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Waystar (WAY) Competitors

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$21.11 0.00 (0.00%)
Closing price 07/31/2026 04:00 PM Eastern
Extended Trading
$21.09 -0.02 (-0.09%)
As of 07/31/2026 07:34 PM Eastern
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WAY vs. GEN, RBRK, QNT, NTNX, and DOCN

Should you buy Waystar stock or one of its competitors? MarketBeat compares Waystar with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Waystar include Gen Digital (GEN), Rubrik (RBRK), Quantinuum (QNT), Nutanix (NTNX), and DigitalOcean (DOCN).

How does Waystar compare to Gen Digital?

Gen Digital (NASDAQ:GEN) and Waystar (NASDAQ:WAY) are related companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, dividends, risk, profitability, earnings and media sentiment.

In the previous week, Waystar had 9 more articles in the media than Gen Digital. MarketBeat recorded 17 mentions for Waystar and 8 mentions for Gen Digital. Gen Digital's average media sentiment score of 1.03 beat Waystar's score of 0.65 indicating that Gen Digital is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Gen Digital
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Waystar
3 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

81.4% of Gen Digital shares are owned by institutional investors. 9.7% of Gen Digital shares are owned by insiders. Comparatively, 3.5% of Waystar shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Gen Digital has higher revenue and earnings than Waystar. Gen Digital is trading at a lower price-to-earnings ratio than Waystar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Gen Digital$5B3.29$973M$1.5817.37
Waystar$1.10B3.68$112.09M$0.7030.16

Gen Digital has a net margin of 19.46% compared to Waystar's net margin of 11.18%. Gen Digital's return on equity of 55.47% beat Waystar's return on equity.

Company Net Margins Return on Equity Return on Assets
Gen Digital19.46% 55.47% 8.49%
Waystar 11.18%7.03%4.75%

Gen Digital has a beta of 1.21, meaning that its share price is 21% more volatile than the broader market. Comparatively, Waystar has a beta of 0.06, meaning that its share price is 94% less volatile than the broader market.

Gen Digital currently has a consensus price target of $29.33, suggesting a potential upside of 6.86%. Waystar has a consensus price target of $35.14, suggesting a potential upside of 66.44%. Given Waystar's stronger consensus rating and higher possible upside, analysts plainly believe Waystar is more favorable than Gen Digital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Gen Digital
0 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.33
Waystar
1 Sell rating(s)
2 Hold rating(s)
18 Buy rating(s)
3 Strong Buy rating(s)
2.96

Summary

Gen Digital beats Waystar on 10 of the 17 factors compared between the two stocks.

How does Waystar compare to Rubrik?

Rubrik (NYSE:RBRK) and Waystar (NASDAQ:WAY) are related companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, profitability, risk, institutional ownership, earnings, analyst recommendations, valuation and dividends.

Rubrik has a beta of 1.17, meaning that its stock price is 17% more volatile than the broader market. Comparatively, Waystar has a beta of 0.06, meaning that its stock price is 94% less volatile than the broader market.

Waystar has lower revenue, but higher earnings than Rubrik. Rubrik is trading at a lower price-to-earnings ratio than Waystar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Rubrik$1.32B11.31-$348.83M-$1.45N/A
Waystar$1.10B3.68$112.09M$0.7030.16

49.5% of Rubrik shares are held by institutional investors. 13.7% of Rubrik shares are held by company insiders. Comparatively, 3.5% of Waystar shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Waystar had 9 more articles in the media than Rubrik. MarketBeat recorded 17 mentions for Waystar and 8 mentions for Rubrik. Rubrik's average media sentiment score of 1.26 beat Waystar's score of 0.65 indicating that Rubrik is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Rubrik
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Waystar
3 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Rubrik currently has a consensus price target of $93.96, indicating a potential upside of 29.93%. Waystar has a consensus price target of $35.14, indicating a potential upside of 66.44%. Given Waystar's stronger consensus rating and higher possible upside, analysts plainly believe Waystar is more favorable than Rubrik.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Rubrik
1 Sell rating(s)
0 Hold rating(s)
28 Buy rating(s)
0 Strong Buy rating(s)
2.93
Waystar
1 Sell rating(s)
2 Hold rating(s)
18 Buy rating(s)
3 Strong Buy rating(s)
2.96

Waystar has a net margin of 11.18% compared to Rubrik's net margin of -20.25%. Waystar's return on equity of 7.03% beat Rubrik's return on equity.

