Waystar (NASDAQ:WAY) Given New $38.00 Price Target at Truist Financial

Waystar (NASDAQ:WAY) had its target price dropped by analysts at Truist Financial from $51.00 to $38.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective suggests a potential upside of 50.73% from the company’s current price.

A number of other equities analysts have also weighed in on WAY. Citigroup decreased their price objective on shares of Waystar from $49.00 to $46.00 and set a “buy” rating for the company in a report on Friday, January 9th. Mizuho set a $42.00 price objective on Waystar in a research report on Wednesday, February 4th. Wall Street Zen raised Waystar from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Leerink Partners assumed coverage on shares of Waystar in a research note on Monday, February 2nd. They set an “outperform” rating and a $43.00 target price on the stock. Finally, Evercore set a $27.00 price target on shares of Waystar in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Waystar currently has a consensus rating of “Buy” and an average target price of $39.57.

Waystar Stock Up 3.7%

Shares of WAY traded up $0.90 during trading hours on Wednesday, hitting $25.21. The company had a trading volume of 1,011,672 shares, compared to its average volume of 2,657,480. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 40.72, a P/E/G ratio of 0.28 and a beta of 0.75. The firm has a fifty day moving average price of $29.54 and a 200-day moving average price of $34.20. Waystar has a 52-week low of $21.13 and a 52-week high of $45.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.89 and a current ratio of 3.89.

Waystar (NASDAQ:WAY) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.03). The firm had revenue of $303.54 million for the quarter, compared to analysts’ expectations of $294.72 million. Waystar had a net margin of 10.69% and a return on equity of 6.83%. The business’s revenue for the quarter was up 24.3% compared to the same quarter last year. During the same period last year, the company posted $0.29 earnings per share. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. On average, equities research analysts forecast that Waystar will post 0.39 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CMO Melissa F. (Missy) Miller sold 3,400 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $37.00, for a total value of $125,800.00. Following the transaction, the chief marketing officer owned 193,261 shares of the company’s stock, valued at approximately $7,150,657. This trade represents a 1.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CTO Christopher L. Schremser sold 8,623 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $30.41, for a total transaction of $262,225.43. Following the sale, the chief technology officer directly owned 422,371 shares of the company’s stock, valued at approximately $12,844,302.11. This represents a 2.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 71,650 shares of company stock valued at $2,258,535. Insiders own 4.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Advent International L.P. purchased a new stake in shares of Waystar in the 4th quarter worth $362,212,000. Vanguard Group Inc. grew its holdings in Waystar by 35.5% during the third quarter. Vanguard Group Inc. now owns 12,289,810 shares of the company’s stock valued at $466,030,000 after purchasing an additional 3,219,586 shares during the period. Alliancebernstein L.P. increased its position in Waystar by 3,883.4% in the second quarter. Alliancebernstein L.P. now owns 3,268,932 shares of the company’s stock worth $133,601,000 after buying an additional 3,186,869 shares in the last quarter. Artisan Partners Limited Partnership purchased a new stake in Waystar in the third quarter worth about $95,497,000. Finally, Alyeska Investment Group L.P. raised its stake in shares of Waystar by 4,717.4% in the third quarter. Alyeska Investment Group L.P. now owns 1,814,648 shares of the company’s stock worth $68,811,000 after buying an additional 1,776,979 shares during the period.

Key Stories Impacting Waystar

Here are the key news stories impacting Waystar this week:

• Positive Sentiment: Q4 revenue beat and profitability — Waystar posted Q4 revenue of ~$304M (up ~24% YoY) and reported GAAP and non‑GAAP profitability, which underpins confidence in the business model and margins. Waystar Reports Fourth Quarter and Fiscal Year 2025 Results, Provides 2026 Guidance
• Positive Sentiment: Management set a double‑digit revenue growth target and provided FY‑2026 EPS guidance that implies continued growth and margin stability — this helped lift sentiment despite mixed headline metrics. Waystar Holding Earnings Preview
• Positive Sentiment: Analyst support for growth story — some firms (e.g., Needham) reiterated Buy ratings, citing AI-driven growth and execution even as they adjust valuations. Waystar: AI-Driven Growth and Solid Execution Underpin Buy Rating
• Neutral Sentiment: Guidance was broadly in line with consensus (EPS range in line with street and revenue target ~ $1.3B), so the company did not materially revise long‑term expectations. Waystar Q4 Slide Deck / Press Release
• Neutral Sentiment: Earnings call materials and transcripts are available for deeper read on product cadence and AI initiatives — useful for investors parsing sustainability of margins and revenue mix. Waystar Q4 2025 Earnings Call Transcript
• Negative Sentiment: EPS missed the consensus ($0.36 vs. $0.39), which tempers the upside from the revenue beat and suggests near-term margin/expense cadence merits watching. Waystar Q4 Earnings Lag Estimates
• Negative Sentiment: Analysts trimmed price targets (Mizuho to $42 from $50; Needham cut PT to $33 from $46) — shows caution about competitive/valuation pressures despite maintained Outperform/Buy ratings. Mizuho Lowers Waystar Price Target to $42
• Negative Sentiment: Risk signals and trading flows — an analyst flagged AI-related legal/operational risks, and there was unusual put buying volume (5,167 puts), indicating some investors hedging or betting on near-term downside. AI Risks Loom Over Waystar

Waystar Company Profile

Waystar (NASDAQ:WAY) is a leading provider of cloud-based revenue cycle management and payment solutions for healthcare organizations. The company’s unified platform streamlines the entire financial continuum of patient care, from eligibility verification and claim submission to payment reconciliation and patient billing. By automating key processes and improving claim accuracy, Waystar helps providers reduce administrative overhead, accelerate cash flow and enhance overall revenue performance.

At the core of Waystar’s offering is a SaaS-based architecture that integrates seamlessly with existing electronic health record (EHR) systems and payer networks.