AMWL
American Well Corporation
AMWL lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
AMWL Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Under pressure | |
| Unavailable |
AMWL's revenue, profitability and cash flow are currently under pressure. There isn't enough data to rate its balance sheet.
AMWL PE Valuation
AMWL has no meaningful PE right now: it lost money over the past year.
AMWL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect AMWL's losses to shrink, with revenue holding steady. However, they disagree widely on these estimates.
AMWL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.45 | +$3.63 |
| Q2 2026 | -$4.78 | +$3.17 |
| Q1 2026 | -$5.43 | +$4.64 |
| Q4 2025 | -$5.96 | +$7.92 |
| Q3 2025 | -$7.08 | +$7.15 |
| Q2 2025 | -$7.95 | +$13.01 |
| Q1 2025 | -$10.07 | +$14.13 |
| Q4 2024 | -$13.88 | +$33.72 |
AMWL is still losing money, but far less than before: $3.45 per share over the past year, against $81.23 at its worst in late 2020.
AMWL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49M | -13% |
| Q2 2026 | $52M | -27% |
| Q1 2026 | $54.9M | -18% |
| Q4 2025 | $55.3M | -22% |
| Q3 2025 | $56.3M | -7.8% |
| Q2 2025 | $70.9M | +13% |
| Q1 2025 | $66.8M | +12% |
| Q4 2024 | $71M | +0.5% |
AMWL's revenue has slid since its 2022 peak: $49M last quarter, down 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +28 points |
| Q2 2026 | -18% | +10 points |
| Q1 2026 | -32% | +14 points |
| Q4 2025 | -45% | +15 points |
| Q3 2025 | -52% | +26 points |
| Q2 2025 | -29% | +55 points |
| Q1 2025 | -46% | +81 points |
| Q4 2024 | -60% | +20 points |
AMWL's operating margin was −24% last quarter, up 28 points from the same quarter a year ago, near the top of its range since 2019.
AMWL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$11.7M | +$7.1M |
| Q2 2026 | $10.7M | +$15.4M |
| Q1 2026 | -$988K | +$24.1M |
| Q4 2025 | -$17.4M | -$3.9M |
| Q3 2025 | -$18.8M | +$13.6M |
| Q2 2025 | -$4.7M | +$17.1M |
| Q1 2025 | -$25.1M | +$34.7M |
| Q4 2024 | -$13.4M | +$28.2M |
AMWL has burned cash in almost every quarter: −$19M over the past year, against −$62M the year before.
AMWL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.8% | +299K shares |
| 1 year | +5.2% | +845K shares |
| 3 years | +19% | +2.8M shares |
| 5 years | +33% | +4.2M shares |
| Available history | +772% | +15.1M shares |
AMWL has 17M diluted shares, up 5.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1,000 |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $1,000 |
| Q3 2025 | $1,000 |
| Q2 2025 | $1,000 |
| Q1 2025 | $1,000 |
| Q4 2024 | $2,000 |
AMWL has spent almost nothing on buybacks in the past year.
AMWL Net Leverage
AMWL's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AMWL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.2 | Neutral |
| Stochastic | 37.6 | Neutral |
AMWL's weekly RSI is 54 (neutral) and its Stochastic is 38 (neutral).
AMWL PE vs Healthcare Sector
AMWL has no meaningful PE right now: it lost money over the past year.
AMWL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.6 | 4.1% below |
| 20 week MA | $12.2 | 1.4% below |
| 50 week MA | $8.53 | 41% above |
| 100 week MA | $7.98 | 51% above |
| 200 week MA | $17.1 | 30% below |
AMWL's trend is mixed: it's above two of its five weekly moving averages, and 30% below its 200-week average.
AMWL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $460.4 | $595.0 | +29% |
| 2021 | $595.0 | $128.6 | -78% |
| 2022 | $128.6 | $61.6 | -52% |
| 2023 | $61.6 | $29.8 | -52% |
| 2024 | $29.8 | $7.80 | -74% |
| 2025 | $7.80 | $4.55 | -42% |
| 2026 YTD | $4.55 | $12.0 | +164% |
AMWL has finished five years in a row lower, and it's up 164% so far in 2026.