AMWL
BuyHot AirAI neutralAmerican Well Corporation · Healthcare · United States · $231M cap · $1.6M/day traded
$14.98 +6.1% · close 29 Oct · scored 30 Oct
Hot Air: Rising on momentum alone: weak business, rich price.
As of 30 Oct 2026, MoatMap's StockRank for American Well Corporation (AMWL) is 74/100, ranked against 24,000+ stocks in 35 markets (Quality 49, Value 43, Momentum 78, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
American Well provides telehealth software to health systems and insurers and has a letter of intent from the US Department of Veterans Affairs. Despite that and strong recent share-price momentum, the company has a long record of losses and shrinking revenue in a crowded market, and insiders have been selling.
ABOUT AMERICAN WELL CORPORATION
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American Well Corporation (Amwell) provides an enterprise-grade telehealth platform that enables digital care delivery for health systems, health plans, and innovators. The company's competitive moat is its highly integrated, white-label Amwell Converge platform, which embeds directly into existing clinical workflows. It operates as a leading B2B digital health technology provider in the United States.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 277.2M | 259.0M | 254.4M | 249.3M | -3.5% | 218.5M | 203.2M | 210.6M | -8.1% |
| EPS | -19.80 | -47.60 | -13.88 | -5.96 | — | -4.85 | -2.56 | -1.58 | — |
| Shares | 13.9M | 14.4M | 15.6M | 16.4M | +18.6% | 15.4M | — | — | — |
| Debt | 14.8M | 11.8M | 8.2M | 4.5M | -32.7% | 3.0M | — | — | — |
| Equity | 1.1B | 464.2M | 304.8M | 235.6M | -39.5% | — | — | — | — |
| Op CF | -192.3M | -148.3M | -127.3M | -66.0M | — | -26.4M | — | — | — |
| Inv CF | -11.6M | -19.2M | -18.7M | 17.1M | — | — | — | — | — |
| Fin CF | -3.6M | 2.1M | 1.4M | 0.8M | — | — | — | — | — |
Above its 200-day average and 1% below its 52-week high.
Swung more than 84% of stocks we rank over the past year (72% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of AMWL are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| AMWL | American Well Corporation(you) | $231M | 74 | Buy |
| OPRX | OptimizeRx Corporation | $172M | 80 | Buy |
| NRC | NRC Health | $485M | 76 | Buy |
| CCLD | CareCloud, Inc. | $75M | 74 | Buy |
| SPOK | Spok Holdings, Inc. | $215M | 96 | Strong Buy |
| DH | Definitive Healthcare Corp. | $115M | 62 | Hold |
| PHR | Phreesia, Inc. | $788M | 72 | Buy |
| NURS.V | Hydreight Technologies Inc. | $123M | 57 | Hold |
| CTEV | Claritev Corporation | $398M | 53 | Hold |
| WEAV | Weave Communications, Inc. | $595M | 61 | Hold |
Peer medians: ROE -30.5% · P/E 27.2x · Gross margin 63.4%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.