AMWLAMWLHealthcare · Health Information Services

AMWL Stock Forecast: American Well Corp. Price Predictions for 2026-2027

Last close, 3 Sept 2026
$13
+3.27% on the day

The 7 Wall Street analysts covering American Well Corp. hold a median 12-month price target of $12 — -9.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 81 of 100 as at 2 Sept 2026 — inside the top quartile. The factors read stronger than the Street's target implies. That gap is the story on this page.

Market cap
$214.4M
Ticker Nerd rank
81 / 100
Median analyst target
$12
Analysts covering
7
Revenue$52.0M−26.6% y/y
Operating income−$9.6M
Net income−$9.6M
Free cash flow$7.9M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+12.8%
1M
+23.1%
YTD
+169.9%
1Y
+90.4%
From 52W high
−2.4%
From 52W low
+250.5%
$4
$14
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

AMWL stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores American Well Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 2 Sept 2026
81 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
91
Revisions
90
Momentum
72
Size
67
Quality
62
Issuance
59
Growth
52
Volatility
25
Value
25

Accruals (91): Reported profit is backed by cash, and the company is not expanding recklessly.

Value (25): The shares cost a lot relative to the profits and assets behind them.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

AMWL stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on AMWL, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$4$6$8$10$12$14$16Oct 25Jan 26Apr 26Jul 26AMWLHigh $16Median $12Low $11

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says7 analysts
1 Buy6 Hold0 Sell
Low $11Median $12High $16

The green dot is the last close — the median target sits −9.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
13 Aug 2026Truist SecuritiesMaintainsHold$7.50$12
5 Aug 2026NeedhamReiteratesHold
5 Aug 2026NeedhamReiteratesHold
17 July 2026Wells FargoMaintainsOverweight$9.00$16
17 July 2026Wells FargoMaintainsOverweight
6 May 2026Morgan StanleyMaintainsEqual-Weight
6 May 2026Morgan StanleyMaintainsEqual-Weight$6.00$6.50
6 May 2026TD CowenMaintainsHold$5.00$8.00
6 May 2026TD CowenMaintainsHold
13 Feb 2026StifelMaintainsHold
18 Dec 2025Morgan StanleyMaintainsEqual-Weight
5 Nov 2025StifelMaintainsHold
5 Nov 2025Wells FargoMaintainsOverweight
7 Aug 2025Wells FargoMaintainsOverweight
23 May 2025Piper SandlerReiteratesNeutral
8 May 2025UBSMaintainsNeutral
2 May 2025NeedhamReiteratesHold
2 May 2025StifelMaintainsHold
10 Apr 2025Truist SecuritiesMaintainsHold
14 Feb 2025Truist SecuritiesMaintainsHold

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. AMWL appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

AMWL vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 3 Sept 2026, American Well Corp. returned +90.4% against +21.4% for the S&P 500, dividends included.

AMWL vs S&P 500, last 12 monthsTotal return, rebased to 100
50100150200Oct 25Jan 26Apr 26Jul 26AMWLS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

AMWL analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
1
Analysts cutting
0
Fundamentals

American Well Corp. (AMWL) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−2.2×

Cheaper than 85% of US stocks

Price / sales
1.0×

Cheaper than 71% of US stocks

Price / book
1.0×

Cheaper than 76% of US stocks

EV / EBITDA
−1.0×

Cheaper than 64% of US stocks

Growth & margins
Revenue growth (YoY)
−26.6%

Higher than 10% of US stocks

Earnings growth (YoY)
−26.6%

Higher than 17% of US stocks

Gross margin
53.0%

Higher than 66% of US stocks

Operating margin
−19.6%

Higher than 22% of US stocks

Net margin
−35.7%

Higher than 12% of US stocks

Returns & dividend
Return on equity
−29.1%

Higher than 27% of US stocks

Return on assets
−12.6%

Higher than 24% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

American Well Corp. (AMWL) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • American Well Corp. has a market value of $214.4M and an enterprise value of $38.3M.

  • Revenue in the twelve months to 30 June 2026: $218.5M. The latest quarter shrank 26.6% year on year.

  • Net income over the same four quarters: −$77.0M, a −35.2% net margin.

  • Diluted earnings per share, trailing twelve months: $−4.77.

  • Free cash flow in the twelve months to 30 June 2026: −$32.0M, after $5.6M of capital spending.

  • American Well Corp. spent $2K on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 16.9M.

