Waystar Holding Corp. (WAY)

NASDAQ: WAY · Real-Time Price · USD
34.71
+0.23 (0.67%)
Aug 12, 2025, 11:32 AM - Market open
0.67%
Market Cap6.05B
Revenue (ttm)1.01B
Net Income (ttm)85.95M
Shares Out 174.24M
EPS (ttm)0.48
PE Ratio71.66
Forward PE23.86
Dividendn/a
Ex-Dividend Daten/a
Volume240,114
Open34.66
Previous Close34.48
Day's Range34.47 - 34.79
52-Week Range24.09 - 48.11
Betan/a
AnalystsStrong Buy
Price Target42.31 (+21.9%)
Earnings DateJul 30, 2025

About WAY

Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payment management, denial prevention and recovery, revenue capture, and analytics and reporting solutions. It primarily serves healthcare industry. The company was founded in 2017 and is headquartered in Lehi, Utah. [Read more]

Sector Healthcare
IPO Date Jun 7, 2024
Employees 1,500
Stock Exchange NASDAQ
Ticker Symbol WAY
Full Company Profile

Financial Performance

In 2024, Waystar Holding's revenue was $943.55 million, an increase of 19.28% compared to the previous year's $791.01 million. Losses were -$19.13 million, -62.74% less than in 2023.

Financial Statements

Analyst Summary

According to 13 analysts, the average rating for WAY stock is "Strong Buy." The 12-month stock price target is $42.31, which is an increase of 21.90% from the latest price.

Price Target
$42.31
(21.90% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Waystar Posts Impressive Q2 Numbers: Why I Maintain A Buy Rating

Waystar delivered a strong Q2 2025 with 15.4% revenue growth, EPS beat, and robust subscription expansion, justifying my continued buy rating. The $1.25B Iodine Software acquisition is a strategic lea...

2 days ago - Seeking Alpha

Waystar Holding Corp. (WAY) Q2 2025 Earnings Call Transcript

Waystar Holding Corp. (NASDAQ:WAY) Q2 2025 Earnings Conference Call July 30, 2025 4:30 PM ET Company Participants Matthew J. Hawkins - CEO & Director Steven M.

12 days ago - Seeking Alpha

Waystar Reports Second Quarter 2025 Results

Q2 revenue growth of 15% year-over-year Q2 net income of $32.2 million and non-GAAP net income of $65.7 million Q2 net income margin of 12%; adjusted EBITDA margin of 42% Raising revenue and adjusted ...

12 days ago - PRNewsWire

Waystar Holding Corp. (WAY) Presents at Mergers & Aquisitions Call Transcript

Waystar Holding Corp. (NASDAQ:WAY) Mergers & Aquisitions Conference Call July 23, 2025 5:30 PM ET Company Participants Matthew J. Hawkins - CEO & Director Steven M.

17 days ago - Seeking Alpha

AI-Focused Waystar, Iodine Deal Wins Praise For Margin Upside

Waystar Holding WAY on Wednesday agreed to acquire Iodine Software from shareholders led by Advent International, a private equity firm, for a total of $1.25 billion.

19 days ago - Benzinga

Waystar to Acquire Iodine Software, Accelerating the AI-Powered Transformation of Healthcare Payments

Extends Waystar's AI leadership into clinical intelligence  software , unlocking greater value for clients and shareholders Highly recurring subscription-based business projected to be accretive to Wa...

19 days ago - PRNewsWire

Waystar nears deal to buy Iodine Software for up to $1.2 billion, WSJ reports

Healthcare software firm Waystar is nearing a deal to buy privately held Iodine Software in a deal worth over $1.2 billion including debt, the Wall Street Journal reported on Wednesday, citing people ...

19 days ago - Reuters

Waystar Nears Deal for Iodine Software

The deal would value private-equity backed Iodine Software around $1.2 billion, including debt.

19 days ago - WSJ

Waystar to Announce Second Quarter 2025 Financial Results on July 30, 2025

LEHI, Utah, and LOUISVILLE, Ky. , July 9, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial res...

4 weeks ago - PRNewsWire

New Study Reveals AI Adoption in Healthcare Payments Reaches Strategic Inflection Point

Study finds AI is delivering double-digit gains in revenue cycle performance, becoming indispensable to healthcare providers' success LEHI, Utah and LOUISVILLE, Ky. , June 23, 2025 /PRNewswire/ -- Way...

