American Well Corporation (AMWL)
NYSE: AMWL · IEX Real-Time Price · USD
0.295
+0.045 (18.00%)
At close: Jul 2, 2024, 4:00 PM
0.310
+0.015 (5.08%)
After-hours: Jul 2, 2024, 7:57 PM EDT
American Well Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for American Well stock have an average target of 0.80, with a low estimate of 0.60 and a high estimate of 1.00. The average target predicts an increase of 171.19% from the current stock price of 0.30.
Analyst Consensus: Hold
* Price targets were last updated on May 23, 2024.
Analyst Ratings
The average analyst rating for American Well stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $1.5 → $0.6 | Hold | Maintains | $1.5 → $0.6 | +103.39% | May 23, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 2, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $1.75 → $1 | Hold | Maintains | $1.75 → $1 | +238.98% | Apr 15, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $2.5 → $1.75 | Hold | Maintains | $2.5 → $1.75 | +493.22% | Nov 2, 2023 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $5 → $2.5 | Buy → Hold | Downgrades | $5 → $2.5 | +747.46% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
266.77M
from 259.05M
Increased by 2.98%
Revenue Next Year
330.58M
from 266.77M
Increased by 23.92%
EPS This Year
-0.84
from -2.38
EPS Next Year
-0.49
from -0.84
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 277.2M | 360.6M | 413.5M | 456.2M | 500.8M |
| Avg | 266.8M | 330.6M | 374.0M | 404.1M | 435.1M |
| Low | 253.9M | 281.6M | 330.8M | 350.8M | 368.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.0% | 35.2% | 25.1% | 22.0% | 23.9% |
| Avg | 3.0% | 23.9% | 13.1% | 8.1% | 7.7% |
| Low | -2.0% | 5.5% | 0.1% | -6.2% | -8.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.80 | -0.37 | -0.20 |
| Avg | -0.84 | -0.49 | -0.32 |
| Low | -0.88 | -0.60 | -0.41 |
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.