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AMWL
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AMWLAmerican Well Corporation
$11.91$203M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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AMWL logo

American Well Corporation

AMWL
NYSE · Healthcare Software & Telehealth
$11.91
At close - Nov 6, 4:00 PM EST - USD
Market Cap$203M
P/E-3.6x
52W High$15.16
Volume110.59K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Shrinking Revenue Base Struggles to Reach Operating Breakeven

American Well's top line has contracted from $71.0M in 2024Q4 to $49.0M in 2026Q3, with the latest quarter down 13.0% year over year, suggesting demand has not yet stabilized.

GrowthContracting
ProfitabilityWeak
ValuationReview
TechnicalsMixed
Explore valuation models
MARKET ACTION

AMWL price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-106% Peers

P/E is 106% below peer median

03

Market leadership

RS 95 · Leader

High momentum (Outperforming 95% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Feb 3

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
AMWL+145.57%
S&P 500 (^GSPC)+7.63%
1-Year Return
AMWL+191.20%
S&P 500 (^GSPC)+9.69%
3-Year Return
AMWL-51.19%
S&P 500 (^GSPC)+66.91%
5-Year Return
AMWL-93.33%
S&P 500 (^GSPC)+55.42%

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$249M-2.0% YoY
Net income FY25
-$96M+54.0% YoY
Free cash flow FY25
-$66M+53.7% YoY
Operating margin FY25
-42.2%+43.3 pts YoY
ROIC (FY25)-95.1%
Avg ROIC 5Y-93.7%
ROE (TTM)-24.1%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate9/12 (75%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 3, 2026
-$0.67+13.5%
vs -$0.78
$49M+3.6%
vs $47M
Q3 2026
Aug 4, 2026
-$0.59+31.4%
vs -$0.86
$52M+4.4%
vs $50M
Q2 2026
May 5, 2026
-$0.66+14.3%
vs -$0.77
$55M+6.5%
vs $52M
Q1 2026
Feb 12, 2026
-$1.43+10.1%
vs -$1.59
$55M+5.1%
vs $53M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·1d ago
Amwell makes grant to new employees under inducement plan

BOSTON, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Amwell ®  (NYSE: AMWL), a leading provider of a comprehensive SaaS-based software platform for technology-enabled healthcare, announces that on November 6, Amwell made grants of RSUs covering an aggregate of 5,761 shares of its Class A common stock to two new employees. The grants were offered as material inducement to the employees' employment with Amwell. The RSUs will vest as follows, subject to the applicable employee's continued employment through the applicable vesting date: 25% of the RSUs will vest upon the first anniversary of the grant date (“Initial Vesting Date”), and the remaining 75% of the RSUs will vest in equal pro rata increments every three months thereafter (beginning on the first calendar day of the month following the date that is three months following the Initial Vesting Date) for three years until such RSUs are vested in full.

MarketBeat·4d ago
What American Well (AMWL) Said on Its Q3 Earnings Call

American Well NYSE: AMWL, known as Amwell, reported third-quarter 2026 revenue above its guidance range and narrowed its adjusted EBITDA loss as stronger visit volumes and cost controls helped support its target of reaching positive adjusted EBITDA and operating cash flow in the fourth quarter.

Seeking Alpha·4d ago
American Well Corporation (AMWL) Q3 2026 Earnings Call Transcript

American Well Corporation (AMWL) Q3 2026 Earnings Call Transcript

Zacks Investment Research·4d ago
American Well Corporation (AMWL) Reports Q3 Loss, Tops Revenue Estimates

American Well Corporation (AMWL) came out with a quarterly loss of $0.67 per share versus the Zacks Consensus Estimate of a loss of $0.66. This compares to a loss of $1.74 per share a year ago.

Filtered for American Well CorporationMore Headlines
04

Compare before deciding

Benchmark AMWL against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for American Well Corporation (AMWL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
AMWL logoAMWLAmerican Well CorporationCurrent
$11.91$202.57M-3.56-1.98%-27.03%-24.11%—
TDOC logoTDOCTeladoc Health, Inc.
$8.77$1.58B-10.30-1.54%-6.27%-11.63%—
DOCS logoDOCSDoximity, Inc.
$32.51$6.08B43.7013.05%21.12%14.81%—
HIMS logoHIMSHims & Hers Health, Inc.
$26.00$5.8B-42.4259%-5.51%-30.03%—
OPRX logoOPRXOptimizeRx Corp.
$8.76$164.38M35.7718.78%4.66%3.6%—
CLOV logoCLOVClover Health Investments, Corp.
$4.82$2.5B216.1440.34%0.45%3.52%—

Compare AMWL vs Peers

American Well Corporation (AMWL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TDOC

Most directly comparable listed peer for AMWL.

Scale Benchmark

vs WELL

Larger-name benchmark to compare AMWL against a more recognizable public peer.

Peer Set

Compare Top 5

vs TDOC, DOCS, HIMS, OPRX

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

AMWL SEC Filings & Documents

American Well Corporation (AMWL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 3, 2026·SEC

Material company update

Aug 4, 2026·SEC

Material company update

Jul 21, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 12, 2026·SEC

FY 2025

Feb 12, 2025·SEC

FY 2024

Feb 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 3, 2026·SEC

FY 2026

Aug 4, 2026·SEC

FY 2026

May 5, 2026·SEC

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AMWL Frequently Asked Questions

American Well Corporation (AMWL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is American Well Corporation's revenue?

American Well Corporation (AMWL) reported $211.2M in revenue over the trailing twelve months. Revenue was $249.3M in fiscal year 2025. That is 119% more than the $114.0M of fiscal year 2018.

How fast is American Well Corporation growing?

American Well Corporation (AMWL) revenue fell by 20.3% over the trailing twelve months, compared with the twelve months before.

Is AMWL profitable?

No. American Well Corporation (AMWL) reported a net loss of $57.1M over the trailing twelve months.

Dividend & Returns
What is AMWL's return on equity?

American Well Corporation (AMWL) had a return on equity (ROE) of -24.1% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is American Well Corporation's free cash flow?

American Well Corporation (AMWL) had negative free cash flow of $19.3M over the trailing twelve months.

What if you invested $1,000 in AMWL back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →