Waystar Holding Corp. WAY
- Market cap
- $4.7B
- P/E
- 34.3×
Follow WAY
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | 20.26 | 29.40 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | — | — | — | — | — | — | — | 38.35 | 48.11 |
High Price
|
|||
| — | — | — | — | — | — | — | 1,400 | 1,500 | 1,700 |
Employees
|
|||
| — | — | — | — | — | — | 0 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| — | — | — | — | — | — | 705 | 791 | 944 | 1,099 |
Revenue
|
|||
| — | — | — | — | — | — | 69.51% | 68.42% | 66.54% | 68.33% |
Gross Margin
|
|||
| — | — | — | — | — | — | (66) | (64) | (23) | 172 |
EBT
|
|||
| — | — | — | — | — | — | (9.35%) | (8.07%) | (2.39%) | 15.63% |
EBT Margin
|
|||
| — | — | — | — | — | — | (51) | (51) | (19) | 112 |
Net Income
|
|||
| — | — | — | — | — | — | 193 | 187 | 191 | 143 |
Depreciation
|
|||
| — | — | — | — | — | — | 5.79 | 6.50 | 6.29 | 6.18 |
Revenue/Sh
|
|||
| — | — | — | — | — | — | (0.42) | (0.42) | (0.13) | 0.63 |
Earnings/Sh
|
|||
| — | — | — | — | — | — | 0.84 | 0.42 | 1.13 | 1.74 |
Cash Flow/Sh
|
|||
| — | — | — | — | — | — | (0.14) | (0.18) | (0.18) | (0.15) |
Capex/Sh
|
|||
| — | — | — | — | — | — | 0.70 | 0.25 | 0.95 | 1.59 |
Free CF/Sh
|
|||
| — | — | — | — | — | — | 17.31 | 16.85 | 20.54 | 21.80 |
Book Value/Sh
|
|||
| — | — | — | — | — | — | 122 | 122 | 150 | 178 |
Shares
|
|||
| — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 51.17 |
PE Ratio
|
|||
| — | — | — | — | — | — | 0.00 | 0.00 | 5.83 | 5.30 |
PS Ratio
|
|||
| — | — | — | — | — | — | 1.23 | 1.23 | 1.79 | 1.50 |
PB Ratio
|
|||
| — | — | — | — | — | — | 0.00 | 0.00 | 6.93 | 6.55 |
EV/Sales
|
|||
| — | — | — | — | — | — | 133.94 | 133.94 | 45.90 | 25.42 |
EV/FCF
|
|||
| — | — | — | — | — | — | 103 | 51 | 170 | 310 |
Op' Cash Flow
|
|||
| — | — | — | — | — | — | (17) | (22) | (27) | (26) |
Capex
|
|||
| — | — | — | — | — | — | 85 | 30 | 143 | 283 |
FCF
|
|||
| — | — | — | — | — | — | 116 | 99 | 225 | 90 |
Working Cap'
|
|||
| — | — | — | — | — | — | 2,239 | 2,230 | 1,244 | 1,473 |
Total Debt
|
|||
| — | — | — | — | — | — | 2,166 | 2,184 | 1,039 | 1,371 |
Net Debt
|
|||
| — | — | — | — | — | — | 2,106 | 2,050 | 3,080 | 3,879 |
Sh' Equity
|
|||
| — | — | — | — | — | — | 0.00% | (1.11%) | (0.42%) | 2.16% |
ROA
|
|||
| — | — | — | — | — | — | 1.31% | 2.10% | 1.88% | 2.97% |
ROIC
|
|||
| — | — | — | — | — | — | 0.00% | (2.47%) | (0.75%) | 3.22% |
ROE
|
|||
Waystar Holding Corp. peers in Health Information Services
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| DOCS Doximity, Inc. | $4.6B | 29.6× | Compare |
| HTFL Heartflow, Inc. | $4.2B | 0.0× | Compare |
| HQY HealthEquity, Inc. | $7.3B | 31.6× | Compare |
| HNGE Hinge Health Inc. | $7.4B | 70.8× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PRVA Privia Health Group, Inc. | $2.5B | 89.6× | Compare |
| SDGR Schrodinger, Inc. | $2.2B | 0.0× | Compare |
| TXG 10x Genomics | $11.1B | 0.0× | Compare |
| BTSG BrightSpring Health Services, Inc. | $11.1B | 31.6× | Compare |
Waystar Holding Corp. (WAY) key facts
- Waystar Holding Corp. (WAY) is a Health Information Services company in the Healthcare sector, listed on Nasdaq.
- Waystar Holding Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 16.5% from fiscal 2024.
- As of September 25, 2026, WAY traded at $24.70, a market capitalization of $4.7 billion.
- Return on equity was 3.22% and debt-to-equity 0.37.
Waystar Holding Corp. (WAY) Latest News
20 Sep
Waystar Holding Corp. (WAY) is considering a return to private ownership. Return to private ownership constitutes a major strategic move that could significantly alter the company's ownership structure and investor sentiment.
15 Sep
Waystar Holding Corp. (WAY) shares surge on sale rumors, with RBC Capital Markets naming the tech firm as the obvious leading candidate for a transaction. Sale speculation around Waystar Holding Corp. signals a major ownership shift that could reshape its strategic path and investor sentiment.
Waystar Holding Corp. shares surge on reports the medical software maker is exploring a sale. Potential sale constitutes a major strategic move that could significantly alter ownership structure and valuation trajectory.
Waystar Holding Corp. (WAY) shares rose 3.3% on reports the company is exploring a potential sale. Potential sale exploration signals major strategic shift likely to reshape company trajectory and market performance.
