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American Well hits new 2-year high amid earnings growth forecasts
Despite a projected 18.9% revenue decline this year, estimates call for earnings to rise 16.0% in 2026 and 37.3% next year.
American Well (AMWL) reached a new 2-year high, showing what Yahoo Finance described as strong technical momentum, with the stock up 103.4% since a new “Buy” signal issued on April 16.
The article said analysts expect AMWL to see revenue fall 18.9% this year, while earnings are forecast to increase 16.0% in 2026 and 37.3% in 2027.
According to the piece, AMWL is valued at $208 million and operates a hybrid healthcare platform, the Converge system, designed to support in-person, online, and automated care and to help manage chronic conditions.
Yahoo Finance also cited Wall Street opinions tracked by Barchart, including one “Strong Buy” and seven “Hold” calls, alongside price targets ranging from $6.50 to $9.00.