NYSE:AMWL American Well (AMWL) Stock Forecast, Price & News $1.12 -0.05 (-4.27%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$1.10▼$1.1850-Day Range$1.12▼$2.4552-Week Range$1.10▼$4.40Volume1.28 million shsAverage Volume1.33 million shsMarket Capitalization$318.83 millionP/E RatioN/ADividend YieldN/APrice Target$3.81 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media American Well MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside240.6% Upside$3.81 Price TargetShort InterestHealthy3.20% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$605,184 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.88) to ($0.68) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsMedical Sector383rd out of 975 stocksBusiness Services, Not Elsewhere Classified Industry53rd out of 90 stocks 3.1 Analyst's Opinion Consensus RatingAmerican Well has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.81, American Well has a forecasted upside of 240.6% from its current price of $1.12.Amount of Analyst CoverageAmerican Well has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.20% of the outstanding shares of American Well have been sold short.Short Interest Ratio / Days to CoverAmerican Well has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in American Well has recently decreased by 4.61%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldAmerican Well does not currently pay a dividend.Dividend GrowthAmerican Well does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AMWL. Previous Next 2.7 News and Social Media Coverage News SentimentAmerican Well has a news sentiment score of 0.90. 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 is a higher news sentiment than the 0.70 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for American Well this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for AMWL on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows90 people have added American Well to their MarketBeat watchlist in the last 30 days. This is an increase of 1,186% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $605,184.00 in company stock.Percentage Held by Insiders12.94% 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 Institutions49.55% of the stock of American Well is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for American Well are expected to grow in the coming year, from ($0.88) to ($0.68) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Well is -0.50, 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. SectorThe P/E ratio of American Well is -0.50, 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 RatioAmerican Well has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About American Well (NYSE:AMWL) StockAmerican Well Corporation operates digital care delivery enablement platform in the United States and internationally. Its platform connects and enables providers, insurers, patients, and innovators to deliver access for quality care. The company's products offer urgent care; scheduled visits; acute behavioral health; telestroke; comprehensive behavioral health; ED triage; pediatrics; end-stage renal disease and dialysis; and retail health, school health, and home settings. Its application offers telehealth urgent care; primary care; chronic care; digital therapy; teledermatology; manage Medicaid; behavior health; online nutrition counselling; sleep; women's health; employee assistance program therapy; and musculoskeletal care. The company also provides telemedicine equipment, including telemedicine carts, peripherals, tyto care, hospital TV kits, and telehealth tablets. American Well Corporation was incorporated in 2006 and is headquartered in Boston, Massachusetts.Read More AMWL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMWL Stock News HeadlinesSeptember 26, 2023 | finance.yahoo.comHealth Gorilla and Amwell Announce Expanded Digital Diagnostic Lab Ordering for CliniciansSeptember 25, 2023 | americanbankingnews.comInsider Selling: American Well Co. (NYSE:AMWL) CEO Sells 135,236 Shares of StockOctober 3, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 25, 2023 | americanbankingnews.comAnalysts Set American Well Co. (NYSE:AMWL) PT at $3.81September 20, 2023 | finance.yahoo.comWe Think American Well (NYSE:AMWL) Needs To Drive Business Growth CarefullySeptember 13, 2023 | finance.yahoo.comOSF HealthCare Reduces Rates of Depression and Anxiety by Over 50% Using the Amwell® PlatformAugust 15, 2023 | msn.comAmerican Well: There Are No Visible Positive Catalysts In The Near TermAugust 14, 2023 | markets.businessinsider.comTruist Financial Reaffirms Their Hold Rating on American Well (AMWL)October 3, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: American Well (AMWL) and Idexx Laboratories (IDXX)August 7, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of American Well Corporation (NYSE:AMWL)August 3, 2023 | msn.comMorgan Stanley Downgrades American Well Corporation - (AMWL)August 3, 2023 | finance.yahoo.comAmwell Announces Results for Second Quarter 2023August 3, 2023 | finance.yahoo.comAmerican Well Corporation (AMWL) Reports Q2 Loss, Lags Revenue EstimatesAugust 3, 2023 | finance.yahoo.comAmerican Well Corporation (AMWL) Reports Q2 Earnings: What Key Metrics Have to SayAugust 3, 2023 | finance.yahoo.comAmerican Well (AMWL) Q2 2023 Earnings Call TranscriptAugust 1, 2023 | benzinga.comA Preview Of American Well's EarningsJuly 27, 2023 | finance.yahoo.comWill American Well Corporation (AMWL) Report Negative Earnings Next Week? What You Should KnowJuly 19, 2023 | finance.yahoo.comAmwell to Report Second Quarter 2023 Operating Results and Host Conference Call on Wed., Aug. 2, 2023July 19, 2023 | markets.businessinsider.comAmerican Well (AMWL) Receives a Hold from Truist FinancialJuly 16, 2023 | finance.yahoo.comShareholders in American Well (NYSE:AMWL) are in the red if they invested a year agoJuly 11, 2023 | finance.yahoo.comAmwell Survey Identifies Workers’ Top