Lumida
/WAY
⌘K
Waystar Holding Corp

Waystar Holding Corp

WAY
$23.47USD+1.78%+0.41 today

MARKET CAP

4.5B

P/E (TTM)

14.6x

FWD P/E

13.1x

DAY RANGE

$23 – $24

52W RANGE

$17
$40

AI Summary

Stalk
StalkMedium

WAY is in a Stage 2 advance with a clear higher-highs/higher-lows structure, and rising short-term EMAs suggest ongoing demand. However, price is extended into 200-day SMA resistance and OB/OS extreme overbought conditions warrant patience. We’ll defer execution and look to stalk pullbacks into the rising 20-day EMA and July pivot zone for higher-probability entries.

  • Q2 revenue grew 18% YoY to $320M; subscription sales rose 34% YoY to $176M.
  • Adjusted EBITDA margin reached 43% in Q2, with free cash flow of $64M (47% conversion).
  • Evolving RCM competition from AI-centric rivals like Epic and Optum threatens market share.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2024FY 2025TREND
Sales, Adj.$943.5M$1.1B
YoY %+16.5%
P / Sales5.8x5.5x
EV / Sales7.2x7.2x
Gross Profit, Adj.$627.8M$751.1M
YoY %+19.6%
Margin %66.5%68.3%
EV / Gross Profit10.9x10.5x
EBITDA, Adj.$310.4M$389.9M
YoY %+25.6%
Margin %32.9%35.5%
EV / EBITDA22.0x20.3x
EBIT$123.7M$249.3M
YoY %+101.5%
Margin %13.1%22.7%
EV / EBIT55.1x31.7x
Net Income$-19.1M$112.1M
YoY %+686.1%
Net Margin-2.0%10.2%
EPS (GAAP)-$0.13$0.61
YoY %+569.2%