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Waystar shares are trading higher after RBC Capital reiterated its Outperform rating on the stock and maintained a $44 price target.

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    Waystar (WAY) Soars 7.1%: Is Further Upside Left in the Stock?

    Waystar Holding (WAY) shares rose 7.1% to $26.67 on strong volume, driven by robust demand for its AI-powered revenue cycle management solutions and expanding client relationships. The company is expected to report quarterly earnings of $0.41 per share (+10.8% YoY) with revenues of $324.11 million (+20.6% YoY). However, with unchanged earnings estimate revisions over the past 30 days, analysts caution that sustained momentum may depend on future estimate improvements.