Waystar (NASDAQ:WAY) Updates FY 2026 Earnings Guidance

Waystar (NASDAQ:WAY) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.590-1.680 for the period, compared to the consensus earnings per share estimate of 1.590. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. The Goldman Sachs Group set a $44.00 target price on shares of Waystar in a research note on Wednesday, January 14th. Leerink Partners assumed coverage on Waystar in a research note on Monday, February 2nd. They issued an “outperform” rating and a $43.00 price target on the stock. Citigroup lowered their price objective on Waystar from $49.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, January 9th. UBS Group began coverage on Waystar in a report on Monday, December 15th. They issued a “buy” rating and a $41.00 target price on the stock. Finally, BMO Capital Markets assumed coverage on Waystar in a research note on Thursday, November 13th. They issued an “outperform” rating and a $47.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $45.50.

Waystar Price Performance

Shares of NASDAQ WAY opened at $22.41 on Tuesday. The firm has a market cap of $4.29 billion, a P/E ratio of 36.15, a PEG ratio of 0.28 and a beta of 0.77. Waystar has a twelve month low of $21.45 and a twelve month high of $48.11. The company has a quick ratio of 3.89, a current ratio of 3.89 and a debt-to-equity ratio of 0.38. The company has a 50 day moving average of $29.66 and a 200 day moving average of $34.28.

Waystar (NASDAQ:WAY) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.03). The business had revenue of $303.54 million during the quarter, compared to analysts’ expectations of $294.72 million. Waystar had a return on equity of 6.83% and a net margin of 10.69%.Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. As a group, research analysts expect that Waystar will post 0.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other Waystar news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $30.08, for a total transaction of $1,209,968.00. Following the transaction, the insider owned 474,826 shares in the company, valued at approximately $14,282,766.08. This represents a 7.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Melissa F. (Missy) Miller sold 3,400 shares of Waystar stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $37.00, for a total transaction of $125,800.00. Following the completion of the sale, the chief marketing officer owned 193,261 shares of the company’s stock, valued at $7,150,657. This represents a 1.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 71,650 shares of company stock valued at $2,258,535. 4.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Waystar

Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp boosted its stake in shares of Waystar by 4.0% in the 4th quarter. State Street Corp now owns 4,134,052 shares of the company’s stock worth $135,390,000 after buying an additional 159,183 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Waystar by 3,883.4% in the second quarter. Alliancebernstein L.P. now owns 3,268,932 shares of the company’s stock valued at $133,601,000 after acquiring an additional 3,186,869 shares during the period. Invesco Ltd. lifted its holdings in Waystar by 63.0% in the third quarter. Invesco Ltd. now owns 3,130,230 shares of the company’s stock valued at $118,698,000 after acquiring an additional 1,209,276 shares during the period. Bank of America Corp DE boosted its position in Waystar by 10.7% in the second quarter. Bank of America Corp DE now owns 2,087,680 shares of the company’s stock worth $85,323,000 after purchasing an additional 201,262 shares during the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in Waystar by 4,717.4% in the third quarter. Alyeska Investment Group L.P. now owns 1,814,648 shares of the company’s stock worth $68,811,000 after purchasing an additional 1,776,979 shares during the last quarter.

About Waystar

Waystar (NASDAQ:WAY) is a leading provider of cloud-based revenue cycle management and payment solutions for healthcare organizations. The company’s unified platform streamlines the entire financial continuum of patient care, from eligibility verification and claim submission to payment reconciliation and patient billing. By automating key processes and improving claim accuracy, Waystar helps providers reduce administrative overhead, accelerate cash flow and enhance overall revenue performance.

At the core of Waystar’s offering is a SaaS-based architecture that integrates seamlessly with existing electronic health record (EHR) systems and payer networks.