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AMNAMN Healthcare Services IncHold4.9·$36.28
HoldModerate Confidence
Investment thesis

AMN's exceptional revenue growth and solid recent earnings execution stand out, but a quality score below the required threshold, overbought momentum, and bearish insider selling warrant caution.

Thesis pillars

  • Industry Leading Revenue Growth→Stable
  • Quality Below Required Floor↓Deteriorating
  • Overbought Momentum Condition↓Deteriorating
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

Open full analysis

AMN Healthcare Services Inc (AMN) Stock Analysis

Breakout setup · Catalyst-Driven edge

HoldVALUE-TRAP 1/5ValueModerate Confidence

Healthcare · Medical Care Facilities

Hold if already holding. Not a fresh buy at $36.28, but acceptable to hold if already in. Reasons: Earnings expected to decline ~65% (cyclical peak); Analyst target reached - limited upside remaining.

AMN Healthcare Services is a leading provider of total talent solutions for the U.S. healthcare sector, offering nurse/physician/allied-health staffing, managed services programs, vendor management systems, language interpretation, and workforce technology like its WorkWise... Read more

$36.28-12.3% A.UpsideScore 4.9/10#32 of 35 Medical Care Facilities
QualityF-score5 / 9FCF yield31.72%
Stop $33.80Target $37.67(resistance)A.R:R -1.6:1
Analyst target$36.57+0.8%7 analysts
$37.67our TP
$36.28price
$36.57mean
$28
$43

Hold if already holding. Not a fresh buy at $36.28, but acceptable to hold if already in. Reasons: Earnings expected to decline ~65% (cyclical peak); Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 4.9/10, moderate confidence.

Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 23d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-10-13

Recent Developments — AMN Healthcare Services Inc

Generated 2026-10-13T11:47:14Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Nov 5, 202623d to earnings· next earnings call

Thesis

Rewards
Sector modifier (Healthcare): +0.5
Strong earnings beat streak (3/4)
Positive news sentiment (+1.00)
Risks
Earnings expected to decline ~65% (cyclical peak)
Analyst target reached - limited upside remaining
V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1)

Key Metrics

P/E (TTM)13.5
P/E (Fwd)38.6
Mkt Cap$1.4B
EV/EBITDA5.9
Profit Mgn3.1%
ROE15.6%
Rev Growth2.3%
Beta0.40
DividendNone
Rating analysts13

Quality Signals

Piotroski F5/9

Options Flow

P/C2.50bearish
IV66%elevated

Concentration Risks(10-K Item 1A)

  • LOWCustomerKaiser Foundation Hospitals22%
    10-K Item 1A: 'Kaiser Foundation Hospitals (and its affiliates) (collectively, “Kaiser”) comprised approximately 22% of our consolidated revenue in 2025.'

Material Events(8-K, last 90d)

  • 2026-05-04Item 5.02LOW
    Shareholders approved Amendment No. 1 to the AMN Healthcare 2025 Equity Plan at the May 1, 2026 Annual Meeting, previously approved by the Board subject to shareholder vote. Routine compensatory plan item; no officer or director departure involved.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Revenue Growth
3.1
Low model confidence on this dimension (33%).
GatesA.R:R -1.6=NEGATIVEMomentum 4.8<5.5 (soft — BUY_NOW allowed but watch)Executive change: officer departure/appointmentMomentum 4.8>=4.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 23d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
63 · Neutral
↑ 20D MA↑ 50D MA↑ 200D MAGOLDEN CROSSSupport $33.41Resistance $38.44

Price Targets

$34
$38
A.Upside-12.3%
A.R:R-1.6:1

Position Sizing

ConvictionNone
Suggested %0%
Max %0%
RegimeRisk-Off

Risk Alerts

! Cyclical trap - fwd PE 39x vs trail 14x (2.9x)
! Target reached (-12.3% upside)
! News modifier +2: SELL_IF_HOLDING → HOLD_IF_HOLDING

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-05 (23d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is AMN stock a buy right now?

Hold if already holding. Not a fresh buy at $36.28, but acceptable to hold if already in. Reasons: Earnings expected to decline ~65% (cyclical peak); Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $37.67 (+3.8%), stop $33.80 (−7.3%), A.R:R -1.6:1. Score 4.9/10, moderate confidence.

What is the AMN stock price target?

Take-profit target: $37.67 (-12.3% upside). Target $37.67 (+3.8%), stop $33.80 (−7.3%), A.R:R -1.6:1. Stop-loss: $33.80.

What are the risks of investing in AMN?

Earnings expected to decline ~65% (cyclical peak); Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1).

Is AMN overvalued or undervalued?

AMN Healthcare Services Inc trades at a P/E of 13.5 (forward 38.6). TrendMatrix value score: 5.3/10. Verdict: Hold.

What do analysts say about AMN?

13 analysts cover AMN with a consensus score of 3.5/5. Average price target: $37.

What does AMN Healthcare Services Inc do?AMN Healthcare Services is a leading provider of total talent solutions for the U.S. healthcare sector, offering...

AMN Healthcare Services is a leading provider of total talent solutions for the U.S. healthcare sector, offering nurse/physician/allied-health staffing, managed services programs, vendor management systems, language interpretation, and workforce technology like its WorkWise platform and AMN Passport app (340,000+ users). The company had 2,664 corporate team members as of December 31, 2025 and averaged about 8,722 nurses/allied professionals in Q4 2025, with Kaiser Foundation Hospitals its largest client at approximately 22% of 2025 consolidated revenue.

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