Barriers to Accessing Mental Health BenefitsJune 6, 2023 | msn.comAmerican Well Corp.: Reiterate Hold As I Await Converge To Be Fully ImplementedJune 4, 2023 | finance.yahoo.comMental health apps: the AI therapist cannot see you nowMay 26, 2023 | finance.yahoo.comAmerican Well Corporation (NYSE:AMWL) has caught the attention of institutional investors who hold a sizeable 42% stakeMay 18, 2023 | seekingalpha.comAmerican Well Corporation (AMWL) Investor Presentation - SlideshowMay 17, 2023 | morningstar.comAmerican Well Corp Ordinary Shares - Class ASee More Headlines Receive AMWL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for American Well and its competitors with MarketBeat's FREE daily newsletter. Email Address AMWL Company Calendar Last Earnings8/02/2023Today10/03/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Business services, not elsewhere classified Sub-IndustryN/A SectorMedical Current SymbolNYSE:AMWL CUSIPN/A CIK1393584 Webamwell.com Phone617-204-3500FaxN/AEmployees1,035Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.81 High Stock Price Forecast$5.00 Low Stock Price Forecast$2.50 Forecasted Upside/Downside+240.6%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($2.22) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-270,430,000.00 Net Margins-226.24% Pretax Margin-225.31% Return on Equity-29.76% Return on Assets-25.92% Debt Debt-to-Equity RatioN/A Current Ratio4.86 Quick Ratio4.78 Sales & Book Value Annual Sales$277.19 million Price / Sales1.15 Cash FlowN/A Price / Cash FlowN/A Book Value$3.91 per share Price / Book0.29Miscellaneous Outstanding Shares284,670,000Free Float247,837,000Market Cap$318.83 million OptionableNot Optionable Beta0.93 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesDr. Ido Schoenberg M.D. (Age 58)Chairman & Co-CEO Comp: $1.52MDr. Roy Schoenberg M.D. (Age 54)M.P.H., MPH, Pres, Co-CEO & Director Comp: $1.4MMr. Robert Shepardson (Age 58)Chief Financial Officer Comp: $910.51kMr. Kurt Knight (Age 44)Chief Operating Officer Comp: $905.39kMr. Vukasin Paunovich (Age 52)Exec. VP of Enterprise Platforms Comp: $910.73kMs. Phyllis I. Gotlib (Age 65)Pres of Amwell International Comp: $1MMr. Paul Francis McNeice (Age 46)VP of Accounting Mr. Tim ConwayChief Information OfficerMs. Sue DooleyHead of Investor RelationsMr. Bradford F. Gay (Age 46)Sr. VP & Gen. Counsel More ExecutivesKey CompetitorsTabula Rasa HealthCareNASDAQ:TRHCAugmedixNASDAQ:AUGXNutex HealthNASDAQ:NUTXPhreesiaNYSE:PHRMultiPlanNYSE:MPLNView All CompetitorsInsiders & InstitutionsIdo SchoenbergSold 135,236 sharesTotal: $162,283.20 ($1.20/share)Barclays PLCSold 30,129 shares on 9/21/2023Ownership: 0.056%Kurt KnightSold 25,866 sharesTotal: $37,247.04 ($1.44/share)Kurt KnightSold 18,108 sharesTotal: $27,162.00 ($1.50/share)Robert ShepardsonSold 24,989 sharesTotal: $37,483.50 ($1.50/share)View All Insider TransactionsView All Institutional Transactions AMWL Stock - Frequently Asked Questions Should I buy or sell American Well stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Well in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 7 equities research analysts have issued 1 year price targets for American Well's shares. Their AMWL share price forecasts range from $2.50 to $5.00. On average, they anticipate the company's stock price to reach $3.81 in the next year. This suggests a possible upside of 240.6% 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 2023? American Well's stock was trading at $2.83 on January 1st, 2023. Since then, AMWL shares have decreased by 60.4% and is now trading at $1.12. View the best growth stocks for 2023 here. Are investors shorting American Well? American Well saw a increase in short interest in August. As of August 31st, there was short interest totaling 9,550,000 shares, an increase of 12.2% from the August 15th total of 8,510,000 shares. Based on an average daily trading volume, of 1,210,000 shares, the days-to-cover ratio is currently 7.9 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 Monday, November 6th 2023. View our AMWL earnings forecast. How were American Well's earnings last quarter? American Well Co. (NYSE:AMWL) posted its earnings results on Wednesday, August, 2nd. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by $0.02. The business earned $62.45 million during the quarter, compared to analyst estimates of $65.45 million. American Well had a negative net margin of 226.24% and a negative trailing twelve-month return on equity of 29.76%. 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 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $257.00 million-$263.00 million, compared to the consensus revenue estimate of $276.71 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? (AMWL) raised $525 million in an initial public offering (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. What is American Well's stock symbol? American Well trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMWL." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is American Well's stock price today? One share of AMWL stock can currently be purchased for approximately $1.12. How much money does American Well make? American Well (NYSE:AMWL) has a market capitalization of $318.83 million and generates $277.19 million in revenue each year. The company earns $-270,430,000.00 in net income (profit) each year or ($2.22) on an earnings per share basis. How many employees does American Well have? The company employs 1,035 workers across the globe. How can I contact American Well? American Well's mailing address is 75 STATE STREET 26TH FLOOR, Boston MA, 02109. The official website for the company is amwell.com. The company can be reached via phone at 617-204-3500 or via email at investors@amwell.com. This page (NYSE:AMWL) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding American Well Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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