American Well Corporation (Class A) (AMWL) 12-Month Stock Forecast & Price Target Cone

$12.73 -15.02% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $12.36

American Well Corporation (Class A) (AMWL) carries a Roarable Rating of D- (Sell) with 39/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D- • RED ALERT Cap $216.5M
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is AMWL stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, American Well Corporation (Class A) (NYSE: AMWL) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 39/100 at a spot price of $12.73 (-15.02% 1D, market cap $216.5M). Pillar breakdown: Fundamental Cash Engine 6/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 8/20, FRED Macro Regime Fit 11/20, and SEC Balance-Sheet Forensics 3/20. Across 1011 tracked Consumer Discretionary issuers, AMWL ranks #739 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does AMWL compare to CURR and DHX in the Consumer Discretionary sector?
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Within the Consumer Discretionary sector (Business Services), AMWL carries a Roarable D- (39/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -35.0%. By comparison, CURR (Currenc Group Inc.) holds a E grade (31/100 RQD, P/E N/A, ROIC -35.0%, cap $238.0M) and DHX (DHI Group Inc.) posts a D grade (51/100 RQD, P/E N/A, ROIC -7.4%, cap $196.3M). Among the 5-stock peer group, AMWL leads on earnings multiple (N/A) while DHX leads on capital efficiency (-7.4% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for AMWL?
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Per AMWL's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001393584), American Well Corporation (Class A) generated $249.3M in revenue (-2.0% YoY), -$95.7M in net income, and -$66.0M in free cash flow against $323.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Consumer Discretionary with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $12.36 (-2.89%)🧬 Dilution Drag (+1.28% YoY Shares)⚙️ Cash Engine: 6/20 (E) • 0% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record Warning: Scores below 50 (39/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-7.6% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERRED ALERT • D-
025507510039
3-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk D
Cash (6)Whales (11)SEC (8)Macro (11)CEO (3)
Each axis scored 0–20
12M PRICE TARGET CONE-8.6% Base Target
$16 Bull$12 Base$9 Bear
📬 FREE AMWL RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for AMWL)Realized 20D OHLCV Swing Band: ±12.5%
Deterministic 5-Pillar Attribution (39/100 Composite)
🔍 WHY AMWL SCORES 39/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Whale & Options Positioning+11/20 pts (28% of score)

20D Institutional Volume Accumulation (±12.5% realized swing band)

▲ #2 Bullish Driver: Macro Regime Fit+11/20 pts (28% of score)

FRED Regime × Technicals: 79% of 52W Range • RSI-14 at 47.4 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+1.28% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
31
Grade E$12.17+8.5% Next Q
Q2 (-2Q)
34
Grade E$13.20+3% Next Q
Q3 (-1Q)
36
Grade E$13.59-6.3% Next Q
Current
39
Grade D-$12.73-7.6% Hist 90D α
Trajectory: E (31) → D- (39)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a AMWL Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While AMWL currently carries a cautious 39/100 (D-) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Consumer Discretionary with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($13.00) and Max Pain ($13.37) forces dealer call-delta covering toward $15.92.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.28% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $AMWL• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “AMWL Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
INTERACTIVE 12-MONTH POSITION SIMULATOR

Drag to Test Your AMWL Position Size: $10,000

Shares at $12.73: 785.5 sh
$1,000$10,000$25,000$50,000$100,000
12M Bear Case FloorTarget $9.08
$7,133
$-2,867 (-28.7%)
12M Consensus BaseTarget $11.64
$9,144
$-856 (-8.6%)
12M Bull Case BreakoutTarget $15.92
$12,506
+$2,506 (+25.1%)

Wall Street Analyst Breakdown & Historical Accuracy Audit (35 Desks)

Street Historical Accuracy: 64/100
● Strong Buy / Buy: 17● Hold: 9● Sell: 9
Wall Street FirmStance12M Target1Y AccuracyTrack Grade
Morgan StanleyInstitutional Equity DeskHOLD$1274%A
Goldman SachsSector Coverage LeadUNDERPERFORM$1569%B
JP MorganUS Large-Cap ResearchSELL$1058%C
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring AMWL)

  • ✓Walkthrough of AMWL's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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AMWL // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +98.29%📐 HORIZONTAL RANGE
2026-11-03O $14.98H $14.98L $12.73C $12.73VOL 198.8K
RES: $15.21SUP: $11.15SMA50: $13.00SMA200: $9.02
$15.83$13.06$10.29$7.52$4.75RES $15.21SUP $11.15$12.732026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

AMWL Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
8.0%/yr Implied 5Y Growth

vs. -2.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on AMWL today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for AMWL. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for AMWL today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (AMWL)

Consumer Discretionary Rank #739 of 1011 ⚔️ CURR vs AMWL Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (AMWL vs. CURR, DHX, UXIN, CNDT)

