Waystar (NASDAQ:WAY) Issues FY 2026 Earnings Guidance

Waystar (NASDAQ:WAY) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.630-1.710 for the period, compared to the consensus estimate of 1.630. The company issued revenue guidance of $1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Analysts Set New Price Targets

WAY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $39.00 price target on shares of Waystar in a research report on Friday, July 31st. Weiss Ratings upgraded Waystar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Waystar in a research note on Tuesday, September 15th. KeyCorp upped their target price on Waystar from $30.00 to $35.00 and gave the stock an “overweight” rating in a research note on Friday, October 16th. Finally, Wells Fargo & Company decreased their target price on Waystar from $36.00 to $33.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Waystar has an average rating of “Moderate Buy” and a consensus price target of $34.95.

Waystar Price Performance

Shares of WAY stock traded down $1.56 on Tuesday, reaching $26.58. 588,855 shares of the company were exchanged, compared to its average volume of 2,530,594. The company has a market cap of $5.10 billion, a price-to-earnings ratio of 37.97, a P/E/G ratio of 1.13 and a beta of 0.18. The business has a 50-day moving average price of $26.23 and a 200 day moving average price of $23.97. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.85 and a current ratio of 1.85. Waystar has a 1 year low of $17.26 and a 1 year high of $37.71.

Waystar (NASDAQ:WAY) last issued its quarterly earnings results on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Waystar had a net margin of 11.18% and a return on equity of 7.03%. The firm had revenue of $325.62 million for the quarter, compared to analyst estimates of $323.43 million. During the same period last year, the company posted $0.37 EPS. Waystar’s quarterly revenue was up 21.2% compared to the same quarter last year. Equities research analysts forecast that Waystar will post 1.47 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Waystar news, CEO Matthew Hawkins sold 82,500 shares of the stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $26.23, for a total transaction of $2,163,975.00. Following the completion of the transaction, the chief executive officer owned 1,804,794 shares of the company’s stock, valued at $47,339,746.62. This represents a 4.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 247,500 shares of company stock worth $6,370,499. 3.50% of the stock is currently owned by insiders.

Waystar News Roundup

Here are the key news stories impacting Waystar this week:

• Positive Sentiment: Waystar reported third-quarter revenue of $325.6 million, up 21% from a year earlier, while non-GAAP EPS of $0.44 exceeded the $0.41 consensus estimate. Adjusted EBITDA margin was 43%, and net income reached $31.0 million. Waystar Reports Third Quarter 2026 Results
• Positive Sentiment: Canaccord Genuity raised its price target from $33 to $34 and assigned a Buy rating, indicating analyst confidence in Waystar’s longer-term growth prospects. Canaccord Genuity Group recommendations
• Neutral Sentiment: Management provided fiscal 2026 EPS guidance of $1.63-$1.71, with the low end matching consensus, and revenue guidance of approximately $1.3 billion, also broadly in line with expectations.
• Positive Sentiment: Separate coverage indicated that Waystar raised its adjusted EBITDA outlook to approximately $543 million-$549 million, suggesting continued operating leverage despite the more measured revenue outlook. Waystar forecasts revenue and adjusted EBITDA outlook
• Negative Sentiment: The full-year forecast did not clearly exceed Wall Street expectations; reported revenue guidance of $1.277 billion-$1.287 billion in some coverage was below the approximately $1.3 billion consensus figure. That limited guidance upside may have prompted profit-taking even after the quarterly beat. Waystar third-quarter earnings results

About Waystar

Waystar Holding Corp. is a healthcare technology company that provides cloud-based software designed to simplify administrative and financial processes across the healthcare industry. Its platform connects healthcare providers, health plans and patients, helping organizations manage revenue cycle operations and improve the flow of information and payments.

The company’s products and services include electronic claims management, eligibility and benefits verification, prior authorization, payment integrity, denial management, patient estimates and payments, billing automation, and healthcare analytics.