Analysts Set American Well Corporation (NYSE:AMWL) PT at $9.17

American Well Corporation (NYSE:AMWL) has earned an average rating of “Hold” from the eight analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $9.1667.

AMWL has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price objective on American Well from $15.00 to $12.00 and set an “overweight” rating for the company in a research report on Thursday, August 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of American Well in a report on Saturday, September 27th.

Insiders Place Their Bets

In other American Well news, insider Dmitry Zamansky sold 25,605 shares of American Well stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $6.77, for a total value of $173,345.85. Following the completion of the sale, the insider owned 197,711 shares of the company’s stock, valued at approximately $1,338,503.47. This trade represents a 11.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Phyllis Gotlib sold 4,959 shares of American Well stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $6.11, for a total value of $30,299.49. Following the completion of the sale, the insider directly owned 127,151 shares of the company’s stock, valued at approximately $776,892.61. The trade was a 3.75% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 49,383 shares of company stock valued at $331,514. Corporate insiders own 11.82% of the company’s stock.

Hedge Funds Weigh In On American Well

Institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its stake in American Well by 280.6% during the first quarter. Goldman Sachs Group Inc. now owns 64,760 shares of the company’s stock worth $510,000 after acquiring an additional 47,745 shares during the last quarter. Jane Street Group LLC increased its stake in American Well by 232.9% during the first quarter. Jane Street Group LLC now owns 64,112 shares of the company’s stock worth $505,000 after acquiring an additional 44,852 shares during the last quarter. Acadian Asset Management LLC increased its stake in American Well by 19.5% during the first quarter. Acadian Asset Management LLC now owns 188,217 shares of the company’s stock worth $1,481,000 after acquiring an additional 30,669 shares during the last quarter. Norges Bank bought a new stake in American Well during the second quarter worth approximately $250,000. Finally, OMERS ADMINISTRATION Corp increased its stake in American Well by 207.9% during the first quarter. OMERS ADMINISTRATION Corp now owns 32,331 shares of the company’s stock worth $255,000 after acquiring an additional 21,831 shares during the last quarter. 56.05% of the stock is currently owned by hedge funds and other institutional investors.

American Well Stock Up 3.6%

AMWL stock opened at $6.34 on Friday. American Well has a twelve month low of $5.98 and a twelve month high of $12.95. The firm has a market cap of $102.39 million, a PE ratio of -0.79 and a beta of 1.26. The business has a 50 day moving average of $6.92 and a 200 day moving average of $7.27.

American Well (NYSE:AMWL) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($1.24) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.84) by $0.60. American Well had a negative return on equity of 41.99% and a negative net margin of 46.15%.The company had revenue of $70.90 million during the quarter, compared to analyst estimates of $63.87 million. American Well has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that American Well will post -9.34 earnings per share for the current fiscal year.

American Well Company Profile

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.