Waystar (NASDAQ:WAY) Price Target Lowered to $33.00 at Needham & Company LLC

Waystar (NASDAQ:WAY) had its price target decreased by Needham & Company LLC from $46.00 to $33.00 in a research report report published on Tuesday,Benzinga reports. Needham & Company LLC currently has a buy rating on the stock.

A number of other research analysts have also weighed in on WAY. Citigroup dropped their price objective on shares of Waystar from $49.00 to $46.00 and set a “buy” rating on the stock in a research note on Friday, January 9th. BMO Capital Markets assumed coverage on shares of Waystar in a report on Thursday, November 13th. They issued an “outperform” rating and a $47.00 target price on the stock. The Goldman Sachs Group set a $44.00 price target on Waystar in a research note on Wednesday, January 14th. Leerink Partners initiated coverage on Waystar in a report on Monday, February 2nd. They set an “outperform” rating and a $43.00 price objective for the company. Finally, Canaccord Genuity Group set a $54.00 target price on Waystar in a report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $44.31.

Waystar Stock Up 8.5%

Shares of NASDAQ:WAY opened at $24.31 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.89 and a current ratio of 3.89. Waystar has a 52-week low of $21.13 and a 52-week high of $48.11. The business’s 50 day simple moving average is $29.54 and its two-hundred day simple moving average is $34.20. The firm has a market cap of $4.65 billion, a P/E ratio of 39.21, a PEG ratio of 0.28 and a beta of 0.75.

Waystar (NASDAQ:WAY) last released its quarterly earnings data on Tuesday, February 17th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.03). Waystar had a net margin of 10.69% and a return on equity of 6.83%. The firm had revenue of $303.54 million for the quarter, compared to the consensus estimate of $294.72 million. During the same quarter in the prior year, the firm earned $0.29 EPS. The company’s revenue was up 24.3% compared to the same quarter last year. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. As a group, research analysts forecast that Waystar will post 0.39 EPS for the current fiscal year.

Insider Activity

In related news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $30.08, for a total value of $1,209,968.00. Following the sale, the insider directly owned 474,826 shares in the company, valued at approximately $14,282,766.08. The trade was a 7.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CTO Christopher L. Schremser sold 8,623 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $30.41, for a total transaction of $262,225.43. Following the sale, the chief technology officer owned 422,371 shares in the company, valued at $12,844,302.11. The trade was a 2.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 71,650 shares of company stock valued at $2,258,535 in the last 90 days. Insiders own 4.10% of the company’s stock.

Hedge Funds Weigh In On Waystar

Several institutional investors have recently modified their holdings of WAY. Salomon & Ludwin LLC purchased a new position in shares of Waystar in the third quarter worth $25,000. ANTIPODES PARTNERS Ltd grew its holdings in Waystar by 120.1% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock worth $31,000 after acquiring an additional 449 shares during the last quarter. First Horizon Corp purchased a new position in shares of Waystar in the third quarter valued at about $38,000. Nisa Investment Advisors LLC raised its stake in shares of Waystar by 50.6% during the second quarter. Nisa Investment Advisors LLC now owns 1,065 shares of the company’s stock valued at $44,000 after acquiring an additional 358 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Waystar by 6,005.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,160 shares of the company’s stock worth $38,000 after purchasing an additional 1,141 shares during the period.

Waystar News Roundup

Here are the key news stories impacting Waystar this week:

• Positive Sentiment: Q4 revenue and full‑year growth beat expectations — Q4 revenue was ~$304M, up ~24% year‑over‑year, and FY‑2025 revenue was $1.099B (up ~17%), signaling strong top‑line momentum that investors rewarded. PR Newswire: Waystar Reports Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: Management issued 2026 guidance that implies ~17% revenue growth and EPS guidance of $1.59–$1.68, which matched or slightly beat investor hopes and supported the upbeat market reaction. Investing.com: Waystar shares rise as guidance impresses
• Positive Sentiment: Company is highlighting AI‑driven automation and integration as growth levers (and received AI recognition), which investors view as a durable driver of client ROI and future revenue expansion. PR Newswire: Waystar Recognized as Inc. Best in Business for AI
• Neutral Sentiment: Analysts largely remain constructive: Needham reiterated a Buy rating but cut its price target from $46 to $33 — a signal of valuation recalibration even as the analyst still sees upside. TipRanks: Needham reiterates Buy with $33 PT
• Neutral Sentiment: Company provided extensive investor materials and call/transcript coverage — useful for digging into margin drivers and client metrics; transcripts and slide deck are available for deeper review. Yahoo Finance: Q4 Earnings Call Summary
• Negative Sentiment: EPS missed consensus by $0.03 (reported $0.36 vs. $0.39 expected), which tempers the headline and could be cited by short‑term traders as a reason for caution. Zacks: Q4 earnings lag estimates
• Negative Sentiment: Unusual options activity showed a large jump in put buying (several thousand contracts), indicating some market participants are hedging or taking downside bets — a potential warning about near‑term volatility.

About Waystar

Waystar (NASDAQ:WAY) is a leading provider of cloud-based revenue cycle management and payment solutions for healthcare organizations. The company’s unified platform streamlines the entire financial continuum of patient care, from eligibility verification and claim submission to payment reconciliation and patient billing. By automating key processes and improving claim accuracy, Waystar helps providers reduce administrative overhead, accelerate cash flow and enhance overall revenue performance.

At the core of Waystar’s offering is a SaaS-based architecture that integrates seamlessly with existing electronic health record (EHR) systems and payer networks.