Waystar (WAY) Stock Forecast & Price Target

$21.52

+0.02 (+0.09%)

(As of 07/5/2024 ET)

Stock Analysis Analyst Forecasts Chart Options Chain Trends

Waystar - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 11 Analyst Ratings

Consensus Price Target

$27.60
28.25% Upside

High Forecast	$32.00
Average Forecast	$27.60
Low Forecast	$24.00

Type	Current Forecast 7/8/23 to 7/7/24	1 Month Ago 6/8/23 to 6/7/24	3 Months Ago 4/9/23 to 4/8/24	1 Year Ago 7/8/22 to 7/8/23
Consensus Rating	Buy	N/A	N/A	N/A
Strong Buy	0 Strong Buy rating(s)	N/A	N/A	N/A
Buy	11 Buy rating(s)	N/A	N/A	N/A
Hold	0 Hold rating(s)	N/A	N/A	N/A
Sell	0 Sell rating(s)	N/A	N/A	N/A
Consensus Price Target	$27.60	N/A	N/A	N/A
Forecasted Upside	28.25% Upside	N/A	N/A	N/A

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WAY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

WAY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Waystar Stock vs. The Competition

Type	Waystar	Computer and Technology Companies	S&P 500
Consensus Rating Score	3.00	2.61	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	28.25% Upside	604.32% Upside	12.24% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/2/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$27.00	+22.78%
7/2/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$30.00	+37.30%
7/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Davis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$24.00	+240,000,000.00%
7/2/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$27.00	+270,000,000.00%
7/2/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Hotchkiss Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$32.00	+320,000,000.00%
7/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$24.00	+240,000,000.00%
7/2/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Anderson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$25.00	+250,000,000.00%
7/2/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Daniels Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
7/2/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Dodge Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$27.00	+270,000,000.00%
7/2/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$30.00	+300,000,000.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:11 AM ET.

WAY Forecast - Frequently Asked Questions

What is Waystar's forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Waystar is $27.60, with a high forecast of $32.00 and a low forecast of $24.00.
Should I buy or sell Waystar stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waystar in the last twelve months. There are currently 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WAY shares.
Does Waystar's stock price have much upside?: According to analysts, Waystar's stock has a predicted upside of 25.91% based on their 12-month stock forecasts.
What analysts cover Waystar?: Waystar has been rated by research analysts at Bank of America, Barclays, Canaccord Genuity Group, Canaccord Genuity Group, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Raymond James, Royal Bank of Canada, The Goldman Sachs Group, and William Blair in the past 90 days.
Do Wall Street analysts like Waystar more than its competitors?: Analysts like Waystar more than other "computer and technology" companies. The consensus rating for Waystar is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how WAY compares to other companies.