Company Net Margins Return on Equity Return on Assets
Rubrik-20.25% N/A -10.27%
Waystar 11.18%7.03%4.75%

Summary

Waystar beats Rubrik on 10 of the 17 factors compared between the two stocks.

How does Waystar compare to Quantinuum?

Waystar (NASDAQ:WAY) and Quantinuum (NASDAQ:QNT) are related companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, dividends, analyst recommendations, valuation, institutional ownership, earnings, profitability and risk.

In the previous week, Waystar had 11 more articles in the media than Quantinuum. MarketBeat recorded 17 mentions for Waystar and 6 mentions for Quantinuum. Waystar's average media sentiment score of 0.65 beat Quantinuum's score of 0.08 indicating that Waystar is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Waystar
3 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Quantinuum
0 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Waystar has a net margin of 11.18% compared to Quantinuum's net margin of 0.00%. Waystar's return on equity of 7.03% beat Quantinuum's return on equity.

Company Net Margins Return on Equity Return on Assets
Waystar11.18% 7.03% 4.75%
Quantinuum N/A N/A N/A

Waystar currently has a consensus target price of $35.14, indicating a potential upside of 66.44%. Quantinuum has a consensus target price of $98.75, indicating a potential upside of 92.08%. Given Quantinuum's higher possible upside, analysts plainly believe Quantinuum is more favorable than Waystar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Waystar
1 Sell rating(s)
2 Hold rating(s)
18 Buy rating(s)
3 Strong Buy rating(s)
2.96
Quantinuum
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.86

Waystar has higher revenue and earnings than Quantinuum.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Waystar$1.10B3.68$112.09M$0.7030.16
Quantinuum$17.08M785.37N/AN/AN/A

Summary

Waystar beats Quantinuum on 9 of the 11 factors compared between the two stocks.

How does Waystar compare to Nutanix?

Nutanix (NASDAQ:NTNX) and Waystar (NASDAQ:WAY) are related companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, media sentiment, earnings, profitability, valuation, analyst recommendations, institutional ownership and risk.

Nutanix has a beta of 0.6, suggesting that its stock price is 40% less volatile than the broader market. Comparatively, Waystar has a beta of 0.06, suggesting that its stock price is 94% less volatile than the broader market.

Waystar has a net margin of 11.18% compared to Nutanix's net margin of 10.03%. Waystar's return on equity of 7.03% beat Nutanix's return on equity.

Company Net Margins Return on Equity Return on Assets
Nutanix10.03% -38.96% 8.55%
Waystar 11.18%7.03%4.75%

85.3% of Nutanix shares are owned by institutional investors. 2.4% of Nutanix shares are owned by company insiders. Comparatively, 3.5% of Waystar shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Nutanix has higher revenue and earnings than Waystar. Waystar is trading at a lower price-to-earnings ratio than Nutanix, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nutanix$2.54B6.29$188.37M$0.9562.12
Waystar$1.10B3.68$112.09M$0.7030.16

Nutanix presently has a consensus target price of $60.00, indicating a potential upside of 1.68%. Waystar has a consensus target price of $35.14, indicating a potential upside of 66.44%. Given Waystar's stronger consensus rating and higher probable upside, analysts plainly believe Waystar is more favorable than Nutanix.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nutanix
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67
Waystar
1 Sell rating(s)
2 Hold rating(s)
18 Buy rating(s)
3 Strong Buy rating(s)
2.96

In the previous week, Waystar had 8 more articles in the media than Nutanix. MarketBeat recorded 17 mentions for Waystar and 9 mentions for Nutanix. Nutanix's average media sentiment score of 1.37 beat Waystar's score of 0.65 indicating that Nutanix is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nutanix
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Waystar
3 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Nutanix beats Waystar on 9 of the 17 factors compared between the two stocks.

