AMWLAMWLHealthcare · Health Information Services

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

Last close, 4 Nov 2026
$12
−2.35% on the day

The 7 Wall Street analysts covering American Well Corp. hold a median 12-month price target of $12 — -3.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 89 of 100 as at 4 Nov 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
$210.1M
Ticker Nerd rank
89/ 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
−11.9%
1M
+0.4%
YTD
+153.4%
1Y
+146.3%
From 52W high
−17.0%
From 52W low
+229.1%
$4
$15
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 4 Nov 2026
89/ 100

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

Revisions
91
Momentum
90
Accruals
90
Quality
67
Size
66
Issuance
60
Growth
57
Value
32
Volatility
23

Revisions (91): Analysts have, on balance, been raising their forecasts.

Volatility (23): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ 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
$5$10$15$20Jan 26Apr 26Jul 26Oct 26AMWLHigh $18Median $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 $18

The green dot is the last close — the median target sits −3.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 7 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
4 Nov 2026StifelMaintainsHold$11 → $12
4 Nov 2026TD CowenMaintainsHold$12 → $13
4 Nov 2026Wells FargoMaintainsOverweight$16 → $18
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—
6 May 2026TD CowenMaintainsHold$5.00 → $8.00
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—

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.

AMWL appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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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 4 Nov 2026, American Well Corp. returned +146.3% against +14.8% for the S&P 500, dividends included.

AMWL vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250300Jan 26Apr 26Jul 26Oct 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 movingThis 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
−2.1×

Cheaper than 86% of US stocks

Price / sales
1.0×

Cheaper than 69% of US stocks

Price / book
1.0×

Cheaper than 71% of US stocks

EV / EBITDA
−1.0×

Cheaper than 68% of US stocks

Growth & margins
Revenue growth (YoY)
−13.0%

Higher than 10% of US stocks

Earnings growth (YoY)
−26.6%

Higher than 18% of US stocks

Gross margin
53.0%

Higher than 65% of US stocks

Operating margin
−23.8%

Higher than 21% of US stocks

Net margin
−27.0%

Higher than 12% of US stocks

Returns & dividend
Return on equity
−22.8%

Higher than 27% of US stocks

Return on assets
−11.0%

Higher than 25% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

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 $210.1M and an enterprise value of $30.5M.

  • Revenue in the twelve months to 30 June 2026: $218.5M. The latest quarter shrank 13.0% 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: −2.1×; forward P/E: −11.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of 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 5 Nov 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.$210.1M89
OPRXOptimizeRx Corp.$185.0M85
DHDefinitive Healthcare Corp.$175.5M83
SPOKSpok Holdings, Inc.$248.6M76
HCATHealth Catalyst, Inc.$119.7M57
LFMDLifeMD, Inc.$117.9M45
CTEVClaritev Corp.$367.3M65

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 Says One-Third of Adults Now Using AI Health Tools

PYMNTS · 4 Nov 2026neutral

Amwell said it is seeing a fundamental evolution in how corporate buyers and consumers navigate digital medicine. The headline reports that one-third of adults are now using AI health tools.

Why it matters — The comments describe changing consumer and corporate-buyer behavior in digital medicine, which may be relevant to AMWL watchers tracking the company’s market context.

What American Well (AMWL) Said on Its Q3 Earnings Call

MarketBeat · 4 Nov 2026positive

Amwell reported third-quarter 2026 revenue above its guidance range and a narrower adjusted EBITDA loss, citing stronger visit volumes and cost controls. The company reiterated its target of positive adjusted EBITDA and operating cash flow in the fourth quarter.

Why it matters — AMWL watchers may note the results and the company’s stated fourth-quarter profitability and cash-flow target.

American Well Corporation (AMWL) Reports Q3 Loss, Tops Revenue Estimates

Zacks Investment Research · 4 Nov 2026neutral

American Well reported a third-quarter loss of $0.67 per share, slightly wider than the Zacks Consensus Estimate of a $0.66 loss. The loss narrowed from $1.74 per share a year earlier; the headline also says the company topped revenue estimates.

Why it matters — AMWL watchers may note the year-over-year reduction in per-share loss alongside the miss against the consensus loss estimate.

Amwell® Announces Results for the Third Quarter 2026

GlobeNewsWire · 3 Nov 2026neutral

Amwell announced its financial results for the third quarter ended September 30, 2026. CEO Dr. Ido Schoenberg said the company’s single platform is designed to meet health plans’ and employers’ needs for engagement, outcomes, and proof.

Why it matters — The announcement reports a quarterly company update and highlights Amwell’s stated platform focus, topics relevant to AMWL watchers.

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 $18. 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. 89 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AMWL?

As at 4 Nov 2026, American Well Corp. ranks 89 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 Revisions (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 -3.5% from the last close, and Ticker Nerd's factor model ranks American Well Corp. 89 out of 100 as at 4 Nov 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 $18 over the next 12 months.

How has AMWL stock performed over the past year?

American Well Corp. returned +146.3% over the 12 months to 4 Nov 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 (PYMNTS, 4 Nov 2026): "Amwell Says One-Third of Adults Now Using AI Health Tools". Amwell said it is seeing a fundamental evolution in how corporate buyers and consumers navigate digital medicine. The headline reports that one-third of adults are now using AI health tools.

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