American Well (AMWL)

• Market cap: $126M
• 1 day: -3.48%
• 5 days: -3.48%
• 1 month: -29.66%
• 3 months: -15.99%
• 6 months: 0.12%
• Year to date: 14.20%
• 1 year: -59.80%
• 5 years: -98.26%
• 10 years: -98.26%
• Sector: Industrials
• Industry: Business Services

About: American Well Corp is a telehealth company enabling digital delivery of care for its customers. Its platform, Amwell, digital care delivery solution that equips health systems, health plans, government, and innovator clients with the tools to enable new models of care for their patients and members enabling care delivery across the full healthcare continuum - from primary and urgent care in the home to high acuity specialty consults, such as telestroke and telepsychiatry, in the hospital. It provides both on-demand and scheduled consultations. Its Health Plan Programs include Virtual Primary Care, Musculoskeletal Care, Dermatology Care, and Chronic Care among others.

Employees: 877

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

3% more funds holding

Funds holding: 62 [Q3] → 64 (+2) [Q4]

0.26% less ownership

Funds ownership: 48.97% [Q3] → 48.71% (-0.26%) [Q4]

19% less call options, than puts

Call options by funds: $231K | Put options by funds: $285K

26% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 23

27% less capital invested

Capital invested by funds: $65.8M [Q3] → $48.3M (-$17.5M) [Q4]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10 24% upside
• Avg. target: $11.88 48% upside
• High target: $15 87% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Truist Securities Jailendra Singh 30% 1-year accuracy 10 / 33 met price target	49% upside $12	Hold Maintained	14 Feb 2025
Stifel David Grossman 41% 1-year accuracy 9 / 22 met price target	24% upside $10	Hold Maintained	13 Feb 2025
Wells Fargo Stan Berenshteyn 30% 1-year accuracy 3 / 10 met price target	87% upside $15	Overweight Upgraded	13 Jan 2025
Morgan Stanley Craig Hettenbach 43% 1-year accuracy 3 / 7 met price target	31% upside $10.50	Equal-Weight Maintained	17 Dec 2024