American Well (AMWL) Stock Forecast, Price Target & Predictions

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AMWL Stock Forecast

American Well stock forecast is as follows: an average price target of $8.40 (represents a 7.14% upside from AMWL’s last price of $7.84) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.

AMWL Price Target

The average price target for American Well (AMWL) is $8.40 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $15.00 to $5.00. This represents a potential 7.14% upside from AMWL's last price of $7.84.

AMWL Analyst Ratings

Hold

According to 6 Wall Street analysts, American Well's rating consensus is 'Hold'. The analyst rating breakdown for AMWL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

American Well Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jan 06, 2023	-	Morgan Stanley	$6.00	$3.18	88.68%	-23.47%
Sep 07, 2022	Jessica Tassan	Piper Sandler	$5.00	$4.33	15.47%	-36.22%
Dec 17, 2021	Ricky Goldwasser	Morgan Stanley	$9.00	$6.43	39.97%	14.80%
Dec 01, 2021	Glen Santangelo	Jefferies	$6.00	$6.22	-3.54%	-23.47%
Nov 12, 2021	Kevin Caliendo	UBS	$10.00	$8.66	15.47%	27.55%
Sep 14, 2021	Steven Halper	Cantor Fitzgerald	$15.00	$10.35	44.93%	91.33%

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The latest American Well stock forecast, released on Jan 06, 2023 by Morgan Stanley company, set a price target of $6.00, which represents a 88.68% increase from the stock price at the time of the forecast ($3.18), and a -23.47% decrease from AMWL last price ($7.84).

American Well Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$7.84	$7.84	$7.84
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of American Well stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to American Well's last price of $7.84. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 24, 2024	Cowen & Co.	Hold	Hold	Hold
Sep 24, 2024	Needham	Hold	Hold	Hold
Aug 01, 2024	Cowen & Co.	Hold	Hold	Hold
May 30, 2024	Piper Sandler	Neutral	Neutral	Hold
Jan 06, 2023	Morgan Stanley	Overweight	Overweight	Hold
Jan 04, 2023	Bank of America Securities	-	Buy	Upgrade
Jun 23, 2022	Piper Sandler	Overweight	Overweight	Hold
Feb 28, 2022	Wells Fargo	Equal-Weight	Equal-Weight	Hold
May 14, 2021	Piper Sandler	Overweight	Overweight	Hold

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American Well's last stock rating was published by Cowen & Co. on Sep 24, 2024. The company gave AMWL a "Hold" rating, the same as its previous rate.

American Well Financial Forecast

American Well Revenue Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$70.68M	-	-	$64.00M	$79.23M	$69.21M	$64.52M	$64.23M	$72.75M	$62.22M	$60.22M	$57.60M	$60.43M	$62.55M
Avg Forecast	$105.60M	$102.16M	$98.93M	$90.45M	$89.75M	$88.43M	$86.19M	$82.24M	$81.42M	$78.55M	$77.91M	$74.30M	$66.58M	$62.87M	$61.57M	$60.53M	$70.16M	$63.07M	$65.87M	$64.71M	$78.08M	$68.24M	$64.13M	$64.94M	$68.95M	$64.93M	$61.51M	$58.76M	$54.55M	$55.59M
High Forecast	$112.22M	$108.56M	$105.13M	$96.12M	$95.38M	$93.97M	$91.60M	$87.40M	$86.53M	$83.48M	$82.80M	$74.87M	$75.15M	$63.09M	$61.57M	$60.53M	$71.29M	$65.02M	$70.00M	$68.77M	$82.98M	$68.24M	$64.13M	$64.94M	$68.95M	$64.93M	$61.51M	$58.76M	$54.55M	$55.59M
Low Forecast	$101.68M	$98.37M	$95.26M	$87.09M	$86.43M	$85.15M	$83.00M	$79.19M	$78.40M	$75.64M	$75.02M	$73.37M	$63.59M	$62.64M	$61.57M	$60.53M	$69.53M	$59.88M	$63.43M	$62.31M	$75.19M	$68.24M	$64.13M	$64.94M	$68.95M	$64.93M	$61.51M	$58.76M	$54.55M	$55.59M
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	6	3	4	4	5	11	5	9	5	4	4	7	5	5	10	7	5	5
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	-	-	0.99%	1.01%	1.01%	1.01%	0.99%	1.06%	0.96%	0.98%	0.98%	1.11%	1.13%

American Well's average Quarter revenue forecast for Mar 24 based on 4 analysts is $60.53M, with a low forecast of $60.53M, and a high forecast of $60.53M. AMWL's average Quarter revenue forecast represents a -14.36% decrease compared to the company's last Quarter revenue of $70.68M (Dec 23).

