Waystar Holding Corp. (WAY)
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]
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 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.
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.

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...

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, ...

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")...

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...

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...

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

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...
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.