Waystar Holding Corp. (WAY)
Market Cap | 6.05B |
Revenue (ttm) | 1.01B |
Net Income (ttm) | 85.95M |
Shares Out | 174.24M |
EPS (ttm) | 0.48 |
PE Ratio | 71.66 |
Forward PE | 23.86 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 240,114 |
Open | 34.66 |
Previous Close | 34.48 |
Day's Range | 34.47 - 34.79 |
52-Week Range | 24.09 - 48.11 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 42.31 (+21.9%) |
Earnings Date | Jul 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]
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 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.
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...

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...

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...

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...

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.

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...

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...

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...

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...

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 ...

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 ...

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/ ...

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...

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.