B+
Bull case
20%
Probability
Target price
$31.50
Analysis reference price unavailable
Analysis 2026-05-21 · RankAlpha Sentiment Codex
AMN
AMN Healthcare ServicesDNYSE / Health Care Equipment & Services
Last Price
Quote time unavailable
Current thesis
Q1 revenue and adjusted EPS beat guidance, travel nurse volume and revenue turned positive year over year, and nurse/allied/international/search all grew. If labor-disruption execution and underlying staffing demand stay firm, AMN can keep showing cyclical recovery rather than just one-quarter noise.
Posture
Defensive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta 0.0.
What can break
AMN operates in a highly competitive staffing market, so pricing and share gains may be hard to sustain if the labor market recovery stalls.
Momentum
79
Value
70
Sentiment
23
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $22.50 · Bull $31.50 · Bear $16.50Analysis 2026-05-21; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-08 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-21 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-08
Investment thesis
As of 2026-09-08
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-08. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $35.57
Why
Momentum79 · Δ7d +6.9
Value70 · Δ7d 0.0
Sentiment23 · Δ7d +4.4
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Confirming evidence
- • Value remains the lead driver in the composite, 7D delta 0.0.
Contradictions & invalidation
- • AMN operates in a highly competitive staffing market, so pricing and share gains may be hard to sustain if the labor market recovery stalls.
- • Q1 cash flow and cash balance benefited from $367 million of client deposits tied to labor disruption events, so cash conversion may normalize downward as those deposits settle.
- • Q2 guidance implies revenue down 4-6% year over year, or 3-5% excluding labor disruption revenue, and Technology and Workforce Solutions is still projected down 14-16%.
Catalyst clock
2026-05-07
Q1 beat and Q2 guide reset the near-term setup
Lead driver: Value · See fundamentals
Momentum
79
9% active weight
Current posture
7d trendImproving
Δ7d
+6.9
Δ21d
-9.6
Value
70
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+1.0
Sentiment
23
62% active weight
Current posture
7d trendImproving
Δ7d
+4.4
Δ21d
+3.0
Why this grade
Composite grade D. Momentum 78.8 / Value 69.6 / Sentiment 23.1
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-21. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$22.50
Analysis reference price unavailable
Analysis 2026-05-21 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$16.50
Analysis reference price unavailable
Analysis 2026-05-21 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$1.34B
Beta
0.22
Shares Out
38.73M
P/E (TTM) · Derived
-13.9
P/S (TTM)
0.21
P/FCF (TTM)
2.60
Rev YoY
+2.3%
EPS YoY
-117.6%
Gross Margin
+23.8%
Op Margin
+4.7%
Net Debt
$747.6M
Current Ratio
1.13
As of 2026-09-08 • Updated nightlySource: Internal modelMethods & Data