Waystar (NASDAQ:WAY) Given New $38.00 Price Target at Truist Financial

Waystar (NASDAQ:WAY) had its target price reduced by Truist Financial from $51.00 to $38.00 in a research report released on Wednesday, Marketbeat reports. They currently have a buy rating on the stock.

Several other analysts also recently issued reports on WAY. Leerink Partners initiated coverage on Waystar in a report on Monday, February 2nd. They issued an “outperform” rating and a $43.00 price target on the stock. BMO Capital Markets began coverage on Waystar in a research note on Thursday, November 13th. They issued an “outperform” rating and a $47.00 target price on the stock. Barclays lowered their price target on shares of Waystar from $42.00 to $36.00 and set an “overweight” rating for the company in a research report on Wednesday. The Goldman Sachs Group cut their price objective on shares of Waystar from $44.00 to $38.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Mizuho set a $42.00 target price on shares of Waystar in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Waystar presently has an average rating of “Moderate Buy” and a consensus target price of $37.50.

Waystar Stock Up 4.5%

Shares of NASDAQ:WAY opened at $25.41 on Wednesday. The company’s fifty day moving average is $29.44 and its two-hundred day moving average is $34.14. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.89 and a current ratio of 1.41. Waystar has a 1-year low of $21.13 and a 1-year high of $45.00. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 41.66, a price-to-earnings-growth ratio of 0.31 and a beta of 0.75.

Waystar (NASDAQ:WAY) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). Waystar had a net margin of 10.20% and a return on equity of 6.86%. The business had revenue of $303.54 million for the quarter, compared to the consensus estimate of $294.72 million. During the same period in the prior year, the company earned $0.29 EPS. Waystar’s quarterly revenue was up 24.3% on a year-over-year basis. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Equities analysts anticipate that Waystar will post 0.39 EPS for the current year.

Insider Transactions at Waystar

In related news, CMO Melissa F. (Missy) Miller sold 3,400 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $37.00, for a total transaction of $125,800.00. Following the transaction, the chief marketing officer owned 193,261 shares in the company, valued at $7,150,657. This trade represents a 1.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $30.08, for a total value of $1,209,968.00. Following the transaction, the insider directly owned 474,826 shares of the company’s stock, valued at approximately $14,282,766.08. The trade was a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 61,949 shares of company stock valued at $1,916,380. Company insiders own 4.10% of the company’s stock.

Institutional Investors Weigh In On Waystar

Several hedge funds have recently modified their holdings of WAY. Royal Bank of Canada raised its holdings in Waystar by 11.3% during the 1st quarter. Royal Bank of Canada now owns 21,609 shares of the company’s stock worth $808,000 after buying an additional 2,195 shares during the period. AQR Capital Management LLC acquired a new stake in shares of Waystar during the first quarter valued at approximately $203,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Waystar by 91.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,911 shares of the company’s stock worth $1,753,000 after purchasing an additional 22,364 shares during the period. NewEdge Advisors LLC purchased a new position in Waystar during the 1st quarter worth approximately $234,000. Finally, Goldman Sachs Group Inc. raised its stake in Waystar by 13.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 747,268 shares of the company’s stock valued at $27,918,000 after purchasing an additional 88,256 shares during the period.

Trending Headlines about Waystar

Here are the key news stories impacting Waystar this week:

• Positive Sentiment: Q4 top-line strength and guidance — Waystar reported Q4 revenue of ~$304M, up ~24% YoY, and issued FY2026 guidance calling for robust revenue growth and EPS of $1.590–$1.680; investors are focusing on the revenue beat and multi-year growth trajectory. PR Newswire: Waystar Reports Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: Swing to profitability and upbeat outlook — Commentary and coverage noted Waystar’s swing to GAAP profitability and a double-digit growth outlook for 2026, which supports investor confidence in operating leverage and margin expansion. InsiderMonkey: Waystar Climbs on Swing to Profits
• Neutral Sentiment: Mixed earnings print — EPS of $0.36 missed consensus by ~$0.03, but revenue topped estimates; management’s guidance was essentially in line with consensus, leaving the quarter mixed rather than clearly positive or negative. Benzinga: Waystar Q4 Earnings Assessment
• Negative Sentiment: Multiple price-target cuts — Several brokers trimmed targets after the report (Citigroup $46→$35, Truist $51→$38, Needham $46→$33; Mizuho also reduced its target earlier). While many kept Buy/Outperform ratings, lower targets signal moderated near-term expectations. Benzinga: Analysts Cut Forecasts on Waystar
• Negative Sentiment: Put buying spike — Unusual options activity showed a large volume of put purchases (5,167 contracts), which can indicate some traders are hedging or betting on downside volatility. (Market commentary noted the increase in puts around earnings.)
• Negative Sentiment: Analyst-flagged risks — Coverage highlighted emerging risks including competitive pressure and AI-related legal/operational concerns, which could weigh on sentiment if they affect execution or margins. TipRanks: AI Risks Loom Over Waystar
• Negative Sentiment: New 1-year low reported — Some outlets flagged that the stock tested a one-year low following the weak EPS print, underscoring short-term volatility around the report. AmericanBankingNews: Waystar Hits New 1-Year Low

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.