Waystar Holding Corp

Following a corrective reset, WAY has resumed a clear higher-highs/higher-lows sequence above rising EMAs and the 50 DMA. Stage 2 classification and the primary HH/HL pattern confirm persistent intermediate-term bullish structure. Currently, price is pulling back into the rising 9 EMA and 21 EMA support zone without signs of exhaustion, fitting the Growth at Reasonable Price strategy’s emphasis on patient entries on shallow pullbacks.

• ↑Q1 revenue $314M (+22% YoY) with net retention at 111%.
• ↑Adjusted EBITDA $135M (43% margin, +26% YoY) underscores leverage.
• ↓EBITDA margin pressured by patient volume shifts and higher costs.