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
3 setup hits (3d) with net bullish as of 2026-10-24.
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
95
Value
68
Sentiment
15
Setup hits (3d)
3 · Net Bullish
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 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-21 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $36.57
Why
Momentum95 · Δ7d +7.6
Value68 · Δ7d -0.6
Sentiment15 · Δ7d -6.8
So what
Weak posture (Net Bullish). Prioritize risk control and patience.
Confirming evidence
- • 3 setup hits (3d) with net bullish as of 2026-10-24.
- • Value remains the lead driver in the composite, 7D delta -0.6.
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
95
8% active weight
Current posture
7d trendImproving
Δ7d
+7.6
Δ21d
+13.5
Value
68
47% active weight
Current posture
7d trendFlat
Δ7d
-0.6
Δ21d
-1.2
Sentiment
15
45% active weight
Current posture
7d trendSoftening
Δ7d
-6.8
Δ21d
-16.9
Why this grade
Composite grade D. Momentum 95.0 / Value 67.9 / Sentiment 14.8
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 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$1.86B
Beta
0.22
Shares Out
38.73M
P/E (TTM) · Derived
-19.3
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 2026-10-23 • Updated nightlySource: Internal modelMethods & Data