Waystar Holding Corp. (WAY)

NASDAQ: WAY · Real-Time Price · USD
38.25
+0.24 (0.63%)
Sep 16, 2025, 4:00 PM EDT - Market closed
0.63%
Market Cap6.66B
Revenue (ttm)1.01B
Net Income (ttm)85.95M
Shares Out 174.24M
EPS (ttm)0.48
PE Ratio79.06
Forward PE26.31
Dividendn/a
Ex-Dividend Daten/a
Volume3,861,857
Open38.25
Previous Close38.01
Day's Range37.98 - 38.60
52-Week Range26.26 - 48.11
Betan/a
AnalystsStrong Buy
Price Target44.67 (+16.78%)
Earnings DateNov 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]

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 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.

Price Target
$44.67
(16.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

21 hours ago - PRNewsWire

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.

1 day ago - CNBC Television

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.

4 days ago - PRNewsWire

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...

5 days ago - PRNewsWire

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...

6 days ago - Seeking Alpha

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...

6 days ago - PRNewsWire

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 ...

7 days ago - PRNewsWire

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...

7 days ago - PRNewsWire

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 ...

21 days ago - PRNewsWire

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/...

22 days ago - 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...

5 weeks ago - PRNewsWire

The Best Small-Cap Stocks to Buy Now

Wall Street's best small-cap stocks to buy include biotech, real estate and software names.

Other symbols: DNLIKYMR
5 weeks ago - Kiplinger

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...

5 weeks 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.

6 weeks 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 ...

6 weeks 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.

7 weeks 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.

7 weeks 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...

7 weeks 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 ...

7 weeks ago - Reuters

Waystar Nears Deal for Iodine Software

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

7 weeks 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...

2 months 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...

3 months 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...

3 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...

3 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...

3 months ago - PRNewsWire