7 weeks ago - PRNewsWire

Waystar Appoints Aashima Gupta and Michael Roman to Board of Directors

New directors bring deep expertise in AI innovation, healthcare, and enterprise growth LEHI, Utah and LOUISVILLE, Ky. , June 16, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of...

2 months ago - PRNewsWire

Jopari Solutions and Waystar Partner to Deliver Seamless eBilling Solution for Providers Nationwide

CONCORD, Calif.--(BUSINESS WIRE)--Jopari Solutions, a pioneer in healthcare information technology known for its innovative electronic billing, attachment management, and payment solutions, is pleased...

2 months ago - Business Wire

Waystar Named a Best Company to Work For by U.S. News & World Report

LEHI, Utah and LOUISVILLE, Ky. , May 29, 2025 /PRNewswire/ -- Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced it has been named a 2025–2026 Best Company to Wo...

2 months ago - PRNewsWire

Waystar, OneStream, Vertex Among Analyst Favorites As Solid Guidance Fuel Bullish Outlook

After a rough start to the year, small- and mid-cap software stocks may be finding their footing. Goldman Sachs analyst Adam Hotchkiss says first-quarter results across his coverage were better than f...

Other symbols: OSVERX
2 months ago - Benzinga

Waystar Q1 Review: Navigating Premium Valuation With A View To Buy

Waystar's Q1 2025 revenue rose 14% YoY, driven by strong AI integration, high client retention, and expanding subscription revenues. Recent insider and private equity share sales may pressure the stoc...

2 months ago - Seeking Alpha

EQT completes public offering of common stock of Waystar Holding Corp.

The offering resulted in aggregate gross proceeds of c. USD557.0 million, of which EQT received c.

2 months ago - PRNewsWire

Waystar Announces Pricing of Public Offering of Common Stock

LEHI, Utah and LOUISVILLE, Ky., May 14, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY) ("Waystar"), a provider of leading healthcare payments software, today announced the pricing of its und...

3 months ago - PRNewsWire

Waystar Announces Proposed Public Offering of Common Stock

LEHI, Utah and LOUISVILLE, Ky. , May 13, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY) ("Waystar"), a provider of leading healthcare payments software, today announced a proposed underwritt...

3 months ago - PRNewsWire

Waystar Named Top Healthcare Payments Software Platform by MedTech Breakthrough

Recognition underscores the differentiated value of Waystar's software platform in addressing nearly half a trillion dollars in administrative waste LEHI, Utah and LOUISVILLE, Ky. , May 8, 2025 /PRNew...

3 months ago - PRNewsWire

Waystar Holding Corp. (WAY) Q1 2025 Earnings Call Transcript

Waystar Holding Corp. (NASDAQ:WAY) Q1 2025 Earnings Conference Call April 30, 2025 4:30 PM ET Company Participants Sandy Draper – Vice President-Investor Relations Matt Hawkins – Chief Executive Offi...

3 months ago - Seeking Alpha

Waystar to Present at Upcoming Investor Conferences

LEHI, Utah and LOUISVILLE, Ky. , April 30, 2025 /PRNewswire/ -- Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt Hawkins and ...

3 months ago - PRNewsWire

Waystar Reports First Quarter 2025 Results

Q1 revenue growth of 14% year-over-year Q1 net income of $29.3 million and non-GAAP net income of $58.7 million Q1 net income margin of 11%; adjusted EBITDA margin of 42% Raising revenue and adjusted ...

3 months ago - PRNewsWire

Waystar Launches New Generative AI and Advanced Automation Across Its Software Platform to Address Billions in Administrative Waste

Altitude AI™ expansion accelerates mission-critical claim processes from days to minutes — unlocking major efficiency gains for providers LEHI, Utah, and LOUISVILLE, Ky. , April 23, 2025 /PRNewswire/ ...

3 months ago - PRNewsWire

Waystar to Announce First Quarter 2025 Financial Results on April 30, 2025

LEHI, Utah and LOUISVILLE, Ky. , April 7, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial res...

4 months ago - PRNewsWire

Waystar's Modest FY25 Outlook Faces Growth Challenges: Goldman Sachs Analyst Weighs In

Goldman Sachs analyst Adam Hotchkiss reiterated the Buy rating on Waystar Holding Corp. WAY, with a price forecast of $52.

4 months ago - Benzinga