AMN Healthcare Services (AMN) Stock Overview
Provides technology-enabled healthcare workforce solutions and staffing services to acute and sub-acute care hospitals, and other healthcare facilities in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for AMN from our risk checks.
AMN Community Fair Values
Create NarrativeSee what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
AMN Healthcare Services, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.37 |
| 52 Week High | US$36.27 |
| 52 Week Low | US$14.87 |
| Beta | 0.41 |
| 1 Month Change | 5.10% |
| 3 Month Change | 72.36% |
| 1 Year Change | 56.60% |
| 3 Year Change | -70.52% |
| 5 Year Change | -65.75% |
| Change since IPO | 49.45% |
Recent News & Updates
Narrative Update • Jul 02
AMN: Data Partnerships And Leadership Investments Will Support Future Earnings Resilience
Analysts have lifted their fair value estimate for AMN Healthcare Services from $25.00 to $38.00, citing updated models following recent Q1 earnings and a series of higher Street price targets. These include UBS moving its target to $32.00 along with incremental increases from Baird, BMO Capital, and Truist.
Narrative Update • Jun 18
AMN: Post Q1 Repricing Will Restrain Stock Despite AI Expansion
Analysts have lifted the AMN Healthcare Services price target into the low $30s, with changes such as UBS moving from $19.50 to $32 after updating models post-Q1 results, along with smaller upward revisions from Baird, BMO Capital, and Truist that collectively reflect refreshed assumptions on discount rates, profit margins, and future P/E levels. Analyst Commentary Recent price target moves around AMN Healthcare Services signal a reset in how analysts are framing the stock after the latest Q1 earnings, with updated models feeding into new views on valuation, execution risk, and potential growth paths.Recent updates
Narrative Update • Jul 02
AMN: Data Partnerships And Leadership Investments Will Support Future Earnings Resilience
Analysts have lifted their fair value estimate for AMN Healthcare Services from $25.00 to $38.00, citing updated models following recent Q1 earnings and a series of higher Street price targets. These include UBS moving its target to $32.00 along with incremental increases from Baird, BMO Capital, and Truist.Narrative Update • Jun 18
AMN: Post Q1 Repricing Will Restrain Stock Despite AI Expansion
Analysts have lifted the AMN Healthcare Services price target into the low $30s, with changes such as UBS moving from $19.50 to $32 after updating models post-Q1 results, along with smaller upward revisions from Baird, BMO Capital, and Truist that collectively reflect refreshed assumptions on discount rates, profit margins, and future P/E levels. Analyst Commentary Recent price target moves around AMN Healthcare Services signal a reset in how analysts are framing the stock after the latest Q1 earnings, with updated models feeding into new views on valuation, execution risk, and potential growth paths.Narrative Update • Jun 04
AMN: Strike Staffing Windfall And AI Investments Will Shape Fairly Valued Outlook
Analysts have raised the implied fair value estimate for AMN Healthcare Services from about $22.21 to roughly $28.14, supported by higher price targets from several firms after they updated their models following the latest Q1 earnings report. Analyst Commentary Recent research updates have focused on how the latest Q1 report affects AMN Healthcare Services' valuation frameworks, with multiple firms revising their price targets and models.Narrative Update • May 01
AMN: Strike Staffing And Kaiser Relationship Will Support Fairly Valued Outlook
Analysts have lifted their average price targets on AMN Healthcare Services to a range of about $19.50 to $24, citing the company's specialized strike staffing capabilities, expectations for industry stabilization, and potential support from major client relationships. Analyst Commentary Recent research shows analysts edging price targets higher into the roughly $19.50 to $24 range, with views shaped by AMN Healthcare Services' strike staffing capabilities, expectations for industry stabilization, and the role of key client contracts.Narrative Update • Apr 16
AMN: Strike Staffing Scale And Kaiser Contract Will Support Steadier Earnings
Analysts have slightly increased their price targets for AMN Healthcare to a range of $19.50 to $24, reflecting updated views on the company's ability to handle large-scale labor disruption staffing and early signs of industry stabilization. Analyst Commentary Recent research points to a cautiously constructive stance on AMN Healthcare, with several firms adjusting price targets into the $19.50 to $24 range and refining expectations around labor disruption work and broader industry trends.