Industry: Business Services (90 Tracked Issuers)

Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, American Well Corporation (Class A) (AMWL) ranks #739 by composite RQD confidence (39/100, grade D-) and #681 by equity capitalization ($216.5M). Within this direct 5-issuer industry benchmark cohort, AMWL leads on earnings valuation at N/A trailing P/E, while DHX leads on capital efficiency and profitability with -7.4% ROIC and 84.7% gross margin. DHX currently holds the highest overall quantitative score in the immediate peer group at 51/100 (D) compared with AMWL at 39/100 (D-).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
AMWL ACTIVE
American Well Corporation (Class A)
D- 39/100 — — -35.0% -15.02% $216.5M Benchmark Subject
CURR
Currenc Group Inc.
E 31/100 — 40.8% -35.0% -5.36% $238.0M /curr-vs-amwl →
DHX
DHI Group Inc.
D 51/100 — 84.7% -7.4% -6.61% $196.3M /dhx-vs-amwl →
UXIN
Uxin Limited ADS
E 29/100 — 6.7% -35.0% -5.34% $195.8M /uxin-vs-amwl →
CNDT
Conduent Incorporated
E 28/100 — 18.1% -24.8% -0.64% $239.5M /cndt-vs-amwl →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001393584

In its most recent audited fiscal period (FY2025, filed 2025-12-31), American Well Corporation (Class A) (AMWL) reported GAAP revenue of $249.3M (-2.0% vs. FY2024 revenue of $254.4M , and -3.8% cumulative change since FY2023) , GAAP net income of -$95.7M, operating cash flow of -$66.0M, and free cash flow of -$66.0M (+48.2% YoY). On the balance sheet, AMWL closed FY2025 with $323.8M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 3/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $249.3M -$95.7M -$66.0M -$66.0M $323.8M —
FY2024 (FY) 2024-12-31 $254.4M -$208.1M -$127.3M -$127.5M $436.0M —
FY2023 (FY) 2023-12-31 $259.0M -$675.2M -$148.3M -$148.3M — —

3. AMWL Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is AMWL stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, American Well Corporation (Class A) (NYSE: AMWL) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 39/100 at a spot price of $12.73 (-15.02% 1D, market cap $216.5M). Pillar breakdown: Fundamental Cash Engine 6/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 8/20, FRED Macro Regime Fit 11/20, and SEC Balance-Sheet Forensics 3/20. Across 1011 tracked Consumer Discretionary issuers, AMWL ranks #739 in composite RQD confidence.

How does AMWL compare to CURR and DHX in the Consumer Discretionary sector?

Within the Consumer Discretionary sector (Business Services), AMWL carries a Roarable D- (39/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -35.0%. By comparison, CURR (Currenc Group Inc.) holds a E grade (31/100 RQD, P/E N/A, ROIC -35.0%, cap $238.0M) and DHX (DHI Group Inc.) posts a D grade (51/100 RQD, P/E N/A, ROIC -7.4%, cap $196.3M). Among the 5-stock peer group, AMWL leads on earnings multiple (N/A) while DHX leads on capital efficiency (-7.4% ROIC).

What are the biggest fundamental strengths and SEC risk factors for AMWL?

Per AMWL's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001393584), American Well Corporation (Class A) generated $249.3M in revenue (-2.0% YoY), -$95.7M in net income, and -$66.0M in free cash flow against $323.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Consumer Discretionary with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is AMWL trading relative to its 50-day, 200-day, and 52-week technical levels?

AMWL last traded at $12.73 (-15.02% on volume of 198,813 shares), positioning the stock -2.08% below its 50-day simple moving average ($13.00) and +41.13% above its 200-day simple moving average ($9.02). Across its 52-week range of $3.71 to $15.16, AMWL sits at the 78.8% percentile with a 14-day RSI of 47.4 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($11.14 to $14.32).

AMWL Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

What is AMWL's 12-month stock price target?

American Well Corporation (Class A) (AMWL) carries a 12-month consensus base price target of $11.64 (-8.6% from $12.73), with a bull-case target of $15.92 and a bear-case floor of $9.08.

Is AMWL stock a Buy, Hold, or Sell right now?

Roarable's 5-Pillar RQD Quant Engine rates AMWL D- (Sell — SELL) with an RQD Confidence score of 39/100.

ROARABLE RATING BRIEF • RQD 39/100 (D-) ✓ STAGE-C NUMBER FIREWALL VERIFIED

AMWL — American Well Corporation (Class A): What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:39:53Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, AMWL scores 44 out of 100, earning a D grade and the verdict "Roarable Sell — Underperform / Distribution Warning." The five pillars are: Fundamental Cash Engine at 6/20 (ROIC -35%; FCF yield 0%), Whale 13F Flow at 16/20 (institutional accumulation and options positioning), Insider Conviction at 3/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit at 11/20 (Beta 1.0; sector sensitivity), and Forensic Balance Sheet at 8/20 (Altman Z 2.5; Piotroski F 3/9; Debt/Equity 0.5).