26 Aug
Waystar Holding Corp. (WAY) launches new agentic solutions converting AI into actionable tools across revenue cycle operations. New agentic AI solutions directly target core revenue cycle functions with potential to shift operational efficiency and market positioning.
25 Aug
Waystar Holding Corp. announced plans to advance autonomous revenue cycle management through AI and automation at its Investor Day. AI and automation push targets core revenue cycle operations with potential to drive efficiency gains and competitive positioning.
Waystar Holding Corp. expands its executive leadership team to accelerate innovation and growth. Leadership expansion targets innovation and growth but represents a moderate rather than transformative shift.
7 Aug
Waystar Holding Corp. (WAY) Q2 2026 earnings call transcript details quarterly financial results and executive discussions on performance. Earnings call transcript outlines quarterly results and guidance influencing market valuation.
30 Jul
Waystar Holding Corp posted 18% revenue growth in Q2 2026 driven by AI initiatives. Strong AI-fueled revenue growth signals major positive shifts in company trajectory and investor outlook.
Waystar Holding Corp. (WAY) held Q2 2026 earnings call covering financial results and outlook. Quarterly earnings call delivers financial metrics and guidance that moderately shape near-term market views.
29 Jul
Waystar Holding Corp. (WAY) released Q2 earnings call highlights covering revenue, profitability metrics and forward guidance. Q2 earnings release and guidance directly shape near-term valuation and trading activity for WAY.
Waystar Holding Corp. (WAY) shares rose 17.9% after the company boosted its 2026 outlook and named a new CFO. Boosted 2026 outlook and new CFO appointment represent major strategic updates likely to significantly influence company trajectory and investor sentiment.
Waystar Holding Corp. (WAY) reported its second quarter 2026 financial results. Quarterly earnings releases typically drive notable shifts in stock price and investor outlook.
Waystar Holding Corp. (WAY) reported Q2 earnings and discussed key metrics. Q2 earnings report and metrics may moderately influence financial outlook and investor sentiment.
24 Jul
Waystar Holding Corp. lost appeal as slower demand weakened profit cycle confidence. Slower demand and lost appeal weaken profit expectations and investor sentiment for Waystar Holding.
21 Jul
Waystar Holding Corp. earns an overall "A" rating from KLAS for revenue cycle suites, reinforcing its platform advantage in a fragmented market. KLAS "A" rating strengthens Waystar competitive positioning and market sentiment in revenue cycle management.
6 Jul
KeyBanc identifies investor misunderstandings about Waystar Holding Corp. (WAY) that could affect perceptions of the company's outlook. KeyBanc analyst note corrects investor views on Waystar and may moderately shift sentiment or valuation.
9 Jun
Waystar Holding Corp. (WAY) research shows healthcare leaders integrating financial and clinical data recover millions in previously missed revenue. Findings promote data integration benefits directly tied to Waystar's core revenue cycle solutions and market positioning.
4 Jun
Waystar Holding Corp. (WAY) launches share buyback program viewed as positive signal for future prospects and performance. Share buyback programs provide moderate support to stock prices and reflect management confidence without fundamentally altering company trajectory.
22 May
Waystar Holding Corp. (WAY) shares dropped sharply on investor fears that artificial intelligence could disrupt its core business operations and competitive standing. AI disruption fears point to major strategic and market shifts that could significantly change the company's trajectory.
19 May
Waystar Holding Corp. authorized a $200 million share repurchase program, indicating management confidence in the company's long-term growth and financial strength. The buyback authorization offers moderate support to share price and sentiment without shifting core operations or long-term trajectory.
5 May
Waystar Holding (WAY) reported Q1 adjusted EPS above analyst estimates. Q1 adjusted EPS beat signals stronger-than-expected financial performance with moderate positive influence on market sentiment.
1 May
Waystar Holding Corp. (WAY) reported a 17% earnings per share beat. Analysts are forecasting the company's next performance outlook. 17% EPS beat indicates strong financial results likely to enhance investor sentiment and future market performance.
30 Apr
Waystar Holding Corp (WAY) reported strong revenue growth in Q1 2026 earnings call highlights. Strong Q1 2026 revenue growth indicates significant positive impact on Waystar's financial trajectory and investor sentiment.
29 Apr
Waystar Holding Corp. (WAY) released Q1 earnings call highlights, covering financial results, guidance, and strategic updates. Q1 earnings highlights detail financial performance and future outlook, significantly impacting stock trajectory and investor sentiment.
Waystar Holding Corp. (WAY) Q1 2026 earnings call transcript released, detailing first-quarter financial results, management discussion, and forward guidance. Q1 2026 earnings transcript discloses key financial metrics, strategic updates, and outlook with potential to significantly sway investor sentiment and stock trajectory.
Waystar Holding Corp. (WAY) reported Q1 earnings, analyzing key metrics for performance insights. Q1 earnings reports reveal financial health and guidance that significantly influence stock trajectory and investor sentiment.
Waystar Holding Corp. (WAY) reported Q1 earnings and revenues that surpassed analyst estimates. Surpassing Q1 earnings and revenue estimates signals strong financial performance likely to enhance investor sentiment and company trajectory.
Waystar Holding Corp. (WAY) reported first quarter 2026 results, highlighting financial performance for the period. Quarterly earnings reports like Q1 2026 results typically drive significant stock volatility and shape investor expectations for future growth.
Waystar Holding Corp. released Q1 2026 earnings call summary detailing quarterly financial results, revenue growth, profitability metrics, and forward guidance. Quarterly earnings summary impacts financial performance and investor sentiment moderately without transformative shifts.