American Well EBITDA Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	6	3	4	4	5	11	5	9	5	4	4	7	5	5	10	7	5	5
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-32.70M	-	$-83.14M	$270.54M	$-58.22M	$-64.73M	$-62.68M	$-63.88M	$-41.15M	$-52.23M	$-35.05M	$-36.31M	$-47.00M	$-60.17M
Avg Forecast	$-81.80M	$-79.14M	$-76.64M	$-70.07M	$-69.53M	$-68.50M	$-66.77M	$-63.71M	$-63.08M	$-60.85M	$-60.36M	$-57.56M	$-51.57M	$-48.70M	$-47.70M	$-77.03M	$-54.35M	$-48.86M	$-51.03M	$-70.03M	$-60.35M	$-52.71M	$-49.54M	$-55.36M	$-53.27M	$-50.16M	$-47.51M	$-42.05M	$-42.14M	$-77.36M
High Forecast	$-78.77M	$-76.20M	$-73.79M	$-67.47M	$-66.95M	$-65.96M	$-64.30M	$-61.35M	$-60.74M	$-58.60M	$-58.12M	$-56.83M	$-49.26M	$-48.53M	$-47.70M	$-61.63M	$-53.86M	$-46.39M	$-49.14M	$-56.02M	$-48.28M	$-52.71M	$-49.54M	$-44.29M	$-53.27M	$-50.16M	$-47.51M	$-33.64M	$-42.14M	$-61.89M
Low Forecast	$-86.93M	$-84.10M	$-81.44M	$-74.46M	$-73.89M	$-72.80M	$-70.96M	$-67.70M	$-67.03M	$-64.67M	$-64.14M	$-58.00M	$-58.21M	$-48.87M	$-47.70M	$-92.44M	$-55.22M	$-50.37M	$-54.23M	$-84.04M	$-72.43M	$-52.71M	$-49.54M	$-66.43M	$-53.27M	$-50.16M	$-47.51M	$-50.45M	$-42.14M	$-92.84M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.60%	-	1.63%	-3.86%	0.96%	1.23%	1.27%	1.15%	0.77%	1.04%	0.74%	0.86%	1.12%	0.78%

5 analysts predict AMWL's average Quarter EBITDA for Jun 23 to be $-51.03M, with a high of $-49.14M and a low of $-54.23M. This is -118.86% lower than American Well's previous annual EBITDA (Mar 23) of $270.54M.

American Well Net Income Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	6	3	4	4	5	11	5	9	5	4	4	7	5	5	10	7	5	5
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-48.59M	-	$-92.47M	$-397.86M	$-60.67M	$-69.98M	$-69.10M	$-70.04M	$-46.87M	$-51.49M	$-37.86M	$-39.19M	$-50.31M	$-63.08M
Avg Forecast	$-7.57M	$-8.17M	$-9.84M	$-12.56M	$-20.73M	$-19.72M	$-20.91M	$-25.17M	$-30.00M	$-30.52M	$-31.90M	$-37.00M	$-44.32M	$-51.56M	$-60.33M	$-84.74M	$-59.89M	$-63.34M	$-67.78M	$-77.04M	$-70.10M	$-76.91M	$-77.83M	$-60.90M	$-81.31M	$-70.56M	$-57.47M	$-45.38M	$-67.48M	$-81.10M
High Forecast	$-7.20M	$-7.78M	$-9.36M	$-11.96M	$-19.73M	$-18.77M	$-19.90M	$-23.96M	$-28.56M	$-29.05M	$-30.37M	$-27.37M	$-37.11M	$-49.08M	$-57.42M	$-67.80M	$-56.74M	$-54.30M	$-64.51M	$-61.63M	$-56.08M	$-76.91M	$-77.83M	$-48.72M	$-81.31M	$-70.56M	$-57.47M	$-36.30M	$-67.48M	$-64.88M
Low Forecast	$-8.18M	$-8.84M	$-10.64M	$-13.59M	$-22.42M	$-21.33M	$-22.62M	$-27.22M	$-32.45M	$-33.00M	$-34.50M	$-54.98M	$-49.42M	$-55.76M	$-65.24M	$-101.69M	$-66.20M	$-75.41M	$-73.31M	$-92.45M	$-84.12M	$-76.91M	$-77.83M	$-73.08M	$-81.31M	$-70.56M	$-57.47M	$-54.45M	$-67.48M	$-97.32M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.81%	-	1.36%	5.16%	0.87%	0.91%	0.89%	1.15%	0.58%	0.73%	0.66%	0.86%	0.75%	0.78%

