AMWL

Company Overview — What Does American Well Corp Do?

American Well Corporation operates as a telehealth software company that enables digital delivery of care for healthcare. The company products offer urgent care; scheduled visits; acute behavioral health; telestroke; pediatrics; retail health, school health, and home settings. Its application offers urgent care; pediatrics; therapy; menopause nutrition; end-stage renal disease and dialysis; dermatology care; behavioral health therapy; and musculoskeletal care. The company also provides telemedicine equipment, including telemedicine carts, peripherals, tyto care, TV kits, tablets, and kiosks. American Well Corporation was incorporated in 2006 and is headquartered in Boston, Massachusetts. American Well Corp (AMWL) is classified as a micro-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Roy Schoenberg and employs approximately 1,040 people. With a market capitalization of $88M, AMWL is one of the notable companies in the Industrials sector.

American Well Corp (AMWL) Stock Rating — Reduce (April 2026)

As of April 2026, American Well Corp receives a Reduce rating with a composite score of 29.2/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.AMWL ranks #3,257 out of 4,446 stocks in our coverage universe. Within the Industrials sector, American Well Corp ranks #549 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

AMWL Stock Price and 52-Week Range

American Well Corp (AMWL) currently trades at $5.19. The stock lost $0.23 (4.2%) in the most recent trading session. The 52-week high for AMWL is $9.15, which means the stock is currently trading -43.3% from its annual peak. The 52-week low is $3.71, putting the stock 39.9% above its annual trough. Recent trading volume was 35K shares, suggesting relatively thin trading activity.

Is AMWL Overvalued or Undervalued? — Valuation Analysis

American Well Corp (AMWL) carries a value factor score of 10/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.36x, versus the sector average of 2.23x. The price-to-sales ratio is 0.35x, compared to 0.50x for the average Industrials stock.

At current multiples, American Well Corp trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

American Well Corp Profitability — ROE, Margins, and Quality Score

American Well Corp (AMWL) earns a quality factor score of 23/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -45.9%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -35.2% versus the sector average of 3.3%.

On a margin basis, American Well Corp reports gross margins of 52.0%, compared to 35.8% for the sector. The operating margin is -51.0% (sector: 6.2%). Net profit margin stands at -46.0%, versus 3.9% for the average Industrials stock. Revenue growth is running at -10.4% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

AMWL Debt, Balance Sheet, and Financial Health

American Well Corp has a debt-to-equity ratio of 31.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 3.37x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $201M.

AMWL has a beta of 1.16, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for American Well Corp is 37/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

American Well Corp Revenue and Earnings History — Quarterly Trend

In TTM 2026, American Well Corp reported revenue of $255M and earnings per share (EPS) of $-5.96. Net income for the quarter was $-114M. Gross margin was 52.0%. Operating income came in at $-127M.

In FY 2025, American Well Corp reported revenue of $249M and earnings per share (EPS) of $-5.96. Net income for the quarter was $-95M. Revenue grew -2.0% year-over-year compared to FY 2024. Operating income came in at $-105M.

In Q3 2025, American Well Corp reported revenue of $56M and earnings per share (EPS) of $-2.00. Net income for the quarter was $-32M. Revenue grew -7.8% year-over-year compared to Q3 2024. Operating income came in at $-29M.

In Q2 2025, American Well Corp reported revenue of $71M and earnings per share (EPS) of $-1.24. Net income for the quarter was $-20M. Revenue grew 12.9% year-over-year compared to Q2 2024. Operating income came in at $-20M.

Over the past 8 quarters, American Well Corp has demonstrated a growth trajectory, with revenue expanding from $63M to $255M. Investors analyzing AMWL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

AMWL Dividend Yield and Income Analysis

American Well Corp (AMWL) does not currently pay a dividend. This is common among smaller companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

AMWL Momentum and Technical Analysis Profile

American Well Corp (AMWL) has a momentum factor score of 32/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 36/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 54/100 reflects moderate short selling activity.

AMWL vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, American Well Corp (AMWL) ranks #549 out of 752 stocks based on the Blank Capital composite score. This places AMWL in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing AMWL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full AMWL vs S&P 500 (SPY) comparison to assess how American Well Corp stacks up against the broader market across all factor dimensions.

AMWL Next Earnings Date

No upcoming earnings date has been announced for American Well Corp (AMWL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy AMWL? — Investment Thesis Summary

The quantitative profile for American Well Corp suggests caution. The quality score of 23/100 flags below-average profitability. The value score of 10/100 indicates premium valuation. Momentum is weak at 32/100, a headwind for near-term performance. High volatility (stability score 37/100) increases portfolio risk.

In summary, American Well Corp (AMWL) earns a Reduce rating with a composite score of 29.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on AMWL stock.

Related Resources for AMWL Investors

Explore more research and tools: AMWL vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare AMWL head-to-head with peers: AMWL vs SOBO, AMWL vs TEN, AMWL vs GLDD.