AMWL Market Cap History — American Well Capitalization Over Time

As of 4/24/2026 American Well has a market cap of 88.56 million. Investors often follow the AMWL market cap history to compare the size of the company over time.

This page shows AMWL market capitalization trends over time, with 21 market cap datapoints presented, dating back to 9/17/2020.

Quick links: Market Cap History Table  |  Market Cap History Chart  |  About American Well
AMWL Market Cap History



Below is a table of the AMWL market cap history going back to 9/17/2020:

Date AMWL Market Cap
9/17/20204.32B
10/30/20205.16B
3/12/20214.88B
4/30/20213.21B
10/31/20212.05B
2/15/20221.03B
7/31/2022938.42M
10/31/2022991.68M
2/10/2023885.62M
4/25/2023510.72M
7/28/2023589.04M
10/27/2023274.99M
2/2/2024269.12M
7/19/2024103.68M
10/18/2024141.37M
1/31/2025150.52M
4/14/2025101.69M
7/25/2025129.96M
10/24/202582.01M
1/30/202667.82M
4/24/202688.56M

Also see: AMWL Shares Outstanding History
and AMWL YTD Return
AMWL Historical Market Cap:
-50.04% CAGR
AMWL Historical Market Cap: +-50.04% CAGR

Mouse over chart for data details
9/17/2020 ...4/24/2026
American Well Corporation is an enterprise platform and software company digitally enabling hybrid care. Co. offers a single, comprehensive platform to support all digital health needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. It provides its clients with the core technology and services necessary to develop and distribute digital care programs. Its enterprise platform and software as a service solution enable hybrid care delivery by offering its clients products to help weave digital care across all care settings. We show 21 historical shares outstanding datapoints in our AMWL shares outstanding history coverage, used to compute AMWL market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing AMWL market cap history over the course of time is important for investors interested in comparing AMWL's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of AMWL versus a peer is one thing; comparing AMWL market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like AMWL can fluctuate over the course of history. With this page we aim to empower investors researching AMWL by allowing them to research the AMWL market cap history.
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Video: The Importance of Market Cap
American Well (AMWL) is categorized under the Industrials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

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