Waystar (NASDAQ:WAY) Releases FY 2026 Earnings Guidance

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

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Canaccord Genuity Group lifted their target price on Waystar from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Waystar in a report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $39.00 price target on shares of Waystar in a research report on Friday, July 31st. Morgan Stanley restated an “equal weight” rating and set a $28.00 price objective on shares of Waystar in a research note on Wednesday, September 16th. Finally, UBS Group dropped their price objective on shares of Waystar from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Waystar presently has an average rating of “Moderate Buy” and an average target price of $35.14.

Waystar Price Performance

Shares of WAY opened at $27.66 on Wednesday. The business’s 50-day moving average is $26.27 and its two-hundred day moving average is $23.96. The company has a market capitalization of $5.30 billion, a P/E ratio of 40.09, a P/E/G ratio of 1.10 and a beta of 0.11. Waystar has a fifty-two week low of $17.26 and a fifty-two week high of $37.71. 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 (NASDAQ:WAY) last issued its quarterly earnings data on Monday, November 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. Waystar had a return on equity of 6.95% and a net margin of 10.70%. The business had revenue of $325.62 million during the quarter, compared to analysts’ expectations of $323.43 million. During the same quarter in the previous year, the firm posted $0.37 EPS. The company’s revenue for the quarter was up 21.2% on a year-over-year basis. Research analysts predict that Waystar will post 1.47 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Matthew Hawkins sold 82,500 shares of Waystar 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 directly owned 1,804,794 shares in the company, valued at approximately $47,339,746.62. This trade 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 can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 247,500 shares of company stock worth $6,370,499 in the last three months. 3.50% of the stock is currently owned by company insiders.

Key Headlines Impacting Waystar

Here are the key news stories impacting Waystar this week:

• Positive Sentiment: Waystar beat Q3 estimates, posting adjusted EPS of $0.44 versus $0.41 expected and revenue of $325.6 million versus $323.4 million. Revenue grew 21% year over year, while net income was $31.0 million and adjusted EBITDA margin was 43%. Waystar Reports Third Quarter 2026 Results
• Positive Sentiment: The company raised its 2026 adjusted EBITDA outlook to $543 million–$549 million and guided to EPS of $1.63–$1.71. RBC said solid leading indicators could convert into revenue in 2027, offering a potential longer-term growth catalyst. RBC Capital Markets commentary
• Positive Sentiment: Deutsche Bank raised its price target to $42 from $39 and maintained a Buy rating. Canaccord also lifted its target, to $34 from $33, with a Buy rating. Deutsche Bank raises target
• Neutral Sentiment: Waystar’s 2026 revenue guidance of $1.277 billion–$1.287 billion was around analyst expectations, while EPS guidance starts at consensus. This signals continued growth but may offer less of an upside surprise than the quarterly results. 2026 outlook
• Negative Sentiment: TD Cowen lowered its price target to $39 from $42, although it retained a Buy rating. TD Cowen rating

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.