  • Trailing P/E: −2.2×; forward P/E: −8.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • American Well Corp. employs 562 people $389K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 3 Sept 2026

Data provided by Twelve Data

Peers

AMWL vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelHealth Information Services
CompanyMarket capTKN rank
AMWLAmerican Well Corp.$214.4M
81
SPOKSpok Holdings, Inc.$217.5M
60
OPRXOptimizeRx Corp.$149.3M
83
DHDefinitive Healthcare Corp.$148.4M
79
LFMDLifeMD, Inc.$147.8M
30
HCATHealth Catalyst, Inc.$127.2M
48
SLPSimulations Plus, Inc.$372.7M
91

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own American Well Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest AMWL news & analysis

Amwell® receives Frost & Sullivan's 2026 Technology Innovation Leadership Recognition for addressing healthcare fragmentation

GlobeNewsWire · 3 Sept 2026positive

Amwell received Frost & Sullivan's 2026 United States Technology Innovation Leadership Recognition in the Technology-Enabled Care Platforms Industry. The award validates Amwell's unified platform approach to addressing healthcare fragmentation across consumer experiences, clinician workflows, care programs, and partner solutions.

Why it matters — This recognition provides independent industry validation of Amwell's product strategy and competitive positioning in the technology-enabled care market.

Amwell® to participate in upcoming investor conferences

GlobeNewsWire · 2 Sept 2026neutral

Amwell announced that members of its management team will participate in upcoming investor conferences. The company shared this via a press release on September 2, 2026, without providing specific details about the conferences in the excerpt.

Why it matters — An AMWL watcher would care because management's participation in investor conferences is an opportunity for the company to present its business and engage with investors and analysts.

American Well (AMWL) Upgraded to Buy: What Does It Mean for the Stock?

Zacks Investment Research · 26 Aug 2026positive

American Well (AMWL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. The upgrade could drive the stock higher in the near term.

Why it matters — The upgrade signals improved expectations for American Well's earnings outlook, which AMWL watchers would view as a positive development.

Here Is Why Bargain Hunters Would Love Fast-paced Mover American Well (AMWL)

Zacks Investment Research · 20 Aug 2026positive

Zacks Investment Research reported that American Well (AMWL) passed its 'Fast-Paced Momentum at a Bargain' screening tool, noting the stock has shown strong recent momentum while still trading at a reasonable valuation.

Why it matters — The screening recognition could draw bargain-hunting investors' attention to AMWL as a momentum stock at an approachable price.

Amwell makes grant to new employees under inducement plan

GlobeNewsWire · 7 Aug 2026neutral

On August 7, 2026, Amwell granted restricted stock units covering 6,679 shares of Class A common stock to two new non-executive employees. The grants were offered as a material inducement for these employees to join the company.

Why it matters — This disclosure reflects Amwell's use of equity incentives to attract new talent, which may be of interest to shareholders tracking the company's compensation practices and share dilution.

FAQ

Frequently asked questions about AMWL stock

What is the AMWL stock price forecast for 2026-2027?

The 7 Wall Street analysts covering American Well Corp. have a median 12-month price target of $12, with estimates ranging from $11 to $16. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is AMWL stock a buy right now?

Of the 7 analysts covering American Well Corp., 1 rate it a Buy, 6 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks American Well Corp. 81 out of 100 across roughly 4,600 US stocks as at 2 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AMWL?

As at 2 Sept 2026, American Well Corp. ranks 81 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (91 of 100).

Will AMWL stock go up?

No one can know that. What the data says: the median 12-month target from 7 analysts implies -9.4% from the last close, and Ticker Nerd's factor model ranks American Well Corp. 81 out of 100 as at 2 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the AMWL stock forecast for 2030?

No analyst covering American Well Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AMWL are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $11 to $16 over the next 12 months.

How has AMWL stock performed over the past year?

American Well Corp. returned +90.4% over the 12 months to 3 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does American Well Corp. do?

American Well Corporation Class A Common Stock represents ownership in American Well Corporation, a digital healthcare company focused on telehealth and hybrid care delivery. American Well provides a software platform that supports virtual medical services for health systems, health plans, employers, and government clients.

What is the latest news on AMWL?

The most recent item we track (GlobeNewsWire, 3 Sept 2026): "Amwell® receives Frost & Sullivan's 2026 Technology Innovation Leadership Recognition for addressing healthcare fragmentation". Amwell received Frost & Sullivan's 2026 United States Technology Innovation Leadership Recognition in the Technology-Enabled Care Platforms Industry. The award validates Amwell's unified platform approach to addressing healthcare fragmentation across consumer experiences, clinician workflows, care programs, and partner solutions.

Company

About American Well Corp.

American Well Corporation Class A Common Stock represents ownership in American Well Corporation, a digital healthcare company focused on telehealth and hybrid care delivery. American Well provides a software platform that supports virtual medical services for health systems, health plans, employers, and government clients. Its offerings include on-demand and scheduled consultations, virtual primary care, behavioral health, chronic care management, specialty care, and other remote care programs. The company’s platform is designed to help providers and payers coordinate care across urgent, acute, post-acute, and ongoing health needs. American Well Corporation is headquartered in Boston, Massachusetts, and operates in the healthcare technology and software market, where its services connect patients and clinicians through digital tools that support more flexible care delivery.

CEO Dr. Ido Schoenberg M.D. · 562 employees · United States · https://business.amwell.com