Core Viewpoint - American Well Corporation (AMWL) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for American Well for the fiscal year ending December 2025 is projected at -$8.72 per share, reflecting a 37.2% change from the previous year's reported figure [8]. - Over the past three months, the Zacks Consensus Estimate for American Well has increased by 5.7%, indicating a positive revision trend [8]. Zacks Rating System - The Zacks rating system is based on changes in earnings estimates, which are crucial for determining stock price movements, making it a valuable tool for investors [2][4]. - The system classifies stocks into five groups, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of American Well to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
All You Need to Know About American Well (AMWL) Rating Upgrade to Buy