American Well's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. AMWL's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

American Well SG&A Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	6	3	4	4	5	11	5	9	5	4	4	7	5	5	10	7	5	5
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$46.19M	-	$57.87M	$59.10M	$64.30M	$56.17M	$53.63M	$53.87M	$35.94M	$50.75M	$39.00M	$35.09M	$42.83M	$56.87M
Avg Forecast	$81.33M	$78.68M	$76.19M	$69.66M	$69.13M	$68.11M	$66.39M	$63.34M	$62.71M	$60.50M	$60.01M	$57.23M	$51.28M	$48.42M	$47.42M	$46.62M	$54.04M	$48.58M	$50.73M	$59.26M	$52.71M	$52.55M	$49.39M	$46.84M	$53.11M	$50.01M	$47.37M	$40.63M	$42.02M	$42.82M
High Forecast	$86.43M	$83.61M	$80.97M	$74.03M	$73.46M	$72.38M	$70.55M	$67.31M	$66.64M	$64.29M	$63.77M	$57.66M	$57.88M	$48.59M	$47.42M	$46.62M	$54.90M	$50.08M	$53.91M	$71.11M	$63.26M	$52.55M	$49.39M	$56.21M	$53.11M	$50.01M	$47.37M	$48.75M	$42.02M	$42.82M
Low Forecast	$78.32M	$75.76M	$73.37M	$67.08M	$66.57M	$65.58M	$63.93M	$61.00M	$60.39M	$58.26M	$57.78M	$56.51M	$48.98M	$48.25M	$47.42M	$46.62M	$53.55M	$46.12M	$48.85M	$47.41M	$42.17M	$52.55M	$49.39M	$37.47M	$53.11M	$50.01M	$47.37M	$32.50M	$42.02M	$42.82M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.85%	-	1.14%	1.00%	1.22%	1.07%	1.09%	1.15%	0.68%	1.01%	0.82%	0.86%	1.02%	1.33%

American Well's average Quarter SG&A projection for Mar 24 is $46.62M, based on 4 Wall Street analysts, with a range of $46.62M to $46.62M. The forecast indicates a 0.94% rise compared to AMWL last annual SG&A of $46.19M (Dec 23).

American Well EPS Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	4	4	4	4	4	4	4	4	3	3	3	5	6	3	4	4	5	11	5	9	5	4	4	7	5	5	10	7	5	5
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.00	-	$-0.33	$-1.42	$-0.22	$-0.25	$-0.25	$-0.26	$-0.18	$-0.20	$-0.15	$-0.16	$-0.21	$-0.92
Avg Forecast	$-0.50	$-0.54	$-0.65	$-0.83	$-1.37	$-1.30	$-1.38	$-1.66	$-1.98	$-2.02	$-2.11	$-2.44	$-2.93	$-3.41	$-3.99	$-4.00	$-3.96	$-4.19	$-4.48	$-4.23	$-5.10	$-5.17	$-5.23	$-4.77	$-5.47	$-4.74	$-3.86	$-3.83	$-4.54	$-5.85
High Forecast	$-0.48	$-0.51	$-0.62	$-0.79	$-1.30	$-1.24	$-1.32	$-1.58	$-1.89	$-1.92	$-2.01	$-1.81	$-2.45	$-3.24	$-3.79	$-3.80	$-3.75	$-3.59	$-4.26	$-4.02	$-4.86	$-5.17	$-5.23	$-4.77	$-5.47	$-4.74	$-3.86	$-3.83	$-4.54	$-5.85
Low Forecast	$-0.54	$-0.58	$-0.70	$-0.90	$-1.48	$-1.41	$-1.49	$-1.80	$-2.14	$-2.18	$-2.28	$-3.63	$-3.27	$-3.68	$-4.31	$-4.32	$-4.37	$-4.98	$-4.84	$-4.57	$-5.52	$-5.17	$-5.23	$-4.77	$-5.47	$-4.74	$-3.86	$-3.83	$-4.54	$-5.85
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	-	0.07%	0.34%	0.04%	0.05%	0.05%	0.05%	0.03%	0.04%	0.04%	0.04%	0.05%	0.16%

