HealthEquity (HQY) Exceeds Q3 Earnings and Revenue Projections
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2025
0mins
Source: NASDAQ.COM
Earnings Performance: HealthEquity (HQY) reported quarterly earnings of $1.01 per share, exceeding the Zacks Consensus Estimate of $0.90, and showing a year-over-year increase from $0.78 per share. The company has surpassed consensus EPS estimates three out of the last four quarters.
Revenue Growth: The company generated revenues of $322.16 million for the quarter, surpassing the Zacks Consensus Estimate by 0.69% and increasing from $300.43 million a year ago. HealthEquity has also topped revenue estimates in four of the last four quarters.
Stock Outlook: Despite a 3.1% increase in shares since the beginning of the year, HealthEquity has underperformed compared to the S&P 500's 16.1% gain. The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Industry Context: The Medical Services industry, to which HealthEquity belongs, is currently ranked in the bottom 44% of Zacks industries, suggesting that the overall industry outlook could significantly impact the stock's performance moving forward.
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Analyst Views on HQY
Wall Street analysts forecast HQY stock price to rise
11 Analyst Rating
9 Buy
1 Hold
1 Sell
Moderate Buy
Current: 73.210
Low
89.00
Averages
117.09
High
129.00
Current: 73.210
Low
89.00
Averages
117.09
High
129.00
About HQY
HealthEquity, Inc. is engaged in providing technology-enabled services that enables consumers to make healthcare saving and spending decisions. The Company uses its technology to manage consumer tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and to administer Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It provides consumers with payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice. It offers an investment platform and access to an online-only automated investment advisory service to all of its members whose account balances exceed a stated threshold. It administers pre-tax commuter benefit programs through which employers are permitted to provide employees with commuter benefits including qualified transit and parking.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Retail Pharmacy Gains: The proposal to allow more prescription drugs to be sold over-the-counter will directly boost sales for retail pharmacies like Walmart, increasing foot traffic and enhancing the profitability of their clinic operations.
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- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 67.4, HQY's 28.8 RSI suggests relative weakness, which may attract investors looking for undervalued opportunities.
- Historical Performance: HQY's 52-week low is $74.07 and high is $116.65, with the current trading price of $84.55 reflecting its performance within this range, prompting a reassessment by investors.
- Investor Sentiment: While the stock is currently oversold, investors should cautiously evaluate market trends to avoid making impulsive decisions in an uncertain market environment.
See More
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- Wage Growth Exceeds Expectations: Average hourly earnings rose 3.8% year-over-year in December, surpassing the 3.6% forecast, which not only enhances consumer spending power but also supports economic growth.
- Consumer Confidence Rebounds: The University of Michigan's January consumer sentiment index increased to 54.0, exceeding expectations of 53.5, suggesting growing optimism among consumers about the economic outlook, potentially driving future consumption.
- Global Market Synchronization: European and Chinese stock markets rallied in tandem, contributing to gains in the US stock market, reflecting the potential for global economic recovery and further enhancing investor risk appetite.
See More
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- Employment Data Impact: U.S. nonfarm payrolls rose by 50,000 in December, below the expected 70,000, although the unemployment rate fell to 4.4%, indicating labor market resilience that may influence the Fed's monetary policy direction.
- Consumer Confidence Rise: The University of Michigan's consumer sentiment index rose to 54.0 in January, exceeding expectations of 53.5, suggesting that consumer optimism about the economic outlook could boost spending.
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See More
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- Employment Data Insight: The U.S. added 50,000 nonfarm jobs in December, falling short of the 70,000 expected, while the unemployment rate dropped to 4.4%, indicating labor market resilience that may influence future monetary policy.
- Building Permit Growth: Despite October housing starts unexpectedly falling to a 5.5-year low, building permits rose to 1.412 million, exceeding expectations of 1.35 million, suggesting a potential rebound in future construction activity.
- Global Market Impact: U.S. stocks are buoyed by a rebound in global markets, with the Euro Stoxx 50 reaching a new record high, reflecting international investor confidence in the U.S. economy, which may further drive capital inflows.
See More
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- Rising Insurance Premiums: Insurance premiums are expected to increase significantly next year, affecting millions of Americans.
- Increased Interest in Health Savings Accounts: As a response to rising costs, more Americans may consider utilizing health savings accounts (HSAs) for managing healthcare expenses.
See More
