American Well (AMWL) to Release Quarterly Earnings on Thursday

American Well (NYSE:AMWL - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of ($3.09) per share and revenue of $60.15 million for the quarter. American Well has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

American Well (NYSE:AMWL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported ($2.77) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.04) by $0.27. American Well had a negative net margin of 81.83% and a negative return on equity of 56.73%. On average, analysts expect American Well to post $-9 EPS for the current fiscal year and $-6 EPS for the next fiscal year.

American Well Trading Down 1.7 %

NYSE:AMWL traded down $0.12 during midday trading on Tuesday, hitting $7.13. 36,134 shares of the stock were exchanged, compared to its average volume of 91,959. The company has a market capitalization of $111.30 million, a price-to-earnings ratio of -0.51 and a beta of 1.22. American Well has a one year low of $5.00 and a one year high of $12.95. The business has a 50-day moving average price of $8.04 and a two-hundred day moving average price of $8.90.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on AMWL shares. Needham & Company LLC restated a "hold" rating on shares of American Well in a report on Thursday, February 13th. Wells Fargo & Company raised shares of American Well from an "equal weight" rating to an "overweight" rating and set a $15.00 price target for the company in a report on Monday, January 13th. Truist Financial lowered their price objective on shares of American Well from $12.00 to $7.50 and set a "hold" rating on the stock in a research note on Thursday, April 10th. Finally, Stifel Nicolaus increased their target price on shares of American Well from $9.00 to $10.00 and gave the company a "hold" rating in a research note on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, American Well currently has a consensus rating of "Hold" and a consensus price target of $11.00.

Insider Buying and Selling at American Well

In other news, insider Phyllis Gotlib sold 4,781 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $8.80, for a total value of $42,072.80. Following the completion of the sale, the insider now owns 147,998 shares in the company, valued at $1,302,382.40. This represents a 3.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 5,219 shares of company stock valued at $46,454. 12.80% of the stock is currently owned by corporate insiders.

About American Well

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.