Waystar Holding Corp. (WAY)
NASDAQ:WAY
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WAY Stock Chart & Stats
$25.80
$0.08(0.21%)
At close: 4:00 PM EST
$25.80
$0.08(0.21%)
Day’s Range― - ―
52-Week Range$17.89 - $41.47
Previous CloseN/A
Volume153.00K
Average Volume (3M)2.64M
Market Cap
$3.68B
Enterprise Value$3.82B
Total Cash (Recent Filing)$158.93M
Total Debt (Recent Filing)$30.65M
Price to Earnings (P/E)29.1
Beta0.94
Next Earnings
Aug 12, 2026EPS Estimate
0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.70
Shares Outstanding191,812,900
10 Day Avg. Volume2,385,801
30 Day Avg. Volume2,641,385
Financial Highlights & Ratios
PEG Ratio-0.10
Price to Book (P/B)1.62
Price to Sales (P/S)5.70
P/FCF Ratio22.13
Enterprise Value/Market Cap1.04
Enterprise Value/Revenue3.30
Enterprise Value/Gross Profit5.06
Enterprise Value/Ebitda8.89
Forecast
1Y Price Target
$34.00Price Target Upside31.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
EPS Forecast (FY)1.64
Revenue Forecast (FY)$1.28B
Bulls Say, Bears Say
Bulls Say
Balance-sheet DeleveragingWaystar's dramatic reduction in debt to near-zero TTM materially lowers financial risk and interest burden, increasing strategic optionality. A stronger capital base supports reinvestment in product, M&A or buybacks and improves resilience across macro cycles and execution risks.
Consistent Free Cash FlowRobust, repeatable free cash flow and improved cash conversion give Waystar durable funding for R&D, implementation capacity, and working capital without reliance on external financing. Strong FCF underpins sustainable operations and reduces financing risk as the business scales.
AI-driven Product TractionRapid AI adoption is a structural growth lever: AI-driven bookings and AI-embedded revenue indicate product differentiation and measurable ROI for customers. These capabilities can deepen retention, expand deal sizes, and create durable competitive advantage through proprietary data and workflow automation.
Bears Say
Elevated Implementation BacklogA larger implementation backlog and extended 6–18 month ramps for big deals delay revenue recognition and cash realization from bookings. This lengthens the time between sales and monetization, increases execution risk, and can mute near-term growth despite strong pipeline.
Patient-payment Volume HeadwindsStructural shifts (print-to-digital) and utilization variability weigh on patient-payment volumes, a meaningful revenue slice. If volume metrics lag, reported revenue growth and unit economics may be constrained unless product mix shifts fully compensate with higher-margin subscription gains.
Gross Debt Remains SizableDespite TTM deleveraging, $1.5B gross debt and non-trivial net leverage leave residual interest, covenant and refinancing risk. Material gross debt can constrain large strategic investments or M&A and keeps capital allocation decisions dependent on continued cash generation.
Waystar Holding Corp. News
WAY FAQ
What was Waystar Holding Corp.’s price range in the past 12 months?
Waystar Holding Corp. lowest stock price was $17.89 and its highest was $41.47 in the past 12 months.
What is Waystar Holding Corp.’s market cap?
Waystar Holding Corp.’s market cap is $3.68B.
When is Waystar Holding Corp.’s upcoming earnings report date?
Waystar Holding Corp.’s upcoming earnings report date is Aug 12, 2026 which is in 62 days.
How were Waystar Holding Corp.’s earnings last quarter?
Waystar Holding Corp. released its earnings results on Apr 29, 2026. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.386 by $0.034.
Is Waystar Holding Corp. overvalued?
According to Wall Street analysts Waystar Holding Corp.’s price is currently Undervalued.
Does Waystar Holding Corp. pay dividends?
Waystar Holding Corp. does not currently pay dividends.
What is Waystar Holding Corp.’s EPS estimate?
Waystar Holding Corp.’s EPS estimate is 0.4.
How many shares outstanding does Waystar Holding Corp. have?
Waystar Holding Corp. has 191,812,900 shares outstanding.
What happened to Waystar Holding Corp.’s price movement after its last earnings report?
Waystar Holding Corp. reported an EPS of $0.42 in its last earnings report, beating expectations of $0.386. Following the earnings report the stock price went down -15.414%.
Which hedge fund is a major shareholder of Waystar Holding Corp.?
Currently, no hedge funds are holding shares in WAY
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
Waystar Holding Corp. Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$34.00 (31.78% Upside)
$34.00 (31.78% Upside)
Blogger Sentiment
Bullish
WAY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 6.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-52.92%
12-Months-Change
Fundamentals
Return on Equity
3.55%
Trailing 12-Months
Asset Growth
26.41%
Trailing 12-Months
Company Description
Waystar Holding Corp.
Waystar Holding Corp. is dedicated to developing a cloud-based software platform designed to streamline financial transactions within the healthcare industry. Their comprehensive system offers a suite of functionalities, including pre-approving finances, supporting patients with billing, overseeing claims and payments, actively preventing and recovering denied claims, enhancing revenue capture, and providing insightful analytics and reporting. The company's main clientele operates within the healthcare sector. Established in 2017, Waystar Holding Corp. is headquartered in Lehi, Utah.
WAY Company Deck
WAY Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted robust top-line growth (22% YoY), strong adjusted EBITDA and margin expansion, solid cash generation, high retention, and accelerating AI adoption that is already driving bookings and early measurable ROI. Near-term headwinds center on patient payment volume dynamics driven by a faster-than-expected shift from print to digital, weather and utilization factors, plus elongated revenue ramp for larger deals and an elevated implementation backlog. Net debt improved and credit ratings were upgraded, mitigating some financial risk. Overall, the positives—especially the scale, AI traction, strong profitability and growing pipeline—outweigh the modest near-term volume/seasonality challenges.View all WAY earnings summariesWAY Stock 12 Month Forecast
Average Price Target
$34.00
▲(31.78% Upside)
Technical Analysis
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Ownership Overview
39.60% Insiders
26.26% Mutual Funds
6.82% Other Institutional Investors
12.68% Public Companies and Individual Investors