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AMNAMN Healthcare Services IncSell4.9·$34.46-0.95%
SellModerate 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 GrowthStable
  • Quality Below Required FloorDeteriorating
  • Overbought Momentum ConditionImproving
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

Open full analysis

AMN Healthcare Services Inc (AMN) Stock Analysis

Breakout setup

SellVALUE-TRAP 1/5ValueModerate Confidence

Healthcare · Medical Care Facilities

Sell if holding. Analyst target reached at $34.46 — A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Earnings expected to decline ~65% (cyclical peak).

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

$34.46-10.2% A.UpsideScore 4.9/10#32 of 35 Medical Care Facilities
QualityF-score5 / 9FCF yield33.40%
Stop $32.05Target $36.48(resistance)A.R:R -0.8:1
Analyst target$35.57+3.2%7 analysts
$36.48our TP
$34.46price
$35.57mean
$26
$40

Sell if holding. Analyst target reached at $34.46 — A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Earnings expected to decline ~65% (cyclical peak). Chart setup: Golden cross, above all MAs, RSI 54, MACD bullish. Score 4.9/10, moderate confidence.

Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 75d 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 2026-08-22

Recent Developments — AMN Healthcare Services Inc

Generated 2026-08-23T00:51:55Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Nov 5, 202675d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Risks
Earnings expected to decline ~65% (cyclical peak)
Analyst target reached - limited upside remaining
Leverage penalty (D/E 1.0): -0.5

Key Metrics

P/E (TTM)13.0
P/E (Fwd)36.8
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/C0.80neutral
IV56%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

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 -0.8=NEGATIVEMomentum 5.1<5.5 (soft — BUY_NOW allowed but watch)Executive change: officer departure/appointmentMomentum 5.1>=4.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 75d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
54 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $30.17Resistance $37.22

Price Targets

$32
$36
A.Upside-10.2%
A.R:R-0.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Cyclical trap - fwd PE 37x vs trail 13x (2.8x)
! Target reached (-10.2% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-05 (75d)

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?

Sell if holding. Analyst target reached at $34.46 — A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Earnings expected to decline ~65% (cyclical peak). Chart setup: Golden cross, above all MAs, RSI 54, MACD bullish. Prior stop was $32.05. Score 4.9/10, moderate confidence.

What is the AMN stock price target?

Take-profit target: $36.48 (-10.2% upside). Prior stop was $32.05. Stop-loss: $32.05.

What are the risks of investing in AMN?

Earnings expected to decline ~65% (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 13.0 (forward 36.8). TrendMatrix value score: 5.3/10. Verdict: Sell.

What do analysts say about AMN?

13 analysts cover AMN with a consensus score of 3.5/5. Average price target: $36.

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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