Waystar Holding Corp. (NASDAQ:WAY) is one of the best digital health stocks to buy now.
On October 30, 2025, following the company’s third-quarter earnings, Mizuho Securities lifted its target from $48 to $50 and reiterated an Outperform rating, citing strong demand for Waystar’s revenue cycle management solutions. The firm highlighted that adoption of AI-driven claims denial tools was a key contributor to the company’s above-consensus performance.
Waystar Holding Corp. (NASDAQ:WAY) released their Q3 report on October 29, 2025. Double-digit growth came from steady transaction volume, expanding client adoption, and early Iodine Software cross-sell, which lifted revenue 12% to $268.7M and kept adjusted EBITDA strong at $112.7M with a 42% margin. Cost discipline and scale did the rest, converting more of each dollar into profit and pushing net income to $30.6M. Management raised full-year targets, signaling confidence that the Iodine integration and pipeline can carry momentum into 2026: revenue to $1.085–$1.093B and adjusted EBITDA to $451–$455M.
Waystar Holding Corp. (NASDAQ:WAY) is a healthcare payments and revenue cycle technology provider. Its cloud-based software is used by hospitals, physician groups, and other care organizations to manage claims processing, billing, prior authorizations, and patient financial interactions.
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