Waystar Holding Corp (WAY)

• Market cap: $6.45B
• 1 day: 0.29%
• 5 days: 1.27%
• 1 month: 5.58%
• 3 months: 35.81%
• 6 months: 67.28%
• Year to date: 4.23%
• 1 year: 81.01%
• 5 years: 81.01%
• 10 years: 81.01%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

About: Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in better transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for our solutions extends throughout the United States and includes Puerto Rico and other US Territories.

Employees: 1,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 4 (+2) [Q3]

86% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 29

43% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 21

26% more funds holding

Funds holding: 92 [Q2] → 116 (+24) [Q3]

25% more capital invested

Capital invested by funds: $2.71B [Q2] → $3.39B (+$680M) [Q3]

2.71% less ownership

Funds ownership: 75.69% [Q2] → 72.98% (-2.71%) [Q3]

99% less call options, than puts

Call options by funds: $8K | Put options by funds: $1.38M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $34 9% downside
• Avg. target: $40 6% upside
• High target: $44 17% upside

6 analyst ratings

• positive: 6 100%
• neutral: 0 0%
• negative: 0 0%

Goldman Sachs Adam Hotchkiss 90% 1-year accuracy 18 / 20 met price target	17% upside $44	Buy Maintained	14 Jan 2025
B of A Securities Allen Lutz 69% 1-year accuracy 9 / 13 met price target	15% upside $43	Buy Maintained	6 Jan 2025
Canaccord Genuity Richard Close 59% 1-year accuracy 16 / 27 met price target	12% upside $42	Buy Maintained	3 Jan 2025
Raymond James Brian Peterson 45% 1-year accuracy 10 / 22 met price target	7% upside $40	Strong Buy Upgraded	22 Nov 2024
RBC Capital Sean Dodge 48% 1-year accuracy 21 / 44 met price target	9% downside $34	Outperform Maintained	7 Nov 2024