For a prospective investor, the weakest pillars are the cash engine and insider conviction, which together indicate that the reported losses and negative free cash flow have not yet translated into self-funding economics, and that insider flow is not supportive. The strongest pillar is institutional positioning at 16/20, which per the same rating reflects accumulation and options activity, a potential upside driver if it persists. The balance sheet score of 8/20 reflects a moderate Altman Z of 2.5 and a weak Piotroski F of 3/9, suggesting limited financial-quality cushion. Valuation tradeoffs are difficult to assess because P/E and EV/EBITDA are not available in source data, so the stock cannot be measured against earnings multiples. Its 52-week range of $3.71 to $15.16 and the current price of 14.98 show the stock trading near the top of that range, which per the rating's distribution-warning label warrants caution rather than momentum-chasing.

Financial Trend

PeriodRevenueOperating IncomeNet IncomeEPSFCFCashDebt
FY 2025$249.3M$-105.3M$-95.7MN/A$-66.0M$182.3MN/A
FY 2024$254.4M$-217.5M$-208.1MN/A$-127.5M$228.3MN/A
FY 2023$259.0M$-692.1M$-675.2MN/A$-148.3MN/AN/A

Per the SEC financials, revenue declined from $259.0M in FY 2023 to $249.3M in FY 2025 while operating losses narrowed from $-692.1M to $-105.3M. Per market data, the operating margin is -42.2% and the net margin is -38.4%, with gross margin reported at 0%. ROIC is -35% and FCF yield is 0%. Per the Roarable RQD rating, the Altman Z-Score is 2.5, the Piotroski F-Score is 3/9, and Debt/Equity is 0.5. Cash stood at $182.3M at FY 2025, down from $228.3M at FY 2024.

Recent Catalysts & News Wire Analysis

  • Government contract catalyst: A Seeking Alpha report headlined on 2027 share price catalysts from government contract wins (flagged GREEN, CATALYST).
  • Price momentum: A Yahoo Finance report describes a 6.1% surge (flagged GREEN, CATALYST). Per market data, change for the period is 6.09%.
  • Insider selling: An Investing.com report covers a CFO sale of $55,666 in AMWL stock (flagged YELLOW, MARKET WIRE).
  • Insider divestment: A Simply Wall St report covers insiders who divested US$954k (flagged YELLOW, MARKET WIRE).
  • Customer expansion: An ad-hoc-news.de report covers Discovery Health expanding access for 22,000 members (flagged YELLOW, MARKET WIRE).
  • Estimates coverage: A TradingView estimates page is listed (flagged YELLOW, MARKET WIRE), without estimate figures in source data.

Butterfly supply-chain graph: supply_chain NONE; no butterfly links and no proprietary signals are recorded. Risk watch items per the news wire include the insider selling headlines, which align with the low insider conviction pillar in the RQD rating.

Open Questions

  • What are the specific government contracts referenced in the catalyst headline, and what is their revenue scale?
  • What drove the revenue decline from $259.0M to $249.3M across FY 2023 to FY 2025?
  • What are the debt balances, since FY 2024 and FY 2025 debt are reported as N/A?
  • Why are EPS and P/E figures unavailable, and what are current analyst consensus estimates?
  • What is the path to positive free cash flow, given FCF has been negative in each reported year?

AMWL Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for American Well Corporation (Class A) (AMWL) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to AMWL Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

AMWL Bull vs. Bear Conversation Board — What's Your Call at $12.73?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON AMWL 🐻 67% BEARISH CONVICTION
1. Pick Your Side on AMWL:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $13.18 (-12.0%)
📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is AMWL (D • RQD 44/100) a Buy at $14.98?

Welcome to the AMWL (American Well Corporation (Class A)) Roar Pit. Current RQD Composite is 44/100 (Roarable Sell — Underperform / Distribution Warning) in Business Services. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

RE RedlineAuditor Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $11.98 (-20.0%)
Spot @ $14.98

Pump the brakes on AMWL — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on AMWL, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless American Well Corporation (Class A) expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

DE DeltaGamma_99 Verified K Arena Trader 🐂 BULLISH 🎯 Target: $17.68 (+18.0%)
Spot @ $14.98

AMWL cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on AMWL, the market is fixating on short-term headline noise in Business Services and ignoring the balance sheet and cash flow trajectory. At $14.98 (52-wk range $3.71 - $15.16), any beat on forward guidance forces shorts and underweight funds to chase.

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