Waystar Holding Corp (WAY)

• Market cap: $7.27B
• 1 day: 2.95%
• 5 days: -5.84%
• 1 month: 10.82%
• 3 months: 35.55%
• 6 months: 61.11%
• Year to date: 17.41%
• 1 year: 103.91%
• 5 years: 103.91%
• 10 years: 103.91%
• 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 transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.

Employees: 280

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

313% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 16

81% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 32

50% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]

42% more funds holding

Funds holding: 116 [Q3] → 165 (+49) [Q4]

36% more capital invested

Capital invested by funds: $3.39B [Q3] → $4.62B (+$1.22B) [Q4]

35% more call options, than puts

Call options by funds: $24.5M | Put options by funds: $18.2M

0.09% more ownership

Funds ownership: 72.98% [Q3] → 73.07% (+0.09%) [Q4]

Research analyst outlook

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

• Low target: $40 5% downside
• Avg. target: $46 10% upside
• High target: $52 23% upside

6 analyst ratings

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

Goldman Sachs Adam Hotchkiss 59% 1-year accuracy 10 / 17 met price target	23% upside $52	Buy Maintained	19 Feb 2025
Barclays Stephanie Davis 64% 1-year accuracy 9 / 14 met price target	18% upside $50	Overweight Maintained	19 Feb 2025
Jefferies Glen Santangelo 60% 1-year accuracy 6 / 10 met price target	21% upside $51	Buy Initiated	11 Feb 2025
B of A Securities Allen Lutz 86% 1-year accuracy 12 / 14 met price target	2% upside $43	Buy Maintained	6 Jan 2025
Canaccord Genuity Richard Close 61% 1-year accuracy 17 / 28 met price target	1% downside $42	Buy Maintained	3 Jan 2025