William Blair Estimates Waystar’s Q1 Earnings (NASDAQ:WAY)

Waystar Holding Corp. (NASDAQ:WAY) – Analysts at William Blair lifted their Q1 2026 earnings estimates for shares of Waystar in a report released on Thursday, September 4th. William Blair analyst R. Daniels now forecasts that the company will post earnings per share of $0.33 for the quarter, up from their prior forecast of $0.32. The consensus estimate for Waystar’s current full-year earnings is $0.39 per share. William Blair also issued estimates for Waystar’s Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.32 EPS, Q4 2026 earnings at $0.33 EPS and FY2026 earnings at $1.34 EPS.

Waystar (NASDAQ:WAY) last posted its earnings results on Wednesday, July 30th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Waystar had a net margin of 8.50% and a return on equity of 5.65%. The firm had revenue of $270.65 million during the quarter, compared to the consensus estimate of $255.26 million. During the same quarter in the prior year, the company earned $0.04 EPS. The company’s revenue was up 15.4% on a year-over-year basis. Waystar has set its FY 2025 guidance at 1.360-1.400 EPS.

Other research analysts have also issued research reports about the company. Baird R W upgraded Waystar to a “strong-buy” rating in a research report on Friday, September 5th. Truist Financial increased their price target on Waystar from $50.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Citigroup initiated coverage on Waystar in a research report on Wednesday, June 25th. They set a “buy” rating and a $45.00 price objective for the company. TD Cowen upgraded Waystar to a “strong-buy” rating in a research note on Thursday, June 5th. Finally, Mizuho initiated coverage on Waystar in a research note on Monday, June 30th. They issued an “outperform” rating and a $48.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $44.67.

Waystar Stock Performance

Shares of WAY stock opened at $40.89 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.43 and a quick ratio of 3.43. The company’s fifty day moving average price is $36.80 and its two-hundred day moving average price is $37.98. The firm has a market capitalization of $7.12 billion, a P/E ratio of 85.19, a P/E/G ratio of 0.75 and a beta of 0.78. Waystar has a 12 month low of $25.76 and a 12 month high of $48.11.

Hedge Funds Weigh In On Waystar

Large investors have recently modified their holdings of the stock. Alliancebernstein L.P. boosted its position in shares of Waystar by 3,883.4% during the second quarter. Alliancebernstein L.P. now owns 3,268,932 shares of the company’s stock valued at $133,601,000 after buying an additional 3,186,869 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Waystar by 62.1% during the 1st quarter. Vanguard Group Inc. now owns 8,090,547 shares of the company’s stock valued at $302,263,000 after purchasing an additional 3,099,211 shares during the period. Invesco Ltd. raised its position in Waystar by 9,107.1% in the first quarter. Invesco Ltd. now owns 2,040,285 shares of the company’s stock worth $76,225,000 after acquiring an additional 2,018,125 shares during the period. Norges Bank purchased a new stake in Waystar in the second quarter worth about $46,577,000. Finally, Ameriprise Financial Inc. raised its stake in shares of Waystar by 721.4% in the first quarter. Ameriprise Financial Inc. now owns 1,202,340 shares of the company’s stock worth $44,919,000 after buying an additional 1,055,965 shares during the period.

Insider Buying and Selling at Waystar

In other news, insider T. Craig Bridge sold 85,000 shares of the company’s stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $37.09, for a total value of $3,152,650.00. Following the completion of the transaction, the insider owned 682,843 shares of the company’s stock, valued at $25,326,646.87. This represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Matthew J. Hawkins sold 46,667 shares of Waystar stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $34.66, for a total transaction of $1,617,478.22. Following the sale, the chief executive officer directly owned 764,131 shares in the company, valued at $26,484,780.46. The trade was a 5.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold 237,788 shares of company stock valued at $8,760,767 in the last 90 days. 4.10% of the stock is currently owned by corporate insiders.

Waystar Company Profile

Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.