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American Well (AMWL) Stock Forecast & Price Target

$0.44
+0.01 (+2.31%)
(As of 05/28/2024 ET)

American Well - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 3 Analyst Ratings

Consensus Price Target

$0.80
80.46% Upside
High Forecast$1.00
Average Forecast$0.80
Low Forecast$0.60
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$0.80$1.00$3.08$4.28
Forecasted Upside80.46% Upside69.49% Upside50.16% Upside41.90% Upside
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AMWL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AMWL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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American Well Stock vs. The Competition

TypeAmerican WellMedical CompaniesS&P 500
Consensus Rating Score
2.00
2.70
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside80.46% Upside725.01% Upside10.81% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/23/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$1.50 ➝ $0.60+29.03%
5/2/2024Needham & Company LLC
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 Reiterated RatingHold
4/15/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$1.75 ➝ $1.00+69.49%
3/23/2023TD Cowen
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 DowngradeOutperform ➝ Market Perform$5.00 ➝ $2.50+7.30%
3/15/2023Guggenheim
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 Reiterated RatingBuy$5.00+100.80%
2/27/2023Cowen
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 Lower Target$9.00 ➝ $5.00+65.02%
2/27/2023Piper Sandler
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 DowngradeOverweight ➝ Neutral$5.00 ➝ $3.50+15.51%
2/23/2023Credit Suisse Group
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 Lower TargetNeutral$5.00 ➝ $4.00+10.50%
1/4/2023Bank of America
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 UpgradeNeutral ➝ Buy$4.20+48.94%
9/7/2022Truist Financial
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 Initiated CoverageHold$5.00+15.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:13 PM ET.

AMWL Frequently Asked Questions

What is American Well's stock forecast and purchase recommendation?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for American Well is $0.80, with a high forecast of $1.00 and a low forecast of $0.60. The consensus rating for American Well stock is Hold based on the current 3 hold ratings for AMWL. Learn more on AMWL's analyst rating history.

Do Wall Street analysts like American Well more than its competitors?

Analysts like American Well less than other "medical" companies. The consensus rating for American Well is Hold while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how AMWL compares to other companies.

Does American Well's stock price have much upside?

According to analysts, American Well's stock has a predicted upside of 51.66% based on their 12-month stock forecasts.

What analysts cover American Well?

American Well has been rated by research analysts at Morgan Stanley, Needham & Company LLC, and UBS Group in the past 90 days.


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This page (NYSE:AMWL) was last updated on 5/28/2024 by MarketBeat.com Staff

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