S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
NYSE:AMWL

American Well (AMWL) Stock Price, News & Analysis

$0.81
-0.05 (-5.83%)
(As of 03/28/2024 ET)
Today's Range
$0.79
$0.87
50-Day Range
$0.81
$1.31
52-Week Range
$0.79
$2.74
Volume
2.53 million shs
Average Volume
1.72 million shs
Market Capitalization
$233.69 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.75

American Well MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
116.6% Upside
$1.75 Price Target
Short Interest
Healthy
1.50% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.35 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.

2.46 out of 5 stars

Medical Sector

541st out of 939 stocks

Business Services, Not Elsewhere Classified Industry

60th out of 90 stocks

AMWL stock logo

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

AMWL Stock News Headlines

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LifeMD stock is surging as the company is riding the GLP-1 trend to double-digit revenue growth and projections for 67% earnings growth in 2024
Hims & Hers Stock Rises On Stimulating Earnings Growth (AMWL)
Telehealth platform Hims & Hers has turned the corner into GAAP profitability and is expanding its product portfolio to increase its addressable audience
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LifeMD, Inc. Q4 2023 Earnings Preview
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Amwell Names Cynthia Horner, M.D., Chief Medical Officer
Amwell Names Cynthia Horner, M.D., Chief Medical Officer
Amwell to Participate in Upcoming Investor Conference
AMWL Apr 2024 0.500 put
AMWL Feb 2024 1.500 put
Q4 2023 American Well Corp Earnings Call
Amwell Executives to Take the Stage at ViVE 2024
Amwell Executives to Take the Stage at ViVE 2024
AMWL Sep 2024 0.500 put
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
3/29/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
1,104
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.75
High Stock Price Target
$1.75
Low Stock Price Target
$1.75
Potential Upside/Downside
+116.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-675,160,000.00
Net Margins
-260.63%
Pretax Margin
-259.69%

Debt

Sales & Book Value

Annual Sales
$259.05 million
Cash Flow
$0.76 per share
Book Value
$1.66 per share

Miscellaneous

Free Float
251,824,000
Market Cap
$233.69 million
Optionable
Optionable
Beta
1.03
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Key Executives


AMWL Stock Analysis - Frequently Asked Questions

Should I buy or sell American Well stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Well in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research 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 equities research analysts have issued 1 year price targets for American Well's shares. Their AMWL share price targets range from $1.75 to $1.75. On average, they predict the company's share price to reach $1.75 in the next year. This suggests a possible upside of 116.6% 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 on January 1st, 2024. Since then, AMWL stock has decreased by 45.8% and is now trading at $0.8079.
View the best growth stocks for 2024 here
.

Are investors shorting American Well?

American Well saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 4,370,000 shares, an increase of 20.4% from the February 14th total of 3,630,000 shares. Based on an average daily trading volume, of 1,700,000 shares, the days-to-cover ratio is currently 2.6 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 were American Well's earnings last quarter?

American Well Co. (NYSE:AMWL) posted its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.19) by $0.02. The business earned $70.68 million during the quarter, compared to the consensus estimate 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 revenue was down 10.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.22) earnings per share.

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 issued an update on 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 initial public offering on Thursday, September 17th 2020. The company issued 35,000,000 shares at $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs, PIper Sandler, UBS Investment Bank, Credit Suisse, Cowen and Berenberg acted as the underwriters for the IPO.

Who are American Well's major shareholders?

American Well's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Senvest Management LLC (8.18%), Vanguard Group Inc. (4.59%), Vanguard Group Inc. (4.57%), Northern Trust Corp (0.75%), Rock Point Advisors LLC (0.72%) and Charles Schwab Investment Management Inc. (0.58%). 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 3/29/2024 by MarketBeat.com Staff

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