American Shared Hospital Extends Proton Therapy Lease Agreement

American Shared Hospital Services ( (AMS) ) has provided an update.

American Shared Hospital Services has amended its long-standing Proton Beam Radiation Therapy Lease Agreement with Orlando Health, originally executed in 2006 and previously modified in 2012. On March 13, 2026, the parties agreed to extend the lease for an additional seven years, from April 6, 2026 through April 5, 2033, with lease payments during the extended term tied to a technical component collection percentage that will decrease in certain twelve-month periods.

The amendment also clarifies key operational and financial arrangements related to the leased proton therapy system, including granting Orlando Health an option to purchase the equipment at the end of the lease, with a defined price and exercise window. It further outlines the company’s responsibility and related financial terms for removing the equipment if the purchase option is not exercised, as well as updated maintenance and insurance obligations, providing more certainty for both parties over the long-term use and disposition of the asset.

The most recent analyst rating on (AMS) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on American Shared Hospital Services stock, see the AMS Stock Forecast page.

Spark’s Take on AMS Stock

According to Spark, TipRanks’ AI Analyst, AMS is a Neutral.

The overall stock score of 51 reflects strong revenue growth but is weighed down by profitability challenges, negative valuation metrics, and significant financial risks due to a default notice. Technical indicators suggest a bearish trend, while the earnings call provided some optimism with improved margins and strategic growth initiatives.

To see Spark’s full report on AMS stock, click here.

More about American Shared Hospital Services

American Shared Hospital Services operates in the healthcare equipment leasing sector, specializing in providing advanced radiation therapy systems to hospitals and health systems. The company’s offerings include proton beam radiation therapy technology, supporting providers such as Orlando Health, Inc. in delivering specialized oncology treatments to their patient populations.

Average Trading Volume: 7,381

Technical Sentiment Signal: Sell

Current Market Cap: $13.27M

For a thorough assessment of AMS stock, go to TipRanks’ Stock Analysis page.