Waystar Holding Corp. (NASDAQ:WAY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Posted by Brian Himes on Sep 15th, 2026

Shares of Waystar Holding Corp. (NASDAQ:WAY – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the twenty-five brokerages that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, twenty have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $35.1364.

WAY has been the topic of several recent analyst reports. Needham & Company LLC reissued a “buy” rating and set a $33.00 price target on shares of Waystar in a research report on Wednesday, August 26th. Wells Fargo & Company dropped their target price on Waystar from $36.00 to $33.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Citigroup reissued a “buy” rating on shares of Waystar in a research report on Monday, July 20th. Canaccord Genuity Group raised their price target on shares of Waystar from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $39.00 price objective on shares of Waystar in a research report on Friday, July 31st.

View Our Latest Research Report on Waystar

Waystar Price Performance

NASDAQ WAY opened at $24.90 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.36. Waystar has a 1 year low of $17.26 and a 1 year high of $40.35. The company has a market cap of $4.77 billion, a PE ratio of 35.57, a PEG ratio of 0.91 and a beta of 0.16. The stock’s 50-day moving average price is $23.81 and its two-hundred day moving average price is $22.75.

Waystar (NASDAQ:WAY – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. Waystar had a net margin of 11.18% and a return on equity of 7.03%. The business had revenue of $319.67 million for the quarter, compared to analyst estimates of $316.21 million. During the same quarter in the previous year, the business earned $0.36 earnings per share. The firm’s revenue was up 18.1% compared to the same quarter last year. On average, analysts predict that Waystar will post 1.47 EPS for the current year.

Insider Activity at Waystar

In other news, CEO Matthew Hawkins sold 82,500 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $25.97, for a total transaction of $2,142,525.00. Following the transaction, the chief executive officer directly owned 1,804,794 shares in the company, valued at $46,870,500.18. The trade was a 4.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 165,000 shares of company stock worth $4,206,524. Insiders own 3.50% of the company’s stock.

Institutional Trading of Waystar

A number of institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC raised its position in Waystar by 6,475.0% during the first quarter. Root Financial Partners LLC now owns 1,052 shares of the company’s stock valued at $25,000 after acquiring an additional 1,036 shares in the last quarter. Essential Partners LLC lifted its stake in Waystar by 1,432.7% in the first quarter. Essential Partners LLC now owns 1,548 shares of the company’s stock valued at $37,000 after acquiring an additional 1,447 shares during the last quarter. OP Asset Management Ltd bought a new stake in Waystar in the first quarter worth approximately $58,000. State of Wyoming bought a new stake in Waystar in the second quarter worth approximately $74,000. Finally, 1620 Investment Advisors Inc. acquired a new position in shares of Waystar during the 4th quarter worth $77,000.

About Waystar

(Get Free Report)

Waystar Holding Corp. is a healthcare payments technology company that provides cloud-based software for managing administrative and financial processes across the healthcare system. Its platform connects healthcare providers, health plans and patients, helping organizations simplify complex transactions and improve the efficiency of the revenue cycle.

The company’s products and services include patient eligibility and coverage verification, claims management and submission, payment processing, prior authorization, denial and appeal management, patient billing, and related workflow automation.