Feed / HSTM

HealthStream, Inc.

HSTM

Healthcare · 29.13 +0.9% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

HealthStream, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 25 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company+0.9% todayVolume comparison unavailable
Market group0 of 25 activeHuman Capital Management · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • HSTM's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if HSTM's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Health Information Services

No new filing conclusion is available. 0 of 25 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • HSTM's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements31
Verified relationships1
Evidence supporting the case
  • Operating cash flow covered net income at 3.45x in the latest annual period.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position
  • P/E is 47% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 38% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

29.13
6m+36.3%12m+3.7%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$256.7M+4.9%$0.18-1.2%
2022-12-31$266.8M+3.9%$0.39-2.8%
2023-12-31$279.1M+4.6%$0.50-0.1%
2024-12-31$291.6M+4.5%$0.66-0.4%
2025-12-31$304.1M+4.3%$0.61-1.3%

What management says matters

Persistent and emerging business drivers

Foreign exchangemixed · 4 filings
Increases or decreases in our foreign-denominated revenue from movements in foreign exchange rates are often partially offset by the corresponding increases or decreases in our foreign-denominated operating expenses.
10-Q · May 6, 2026
Input and raw-material costsmixed · 4 filings
The increase in amount is primarily due to increased sales commissions and higher labor costs, coupled with increases in expenses from the Virsys12 and MissionCare acquisitions.
10-Q · May 6, 2026
Labor availability and costsmixed · 4 filings
The increase in amount is primarily due to increased sales commissions and higher labor costs, coupled with increases in expenses from the Virsys12 and MissionCare acquisitions.
10-Q · May 6, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.9× · EV/sales 2.8×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

29.13+0.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for HSTM. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for HSTM. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind HSTM

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

WDAYWorkday, Inc.competitorFeb 27, 2026

We compete with companies such as Cornerstone OnDemand, Ultimate Kronos Group, Degreed, Oracle, SAP, Infor, Qgenda, Indeed, and Workday, which provide their services to multiple industries, including healthcare.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

HSTM is currently a Follower in the organic co-movement group Human Capital Management. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for HSTM; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.