AMN Healthcare Services (NYSE:AMN) Shares Down 14.2% – Here’s Why

Posted by George Bondi on Nov 6th, 2026

AMN Healthcare Services Inc (NYSE:AMN – Get Free Report)’s stock price traded down 14.2% during mid-day trading on Friday. The stock traded as low as $40.88 and last traded at $40.6680. Approximately 113,168 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 1,018,454 shares. The stock had previously closed at $47.42.

Key Stories Impacting AMN Healthcare Services

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

Positive Sentiment: AMN reported adjusted earnings of $1.16 per share, well above estimates of about $0.23, and revenue of $717 million, topping the roughly $650 million consensus. Revenue grew 13% year over year, while EPS rose from $0.39 a year earlier. AMN Healthcare announces third-quarter 2026 results
Positive Sentiment: The outlook was also described as encouraging: reports highlighted optimistic sales guidance for the next quarter, which may support expectations that business momentum will continue. AMN delivers strong Q3 numbers and optimistic sales guidance
Positive Sentiment: Citizens JMP raised its price target to $51 from $40 and maintained a “market outperform” rating, signaling confidence in further potential upside. Citizens JMP stock recommendations

Analyst Upgrades and Downgrades

AMN has been the topic of several analyst reports. Truist Financial raised their price objective on AMN Healthcare Services from $26.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. BMO Capital Markets increased their price target on AMN Healthcare Services from $40.00 to $43.00 and gave the company an “outperform” rating in a report on Friday, October 9th. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, September 18th. Citizens Jmp lifted their price objective on shares of AMN Healthcare Services from $40.00 to $51.00 and gave the company a “market outperform” rating in a research note on Friday. Finally, UBS Group boosted their target price on shares of AMN Healthcare Services from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, AMN Healthcare Services currently has a consensus rating of “Hold” and an average target price of $38.33.

View Our Latest Stock Report on AMN

AMN Healthcare Services Trading Down 21.2%

The firm has a market cap of $1.45 billion, a P/E ratio of 13.99, a P/E/G ratio of 1.64 and a beta of 0.42. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.00. The business’s 50-day moving average is $38.18 and its two-hundred day moving average is $28.98.

AMN Healthcare Services (NYSE:AMN – Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.93. The firm had revenue of $717.27 million during the quarter, compared to analyst estimates of $649.55 million. AMN Healthcare Services had a net margin of 3.06% and a return on equity of 19.92%. AMN Healthcare Services’s revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.39 EPS. As a group, analysts expect that AMN Healthcare Services Inc will post 3.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On AMN Healthcare Services

Several large investors have recently made changes to their positions in the business. Versant Capital Management Inc grew its holdings in shares of AMN Healthcare Services by 41.8% in the 2nd quarter. Versant Capital Management Inc now owns 1,170 shares of the company’s stock worth $38,000 after acquiring an additional 345 shares during the last quarter. Heritage Family Offices LLP purchased a new stake in shares of AMN Healthcare Services in the third quarter valued at $37,000. IFP Advisors Inc boosted its position in AMN Healthcare Services by 849.6% during the 2nd quarter. IFP Advisors Inc now owns 1,282 shares of the company’s stock worth $41,000 after acquiring an additional 1,147 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in AMN Healthcare Services by 10.3% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 12,900 shares of the company’s stock worth $463,000 after buying an additional 1,200 shares in the last quarter. Finally, Greenwood Capital Associates LLC raised its holdings in shares of AMN Healthcare Services by 7.8% during the second quarter. Greenwood Capital Associates LLC now owns 17,686 shares of the company’s stock worth $572,000 after acquiring an additional 1,285 shares in the last quarter. Institutional investors own 99.23% of the company’s stock.

About AMN Healthcare Services

(Get Free Report)

AMN Healthcare Services, Inc is a healthcare workforce solutions and technology company that helps hospitals, health systems, medical practices and other healthcare organizations recruit, deploy and manage clinical and nonclinical personnel. The company operates through a portfolio of staffing, workforce management and language-services businesses.

Its services include temporary and permanent placement of registered nurses, allied healthcare professionals and physicians, as well as locum tenens staffing for doctors and advanced practice professionals.