Narrative Update • Apr 01
AMN: Strike Staffing Strength And Industry Stabilization Will Offset Ongoing Margin Constraints
Analysts have lifted the fair value estimate for AMN Healthcare Services from $17.00 to $19.50 as they factor in higher price targets across the Street, expectations for industry stabilization, and the company's role in large scale labor disruption staffing. Analyst Commentary Recent research highlights a split view on AMN Healthcare Services, with some firms lifting price targets while others flag risks tied to execution, growth visibility, and reliance on strike related revenue.Narrative Update • Mar 18
AMN: Strike Staffing Strength Will Support Steadier Earnings Beyond Current Disruptions
Analysts have nudged their average price targets on AMN Healthcare Services higher into a roughly $19.50 to $24 range, citing the company’s large-scale labor disruption staffing capabilities and expectations that industry conditions and key customer relationships could support steadier performance over time. Analyst Commentary Recent research updates cluster price targets for AMN Healthcare Services in a relatively tight band around the high teens to mid twenties.Narrative Update • Mar 04
AMN: Strike Staffing Strength And Industry Stabilization Will Shape A Measured Recovery
Narrative Update Opening The analyst price target for AMN Healthcare Services has moved higher to $22.21 from $21.36, with analysts pointing to AMN's large-scale labor disruption staffing capabilities, recent price target increases across the Street, and expectations for strike-related revenue and industry stabilization as key supports for this revised view. Analyst Commentary Recent price target revisions for AMN Healthcare Services show a cluster of modestly higher estimates, with most firms keeping existing ratings in place.Seeking Alpha • Feb 25
AMN Healthcare Services: Contrarian Buy On Margin Recovery And Cheap Valuation
Summary AMN’s Q4 2025 benefited from labor disruption revenue. However, ex-disruption revenue still exceeded the guidance midpoint. In my view, this supports my bull case on their core demand, which remained healthy. However, until we see a sustained trend, it's an inherently speculative view. AMN helps its healthcare clients with staffing, physician/leadership placement, and technology/workforce solutions. AMN has a sizeable revenue base and platform that’s well positioned to help with any future healthcare labor shortages and HR changes due to AI. Thus, as long as AMN’s margins recover as management anticipates, then the stock appears like a viable contrarian “Buy” at its currently cheap valuation multiples. Read the full article on Seeking AlphaNarrative Update • Feb 18
AMN: Margin Resilience And Governance Updates Will Support Higher Future Earnings
Analysts have nudged their fair value estimate for AMN Healthcare Services up from $24.00 to $25.00, citing updated assumptions around discount rates, profit margins, and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts view the recent fair value move to $25.00 as consistent with a higher price target range, reflecting updated assumptions around discount rates and P/E levels applied to AMN Healthcare Services.Narrative Update • Feb 03
AMN: Persistent Margin Strain Will Limit Benefits From Improving Travel Nurse Demand
Analysts have nudged their price targets on AMN Healthcare Services higher by a few dollars, reflecting modest tweaks to discount rate, revenue growth, profit margin and future P/E assumptions, and citing stabilizing staffing margins alongside early signs of improving travel and international nurse demand. Analyst Commentary Recent research has framed the higher AMN Healthcare price targets as fine tuning rather than a major reset, with small upward moves tied to updated views on P/E, discount rates and the durability of staffing margins.Analysis Article • Jan 24
AMN Healthcare Services, Inc.'s (NYSE:AMN) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Those holding AMN Healthcare Services, Inc. ( NYSE:AMN ) shares would be relieved that the share price has rebounded...Narrative Update • Jan 20
AMN: Margin Pressure And Uneven Travel Nurse Recovery Will Restrain Upside Potential
Analysts have nudged their price targets on AMN Healthcare Services higher by low single digits, citing improving travel nurse and Allied demand, early signs that staffing margins could steady, and a potential lift from a recovering international nurse business. Analyst Commentary Recent research highlights a mix of optimism and caution around AMN Healthcare Services.Narrative Update • Jan 06
AMN: Recovering Travel Nurse Demand Will Support Margin Stabilization
Analysts have lifted their fair value estimate for AMN Healthcare Services to US$24 from US$22, citing signs of improving travel nurse and Allied demand, as well as expectations that staffing gross margins could stabilize as the industry returns to growth. Analyst Commentary Recent Street research has tilted more constructive on AMN Healthcare Services, with bullish analysts lifting price targets to US$24 and highlighting pockets of improving demand across key segments.Narrative Update • Dec 14
AMN: Travel Nurse Recovery And Margin Stabilization Will Shape Measured Outlook
Analysts have modestly lowered their fair value estimate for AMN Healthcare Services to $17.00 from $18.00, reflecting a slightly higher perceived risk and softer revenue growth expectations, while also highlighting improving travel nurse demand, stabilizing staffing margins, and a potential rebound in international nurse placements as key supports for the updated price target. Analyst Commentary Recent research updates present a mixed picture for AMN Healthcare Services, with improving operational indicators juxtaposed against lingering strategic and cyclical risks that temper upside potential.Analysis Article • Nov 09
AMN Healthcare Services, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
AMN Healthcare Services, Inc. ( NYSE:AMN ) defied analyst predictions to release its quarterly results, which were...Analysis Article • Nov 08
Why Investors Shouldn't Be Surprised By AMN Healthcare Services, Inc.'s (NYSE:AMN) Low P/S
When close to half the companies operating in the Healthcare industry in the United States have price-to-sales ratios...Narrative Update • Nov 08
AMN: Travel Nurse Demand Recovery Will Drive Margin Rebound This Year
AMN Healthcare Services' analyst price target has been raised from approximately $20.29 to $21.36, as analysts cite stabilizing staffing trends, improving travel nurse demand, and an expectation for margin recovery despite ongoing industry headwinds. Analyst Commentary Bullish Takeaways Bullish analysts highlight robust improvements in travel nurse demand, which has rebounded significantly from mid-year lows and signals a potential sector recovery.Narrative Update • Aug 08
Aging US Population And Technology Will Reshape Healthcare Staffing
Despite a less negative revenue growth outlook, AMN Healthcare Services’ significantly lower future P/E suggests diminished earnings confidence, driving the consensus price target down from $26.07 to $23.79. What's in the News Recorded a goodwill impairment loss of $109.5 million and a long-lived assets impairment loss of $18.3 million for the second quarter.Analysis Article • Aug 02
Investors Aren't Buying AMN Healthcare Services, Inc.'s (NYSE:AMN) Revenues
AMN Healthcare Services, Inc.'s ( NYSE:AMN ) price-to-sales (or "P/S") ratio of 0.2x may look like a pretty appealing...Analysis Article • May 12
AMN Healthcare Services (NYSE:AMN) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 04
AMN Healthcare Services, Inc.'s (NYSE:AMN) Price Is Right But Growth Is Lacking
AMN Healthcare Services, Inc.'s ( NYSE:AMN ) price-to-sales (or "P/S") ratio of 0.3x may look like a pretty appealing...Seeking Alpha • Mar 17
AMN Healthcare: Finding Stabilization
Summary After a contextually positive Q4, shares continue to trade at an attractive valuation. Recent demand trends and commentary increasingly suggest demand is finding a stabilization point. Macro and M&A risks remain, but today’s price offers an attractive IRR, all things considered. Read the full article on Seeking AlphaSeeking Alpha • Mar 11
AMN Healthcare: Telehealth Market And U.S. Age Demographics Imply Undervaluation
Summary AMN Healthcare is poised for revenue growth due to new remote language interpretation systems and a shift in U.S. age demographics. The company's innovative solutions like WorkWise and ShiftWise Flex enhance efficiency, supporting robust financial performance and a higher target stock price. AMN benefits from the increasing number of insured individuals in the U.S., driving national healthcare expenditures and potential revenue growth. Despite challenges like economic recessions and high debt, AMN's market position and growth prospects make it a strong buy at current prices. Read the full article on Seeking AlphaSeeking Alpha • Mar 01
AMN Healthcare: Signs Of Normalization
Summary In Q4 2024 AMN Healthcare posted meaningful sequential revenue growth for the first time in 2 years, suggesting its cyclical decline might be coming to an end. A variety of indicators shows stabilisation in the market, but an upward inflection doesn't seem imminent. Long-term growth and margin drivers like platformization and a larger tech segment are intact, but acquisitions are on hold due to high debt. I maintain a hold rating until gaining greater confidence that the worst is over. Read the full article on Seeking AlphaSeeking Alpha • Dec 26
AMN Healthcare: Stock Repurchases, Tech Solutions, Significantly Undervalued
Summary AMN Healthcare Services offers innovative staffing solutions like ShiftWise Flex and AMN Passport, enhancing efficiency and providing tools hospitals and clinics can't develop in-house. Despite recent revenue declines, AMN's historical profitability, positive cash flow, and strategic stock repurchases indicate a strong business model and potential undervaluation. Anticipated EPS growth, potential tax reductions, and continued technological advancements suggest significant upside, with fair value estimates around $42-$43 per share. Challenges include increased competition, high debt levels, and shifts towards permanent staffing, but overall, AMN remains a compelling investment opportunity. Read the full article on Seeking AlphaSeeking Alpha • Dec 06
AMN Healthcare: In Buyable Territory
Summary The Nurse & Allied sales declines are acute and material but will eventually stop and grow over time. The market, however, seems to be pricing in extremely severe declines ahead. Coupled with that reality is an under-the-radar, growing Language services business the market appears to be missing. While capital allocation is a risk, AMN's price presents an intriguing risk/reward as I believe the market's pricing in more declines than economically likely, with near-term data points corroborating this. Read the full article on Seeking AlphaSeeking Alpha • Nov 20
AMN Healthcare: Wait For A Rebound (Rating Downgrade)
Summary My initial Buy recommendation for AMN Healthcare was premature as the company was and is still in the middle of a cyclical downswing. The long-term catalysts mentioned in my first article on industry consolidation, platformization, and margin expansion should still materialise eventually. But short-term headwinds of post-pandemic nurse staffing market normalization, healthcare providers favoring permanent staff, and visa retrogression affecting international nurse recruitment remain. I recommend holding AMN stock until we see clear signs of a turnaround, such as sequential revenue growth and increased nurse travelers on assignment. Read the full article on Seeking AlphaAnalysis Article • Nov 09
Lacklustre Performance Is Driving AMN Healthcare Services, Inc.'s (NYSE:AMN) 26% Price Drop
Unfortunately for some shareholders, the AMN Healthcare Services, Inc. ( NYSE:AMN ) share price has dived 26% in the...Seeking Alpha • Oct 28
AMN Healthcare: Low Enough?
