American Well (AMWL) Projected to Post Earnings on Thursday

American Well (NYSE:AMWL - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect American Well to post earnings of ($3.09) per share and revenue of $60.15 million for the quarter. American Well has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

American Well (NYSE:AMWL - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported ($2.77) earnings per share for the quarter, beating analysts' consensus estimates of ($3.04) by $0.27. American Well had a negative net margin of 81.83% and a negative return on equity of 56.73%. On average, analysts expect American Well to post $-9 EPS for the current fiscal year and $-6 EPS for the next fiscal year.

American Well Price Performance

Shares of AMWL stock traded down $0.15 during trading hours on Friday, hitting $7.69. The stock had a trading volume of 35,231 shares, compared to its average volume of 92,305. The firm has a market capitalization of $120.07 million, a PE ratio of -0.55 and a beta of 1.22. The stock's 50 day moving average is $8.14 and its 200 day moving average is $8.93. American Well has a twelve month low of $5.00 and a twelve month high of $12.95.

Insiders Place Their Bets

In other American Well news, insider Phyllis Gotlib sold 4,781 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $8.80, for a total value of $42,072.80. Following the transaction, the insider now owns 147,998 shares of the company's stock, valued at approximately $1,302,382.40. This represents a 3.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold 5,219 shares of company stock worth $46,454 in the last ninety days. Insiders own 12.80% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Truist Financial reduced their price target on shares of American Well from $12.00 to $7.50 and set a "hold" rating on the stock in a report on Thursday, April 10th. Wells Fargo & Company raised shares of American Well from an "equal weight" rating to an "overweight" rating and set a $15.00 target price on the stock in a research report on Monday, January 13th. Stifel Nicolaus raised their price objective on American Well from $9.00 to $10.00 and gave the stock a "hold" rating in a report on Thursday, February 13th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of American Well in a report on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, American Well has a consensus rating of "Hold" and an average price target of $11.00.

About American Well

American Well Corporation, an enterprise platform and software company, delivers digitally enabling hybrid care in the United States and internationally. The company offers Converge, a cloud-based platform that enables health providers, payers, and innovators to provide in-person, virtual and automated care; and delivers virtual primary care, post-discharge follow-up, chronic condition management, virtual nursing, e-sitting, on-demand and scheduled virtual visits, specialty consults, automated care, and behavioral health, as well as specialty care programs, including dermatology, musculoskeletal care, second opinion, and cardiometabolic care to patients and members.