KeyBanc raises target for Waystar stock to USD 35 ahead of third-quarter results

Published on 10/18/2026 at 13:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 319.67 million, up 18.10 percent year over year. Waystar stock reports results on November 2, 2026.

Targets and reporting dates

KeyBanc lifted its Waystar target 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 was last at USD 27.36 at 4:00 p.m. ET on Nasdaq on October 16, 2026.

WAY, US9467841055, Illustration mit AI erstellt.

Waystar Holding (ISIN US9467841055) reported USD 319.67 million in revenue for the second quarter ended June 30, 2026, up 18.10 percent from USD 270.65 million a year earlier, according to Markets Insider. KeyBanc then raised its price target for Waystar from USD 30.00 to USD 35.00 on October 16, 2026, while maintaining an Overweight rating, as reported by Markets Insider.

Target rises before results

The KeyBanc action gives investors a fresh benchmark before Waystar reports its third-quarter numbers. The new USD 35.00 target is USD 5.00 above the previous target, while the company enters the report period after quarterly earnings per share of USD 0.43 beat the USD 0.40 consensus estimate for the second quarter, according to Markets Insider.

What does November 2 mean?

Waystar said on October 14, 2026, that it will publish results for the third quarter ended September 30, 2026, after the market close on November 2, 2026. The company scheduled its conference call for 4:30 p.m. ET that day, according to Waystar. For investors, the report will test whether the 18.10 percent second-quarter revenue growth can continue into the second half.

Three milestones shape the setup

On October 6, 2026, RBC Capital maintained a Buy rating and set a USD 44.00 target, according to Markets Insider. On October 14, 2026, Waystar announced the November 2 reporting date. On October 16, 2026, KeyBanc raised its target from USD 30.00 to USD 35.00, making the upcoming report the next concrete test for the higher valuation view.

Upcoming dates and valuation

The next reporting date is November 2, 2026, followed by the scheduled results call at 4:30 p.m. ET. Waystar's investor-relations page says its platform serves over 30,000 clients and represents more than 1 million providers, while processing over 7.5 billion healthcare payment transactions annually.

Nasdaq quote and valuation

Waystar was last at USD 27.36 on Nasdaq on October 16, 2026 at 4:00 p.m. ET. Its market capitalization was USD 5.2 billion, and its 52-week range was USD 17.26 to USD 40.35, both as of October 16, 2026. The higher analyst targets therefore remain a valuation reference rather than a reported company result. The further course of trading is shown by the continuously updated real-time quote of Waystar stock.