HealthEquity Stock Hits Record High After Earnings Surprise
HealthEquity shares soared 9% to an all-time peak of $115.64 following a robust Q1 FY26 earnings report that crushed analyst estimates. The health savings account administrator posted $331.9 million in revenue, marking 15% annual growth, while adjusted EBITDA jumped 19% to $140.2 million.
The company's accelerating HSA asset growth—up 15% year-over-year—and expanding member investment activity suggest deepening engagement in tax-advantaged healthcare accounts. Wall Street maintained bullish stances, with KeyBanc and BTIG reiterating overweight ratings as operational leverage continues improving.