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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSE:AMWL

American Well (AMWL) Stock Price, News & Analysis

$0.55
+0.03 (+5.81%)
(As of 04/19/2024 ET)
Today's Range
$0.52
$0.57
50-Day Range
$0.51
$1.31
52-Week Range
$0.50
$2.74
Volume
2.06 million shs
Average Volume
1.93 million shs
Market Capitalization
$157.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.00

American Well MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
83.1% Upside
$1.00 Price Target
Short Interest
Healthy
2.13% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of American Well in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.27 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.

2.32 out of 5 stars

Medical Sector

498th out of 911 stocks

Business Services, Not Elsewhere Classified Industry

63rd out of 89 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

LifeMD Shares Come Back to Life on GLP-1 Business Growth (AMWL)
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
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
LifeMD, Inc. Q4 2023 Earnings Preview
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
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/19/2024
Next Earnings (Confirmed)
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
$1.00
High Stock Price Target
$1.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+83.1%
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
$0.85 per share
Book Value
$1.66 per share

Miscellaneous

Free Float
251,824,000
Market Cap
$157.96 million
Optionable
Optionable
Beta
0.99
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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 analysts have issued "buy," "hold," and "sell" ratings for American Well in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 Wall Street analysts have issued 1-year price targets for American Well's shares. Their AMWL share price targets range from $1.00 to $1.00. On average, they expect the company's stock price to reach $1.00 in the next year. This suggests a possible upside of 83.1% 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 at the beginning of the year. Since then, AMWL stock has decreased by 63.3% and is now trading at $0.5462.
View the best growth stocks for 2024 here
.

Are investors shorting American Well?

American Well saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,170,000 shares, an increase of 42.2% from the March 15th total of 4,340,000 shares. Based on an average daily volume of 1,750,000 shares, the short-interest ratio is currently 3.5 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 can I listen to American Well's earnings call?

American Well will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were American Well's earnings last quarter?

American Well Co. (NYSE:AMWL) announced its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.02. The firm had revenue of $70.68 million for the quarter, compared to analyst estimates 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 quarterly revenue was down 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.22) EPS.

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 updated 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 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.

Who are American Well's major shareholders?

American Well's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Oak Thistle LLC (0.02%). 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 4/19/2024 by MarketBeat.com Staff

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