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AMNAMN Healthcare Services IncHold4.9·$34.57+6.57%
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 GrowthDeteriorating
  • Quality Below Required FloorImproving
  • Overbought Momentum ConditionDeteriorating
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

Open full analysis

AMN Healthcare Services Inc (AMN) Stock Analysis

Range Bound setup

HoldVALUE-TRAP 1/5ValueModerate Confidence

Healthcare · Medical Care Facilities

Hold if already holding. Not a fresh buy at $34.57, but acceptable to hold if already in. Reasons: Earnings expected to decline ~67% (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

$34.57-11.7% A.UpsideScore 4.9/10#33 of 34 Medical Care Facilities
QualityF-score5 / 9FCF yield33.37%
Stop $32.08Target $36.48(resistance)A.R:R -0.9:1
Analyst target$35.00+1.2%7 analysts
$36.48our TP
$34.57price
$35.00mean
$26
$40

Hold if already holding. Not a fresh buy at $34.57, but acceptable to hold if already in. Reasons: Earnings expected to decline ~67% (cyclical peak); Analyst target reached - limited upside remaining. Chart setup: RSI 54 mid-range, Bollinger mid-band. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 4.9/10, moderate confidence.

Passes 4/7 gates (clean insider activity, earnings proximity 83d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

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

Recent developments

updated 2026-08-14

Recent Developments — AMN Healthcare Services Inc

Generated 2026-08-14T14:47:40Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Nov 5, 202683d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Positive news sentiment (+0.67)
Positive insider activity
Risks
Earnings expected to decline ~67% (cyclical peak)
Analyst target reached - limited upside remaining
Leverage penalty (D/E 1.0): -0.5

Key Metrics

P/E (TTM)12.1
P/E (Fwd)36.5
Mkt Cap$1.3B
EV/EBITDA5.7
Profit Mgn3.1%
ROE15.6%
Rev Growth2.3%
Beta0.39
DividendNone
Rating analysts13

Quality Signals

Piotroski F5/9

Options Flow

P/C0.18bullish
IV84%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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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

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%).

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

Obv
1.0
Volume
1.8
Macd
2.1
Rsi
5.5
Ma Position
9.0
Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.9<4.5A.R:R -0.9=NEGATIVEExecutive change: officer departure/appointmentInsider activity: OKEARNINGS PROXIMITY 83d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
54 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $30.17Resistance $37.22

Price Targets

$32
$36
A.Upside-11.7%
A.R:R-0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Cyclical trap - fwd PE 37x vs trail 12x (3.0x)
! Target reached (-11.7% upside)
! NEWS_MOD=+2: SELL_IF_HOLDING → HOLD_IF_HOLDING

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-05 (83d)

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 $34.57, but acceptable to hold if already in. Reasons: Earnings expected to decline ~67% (cyclical peak); Analyst target reached - limited upside remaining. Chart setup: RSI 54 mid-range, Bollinger mid-band. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $36.48 (+5.5%), stop $32.08 (−7.8%), A.R:R -0.9:1. Score 4.9/10, moderate confidence.

What is the AMN stock price target?

Take-profit target: $36.48 (-11.7% upside). Target $36.48 (+5.5%), stop $32.08 (−7.8%), A.R:R -0.9:1. Stop-loss: $32.08.

What are the risks of investing in AMN?

Earnings expected to decline ~67% (cyclical peak); Analyst target reached - limited upside remaining; Leverage penalty (D/E 1.0): -0.5.

Is AMN overvalued or undervalued?

AMN Healthcare Services Inc trades at a P/E of 12.1 (forward 36.5). TrendMatrix value score: 5.4/10. Verdict: Hold.

What do analysts say about AMN?

13 analysts cover AMN with a consensus score of 3.5/5. Average price target: $35.

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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