Waystar's Modest FY25 Outlook Faces Growth Challenges: Goldman Sachs Analyst Weighs In

Goldman Sachs analyst Adam Hotchkiss reiterated the Buy rating on Waystar Holding Corp. WAY, with a price forecast of $52.The analyst highlights that despite strong performance in 2024, the company’s stock has fallen 14% since its fourth-quarter earnings release, compared to a 6% drop in the S&P 500.The decline reflects investor concerns over a modest increase in FY25 revenue guidance, which suggests a growth slowdown year over year, adds the analyst.Also, Hotchkiss is concerned about the longevity of FY24 ...