Waystar Holding Corp. (WAY)

NASDAQ: WAY · Real-Time Price · USD
38.92
-0.07 (-0.18%)
Mar 25, 2025, 4:00 PM EST - Market closed
-0.18%
Market Cap 6.70B
Revenue (ttm) 943.55M
Net Income (ttm) -19.13M
Shares Out 172.15M
EPS (ttm) -0.13
PE Ratio n/a
Forward PE 29.60
Dividend n/a
Ex-Dividend Date n/a
Volume 1,015,379
Open 39.15
Previous Close 38.99
Day's Range 38.73 - 39.68
52-Week Range 20.26 - 48.11
Beta n/a
Analysts Strong Buy
Price Target 41.73 (+7.22%)
Earnings Date May 10, 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 Forecast

According to 12 analysts, the average rating for WAY stock is "Strong Buy." The 12-month stock price forecast is $41.73, which is an increase of 7.22% from the latest price.

Price Target
$41.73
(7.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

7 hours ago - Benzinga

New research reveals that investing in AI and advanced automation is a top 2025 priority for RCM leaders

92% of leaders rank AI and advanced automation as a key focus for overcoming industry challenges Patient Access and Claim Management emerge as the top RCM functions prioritized for automation investme...

21 days ago - PRNewsWire

Waystar expands authorization automation to address healthcare providers' top 2025 investment priority

Latest software innovation automates  every step of the authorization submission process, reducing time by 70% and dramatically boosting auto-approval rates LEHI, Utah, and LOUISVILLE, Ky. , Feb. 28, ...

25 days ago - PRNewsWire

EQT completes public offering of common stock of Waystar Holding Corp

The offering resulted in aggregate gross proceeds of USD920 million, of which EQT received c. USD393 million NEW YORK , Feb. 24, 2025 /PRNewswire/ -- An affiliate of the fund known as EQT VIII ("EQT")...

4 weeks ago - PRNewsWire

Waystar Announces Pricing of Public Offering of Common Stock

LEHI, UT. and LOUISVILLE, KY., Feb. 20, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY) ("Waystar"), a provider of leading healthcare payments software, today announced the pricing of its und...

4 weeks ago - PRNewsWire

Waystar Announces Proposed Public Offering of Common Stock

LEHI, Utah, and LOUISVILLE, Ky. , Feb. 18, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, a provider of leading healthcare payments softwa...

5 weeks ago - PRNewsWire

Waystar Holding Corp. (WAY) Q4 2024 Earnings Call Transcript

Waystar Holding Corp. (WAY) Q4 2024 Earnings Call Transcript

5 weeks ago - Seeking Alpha

Waystar Reports Fourth Quarter and Fiscal Year 2024 Results

Fiscal year 2024 revenue of $944M, up 19% YoY Q4 revenue growth of 18% year-over-year Q4 net income of $19.1 million and non-GAAP net income of $52.1 million Fiscal year 2024 net loss $19.1 million, 6...

5 weeks ago - PRNewsWire

Waystar recognized as the industry's leading AI-powered software platform

Black Book Market Research ™ survey of more than a thousand healthcare leaders ranked Waystar #1 in eight categories, more than any other RCM vendor LEHI, Utah and LOUISVILLE, Ky. , Feb. 13, 2025 /PRN...

5 weeks ago - PRNewsWire

Waystar recognized as the leading healthcare software platform with top marks for client satisfaction

Receives multiple Best in KLAS awards in Claims Management & Clearinghouse and Patient Access LEHI, Utah and LOUISVILLE, Ky., Feb. 5, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provid...

6 weeks ago - PRNewsWire

Waystar to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 18, 2025

LEHI, Utah and LOUISVILLE, Ky. , Jan. 28, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial res...

2 months ago - PRNewsWire

Healthy Returns: From Eli Lilly to Amazon, here are the latest health-care deals

Companies from Johnson & Johnson to Eli Lilly, Amazon and Nvidia are announcing health-related deals at the JPMorgan Health Care Conference.

2 months ago - CNBC

Waystar unveils transformative generative AI innovation to help providers recover billions of dollars tied to 450 million annual denied claims

Healthcare providers gain access to first-of-its-kind generative AI technology, leading to faster and more accurate payments LEHI, Utah, and LOUISVILLE, Ky. , Jan. 13, 2025 /PRNewswire/ -- Waystar (Na...

2 months ago - PRNewsWire

Waystar to Present at J.P. Morgan Healthcare Conference

LEHI, Utah and LOUISVILLE, Ky. , Jan. 6, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt ...

2 months ago - PRNewsWire

Waystar Announces Amendment to Its Credit Facilities

Enhancements expected to boost flexibility and lower borrowing costs LEHI, Utah and LOUISVILLE, Ky. , Dec. 30, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcar...

3 months ago - PRNewsWire

Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown

It's been nearly five years since the coronavirus broke out in the U.S., but digital health companies are still reeling from the aftermath. According to a CNBC analysis of 39 public digital health com...

3 months ago - CNBC

Waystar Named One of Forbes' Most Trusted Companies in America

LEHI, Utah, and LOUISVILLE, Ky. , Dec. 4, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that Forbes recognized Waystar as...

3 months ago - PRNewsWire

Waystar to Speak at Upcoming Investor Conferences

LEHI, Utah and LOUISVILLE, Ky. , Nov. 26, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt...

4 months ago - PRNewsWire

Waystar Reports Third Quarter 2024 Results

Revenue growth of 22% year-over-year Net income of $5.4 million and non-GAAP net income of $25.3 million Net income margin of 2%; Adjusted EBITDA margin of 40% LEHI, Utah and LOUISVILLE, Ky. , Nov. 6,...

4 months ago - PRNewsWire

Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years

Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3...

5 months ago - Seeking Alpha

Waystar to Announce Third Quarter 2024 Financial Results on November 6, 2024

LEHI, Utah and LOUISVILLE, Ky. , Oct. 14, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial res...

5 months ago - PRNewsWire

New Research from Waystar and Modern Healthcare Reveals AI's Transformative Impact on Healthcare Payments

Leading health systems and providers experience increased productivity, revenue, and satisfaction with AI adoption 75% report positive ROI from AI in healthcare payments; 90% plan to boost AI investme...

6 months ago - PRNewsWire

Waystar Wins Stevie® Awards for Company of the Year and AI Solutions in Healthcare

Company awarded several distinctions for healthcare payments software at 2024 International Business Awards® LEHI, Utah and LOUISVILLE, Ky. , Aug. 19, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasda...

7 months ago - PRNewsWire

Waystar CEO to Speak at Canaccord Genuity Growth Conference

LEHI, Utah and LOUISVILLE, Ky., Aug. 9, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt H...

8 months ago - PRNewsWire

Waystar CEO Matthew Hawkins: We currently utilize AI across our software platform

Matthew Hawkins, Waystar CEO, joins 'Closing Bell Overtime' to talk quarterly results and the stock pop that followed.

8 months ago - CNBC Television