KeyBanc raises target for Waystar stock from USD 30 to USD 35
Published on 10/20/2026 at 14:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget revision and reporting date
- 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 stock trades at EUR 25.10 at 2:12 p.m. CEST at Lang & Schwarz on October 20, 2026.
Waystar Holding Corp. (ISIN US9467841055) saw KeyBanc raise its price target from USD 30.00 to USD 35.00 on October 16, 2026, according to Futu News. The target increase was the latest analyst development before the company's next quarterly report.
Waystar stock was trading at EUR 25.10 at Lang & Schwarz on October 20, 2026, at 2:12 p.m. CEST. The quote is a current euro indication for German investors, while the analyst target remains denominated in USD.
What does the target change signal?
KeyBanc's move represented a 16.67 percent increase from USD 30.00 to USD 35.00. The report said analyst Scott Schoenhaus maintained a Buy rating, giving the target revision a favorable research context rather than presenting it as a change in rating.
The operating backdrop was already quantified in Waystar's second-quarter report. According to MarketWatch, revenue for the quarter ended June 30, 2026, reached USD 319.67 million, up 18.00 percent year over year. GAAP net income was USD 40.87 million, while operating cash flow for the six months ended June 30, 2026, was USD 144.32 million.
Three dates explain the setup
On July 29, 2026, Waystar reported second-quarter revenue of USD 319.67 million. On October 14, 2026, Waystar announced third-quarter revenue results for November 2, 2026. On October 16, 2026, KeyBanc raised its target to USD 35.00.
Reporting dates to mark
Waystar is scheduled to report third-quarter results for the period ended September 30, 2026, on November 2, 2026, after the market close. The company also scheduled its earnings call for 4:30 p.m. Eastern Time on that date, according to Waystar.
Stock valuation remains in view
Waystar's market capitalization was USD 5.4 billion as of October 19, 2026, with a USD 17.26 to USD 40.35 52-week range. The Nasdaq-listed healthcare software company serves more than 30,000 clients and processes more than 7.5 billion healthcare payment transactions annually, according to the company's investor-relations information.
At Lang & Schwarz, Waystar stock was trading at EUR 25.10 on October 20, 2026, at 2:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Waystar stock.
Waystar stock facts
- Company: Waystar Holding Corp.
- ISIN: US9467841055
- Ticker: WAY
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 2:12 p.m. CEST): EUR 25.10
- Market capitalization: USD 5.4 billion (as of October 19, 2026)
- 52-week range: USD 17.26-USD 40.35 (as of October 19, 2026)
- Sector / Industry: Healthcare / Medical - Healthcare Information Services
Market context: Market report Nasdaq Composite.
