Inside the research
Waystar Holding Corp.
WAY Research profile · latest available data
Price overview
$24.70
▲ +0.06 (+0.2%)
| 52w hi | $39.62 |
|---|---|
| 52w lo | $17.31 |
| Vol | 1.26M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.18
| Short | -0.03 |
|---|---|
| Medium | +0.29 |
| Long | +0.39 |
computed 2026-09-27
Key fundamentals
Waystar Holding Corp.
Healthcare · Health Information Services
| Market cap | $4.74B |
|---|---|
| Enterprise value | $6.02B |
| Trailing P/E | 35.29x |
| Forward P/E | 13.15x |
| EV / EBITDA | 13.88x |
| P / S (ttm) | 3.93x |
| Profit margin | 11.2% |
| Return on equity | 3.8% |
| Revenue growth | +18.1% |
| Earnings growth | +16.7% |
| Debt / equity | 37.17 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.29 | |
| Sector | +0.08 | |
| Technical | +0.02 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payer payment management, denials prevention and recovery, clinical integrity and revenue capture, and analytics and reporting solutions. It primarily serves healthcare industry. The company was founded in 2017 and is headquartered in Lehi, Utah.
Risk Metrics
| Beta vs SPX | 0.74 |
|---|---|
| Corr SPX | 0.26 |
| Annual vol | 44.9% |
| Annual ret | +5.1% |
| Sharpe | 0.11 |
| Max DD | -61.8% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-29 | Earnings Release, Exhibits | read |
| 2026-06-04 | Shareholder Vote | read |
| 2026-04-29 | Earnings Release, Exhibits | read |
| 2026-02-17 | Earnings Release, Exhibits | read |
| 2026-02-06 | Officer / Director Change | read |
| 2025-10-29 | Earnings Release, Exhibits | read |
| 2025-10-01 | Material Agreement, Material Obligation… | read |
| 2025-09-11 | Other Material Event, Exhibits | read |
| 2025-08-12 | Material Agreement, Material Obligation… | read |
| 2025-07-30 | Earnings Release, Exhibits | read |
| 2025-07-23 | Material Agreement, Earnings Release… | read |
| 2025-06-05 | 3.03, Officer / Director Change… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-13 | Hawkins Matthew J. | Chief Executive Officer | Sell | 60.04K | $1.50M |
| 2026-08-13 | Hawkins Matthew J. | Chief Executive Officer | Option exercise | 60.04K | $248.56K |
| 2026-08-11 | Hawkins Matthew J. | Chief Executive Officer | Option exercise | 22.46K | $92.99K |
| 2026-08-11 | Hawkins Matthew J. | Chief Executive Officer | Sell | 22.46K | $562.35K |
| 2026-08-01 | PACKER GREGORY R | Chief Legal officer | Grant | 232.06K | — |
| 2026-08-01 | Woods Todd Charles | Chief Commercial Officer | Grant | 90.83K | — |
| 2026-08-01 | Bridge T. Craig | Chief Transformation Offi | Grant | 205.47K | — |
| 2026-08-01 | Hawkins Matthew J. | Chief Executive Officer | Grant | 908.26K | — |
| 2026-07-24 | Wegner Alpana | Chief Financial Officer | Grant | 162.11K | — |
| 2026-07-16 | Hawkins Matthew J. | Chief Executive Officer | Sell | 36.90K | $851.94K |
Flow & Concentration
| Insider 180d net | -$3.68M |
|---|---|
| Insider buys / sells | 0 / 4 |
| Insider bias | Sellers |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
SEC Filings
The Long Run
FY 2024–2025 · 2 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.10B | +39.0% | |
| Operating income | $123.72M | -12.9% | |
| Net income | -$51.33M | — | |
| Cash from ops | $169.77M | +65.4% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $24.39 | $24.73 | $24.33 | $24.70 | 1.26M |
| Sep 24 | $24.76 | $25.42 | $24.35 | $24.64 | 1.12M |
| Sep 23 | $25.51 | $26.05 | $24.66 | $24.76 | 1.50M |
| Sep 22 | $25.98 | $26.07 | $25.13 | $25.63 | 1.48M |
| Sep 21 | $25.94 | $26.28 | $25.35 | $25.71 | 1.98M |
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