tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Waystar Announces Underwriting Agreement with J.P. Morgan

Story Highlights

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Waystar Holding Corp. ( (WAY) ) has shared an announcement.

On September 10, 2025, Waystar Holding Corp. announced an underwriting agreement with J.P. Morgan Securities LLC for an offering of 18,000,000 shares of its common stock. The company will not receive any proceeds from this offering, which is expected to close on September 12, 2025, indicating a strategic move that may impact stakeholders by altering the distribution of shares without affecting the company’s immediate financial position.

The most recent analyst rating on (WAY) stock is a Buy with a $45.00 price target. To see the full list of analyst forecasts on Waystar Holding Corp. stock, see the WAY Stock Forecast page.

Spark’s Take on WAY Stock

According to Spark, TipRanks’ AI Analyst, WAY is a Outperform.

Waystar Holding Corp. receives a solid overall stock score driven by strong financial performance and positive earnings call outcomes. The company’s strategic acquisitions and refinancing efforts further bolster its growth prospects. However, the high P/E ratio and overbought technical indicators suggest caution, as the stock may be overvalued in the short term.

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

More about Waystar Holding Corp.

Average Trading Volume: 1,712,916

Technical Sentiment Signal: Strong Buy

Current Market Cap: $7.06B

Find detailed analytics on WAY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1