Waystar (NASDAQ:WAY) Announces FY 2026 Earnings Guidance

Waystar (NASDAQ:WAY) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) 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

Several research firms have recently commented on WAY. Citigroup reiterated a “buy” rating on shares of Waystar in a report on Monday, July 20th. Needham & Company LLC reissued a “buy” rating and issued a $33.00 price objective on shares of Waystar in a report on Wednesday, August 26th. Truist Financial cut their price objective on shares of Waystar from $38.00 to $33.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Canaccord Genuity Group lifted their target price on shares of Waystar from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Barclays lowered shares of Waystar from an “overweight” rating to an “equal weight” rating and boosted their target price for the company from $27.00 to $30.00 in a report on Tuesday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $34.95.

Waystar Price Performance

WAY stock opened at $28.14 on Tuesday. The business has a fifty day moving average of $26.23 and a two-hundred day moving average of $23.97. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.36. The stock has a market cap of $5.40 billion, a price-to-earnings ratio of 40.20, a price-to-earnings-growth ratio of 1.13 and a beta of 0.18. Waystar has a 52-week low of $17.26 and a 52-week high of $37.71.

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

Insider Activity

In related news, CEO Matthew Hawkins sold 82,500 shares of the business’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $26.23, for a total value of $2,163,975.00. Following the sale, the chief executive officer directly owned 1,804,794 shares in the company, valued at approximately $47,339,746.62. The trade was a 4.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 247,500 shares of company stock worth $6,370,499. 3.50% of the stock is currently owned by company insiders.

Waystar News Roundup

Here are the key news stories impacting Waystar this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Waystar reported non-GAAP earnings of $0.44 per share, ahead of the $0.41 consensus estimate, while revenue reached $325.6 million versus expectations of $323.4 million. EPS increased from $0.37 a year earlier. Waystar Holding Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Strong growth and margins support the bullish reaction. Third-quarter revenue rose 21% year over year to $325.6 million. Waystar also reported $31.0 million of GAAP net income, $87.1 million of non-GAAP net income, a 10% net income margin and a 43% adjusted EBITDA margin. Waystar Reports Third Quarter 2026 Results
• Positive Sentiment: Management raised its full-year adjusted EBITDA outlook. Waystar now expects 2026 adjusted EBITDA of $543 million to $549 million, an increase that signals better-than-expected operating leverage and profitability. The company maintained a 2026 revenue forecast of $1.277 billion to $1.287 billion. Waystar Raises Adjusted EBITDA Outlook
• Neutral Sentiment: Investor focus now shifts to execution and valuation. The earnings call provided additional commentary on the quarter and outlook. With WAY trading above its 50-day and 200-day moving averages and carrying a P/E ratio around 40, continued revenue growth and delivery of the higher EBITDA target may be needed to sustain further gains. Waystar Q3 2026 Earnings Call Transcript

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.