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American Well (AMWL) Soars 5.0%: Is Further Upside Left in the Stock?

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American Well Corporation (AMWL - Free Report) shares rallied 5% in the last trading session to close at $8.59. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 12.2% gain over the past four weeks.

American Well recorded a strong price rise on investors’ optimism surrounding its impending second-quarter 2025 financial results, which is slated to be released on Aug. 4, 2025, post the closing bell. Per the Zacks Consensus Estimate, the company’s second quarter revenue and loss per share suggests an improvement of 1.3% and 45.2%, respectively. 

This company is expected to post quarterly loss of $1.84 per share in its upcoming report, which represents a year-over-year change of +45.2%. Revenues are expected to be $63.63 million, up 1.3% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For American Well, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on AMWL going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

American Well is part of the Zacks Medical Info Systems industry. Omnicell (OMCL - Free Report) , another stock in the same industry, closed the last trading session 0.2% lower at $28.2. OMCL has returned -2.9% in the past month.

Omnicell's consensus EPS estimate for the upcoming report has changed +42.1% over the past month to $0.31. Compared to the company's year-ago EPS, this represents a change of -39.2%. Omnicell currently boasts a Zacks Rank of #4 (Sell).


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