Waystar stock: KeyBanc raises Waystar stock target from USD 30.00 to USD 35.00

Published on 10/24/2026 at 04:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KeyBanc kept Overweight and lifted its target from USD 30.00 to USD 35.00. Waystar stock reports third-quarter results on November 2, 2026.

Catalysts through November

KeyBanc raised its Waystar target from USD 30.00 to USD 35.00 on October 16, 2026.
Second-quarter revenue reached USD 319.67 million, up 18.10 percent year over year.
Waystar will publish third-quarter results on November 2, 2026.

WAY, US9467841055, Illustration mit AI erstellt.

Waystar Holding Corp. (ISIN US9467841055) drew a higher valuation from KeyBanc on October 16, 2026, when the firm lifted its price target from USD 30.00 to USD 35.00 while keeping an Overweight rating, as Markets Insider reported. The target change sets a higher hurdle for the company's third-quarter update.

Target rises before results

KeyBanc's note came ahead of the scheduled third-quarter report and said healthcare information technology valuations had recovered from the previous quarter. The firm also highlighted the importance of top-line growth and potential guidance changes, according to Markets Insider.

The previous quarter gives investors a concrete benchmark. Waystar generated USD 319.67 million of revenue in the second quarter of 2026, up 18.10 percent from the same period a year earlier, while diluted earnings per share reached USD 0.21. Net income attributable to common shareholders was USD 40.87 million in that quarter.

What does the next report mean?

The second-quarter figures showed revenue growth alongside a 13.00 percent net profit margin. The revenue result also exceeded the USD 316.21 million consensus cited by MarketBeat, giving the November release a clear comparison point.

Three recent milestones

On October 6, 2026, Chief Executive Officer Matthew Hawkins sold 82,500 shares under a pre-arranged trading plan, according to MarketBeat. Waystar announced on October 14, 2026 that it would report third-quarter results for the period ended September 30, 2026. KeyBanc then raised its target on October 16, 2026 from USD 30.00 to USD 35.00.

Next date for investors

Waystar will release third-quarter 2026 results after the market close on November 2, 2026, followed by a conference call at 4:30 p.m. ET, according to the company's release on Waystar.

Stock remains tied to execution

Waystar was last at USD 28.85 on the Nasdaq on October 23, 2026 at 4:00 p.m. ET, with the market capitalization at USD 5.5 billion and a 52-week range of USD 17.26 to USD 40.35. The next report will show whether the revenue pace and operating margin can support the higher USD 35.00 target.