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Added to YB: 2025-07-28

Pitch date: 2025-07-23

HSTM [neutral]

HealthStream, Inc.

-10.79%

current return

Author Info

Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.

Company Info

HealthStream, Inc. provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States.

Market Cap

$731.3M

Pitch Price

$27.09

Price Target

N/A

Dividend

0.50%

EV/EBITDA

14.48

P/E

36.26

EV/Sales

2.19

Sector

Health Care Technology

Category

N/A

Show full summary:
Pernas Research Passes On: HealthStream, Inc.

HSTM pass: Healthcare SaaS w/ 96% subscription rev, half from mandatory training. High-growth CredentialStream & ShiftWizard offset by legacy product attrition. Recent tech scaling issues resolved but budget headwinds for non-essential modules. No AI strategy, fragmented portfolio from acquisitions, more sales-led than product-led.

Read full article (1 min)