William Blair Predicts Waystar’s Q4 Earnings (NASDAQ:WAY)

Waystar Holding Corp. (NASDAQ:WAY) – Research analysts at William Blair upped their Q4 2025 earnings estimates for shares of Waystar in a report issued on Wednesday, October 29th. William Blair analyst R. Daniels now anticipates that the company will post earnings per share of $0.33 for the quarter, up from their prior forecast of $0.28. The consensus estimate for Waystar’s current full-year earnings is $0.39 per share. William Blair also issued estimates for Waystar’s Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.38 EPS and Q4 2026 earnings at $0.37 EPS.

WAY has been the topic of a number of other research reports. Barclays assumed coverage on Waystar in a research report on Tuesday, October 14th. They issued an “overweight” rating and a $50.00 target price on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Waystar in a research report on Wednesday, October 8th. Citizens Jmp assumed coverage on Waystar in a research report on Thursday, September 18th. They issued a “mkt outperform” rating and a $48.00 target price on the stock. Robert W. Baird assumed coverage on Waystar in a research report on Friday, September 5th. They issued an “outperform” rating and a $44.00 target price on the stock. Finally, JMP Securities assumed coverage on Waystar in a research report on Thursday, September 18th. They issued a “market outperform” rating and a $48.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Waystar presently has a consensus rating of “Buy” and an average price target of $46.43.

Waystar Stock Up 3.3%

Shares of NASDAQ WAY opened at $37.03 on Monday. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 59.73, a PEG ratio of 0.64 and a beta of 0.64. The company has a quick ratio of 3.89, a current ratio of 3.89 and a debt-to-equity ratio of 0.38. Waystar has a 52-week low of $28.55 and a 52-week high of $48.11. The business’s 50 day moving average is $37.84 and its two-hundred day moving average is $37.88.

Waystar (NASDAQ:WAY) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.03. The business had revenue of $268.65 million during the quarter, compared to the consensus estimate of $256.12 million. Waystar had a net margin of 10.69% and a return on equity of 6.83%. The business’s revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 EPS. Waystar has set its FY 2025 guidance at 1.460-1.470 EPS.

Insiders Place Their Bets

In other Waystar news, CFO Steven M. Oreskovich sold 16,666 shares of the business’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $40.49, for a total value of $674,806.34. Following the completion of the transaction, the chief financial officer owned 354,512 shares in the company, valued at $14,354,190.88. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Matthew J. Hawkins sold 46,667 shares of Waystar stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $34.66, for a total transaction of $1,617,478.22. Following the sale, the chief executive officer directly owned 764,131 shares of the company’s stock, valued at approximately $26,484,780.46. This trade represents a 5.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,546,249 shares of company stock valued at $177,987,193. Corporate insiders own 4.10% of the company’s stock.

Institutional Trading of Waystar

Several institutional investors and hedge funds have recently made changes to their positions in WAY. Alliancebernstein L.P. lifted its holdings in shares of Waystar by 3,883.4% in the 2nd quarter. Alliancebernstein L.P. now owns 3,268,932 shares of the company’s stock valued at $133,601,000 after purchasing an additional 3,186,869 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Waystar by 62.1% in the 1st quarter. Vanguard Group Inc. now owns 8,090,547 shares of the company’s stock valued at $302,263,000 after purchasing an additional 3,099,211 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Waystar by 9,107.1% in the 1st quarter. Invesco Ltd. now owns 2,040,285 shares of the company’s stock valued at $76,225,000 after purchasing an additional 2,018,125 shares during the last quarter. Norges Bank purchased a new stake in shares of Waystar in the 2nd quarter valued at about $46,577,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Waystar by 721.4% in the 1st quarter. Ameriprise Financial Inc. now owns 1,202,340 shares of the company’s stock valued at $44,919,000 after purchasing an additional 1,055,965 shares during the last quarter.

Waystar Company Profile

Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.