American Well (NYSE:AMWL - Get Free Report) announced its earnings results on Wednesday. The company reported ($2.77) EPS for the quarter, topping the consensus estimate of ($3.04) by $0.27, Zacks reports. American Well had a negative net margin of 84.27% and a negative return on equity of 52.49%. American Well updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.
American Well Price Performance
Shares of American Well stock traded up $0.44 during midday trading on Friday, hitting $12.17. The company had a trading volume of 239,844 shares, compared to its average volume of 57,283. The business's 50 day simple moving average is $9.31 and its two-hundred day simple moving average is $9.18. The stock has a market cap of $186.37 million, a PE ratio of -0.83 and a beta of 1.18. American Well has a 1-year low of $5.00 and a 1-year high of $29.00.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on AMWL shares. Wells Fargo & Company raised shares of American Well from an "equal weight" rating to an "overweight" rating and set a $15.00 price target for the company in a research report on Monday, January 13th. Needham & Company LLC reissued a "hold" rating on shares of American Well in a research report on Thursday. Stifel Nicolaus increased their price target on shares of American Well from $9.00 to $10.00 and gave the stock a "hold" rating in a research report on Thursday. Morgan Stanley cut their price objective on shares of American Well from $20.00 to $10.50 and set an "equal weight" rating on the stock in a research report on Tuesday, December 17th. Finally, Truist Financial raised their price objective on shares of American Well from $10.00 to $12.00 and gave the company a "hold" rating in a research report on Friday. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, American Well currently has an average rating of "Hold" and an average target price of $11.90.
View Our Latest Research Report on AMWL
About American Well
(
Get Free Report)
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.
Further Reading
Before you consider American Well, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Well wasn't on the list.
While American Well currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
