AMN Healthcare Services, Inc. logo AMN - AMN Healthcare Services, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 10
HOLD 6
SELL 1
STRONG
SELL
0
| PRICE TARGET: $33.50 DETAILS
HIGH: $40.00
LOW: $26.00
MEDIAN: $34.00
CONSENSUS: $33.50
DOWNSIDE: 3.24%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 44.3% below fair value
Current Price $34.62
Bear Case $62.10 79.4% upside ($62.10 - $34.62) / $34.62 = 79.4% 3% stage 1 growth, 11% discount
Fair Value $62.10 79.4% upside ($62.10 - $34.62) / $34.62 = 79.4% 3% stage 1 growth, 11% discount
Bull Case $67.63 95.4% upside ($67.63 - $34.62) / $34.62 = 95.4% 4% stage 1 growth, 11% discount

Adjust Assumptions

3.0%
11.0%
3.0%

Key Value Driver

FCF growth rate (3% base case)

Terminal Value % of EV 33%
Implied Market Multiple 8.6x
Market is pricing in (growth) -2.8% vs our 3.0% base

Plain-Language Summary

Using a two-stage FCF DCF with 3% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $62.10 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (17 analysts) $33.50
Analyst Range $26.00 – $40.00
Divergence from AlphaVal 85%

Warnings

Wall Street's average price target is $33.50 (from 17 analysts). Our estimate is 85% above the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions