Waystar Holding Corp. (NASDAQ:WAY) Receives $42.31 Average Target Price from Analysts

Posted by Editorial Team on Aug 9th, 2025

Waystar Holding Corp. (NASDAQ:WAY – Get Free Report) has earned a consensus recommendation of “Buy” from the fourteen brokerages that are currently covering the company, MarketBeat Ratings reports. Twelve analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $42.3077.

WAY has been the topic of several recent research reports. Citigroup initiated coverage on shares of Waystar in a research report on Wednesday, June 25th. They set a “buy” rating and a $45.00 target price on the stock. Truist Financial lifted their target price on shares of Waystar from $50.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Barclays cut their target price on shares of Waystar from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. Canaccord Genuity Group lowered their price target on shares of Waystar from $50.00 to $47.00 and set a “buy” rating for the company in a report on Thursday, May 1st. Finally, TD Cowen upgraded shares of Waystar to a “strong-buy” rating in a report on Thursday, June 5th.

Read Our Latest Stock Analysis on WAY

Insider Activity at Waystar

In other news, insider T. Craig Bridge sold 85,000 shares of Waystar stock in a transaction on Monday, July 21st. The shares were sold at an average price of $37.09, for a total value of $3,152,650.00. Following the completion of the sale, the insider owned 682,843 shares in the company, valued at $25,326,646.87. The trade was a 11.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew J. Hawkins sold 46,667 shares of Waystar stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $38.26, for a total transaction of $1,785,479.42. Following the completion of the sale, the chief executive officer owned 764,131 shares of the company’s stock, valued at $29,235,652.06. This represents a 5.76% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,770,103 shares of company stock worth $328,543,582. 4.10% of the stock is owned by insiders.

Institutional Trading of Waystar

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in Waystar by 62.1% during the first quarter. Vanguard Group Inc. now owns 8,090,547 shares of the company’s stock worth $302,263,000 after buying an additional 3,099,211 shares during the last quarter. William Blair Investment Management LLC raised its holdings in Waystar by 23.9% during the second quarter. William Blair Investment Management LLC now owns 5,239,365 shares of the company’s stock worth $214,133,000 after buying an additional 1,011,940 shares during the last quarter. ArrowMark Colorado Holdings LLC raised its holdings in Waystar by 2.3% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 3,482,238 shares of the company’s stock worth $127,798,000 after buying an additional 79,944 shares during the last quarter. Geode Capital Management LLC raised its holdings in Waystar by 14.9% during the second quarter. Geode Capital Management LLC now owns 2,376,932 shares of the company’s stock worth $97,155,000 after buying an additional 309,119 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Waystar by 9,107.1% during the first quarter. Invesco Ltd. now owns 2,040,285 shares of the company’s stock worth $76,225,000 after buying an additional 2,018,125 shares during the last quarter.

Waystar Stock Up 2.0%

NASDAQ:WAY opened at $34.59 on Wednesday. The firm’s 50 day simple moving average is $37.92 and its 200 day simple moving average is $38.73. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.43 and a quick ratio of 3.43. Waystar has a one year low of $23.64 and a one year high of $48.11. The company has a market cap of $6.03 billion, a PE ratio of 72.06, a P/E/G ratio of 0.62 and a beta of 0.79.

Waystar (NASDAQ:WAY – Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.33 by $0.03. Waystar had a net margin of 8.50% and a return on equity of 5.65%. The business had revenue of $270.65 million for the quarter, compared to the consensus estimate of $255.26 million. During the same period last year, the company earned $0.04 EPS. The firm’s revenue was up 15.4% compared to the same quarter last year. On average, research analysts anticipate that Waystar will post 0.39 earnings per share for the current year.