American Well Stock Price, News & Analysis (NYSE:AMWL)

7 Wall Street 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 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.

7 brokerages have issued 1-year price objectives for American Well's shares. Their AMWL share price targets range from $1.75 to $5.00. On average, they expect the company's share price to reach $3.71 in the next year. This suggests a possible upside of 200.2% from the stock's current price.
View analysts price targets for AMWL or view top-rated stocks among Wall Street analysts.

American Well's stock was trading at $2.83 at the beginning of 2023. Since then, AMWL shares have decreased by 56.4% and is now trading at $1.2350.
View the best growth stocks for 2023 here.

American Well saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 8,600,000 shares, a drop of 5.5% from the October 15th total of 9,100,000 shares. Based on an average trading volume of 1,690,000 shares, the days-to-cover ratio is presently 5.1 days.
View American Well's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our AMWL earnings forecast.

American Well Co. (NYSE:AMWL) released its quarterly earnings results on Wednesday, November, 1st. The company reported ($0.20) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.20). The company earned $61.92 million during the quarter, compared to analyst estimates of $62.89 million. American Well had a negative net margin of 257.20% and a negative trailing twelve-month return on equity of 33.76%.

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).

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).

(AMWL) raised $525 million in an initial public offering 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 acted as the underwriters for the IPO.

American Well's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Senvest Management LLC (8.01%), Northern Trust Corp (0.80%), Charles Schwab Investment Management Inc. (0.69%), Rock Point Advisors LLC (0.66%), UBS Group AG (0.38%) and GSA Capital Partners LLP (0.25%). Insiders that own company stock include Amber Howe, Bradford Gay, Brendan P Ogrady, Deborah C Jackson, Deval L Patrick, Ido Schoenberg, Jason Medeiros, 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.

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.