AMWL
American Well Corporation

American Well CorporationAMWL

Healthcare · Health Information Services
12.17USD
-2.09%
Oct 14, 2026
AMWL overview ready
Amwell is a business-to-business digital-care platform provider to health plans, health systems, and government customers, supplying software and related services that support virtual visits, automated care, patient engagement, and hybrid-care workflows.
Narrative is still early
Exposed to the Hybrid Digital Healthcare Delivery narrative through Enterprise Virtual Care Platforms and Care Orchestration — infrastructure supplier.
Constructive pullback in an uptrend
Longer-term context reads damaged structure, with a near-term setup of constructive pullback.
The setup is constructive, but the underlying structure is still poor.
Fair valuation
The price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.
Fundamentals not measured
Primary risk
Slowing revenue growth and declining year-over-year sales.
Market Oct 13Filing Jun 30Price action Oct 13Research Sep 28

Conviction Level

Business Quality has no canonical measurement for this company — a research-profile dimension, not an input to this score.

NarrativeHeat5.4ThemeHeat5.0PriceAction4.6Valuation3.5CompanyPosition7.3BusinessQuality—
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads damaged structure, with a near-term setup of constructive pullback.
The setup is constructive, but the underlying structure is still poor.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$206.0M
Avg Volume (60D)
95.5K
60 sessions
Revenue Growth YoY
-2.0%
FY2025 vs FY2024
Gross Margin
+52.6%
Operating Margin
-37.3%
Trailing twelve months
Free Cash Flow Yield
-12.8%
Distance from 200DMA
+45.1%
Next Earnings
2026-11-04
P/E
N/M
Market metrics as of Oct 13, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is cheap. The published stance is held at fair because no positive free cash flow behind the low multiple.
American Well Corporation has a Fair valuation stance because the price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.

Company Research

Thesis
Amwell is a business-to-business digital-care platform provider to health plans, health systems, and government customers, supplying software and related services that support virtual visits, automated care, patient engagement, and hybrid-care workflows.
Opportunity
Moderate opportunity
Health systems, payers, and government healthcare organizations are consolidating virtual, automated, and in-person care workflows onto interoperable enterprise platforms to improve access, continuity, clinical capacity, and administrative efficiency.
Key risk
Slowing revenue growth and declining year-over-year sales.

Narrative & Theme

Hybrid Digital Healthcare Delivery
Part of Enterprise Virtual Care Platforms and Care Orchestration, with moderate fit.
AMWL has a genuine, direct exposure to the enterprise digital-care-platform market rather than merely a generic healthcare-technology adjacency.
Narrative HeatNeutral5.4 / 10
Theme HeatNeutral5.0 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Healthcare · Health Information Services
What they do

American Well Corporation provides a cloud-based platform and software solutions that enable hybrid digital healthcare delivery across various care settings in the US and internationally.

How it earns

The company generates revenue primarily through subscription and service-based contracts with healthcare providers and organizations.

Products & services
Amwell Platform
Amwell Carepoint
Amwell Converge
Customers & end markets
Healthcare providers
Healthcare organizations
Market position

A challenger in the digital health platform space with specialized hybrid care enablement solutions.

Demand drivers
Low cyclicality

Healthcare demand is relatively stable and less sensitive to economic cycles.