or view top-rated stocks.
What is American Well's stock price target for 2024?: 1 Wall Street analysts have issued 1-year price targets for American Well's shares. Their AMWL share price targets range from $1.00 to $1.00. On average, they expect the company's stock price to reach $1.00 in the next year. This suggests a possible upside of 83.1% from the stock's current price.
View analysts price targets for AMWL or view top-rated stocks among Wall Street analysts.
How have AMWL shares performed in 2024?: American Well's stock was trading at $1.49 at the beginning of the year. Since then, AMWL stock has decreased by 63.3% and is now trading at $0.5462.
View the best growth stocks for 2024 here.
Are investors shorting American Well?: American Well saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,170,000 shares, an increase of 42.2% from the March 15th total of 4,340,000 shares. Based on an average daily volume of 1,750,000 shares, the short-interest ratio is currently 3.5 days.
View American Well's Short Interest.
When is American Well's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our AMWL earnings forecast.
How can I listen to American Well's earnings call?: American Well will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were American Well's earnings last quarter?: American Well Co. (NYSE:AMWL) announced its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.02. The firm had revenue of $70.68 million for the quarter, compared to analyst estimates of $70.16 million. American Well had a negative trailing twelve-month return on equity of 40.19% and a negative net margin of 260.63%. The firm's quarterly revenue was down 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.22) EPS.

What ETFs hold American Well's stock?: ETFs with the largest weight of American Well (NYSE:AMWL) stock in their portfolio include Fidelity Digital Health ETF (FDHT) and Global X Telemedicine & Digital Health ETF (EDOC).First Trust Nasdaq Lux Digital Health Solutions ETF (EKG).
What guidance has American Well issued on next quarter's earnings?: American Well updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $259.0 million-$269.0 million, compared to the consensus revenue estimate of $271.4 million.
What other stocks do shareholders of American Well own?: Based on aggregate information from My MarketBeat watchlists, some companies that other American Well investors own include PayPal (PYPL), NVIDIA (NVDA), Shopify (SHOP), Tesla (TSLA), Twilio (TWLO), Salesforce (CRM), Livongo Health (LVGO), Skyworks Solutions (SWKS), Slack Technologies (WORK) and Adobe (ADBE).
When did American Well IPO?: American Well (AMWL) raised $525 million in an IPO on Thursday, September 17th 2020. The company issued 35,000,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs, PIper Sandler, UBS Investment Bank, Credit Suisse, Cowen and Berenberg served as the underwriters for the IPO.
Who are American Well's major shareholders?: American Well's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Oak Thistle LLC (0.02%). Insiders that own company stock include Amber Howe, Bradford Gay, Brendan P Ogrady, Deborah C Jackson, Deval L Patrick, Ido Schoenberg, Jason Medeiros, Kathy Johnson Weiler, Keith Anderson, Kurt Knight, Mary Modahl, Paul Francis Mcneice, Peter L Slavin, Phyllis Gotlib, Robert Shepardson, Roy Schoenberg, Serkan Kutan, Stephen J Schlegel and Vukasin Paunovich.
View institutional ownership trends.
How do I buy shares of American Well?: Shares of AMWL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMWL) was last updated on 4/19/2024 by MarketBeat.com Staff

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