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HQY Stock Chart & Stats
$86.04
-$0.18(-0.18%)
At close: 4:00 PM EST
$86.04
-$0.18(-0.18%)
Day’s Range― - ―
52-Week Range$72.76 - $106.60
Previous CloseN/A
Volume98.58K
Average Volume (3M)1.03M
Market Cap
$7.97B
Enterprise Value$7.94B
Total Cash (Recent Filing)$265.37M
Total Debt (Recent Filing)$984.68M
Price to Earnings (P/E)35.3
Beta0.94
Next Earnings
Sep 08, 2026EPS Estimate
1.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.70
Shares Outstanding83,602,160
10 Day Avg. Volume965,124
30 Day Avg. Volume1,025,327
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)3.50
Price to Sales (P/S)5.62
P/FCF Ratio16.21
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue5.94
Enterprise Value/Gross Profit8.16
Enterprise Value/Ebitda17.31
Forecast
1Y Price Target
$112.73Price Target Upside31.02% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)4.73
Revenue Forecast (FY)$1.41B
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation & FCF ConversionHealthEquity converts earnings into cash at a high rate: operating cash rose to $490M TTM with FCF ~ $488M, roughly matching net income. This durable cash generation supports buybacks, M&A optionality, and resilience through cycles without relying on external funding.
Leading HSA Account And Asset GrowthConsistent net new account and asset growth expands fee-bearing balances and invested assets, a structural driver of recurring service, custodial, and asset-based revenue. Outpacing market growth indicates durable share gains and strengthens the company’s scale advantages over peers.
Margin Expansion And Profitability TurnaroundThe business has shifted to high-margin, platform-driven economics: elevated gross margins and positive net income reflect operating leverage from scale, digital engagement and efficiency initiatives. Sustained margins enhance cash flow durability and support reinvestment and capital returns.
Bears Say
HSA Cash Yield & Custodial Placement ExposureA meaningful portion of revenue depends on custodial cash yields and timing of contract placements. Large custodial maturities create structural sensitivity to interest-rate timing and placement execution; hedges cut volatility but do not fully remove timing and reinvestment risk to custodial revenue.
Sharp Reported Debt Shift; Leverage Durability UnclearThe abrupt move from materially higher annual debt to very low TTM debt raises questions on one-off paydowns, classification changes, or temporary financing. This uncertainty weakens the credibility of the low-leverage narrative and complicates capital-allocation and credit-risk assessment unless clarified.
Marketplace And New Revenue Streams Still ImmatureStrategic initiatives (marketplace, AI-enabled services) promise future monetization but remain early-stage. Reliance on these to meaningfully widen revenue or margins is an execution risk; until marketplace revenue scales, growth must come from core account and custodial dynamics.
Healthequity News
HQY FAQ
What was Healthequity Inc’s price range in the past 12 months?
Healthequity Inc lowest stock price was $72.76 and its highest was $106.60 in the past 12 months.
What is Healthequity Inc’s market cap?
Healthequity Inc’s market cap is $7.97B.
When is Healthequity Inc’s upcoming earnings report date?
Healthequity Inc’s upcoming earnings report date is Sep 08, 2026 which is in 64 days.
How were Healthequity Inc’s earnings last quarter?
Healthequity Inc released its earnings results on May 28, 2026. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.115 by $0.125.
Is Healthequity Inc overvalued?
According to Wall Street analysts Healthequity Inc’s price is currently Undervalued.
Does Healthequity Inc pay dividends?
Healthequity Inc does not currently pay dividends.
What is Healthequity Inc’s EPS estimate?
Healthequity Inc’s EPS estimate is 1.19.
How many shares outstanding does Healthequity Inc have?
Healthequity Inc has 83,602,160 shares outstanding.
What happened to Healthequity Inc’s price movement after its last earnings report?
Healthequity Inc reported an EPS of $1.24 in its last earnings report, beating expectations of $1.115. Following the earnings report the stock price went down -2.795%.
Which hedge fund is a major shareholder of Healthequity Inc?
Currently, no hedge funds are holding shares in HQY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Healthequity Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$112.73 (31.02% Upside)
$112.73 (31.02% Upside)
Blogger Sentiment
Bullish
HQY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 191.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.89%
12-Months-Change
Fundamentals
Return on Equity
10.94%
Trailing 12-Months
Asset Growth
-3.22%
Trailing 12-Months
Company Description
Healthequity Inc
Headquartered in Draper, Utah, and established in 2002, HealthEquity, Inc. furnishes technology-powered service platforms to both individual consumers and employers across the United States. The company provides cloud-based solutions designed to assist individuals in overseeing their healthcare expenditures and savings. These platforms enable users to make informed decisions about their health finances, pay medical bills, compare treatment options and costs, access personalized benefits and clinical data, earn incentives for wellness, and grow their savings through various investment avenues, including specific investment choices. In addition to these personal financial management tools, HealthEquity administers a range of health-related accounts, such as Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs). Its offerings also encompass a mutual fund investment platform, an automated online advisory service known as Advisor, COBRA continuation services, and the management of pre-tax commuter benefits programs. HealthEquity markets its services through a dedicated direct sales team, collaborates with benefits brokers and advisors, and leverages a comprehensive network comprising health plans, benefits administrators, consultants, and retirement plan record-keepers.
HQY Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized solid execution: revenue and gross profit records, margin expansion, strong adjusted EBITDA growth (+17% YoY) and raised guidance, supported by healthy HSA account/asset growth, digital engagement gains, AI-driven service efficiencies, and an expanded $1B share repurchase authorization. Lowlights were mostly timing/one-time items (breakage fee, lower fraud reimbursements), early-stage marketplace revenue (not yet material), exposure in HSA cash maturities and interest-rate timing, and caution that some service-cost improvements may be seasonal or temporary. Overall, the positives around durable account/asset growth, margin expansion, cash generation and strategic initiatives materially outweigh the cautions and one-offs.View all HQY earnings summariesHQY Revenue Breakdown
49.92% Service revenue
32.85% Custodial revenue
17.23% Interchange revenue
HQY Stock 12 Month Forecast
Average Price Target
$112.73
▲(31.02% Upside)
Technical Analysis
Omnicell
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Doximity
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BrightSpring Health Services, Inc.
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Hinge Health, Inc. Class A
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Ownership Overview
2.08% Insiders
35.54% Mutual Funds
0.35% Other Institutional Investors
35.10% Public Companies and
Individual Investors