Healthequity Inc (HQY)
NASDAQ:HQY
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HQY Stock Chart & Stats
$86.04
-$0.18(-0.18%)
At close: 4:00 PM EST
$86.04
-$0.18(-0.18%)
Day’s Range― - ―
52-Week Range$72.76 - $116.65
Previous CloseN/A
Volume98.58K
Average Volume (3M)990.90K
Market Cap
$7.39B
Enterprise Value$7.13B
Total Cash (Recent Filing)$265.37M
Total Debt (Recent Filing)$984.68M
Price to Earnings (P/E)31.2
Beta0.97
Next Earnings
Sep 08, 2026EPS Estimate
1.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.70
Shares Outstanding83,602,160
10 Day Avg. Volume1,236,166
30 Day Avg. Volume990,898
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)3.50
Price to Sales (P/S)5.62
P/FCF Ratio16.21
Enterprise Value/Market Cap0.97
Enterprise Value/Revenue5.33
Enterprise Value/Gross Profit7.34
Enterprise Value/Ebitda23.47
Forecast
1Y Price Target
$114.00Price Target Upside32.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)4.72
Revenue Forecast (FY)$1.42B
Bulls Say, Bears Say
Bulls Say
Cash Generation & FCFConsistent, high free cash flow that tracks net income suggests durable earnings quality and strong internal funding capacity. This cash generation supports buybacks, investment and M&A optionality, reduces reliance on external financing, and underpins long-term shareholder returns and balance sheet resilience.
HSA Account And Asset GrowthSustained organic growth in HSA accounts and assets drives recurring service fees and custodial income, increasing wallet share and platform scale. Outpacing reported market growth implies competitive gains that compound recurring revenue and deepen customer relationships over multiple years.
Margin Expansion & AI-driven EfficiencyOperating leverage plus AI-driven process automation materially improves unit economics and supports sustainable margin expansion as scale grows. Efficiency gains lower service costs structurally, enabling permanent margin improvement if technology adoption continues and benefits scale with volumes.
Bears Say
Unclear Leverage DurabilityA large reported reduction in total debt between annual and TTM periods creates uncertainty around the permanence of a low-leverage profile. If the decline reflects one-off paydowns or reporting timing, leverage could revert, affecting capital flexibility for buybacks, acquisitions, or unexpected cash needs.
Custodial Cash Yield & Timing ExposureLarge custodial balances make revenue and profitability sensitive to interest-rate placement and timing. While forward hedges reduce volatility, actual custodial yields and placement timing can materially swing custodial revenue, creating persistent sensitivity to market rates over the medium term.
One-time Items & Early-stage MarketplaceSome recent margin gains were aided by non-recurring items and unusually low claims, which may revert. The company’s marketplace is early-stage and currently immaterial, so anticipated revenue diversification and long-term margin support remain uncertain until adoption and monetization scale.
Healthequity News
HQY FAQ
What was Healthequity Inc’s price range in the past 12 months?
Healthequity Inc lowest stock price was $72.76 and its highest was $116.65 in the past 12 months.
What is Healthequity Inc’s market cap?
Healthequity Inc’s market cap is $7.39B.
When is Healthequity Inc’s upcoming earnings report date?
Healthequity Inc’s upcoming earnings report date is Sep 08, 2026 which is in 95 days.
How were Healthequity Inc’s earnings last quarter?
Healthequity Inc released its earnings results on May 28, 2026. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.115 by $0.125.
Is Healthequity Inc overvalued?
According to Wall Street analysts Healthequity Inc’s price is currently Undervalued.
Does Healthequity Inc pay dividends?
Healthequity Inc does not currently pay dividends.
What is Healthequity Inc’s EPS estimate?
Healthequity Inc’s EPS estimate is 1.19.
How many shares outstanding does Healthequity Inc have?
Healthequity Inc has 83,602,160 shares outstanding.
What happened to Healthequity Inc’s price movement after its last earnings report?
Healthequity Inc reported an EPS of $1.24 in its last earnings report, beating expectations of $1.115. Following the earnings report the stock price went down -2.795%.
Which hedge fund is a major shareholder of Healthequity Inc?
Currently, no hedge funds are holding shares in HQY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Healthequity Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$114.00 (32.50% Upside)
$114.00 (32.50% Upside)
Blogger Sentiment
Bullish
HQY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 191.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 1.4%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.87%
12-Months-Change
Fundamentals
Return on Equity
10.94%
Trailing 12-Months
Asset Growth
-3.22%
Trailing 12-Months
Company Description
Healthequity Inc
HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company offers cloud-based platforms for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provides mutual fund investment platform; and online-only automated investment advisory services through Advisor, a Web-based tool. In addition, the company offers flexible spending accounts; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuation services, as well as administers pre-tax commuter benefit programs. It serves clients through a direct sales force; benefits brokers and advisors; and a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. The company was incorporated in 2002 and is headquartered in Draper, Utah.
HQY Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized solid execution: revenue and gross profit records, margin expansion, strong adjusted EBITDA growth (+17% YoY) and raised guidance, supported by healthy HSA account/asset growth, digital engagement gains, AI-driven service efficiencies, and an expanded $1B share repurchase authorization. Lowlights were mostly timing/one-time items (breakage fee, lower fraud reimbursements), early-stage marketplace revenue (not yet material), exposure in HSA cash maturities and interest-rate timing, and caution that some service-cost improvements may be seasonal or temporary. Overall, the positives around durable account/asset growth, margin expansion, cash generation and strategic initiatives materially outweigh the cautions and one-offs.View all HQY earnings summariesHQY Revenue Breakdown
49.92% Service revenue
32.85% Custodial revenue
17.23% Interchange revenue
HQY Stock 12 Month Forecast
Average Price Target
$114.00
▲(32.50% Upside)
Technical Analysis
Omnicell
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Doximity
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BrightSpring Health Services, Inc.
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Hinge Health, Inc. Class A
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Ownership Overview
2.45% Insiders
36.15% Mutual Funds
35.47% Other Institutional Investors
0.06% Public Companies and
Individual Investors