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WAY Stock Chart & Stats
$22.51
$0.93(4.31%)
At close: 4:00 PM EDT
$22.51
$0.93(4.31%)
Day’s Range― - ―
52-Week Range$17.26 - $41.47
Previous CloseN/A
Volume2.17M
Average Volume (3M)2.69M
Market Cap
$4.54B
Enterprise Value$6.00K
Total Cash (Recent Filing)$191.60M
Total Debt (Recent Filing)$29.17M
Price to Earnings (P/E)33.8
Beta0.97
Next Earnings
Nov 11, 2026EPS Estimate
0.41Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.72
Shares Outstanding191,812,900
10 Day Avg. Volume2,235,296
30 Day Avg. Volume2,691,630
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)1.62
Price to Sales (P/S)5.70
P/FCF Ratio22.13
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$32.43Price Target Upside44.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)1.64
Revenue Forecast (FY)$1.28B
Bulls Say, Bears Say
Bulls Say
High Profitability & MarginsConsistently high adjusted EBITDA and a 43% margin reflect durable operating leverage from Waystar’s SaaS and transaction platform. Strong margins provide flexibility to fund R&D, AI initiatives and buybacks while absorbing volume variability, supporting sustainable cash generation.
Recurring Revenue & RetentionA growing subscription base and 108% net revenue retention signal sticky, expanding customer relationships. High recurring revenue mix reduces churn sensitivity, supports predictable cash flow, and underpins upsell/cross-sell economics that can drive durable margin expansion over multiple quarters.
Strong Cash Generation & Improved Balance SheetRobust TTM operating and free cash flow, together with a de‑risked balance sheet and sizable equity base, provide financial flexibility to fund AI investments, complete large implementations and execute a $200M buyback while managing leverage and preserving capital for strategic growth.
Bears Say
Sizable Gross DebtA $1.5B gross debt balance and multi‑turn leverage elevate refinancing and covenant risk if growth or cash conversion weakens. While leverage improved recently, sustained investment or slower revenue realization could tighten liquidity and limit strategic flexibility over the medium term.
Moderating Top-line MomentumTop‑line deceleration from earlier high-growth periods increases execution pressure: slower organic growth lengthens payback on sales/implementation investments, makes margin assumptions more sensitive to retention/upsell, and raises the bar to sustain current profit levels.
Rising AI/CapEx And FCF VariabilityMaterial ramp in capitalized software and AI compute increases near‑term cash outlays and capex run‑rate, while FCF conversion has shown quarter variability. Sustained elevated reinvestment could pressure free cash flow and force tradeoffs between growth, margins and debt reduction.
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 $17.26 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 $4.54B.
When is Waystar Holding Corp.’s upcoming earnings report date?
Waystar Holding Corp.’s upcoming earnings report date is Nov 11, 2026 which is in 103 days.
How were Waystar Holding Corp.’s earnings last quarter?
Waystar Holding Corp. released its earnings results on Jul 29, 2026. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.398 by $0.032.
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 0.41.
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 $0.43 in its last earnings report, beating expectations of $0.398. Following the earnings report the stock price went down -14.6%.
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:
$32.43 (44.06% Upside)
$32.43 (44.06% Upside)
Blogger Sentiment
Bullish
WAY Sentiment 80%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 6.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.3%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.12%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
26.41%
Trailing 12-Months
Company Description
Waystar Holding Corp.
Waystar Holding Corp. (WAY) is a healthcare technology company that provides cloud-based software and data solutions to hospitals and health systems, primarily focused on revenue cycle management (RCM). Its platform supports administrative and financial workflows such as patient registration and scheduling, insurance eligibility and authorization, medical billing and coding support, claims submission, payment processing, denial management, and analytics intended to help providers manage patient access and optimize reimbursement.
WAY Company Deck
WAY Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrayed a largely positive operational and financial picture: strong top-line growth (18% YoY revenue), robust adjusted EBITDA and margin expansion, healthy subscription momentum, large ACV bookings, early traction from the Iodine integration, and raised guidance. Challenges noted are mainly execution and investment related—longer implementation timelines for large deals, elevated capitalized software and AI compute investment, modest near-term pressure on volume-based revenue due to tough comps, and a sizable debt balance. Management communicated confidence in demand, execution, and disciplined reinvestment while preserving healthy margins and cash flow.View all WAY earnings summariesWAY Stock 12 Month Forecast
Average Price Target
$32.43
▲(44.06% Upside)
Technical Analysis
Ownership Overview
39.59% Insiders
30.29% Mutual Funds
1.41% Other Institutional Investors
13.33% Public Companies and
Individual Investors