Is Waystar Holding Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Waystar Holding Corp. has moved from attractive to very expensive, indicating a shift towards overvaluation. The company appears to be overvalued based on its current metrics. Notable valuation ratios include a current price of $36.98, a previous close of $36.81, and a 52-week high of $48.11, which suggests that the stock is trading significantly above its historical highs. In comparison to its peers, Waystar Holding Corp. does not qualify for any specific valuation metrics, which highlights its unique position within the industry. Despite a strong one-year return of 34.03% compared to the S&P 500's 14.08%, the recent performance indicates a potential disconnect between stock price appreciation and underlying value, reinforcing the notion that the stock may be overvalued at this time.