American Well Corporation (AMWL)
NYSE: AMWL · Real-Time Price · USD
8.02
+0.18 (2.30%)
Nov 21, 2024, 2:46 PM EST - Market open
American Well Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for American Well stock have an average target of 15.67, with a low estimate of 12 and a high estimate of 20. The average target predicts an increase of 95.39% from the current stock price of 8.02.
Analyst Consensus: Hold
* Price targets were last updated on Aug 6, 2024.
Analyst Ratings
The average analyst rating for American Well stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Oct 31, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Sep 24, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $40 → $15 | Hold | Maintains | $40 → $15 | +87.03% | Aug 6, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 1, 2024 |
| UBS | UBS | Hold Maintains $30 → $12 | Hold | Maintains | $30 → $12 | +49.63% | May 23, 2024 |
Financial Forecast
Revenue This Year
258.30M
from 259.05M
Decreased by -0.29%
Revenue Next Year
324.75M
from 258.30M
Increased by 25.73%
EPS This Year
-16.28
from -47.50
EPS Next Year
-7.83
from -16.28
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 277.7M | 355.1M | 399.7M | ||
| Avg | 258.3M | 324.8M | 352.9M | ||
| Low | 244.1M | 281.9M | 312.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.2% | 37.5% | 23.1% | ||
| Avg | -0.3% | 25.7% | 8.7% | ||
| Low | -5.8% | 9.1% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -15.87 | -5.18 | -3.17 |
| Avg | -16.28 | -7.83 | -5.73 |
| Low | -17.05 | -9.31 | -8.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.