According to undefined Wall Street analysts, American Well's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to AMWL previous annual EPS of $NaN (undefined).

American Well Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
TDOC	Teladoc Health	$9.00	$50.87	465.22%	Hold
HCAT	Health Catalyst	$7.36	$29.25	297.42%	Buy
GDRX	GoodRx	$4.31	$14.57	238.05%	Buy
DH	Definitive Healthcare	$4.10	$9.50	131.71%	Hold
TXG	10x Genomics	$13.32	$30.20	126.73%	Hold
CERT	Certara	$9.55	$19.33	102.41%	Buy
PHR	Phreesia	$18.52	$36.31	96.06%	Buy
PGNY	Progyny	$13.98	$25.29	80.90%	Hold
PRVA	Privia Health Group	$20.79	$33.82	62.67%	Buy
SDGR	Schrödinger	$19.17	$28.50	48.67%	Buy
GEHC	GE HealthCare	$84.90	$93.90	10.60%	Buy
VEEV	Veeva Systems	$210.63	$229.71	9.06%	Buy
AMWL	American Well	$7.84	$8.40	7.14%	Hold
DOCS	Doximity	$49.90	$49.10	-1.60%	Buy

AMWL Forecast FAQ

Is American Well a good buy?

No, according to 6 Wall Street analysts, American Well (AMWL) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 33.33% of AMWL's total ratings.

What is AMWL's price target?

American Well (AMWL) average price target is $8.4 with a range of $5 to $15, implying a 7.14% from its last price of $7.84. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will American Well stock go up soon?

According to Wall Street analysts' prediction for AMWL stock, the company can go up by 7.14% (from the last price of $7.84 to the average price target of $8.4), up by 91.33% based on the highest stock price target, and down by -36.22% based on the lowest stock price target.

Can American Well stock reach $12?

AMWL's highest twelve months analyst stock price target of $15 supports the claim that American Well can reach $12 in the near future.

What are American Well's analysts' financial forecasts?

American Well's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $346.62M (high $368.35M, low $333.77M), average EBITDA is $-269M (high $-259M, low $-285M), average net income is $-86.531M (high $-82.36M, low $-93.583M), average SG&A $266.97M (high $283.7M, low $257.07M), and average EPS is $-5.717 (high $-5.442, low $-6.183). AMWL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $397.13M (high $422.02M, low $382.41M), average EBITDA is $-308M (high $-296M, low $-327M), average net income is $-38.141M (high $-36.303M, low $-41.25M), average SG&A $305.87M (high $325.04M, low $294.53M), and average EPS is $-2.52 (high $-2.399, low $-2.725).

Did the AMWL's actual financial results beat the analysts' financial forecasts?

Based on American Well's last annual report (Dec 2022), the company's revenue was $277.19M, beating the average analysts forecast of $275.39M by 0.65%. Apple's EBITDA was $-250M, beating the average prediction of $-218M by 14.56%. The company's net income was $-270M, missing the average estimation of $-286M by -5.58%. Apple's SG&A was $227.98M, beating the average forecast of $201.5M by 13.14%. Lastly, the company's EPS was $-0.98, missing the average prediction of $-20.276 by -95.17%. In terms of the last quarterly report (Dec 2023), American Well's revenue was $70.68M, beating the average analysts' forecast of $70.16M by 0.73%. The company's EBITDA was $-32.697M, missing the average prediction of $-54.352M by -39.84%. American Well's net income was $-48.587M, missing the average estimation of $-59.891M by -18.87%. The company's SG&A was $46.19M, missing the average forecast of $54.04M by -14.53%. Lastly, the company's EPS was $-0.0002, missing the average prediction of $-3.957 by -99.99%