Waystar (NASDAQ:WAY) Announces FY 2026 Earnings Guidance

Posted by George Bondi on Nov 3rd, 2026

Waystar (NASDAQ:WAY – Get Free Report) updated 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 EPS estimate of 1.630. The company issued revenue guidance of $1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Analyst Ratings Changes

WAY has been the topic of several recent research reports. Morgan Stanley reaffirmed an “equal weight” rating and issued a $28.00 price target on shares of Waystar in a report on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $39.00 price objective on shares of Waystar in a research note on Friday, July 31st. Barclays cut Waystar from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $27.00 to $30.00 in a report on Tuesday, September 15th. Weiss Ratings upgraded Waystar from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. Finally, Canaccord Genuity Group upped their target price on Waystar from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday. Two 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 stock. Based on data from MarketBeat, Waystar presently has an average rating of “Moderate Buy” and an average target price of $34.95.

View Our Latest Research Report on WAY

Waystar Price Performance

Shares of NASDAQ WAY opened at $28.14 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market capitalization of $5.40 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 1.13 and a beta of 0.18. The firm’s 50 day simple moving average is $26.23 and its 200-day simple moving average is $23.97. Waystar has a 12 month low of $17.26 and a 12 month high of $37.71.

Waystar (NASDAQ:WAY – Get Free Report) last posted its earnings results 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 net margin of 11.18% and a return on equity of 7.03%. The firm had revenue of $325.62 million during the quarter, compared to analysts’ expectations of $323.43 million. During the same period in the previous year, the business posted $0.37 EPS. The business’s revenue was up 21.2% compared to the same quarter last year. Analysts expect that Waystar will post 1.47 EPS for the current year.

Insiders Place Their Bets

In other Waystar news, CEO Matthew Hawkins sold 82,500 shares of the company’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 completion of the transaction, the chief executive officer owned 1,804,794 shares in the company, valued at approximately $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 SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 247,500 shares of company stock valued at $6,370,499 over the last three months. 3.50% of the stock is currently owned by insiders.

More Waystar News

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

(Get Free Report)

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.