AMN Healthcare Services (NYSE:AMN) Shares Gap Up Following Better-Than-Expected Earnings

Shares of AMN Healthcare Services Inc (NYSE:AMN) gapped up before the market opened on Friday following a better than expected earnings announcement. The stock had previously closed at $22.45, but opened at $26.03. AMN Healthcare Services shares last traded at $24.74, with a volume of 358,748 shares trading hands.

The company reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.50. AMN Healthcare Services had a negative net margin of 3.51% and a positive return on equity of 8.05%. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the business posted $0.45 earnings per share. The company’s quarterly revenue was up 99.9% on a year-over-year basis.

Trending Headlines about AMN Healthcare Services

Here are the key news stories impacting AMN Healthcare Services this week:

• Positive Sentiment: Q1 results materially beat estimates — AMN reported revenue of $1.378B and adjusted EPS of $2.10 (GAAP income $1.59/share), versus consensus EPS of $1.60 and revenue ~ $1.23B; revenue rose ~100% year-over-year and adjusted EBITDA was $166M, signaling stronger-than-expected demand and margin recovery. AMN Healthcare Announces First Quarter 2026 Results
• Positive Sentiment: Street reaction and coverage: multiple outlets highlight the beat and bullish reaction (headlines note the stock surge) — these headlines amplify investor attention and trading volume. AMN Healthcare: Q1 Earnings Snapshot
• Positive Sentiment: Analyst interest: Zacks added AMN to its Rank #1 (Strong Buy) and included it on value stock lists, which may attract retail and institutional buyers looking for earnings-driven value plays. New Strong Buy Stocks for May 8th
• Neutral Sentiment: Investor resources: Company press release, slide deck and earnings call transcript/slides are available for deeper diligence — useful for investors who want guidance detail and management commentary on sustainability of growth. Listen to Conference Call
• Negative Sentiment: Q2 revenue guidance is a bit cautious: management gave a Q2 revenue range of roughly $620M–$635M versus the consensus (~$633M), which sits near the top of the range but leaves upside limited and could temper expectations if results don’t beat again. AMN Healthcare Announces First Quarter 2026 Results

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Citigroup restated an “outperform” rating on shares of AMN Healthcare Services in a research report on Monday, February 23rd. UBS Group raised their price objective on shares of AMN Healthcare Services from $19.00 to $19.50 and gave the company a “neutral” rating in a report on Friday, February 20th. JPMorgan Chase & Co. set a $25.00 price objective on shares of AMN Healthcare Services in a report on Thursday, January 15th. Robert W. Baird raised their price objective on shares of AMN Healthcare Services from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Zacks Research raised AMN Healthcare Services from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $22.93.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in AMN Healthcare Services during the 1st quarter worth approximately $2,055,000. Fifth Third Bancorp grew its position in shares of AMN Healthcare Services by 19,555.7% during the 1st quarter. Fifth Third Bancorp now owns 15,528 shares of the company’s stock worth $285,000 after buying an additional 15,449 shares during the period. Greenwood Capital Associates LLC acquired a new stake in shares of AMN Healthcare Services during the 1st quarter worth approximately $301,000. Burney Co. acquired a new stake in shares of AMN Healthcare Services during the 1st quarter worth approximately $4,152,000. Finally, Counterpoint Mutual Funds LLC grew its position in shares of AMN Healthcare Services by 18.9% during the 1st quarter. Counterpoint Mutual Funds LLC now owns 275,995 shares of the company’s stock worth $5,062,000 after buying an additional 43,867 shares during the period. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Up 10.0%

The company has a market cap of $954.49 million, a price-to-earnings ratio of -9.94, a P/E/G ratio of 0.87 and a beta of 0.30. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.19. The firm’s 50-day moving average price is $19.67 and its 200 day moving average price is $18.49.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.