Waystar (WAY) Projected to Release Quarterly Earnings on Wednesday

Waystar (NASDAQ:WAY) will likely be posting its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Waystar to post earnings of $0.40 per share and revenue of $316.18 million for the quarter. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Parties can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 4:30 PM ET.

Waystar (NASDAQ:WAY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.03. The company had revenue of $313.87 million for the quarter, compared to the consensus estimate of $311.74 million. Waystar had a net margin of 10.90% and a return on equity of 6.99%. Waystar’s revenue for the quarter was up 22.4% on a year-over-year basis. During the same period last year, the firm posted $0.32 EPS. On average, analysts expect Waystar to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Waystar Price Performance

Shares of NASDAQ:WAY opened at $23.13 on Tuesday. Waystar has a one year low of $17.26 and a one year high of $41.47. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of 34.52, a PEG ratio of 0.89 and a beta of 0.08. The company has a 50-day simple moving average of $20.54 and a 200-day simple moving average of $23.44. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.76 and a current ratio of 1.76.

Analyst Upgrades and Downgrades

WAY has been the topic of several recent research reports. JPMorgan Chase & Co. dropped their price target on Waystar from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Needham & Company LLC reaffirmed a “buy” rating and set a $33.00 price objective on shares of Waystar in a research report on Thursday, April 30th. Bank of America lowered their target price on Waystar from $45.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Weiss Ratings lowered Waystar from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, June 24th. Finally, Wall Street Zen lowered Waystar from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $35.23.

Institutional Trading of Waystar

Hedge funds and other institutional investors have recently made changes to their positions in the company. Pacer Advisors Inc. raised its holdings in Waystar by 22.1% during the fourth quarter. Pacer Advisors Inc. now owns 3,144 shares of the company’s stock worth $103,000 after purchasing an additional 569 shares in the last quarter. State of Tennessee Department of Treasury increased its position in Waystar by 188.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 54,465 shares of the company’s stock worth $1,784,000 after purchasing an additional 35,565 shares during the period. Empowered Funds LLC acquired a new position in Waystar during the 4th quarter worth approximately $124,000. Wellington Management Group LLP raised its stake in shares of Waystar by 373.8% during the 4th quarter. Wellington Management Group LLP now owns 671,733 shares of the company’s stock worth $21,999,000 after buying an additional 529,970 shares in the last quarter. Finally, SummitTX Capital L.P. purchased a new position in shares of Waystar during the 4th quarter worth approximately $5,944,000.

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.