Core Viewpoint - Waystar Holding (WAY) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - Waystar is projected to earn $1.39 per share for the fiscal year ending December 2025, with no year-over-year change, but the Zacks Consensus Estimate has increased by 3.1% over the past three months [8]. Investment Implications - The upgrade to Zacks Rank 2 places Waystar in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]. - Rising earnings estimates and the corresponding rating upgrade reflect an improvement in Waystar's underlying business, which could lead to increased buying pressure and a higher stock price [5][10].