How does Waystar compare to DigitalOcean?

Waystar (NASDAQ:WAY) and DigitalOcean (NYSE:DOCN) are related companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, valuation, media sentiment, risk, earnings, analyst recommendations, dividends and institutional ownership.

Waystar presently has a consensus price target of $35.14, indicating a potential upside of 66.44%. DigitalOcean has a consensus price target of $151.93, indicating a potential upside of 29.54%. Given Waystar's stronger consensus rating and higher possible upside, research analysts clearly believe Waystar is more favorable than DigitalOcean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Waystar
1 Sell rating(s)
2 Hold rating(s)
18 Buy rating(s)
3 Strong Buy rating(s)
2.96
DigitalOcean
0 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
2.94

In the previous week, Waystar had 5 more articles in the media than DigitalOcean. MarketBeat recorded 17 mentions for Waystar and 12 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 0.99 beat Waystar's score of 0.65 indicating that DigitalOcean is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Waystar
3 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
DigitalOcean
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

DigitalOcean has a net margin of 24.97% compared to Waystar's net margin of 11.18%. DigitalOcean's return on equity of 88.86% beat Waystar's return on equity.

Company Net Margins Return on Equity Return on Assets
Waystar11.18% 7.03% 4.75%
DigitalOcean 24.97%88.86%6.95%

Waystar has a beta of 0.06, meaning that its stock price is 94% less volatile than the broader market. Comparatively, DigitalOcean has a beta of 1.61, meaning that its stock price is 61% more volatile than the broader market.

DigitalOcean has lower revenue, but higher earnings than Waystar. Waystar is trading at a lower price-to-earnings ratio than DigitalOcean, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Waystar$1.10B3.68$112.09M$0.7030.16
DigitalOcean$901.43M13.58$259.26M$2.2951.22

49.8% of DigitalOcean shares are held by institutional investors. 3.5% of Waystar shares are held by company insiders. Comparatively, 1.0% of DigitalOcean shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

DigitalOcean beats Waystar on 10 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WAY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WAY vs. The Competition

MetricWaystarHealthcare Technology IndustryHealthcare SectorNASDAQ Exchange
Market Cap$4.05B$1.37B$7.16B$12.46B
Dividend YieldN/A4.76%2.59%10.03%
P/E Ratio30.16274.99282.2524.53
Price / Sales3.6861.50591.8892.60
Price / Cash10.8330.5628.6046.71
Price / Book1.044.6110.936.07
Net Income$112.09M-$25.90M$3.50B$348.23M
7 Day Performance-8.73%-0.26%-0.64%-0.42%
1 Month Performance-10.02%-4.40%-3.78%-4.80%
1 Year Performance-40.69%-19.69%61.99%18.61%

Waystar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WAY
Waystar
4.3861 of 5 stars
$21.11
flat
$35.14
+66.4%
-40.7%$4.05B$1.10B30.161,700
GEN
Gen Digital
4.6011 of 5 stars
$26.11
-2.1%
$29.33
+12.3%
-4.7%$15.73B$5B16.533,900
RBRK
Rubrik
3.356 of 5 stars
$75.90
-2.9%
$93.96
+23.8%
-17.6%$15.62B$1.42BN/A3,797
QNT
Quantinuum
4.9149 of 5 stars
$58.58
+2.1%
$98.75
+68.6%
N/A$15.29B$17.08MN/A704
NTNX
Nutanix
2.5603 of 5 stars
$54.19
-1.7%
$60.00
+10.7%
-18.2%$14.65B$2.75B57.047,800

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This page (NASDAQ:WAY) was last updated on 8/3/2026 by MarketBeat.com Staff.
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