Summary AMN Healthcare's stock has continued to decline given the deteriorating economics across the vast majority of the business. I think one can make a case that we're approaching demand stability and that the future over the next 3 years is fundamentally positive, particularly with their growing Language business. However, I continue to wait for a lower price, as the cash flows I'm assuming going forward still don't leave enough margin-of-safety for me. Read the full article on Seeking AlphaAnalysis Article • Oct 17
AMN Healthcare Services, Inc.'s (NYSE:AMN) Intrinsic Value Is Potentially 26% Above Its Share Price
Key Insights The projected fair value for AMN Healthcare Services is US$51.28 based on 2 Stage Free Cash Flow to Equity...Seeking Alpha • Oct 11
AMN Healthcare: Getting Close To A Potential Bottom
Summary AMN Healthcare is rated a buy due to its historically low valuation and strong long-term prospects in the healthcare staffing industry. Despite recent revenue declines post-pandemic, the long-term demand for healthcare services and staffing is expected to grow significantly, benefiting AMN Healthcare. The company leverages advanced technology to streamline recruitment processes, enhancing its competitive edge and making it a valuable partner for healthcare providers. Shares are a buy with a price target of $60. Read the full article on Seeking AlphaAnalysis Article • Sep 28
We Think AMN Healthcare Services (NYSE:AMN) Is Taking Some Risk With Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Narrative • Sep 11
Healthcare Innovations And Decisive Shifts Poised To Bolster Growth Amid Market Challenges
Diversification into high-margin, technology-enabled revenue streams and strategic investments in technology indicate an enhancement in profit margins and competitive positioning.Shareholder Returns
| AMN | US Healthcare | US Market | |
|---|---|---|---|
| 7D | -9.5% | 0.9% | 0.1% |
| 1Y | 56.6% | 31.9% | 20.3% |
Return vs Industry: AMN exceeded the US Healthcare industry which returned 31.9% over the past year.
Return vs Market: AMN exceeded the US Market which returned 20.3% over the past year.
Price Volatility
| AMN volatility | |
|---|---|
| AMN Average Weekly Movement | 10.8% |
| Healthcare Industry Average Movement | 7.0% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: AMN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: AMN's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 2,664 | Cary Grace | www.amnhealthcare.com |
AMN Healthcare Services, Inc. provides technology-enabled healthcare workforce solutions and staffing services to acute and sub-acute care hospitals, and other healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. It offers travel nurse staffing, labor disruption staffing, local staffing, international nurse permanent placement, allied staffing, crisis nurse staffing for critical staffing and rapid response nursing, and allied health professionals, such as skilled nursing facilities, rehabilitation clinics, schools, and pharmacies, as well as physician and advanced practice staffing, and revenue cycle solutions.
AMN Healthcare Services, Inc. Fundamentals Summary
| AMN fundamental statistics | |
|---|---|
| Market cap | US$1.26b |
| Earnings (TTM) | -US$32.44m |
| Revenue (TTM) | US$3.42b |
0.4x
P/S Ratio-38.7x
P/E RatioIs AMN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AMN income statement (TTM) | |
|---|---|
| Revenue | US$3.42b |
| Cost of Revenue | US$2.47b |
| Gross Profit | US$944.77m |
| Other Expenses | US$977.22m |
| Earnings | -US$32.44m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 06, 2026
| Earnings per share (EPS) | -0.84 |
| Gross Margin | 27.63% |
| Net Profit Margin | -0.95% |
| Debt/Equity Ratio | 104.2% |
How did AMN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/13 20:29 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AMN Healthcare Services, Inc. is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Marcon | Baird |
| William Sutherland | Benchmark Company |
| Samuel England | Berenberg |