Waystar (NASDAQ:WAY) Issues FY 2026 Earnings Guidance

Waystar (NASDAQ:WAY) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.630-1.710 for the period, compared to the consensus EPS estimate of 1.630. The company issued revenue guidance of $1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Analyst Ratings Changes

A number of brokerages have commented on WAY. BMO Capital Markets restated an “outperform” rating on shares of Waystar in a research note on Thursday, August 27th. Canaccord Genuity Group lifted their target price on shares of Waystar from $33.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday. KeyCorp lifted their target price on shares of Waystar from $30.00 to $35.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Citigroup reaffirmed a “buy” rating on shares of Waystar in a research report on Monday, July 20th. Finally, Wolfe Research upgraded shares of Waystar to an “outperform” rating in a research note on Thursday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Waystar presently has an average rating of “Moderate Buy” and an average target price of $35.23.

Waystar Stock Performance

NASDAQ WAY opened at $29.69 on Thursday. Waystar has a twelve month low of $17.26 and a twelve month high of $37.51. The business has a 50-day moving average price of $26.38 and a 200-day moving average price of $23.96. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.36. The firm has a market cap of $5.71 billion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 1.08 and a beta of 0.11.

Waystar (NASDAQ:WAY) last posted its earnings results on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The company had revenue of $325.62 million during the quarter, compared to analysts’ expectations of $323.43 million. Waystar had a net margin of 10.70% and a return on equity of 6.91%. Waystar’s quarterly revenue was up 21.2% on a year-over-year basis. During the same period last year, the company posted $0.37 earnings per share. As a group, equities research analysts predict that Waystar will post 1.47 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Matthew Hawkins sold 82,500 shares of the company’s stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $26.23, for a total transaction of $2,163,975.00. Following the sale, the chief executive officer owned 1,804,794 shares of the company’s stock, valued at $47,339,746.62. This represents a 4.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 247,500 shares of company stock valued at $6,370,499 in the last quarter. Insiders own 3.50% of the company’s stock.

Waystar Company Profile

Waystar Holding Corp. is a healthcare technology company that provides cloud-based software designed to simplify administrative and financial processes across the healthcare industry. Its platform connects healthcare providers, health plans and patients, helping organizations manage revenue cycle operations and improve the flow of information and payments.

The company’s products and services include electronic claims management, eligibility and benefits verification, prior authorization, payment integrity, denial management, patient estimates and payments, billing automation, and healthcare analytics.