American Well Corp (AMWL)
Health Care · Digital health / Telehealth platforms · NYSE
Amwell provides a comprehensive digital care platform that enables health systems and insurers to deliver virtual health services integrated into their existing clinical workflows.
What American Well Corp does
American Well Corporation provides a digital healthcare platform that enables virtual care delivery services to employers, health plans, government agencies, and healthcare providers. The company's software-based solutions connect patients, providers, and care teams through video consultations, messaging, and integrated clinical workflows. American Well serves as both a direct care provider and a technology platform operator in the digital/virtual care market.
Themes: telehealth, virtual care delivery, digital health transformation, health system digital infrastructure
Fundamentals
- Price$11.92 as of 2026-08-26 close
- Market cap$222M as of 2026-08-27
- 1-year return+70.3% 2025-08-26 close $7.00 → 2026-08-26 close $11.92
- P/En/a negative earnings
- Net margin-35.8% as of 2026-08-27
- Gross margin+52.6% as of 2026-08-27
- ROE-33.3% as of 2026-08-27
- Debt / equity0.00 as of 2026-08-27
- Revenue growth (YoY)-19.0% as of 2026-08-27
- Revenue CAGR (3y)-3.5% SEC XBRL
- Beta1.71 as of 2026-08-27
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
How AMWL compares in its sector
- net profit marginmiddle range 504 covered Health Care peers, as of 2026-08-27
- operating marginmiddle range 504 covered Health Care peers, as of 2026-08-27
- gross marginmiddle range 384 covered Health Care peers, as of 2026-08-27
- return on equitymiddle range 576 covered Health Care peers, as of 2026-08-27
- 3-year revenue CAGRbottom 25% 402 covered Health Care peers
- free cash flow (absolute dollars, latest fiscal year)middle range 493 covered Health Care peers, as of FY2025
Position among covered Health Care companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How American Well Corp looks technically
American Well Corp (AMWL) is trading 73.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 79 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 8 trading days ago (its momentum flipped negative). It made a new 20-day high about 13 trading days ago. It is 16.0% below its highest point of the past year. Trading volume is unusually light — only about 40% of its 30-day average.
Trend
8
| Distance from the 200-day | it is trading 73.1% above its 200-day average, the long-term trend line — a longer-term uptrend | +73.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $10.85 | $10.85 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $6.89 | $6.89 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 21 calendar days ago — the swings before that are what the structure reading is measured on | 21 sessions |
| Wave structure | its recent swings can be read as a completed five-part upward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes above 14.19. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible five-wave upward sequence, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 79 trading days ago — a "golden cross", a bullish long-term signal | 79 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend) | 20.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30) | 51.8 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($11.23 to $14.13) — its "stochastic" reading is 24 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 23.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 8 trading days ago (its momentum flipped negative) | 8 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $14.19 | $14.19 |
|---|---|---|
| From the 52-week high | it is 16.0% below its 52-week high (its highest price of the past year) | -16.0% |
| Above the 52-week low | it is 221.3% above its 52-week low (its lowest price of the past year) | +221.3% |
| Below the 52-week high | it is 16.0% below its highest point of the past year | 16.0% |
| Since a 20-day breakout | it made a new 20-day high about 13 trading days ago | 13 sessions |
| Since a 55-day breakout | it made a new 55-day high about 13 trading days ago | 13 sessions |
| All-time high | its highest closing price on record is $875.00 (set on 2021-01-27) | $875.00 |
| Given back of the 52-week move | over the past year its closes ranged ($3.78 to $13.58), and it has given back roughly a quarter of its rise from last year’s low — 17% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $7.21 to $7.52. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 16.9% |
| From the all-time high | it is 98.6% below its all-time high | -98.6% |
| Nearest price level | it is trading 8.3% above a support level at $10.93 — a price it turned at twice since 2024-09-24, most recently on 2025-02-13. Since 2024-08-26 it has 15 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -8.3% |
| All-time low | its lowest closing price on record is $3.71 (set on 2025-11-21) | $3.71 |
| Above the all-time low | it is 221.3% above its all-time low | +221.3% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 46th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.7934 between its high and its low — about 6.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.7934 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $10.35 and $13.95 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $10.35 – $12.15 – $13.95 |
| Typical daily range (% of price) | its price moves about 6.7% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 6.7% |
| Stretch from the 200-day average | it is trading 6.3 daily ranges above its 200-day average price (73.1% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.3 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 40% of its 30-day average | 0.40× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
3
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a hammer | 3 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 3 sessions ago |
| Since a bearish engulfing | 1 session ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 1 session ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-26 0.4% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.4% |
|---|---|---|
| Open gap | it gapped 7.3% above the previous close 15 sessions ago and has not traded back through the level it left behind at 10.42 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +7.3% |
| Gap filled | a 6.0% gap up opened on 2026-06-24 has been "filled" 43 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 43 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 6.6 percentage points (the stock gained 10.3% while the market gained 3.7%) | +6.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 38.5 percentage points (the stock gained 40.6% while the market gained 2.1%) | +38.5% |
| vs market, 6 months | over the past 6 months this stock beat the market by 96.2 percentage points (the stock gained 107.3% while the market gained 11.1%) | +96.2% |
