Waystar (NASDAQ:WAY) Given New $35.00 Price Target at Citigroup

Waystar (NASDAQ:WAY) had its price objective decreased by Citigroup from $46.00 to $35.00 in a research note issued to investors on Wednesday,Benzinga reports. Citigroup currently has a buy rating on the stock.

WAY has been the topic of a number of other research reports. Evercore set a $27.00 price objective on Waystar in a research note on Wednesday. Truist Financial lowered their target price on shares of Waystar from $51.00 to $38.00 and set a “buy” rating on the stock in a report on Wednesday. TD Cowen reiterated a “buy” rating on shares of Waystar in a research note on Wednesday. Canaccord Genuity Group decreased their price objective on shares of Waystar from $54.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Mizuho set a $42.00 target price on shares of Waystar in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Waystar presently has an average rating of “Moderate Buy” and a consensus price target of $37.50.

Waystar Trading Up 4.5%

Shares of NASDAQ:WAY opened at $25.41 on Wednesday. The company’s 50-day moving average price is $29.44 and its two-hundred day moving average price is $34.14. Waystar has a one year low of $21.13 and a one year high of $45.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.41 and a quick ratio of 3.89. The stock has a market capitalization of $4.86 billion, a PE ratio of 41.66, a price-to-earnings-growth ratio of 0.31 and a beta of 0.75.

Waystar (NASDAQ:WAY) last released its earnings results on Tuesday, February 17th. The company reported $0.36 earnings per share (EPS) 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 company had revenue of $303.54 million during the quarter, compared to analyst estimates of $294.72 million. During the same period in the prior year, the firm posted $0.29 EPS. Waystar’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. On average, equities analysts forecast that Waystar will post 0.39 EPS for the current fiscal year.

Insider Transactions at Waystar

In other Waystar news, CMO Melissa F. (Missy) Miller sold 3,400 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $37.00, for a total value of $125,800.00. Following the transaction, the chief marketing officer directly owned 193,261 shares of the company’s stock, valued at $7,150,657. This represents a 1.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Christopher L. Schremser sold 8,623 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $30.41, for a total value of $262,225.43. Following the sale, the chief technology officer owned 422,371 shares of the company’s stock, valued at approximately $12,844,302.11. This represents a 2.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 61,949 shares of company stock worth $1,916,380. 4.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in shares of Waystar during the third quarter worth $25,000. ANTIPODES PARTNERS Ltd grew its stake in shares of Waystar by 120.1% in the third quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock valued at $31,000 after acquiring an additional 449 shares in the last quarter. First Horizon Corp bought a new position in Waystar during the third quarter worth about $38,000. Smartleaf Asset Management LLC raised its stake in Waystar by 6,005.3% in the 4th 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 in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in Waystar by 50.6% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,065 shares of the company’s stock valued at $44,000 after purchasing an additional 358 shares during the period.

Key Stories Impacting 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.