Waystar Holding Corp. (WAY)
Market Cap | 6.66B |
Revenue (ttm) | 1.01B |
Net Income (ttm) | 85.95M |
Shares Out | 174.24M |
EPS (ttm) | 0.48 |
PE Ratio | 79.06 |
Forward PE | 26.31 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,861,857 |
Open | 38.25 |
Previous Close | 38.01 |
Day's Range | 37.98 - 38.60 |
52-Week Range | 26.26 - 48.11 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 44.67 (+16.78%) |
Earnings Date | Nov 5, 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]
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 StatementsAnalyst Summary
According to 12 analysts, the average rating for WAY stock is "Strong Buy." The 12-month stock price target is $44.67, which is an increase of 16.78% from the latest price.
News

Waystar Advances AI Leadership with Next-Generation Denial Prevention and Reimbursement Recovery Innovations
Tackling $20 billion lost in denial recovery efforts and $17 billion in uncompensated care, helping providers unlock stronger financial performance and resilience LEHI, Utah and LOUISVILLE, Ky. , Sept...
Hospitals having to do more with less resources, this is where AI comes in, says Waystar CEO
Matt Hawkins, Waystar CEO, joins 'Closing Bell Overtime' to talk uteliΩing AI to boost efficiency in health care.

EQT completes public offering of common stock of Waystar Holding Corp.
The offering resulted in aggregate proceeds of c. USD $705.8 million, of which EQT received c.

Waystar Announces Pricing of Secondary Offering of Common Stock
LEHI, Utah, and LOUISVILLE, Ky. , Sept. 11, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY) ("Waystar"), a provider of leading healthcare payments software, today announced the pricing of the...

Waystar Holding Corp. (WAY) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
Waystar Holding Corp. (NASDAQ:WAY) Goldman Sachs Communacopia + Technology Conference 2025 September 10, 2025 6:05 PM EDT Company Participants Matthew Hawkins - CEO & Director Conference Call Partici...

Waystar Announces Launch of Secondary Offering of Common Stock
LEHI, Utah and LOUISVILLE, Ky. , Sept. 10, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY) ("Waystar"), a provider of leading healthcare payments software, today announced that certain invest...

Waystar Named a Best Workplace for Innovators in North America by Fast Company
Recognition highlights Waystar's impact as a technology innovator, driving breakthrough AI and automation to transform healthcare's financial experience LEHI, Utah and LOUISVILLE, Ky. , Sept. 9, 2025 ...

Waystar Announces Fall Innovation Showcase at Flagship Waystar True North Client Conference
The sold-out conference will debut breakthrough AI innovations and bring together healthcare's top technology and industry leaders to shape the future of healthcare payments LEHI, Utah, and LOUISVILLE...

Waystar to Present at Goldman Sachs Communacopia + Technology Conference
LEHI, Utah and LOUISVILLE, Ky. , Aug. 26, 2025 /PRNewswire/ -- Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that Chief Executive Officer Matt Hawkins will ...

Waystar Named Healthcare Company of the Year and Top-Ranked AI Software Platform in the 2025 Stevie® Awards
Recognitions underscore breakthrough innovations, meaningful client outcomes at scale, and leadership driving healthcare's AI transformation LEHI, Utah and LOUISVILLE, Ky. , Aug. 25, 2025 /PRNewswire/...

Waystar Enhances Financial Flexibility with Term Loan Repricing
Strong cash flow, ability to de-lever, and high lender demand drive favorable repricing terms LEHI, Utah, and LOUISVILLE, Ky. , Aug. 12, 2025 /PRNewswire/ -- Waystar (Nasdaq: WAY), a provider of leadi...

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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...

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.

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 ...

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.

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.

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...

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 ...

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

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...

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...

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...

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...

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...