| vs market, 12 months | over the past 12 months this stock beat the market by 51.5 percentage points (the stock gained 70.3% while the market gained 18.7%) | +51.5% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 9.3% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-21 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thick, spanning 9.7% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +9.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 46% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $8.19 — a volume-weighted average of daily closes over 160 sessions, not a true tick-by-tick VWAP. | +45.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 5% below the average price paid since it last reported on 2026-08-04 (its 10-Q), so the typical buyer over that stretch is under water. That average is $12.59 — a volume-weighted average of daily closes over 17 sessions, not a true tick-by-tick VWAP. | -5.3% |
Price levels it has turned at before
AMWL last closed at $11.92 on 2026-08-26. Since 2024-08-26 it has turned at 15 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $10.93 | Support | 8.3% below the last close | turned there twice · 2024-09-24 to 2025-02-13 |
| $9.99 | Support | 16.2% below the last close | turned there four times · 2024-12-10 to 2026-08-04 |
| $8.99 | Support | 24.5% below the last close | turned there twice · 2024-10-01 to 2025-07-25 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $14.19.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-26.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · beating the market · Most volatile (6%+ typical daily range) · Stretched far above its 200-day average (6+ daily ranges) · Under water since its last earnings report (below the anchored VWAP) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-26. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.71 mean, 1=Strong Buy…5=Strong Sell) — 5 analysts
- Mean price target$12.80 range $11.00 – $16.00; median $12.00
Analyst estimates, as of 2026-08-25. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for AMWL
- Consensus EPS estimate-$0.66 next reporting period, as of 2026-08-25
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Uncertain market adoption and slower-than-expected growth of the digital care market.","Intense competition from traditional digital care players, large technology firms, and EHR providers leading to pricing pressure.","Risk of technological or market obsolescence due to rapid industry changes and evolving standards."]
What changed in the latest 10-Q
AI-assisted comparison of AMWL's 10-Q filed 2026-05-05 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-05) references Form 10-K filed on February 12, 2026, whereas older filing (2025-11-04) references Form 10-K filed on February 12, 2025
- Newer filing states 'As of December 31, 2025' for covered lives metric, whereas older filing states 'As of December 31, 2024'
- Newer filing reports approximately 90 million covered lives, whereas older filing reports approximately 80 million covered lives
- Newer filing reports approximately 80 health systems, whereas older filing reports approximately 100 health systems
- Newer filing reports approximately 38.7 million virtual care visits since inception and approximately 1.1 million in three months ended March 31, 2026
- Older filing reports approximately 36.6 million virtual care visits since inception and approximately 3.6 million in nine months ended September 30, 2025
- Removed:
- Older filing references 'Amwell Converge™ Platform' branding; newer filing refers to it simply as 'The Amwell Platform' without the Converge trademark and descriptive language
- Older filing includes phrase 'our cloud-based enablement platform' describing the platform; newer filing omits this descriptor
- Older filing refers to 'our enterprise platform and software as a service solutions' in business model section; newer filing refers to 'the Amwell Platform' as shorthand
- Reworded:
- Newer filing: 'The Amwell Platform delivers' versus older filing: 'The Amwell Converge platform delivers'
- Newer filing: 'The Amwell Platform, is our go-forward strategy' versus older filing: 'The Amwell Converge platform, our cloud-based enablement platform, is our go-forward strategy'
- Newer filing simplifies platform naming from 'Amwell Converge™' (with trademark) to 'Amwell Platform' throughout the section
- Newer filing: 'We sell the Amwell Platform on a subscription basis' versus older filing: 'We sell our enterprise platform and software as a service solutions on a subscription basis'
- Notes:
- The newer filing text appears truncated at the end of the Business Model section, limiting full comparison of that section
- The older filing text is also truncated at the same Business Model section endpoint, making complete comparison of remaining content impossible
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 8 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 8 sells ($413583) — 5 selling insiders
- Last 180 days1 buy ($4938) · 8 sells ($413583) — 1 buying, 5 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-07-01. As of 2026-08-27.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about AMWL's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding AMWL as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 744,889
- Reported value $3,918,116
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
AMWL had 162,483 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for AMWL because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 162,483
- Prior settlement (shares) 188,347
- Reported change -13.73%
- Days to cover (reported) 1.13
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Teladoc Health (TDOC)
- Included Health
- MDLive (Elevance Health)
- Doximity (DOCS)
- Zoom Video Communications (ZM)
- Microsoft Teams (MSFT)
- Amazon One Medical (AMZN)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare AMWL vs…
Frequently asked questions
What does American Well Corp (AMWL) do?
American Well Corporation provides a digital healthcare platform that enables virtual care delivery services to employers, health plans, government agencies, and healthcare providers. The company's software-based solutions connect patients, providers, and care teams through video consultations, messaging, and integrated clinical workflows. American Well serves as both a direct care provider and a technology platform operator in the digital/virtual care market.
What sector is American Well Corp (AMWL) in?
American Well Corp (AMWL) is classified in the Health Care sector. Its industry is Digital health / Telehealth platforms. It trades on NYSE.
Who are American Well Corp's (AMWL) competitors?
Notable peers of American Well Corp (AMWL) include Teladoc Health, Included Health, MDLive (Elevance Health), Doximity and Zoom Video Communications. This peer set is informational only — not financial advice.
Is American Well Corp (AMWL) overbought or oversold right now?
American Well Corp (AMWL) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 52, in the neutral middle (as of 2026-08-26). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AMWL come from?
Fundamentals and prices come from market data, as of 2026-08-27; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-27. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.