Waystar (WAY) Climbs 8.5% on Swing to Profits, Double-Digit Outlook

Angelica Ballesteros

Wed, February 18, 2026 at 3:35 PM GMT+9 2 min read

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WAY

+8.48%

We recently published 10 Stocks Outperforming With Monstrous Gains. Waystar Holding Corp. (NASDAQ:WAY) was one of the best performers on Tuesday.

Waystar saw its share prices jump by 8.48 percent on Tuesday to close at $24.31 apiece as investors cheered its swing to profitability and a double-digit growth outlook for this year.

In an updated report, Waystar Holding Corp. (NASDAQ:WAY) said that it swung to a net income of $112 million last year, reversing a $19 million net loss in 2024.

Revenues broke past the $1 billion level at $1.099 billion, marking a 16 percent jump from $943.5 million year-on-year.

Waystar (WAY) Climbs 8.5% on Swing to Profits, Double-Digit Outlook

In the fourth quarter alone, Waystar Holding Corp. (NASDAQ:WAY) netted $19.99 million, or 4.8 percent higher than the $19.08 million in the same quarter a year earlier. Revenues were at $303.5 million, marking a 24 percent jump from $244 million year-on-year.

For 2026, Waystar Holding Corp. (NASDAQ:WAY) is gunning for a 20.6 percent to 27 percent jump in non-GAAP net income, at $317 million to $335 million, versus a non-GAAP net income of $262.9 million in 2025.

Revenues are targeted at a range of $1.274 billion to $1.294 billion, or an implied growth of 16 percent to 17.7 percent year-on-year.

Adjusted EBITDA is expected at $530 million to $540 million, or 14.7 percent to 16.8 percent higher than the $462.1 million in the same comparable period.

“We are leading healthcare’s AI transformation by advancing the autonomous revenue cycle, leveraging unmatched proprietary data and deep domain expertise to deliver meaningful outcomes for providers. Our 2026 guidance reflects a robust pipeline, accelerating demand for an end-to-end AI-powered platform, and disciplined execution to sustain durable, profitable growth,” said CEO Matt Hawkins.

While we acknowledge the potential of WAY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey****.****

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