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American Well Corp has a consensus price target of $4.86 based on the ratings of 13 analysts. The high is $15 issued by Wells Fargo on August 6, 2024. The low is $0.6 issued by UBS on May 23, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, UBS, and Morgan Stanley on August 6, 2024, May 23, 2024, and April 15, 2024, respectively. With an average price target of $5.53 between Wells Fargo, UBS, and Morgan Stanley, there's an implied -32.19% downside for American Well Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for American Well (NYSE:AMWL) was reported by Needham on October 31, 2024. The analyst firm set a price target for $0.00 expecting AMWL to fall to within 12 months (a possible -100.00% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for American Well (NYSE:AMWL) was provided by Needham, and American Well reiterated their hold rating.
The last upgrade for American Well Corp happened on January 4, 2023 when B of A Securities raised their price target to $4.2. B of A Securities previously had a neutral for American Well Corp.
The last downgrade for American Well Corp happened on August 3, 2023 when Morgan Stanley changed their price target from $5 to $2.5 for American Well Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of American Well, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for American Well was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest American Well (AMWL) rating was a reiterated with a price target of $0.00 to $0.00. The current price American Well (AMWL) is trading at is $8.20, which is out of the analyst’s predicted range.
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