PHR
Phreesia, Inc.

Phreesia, Inc.PHR

Healthcare · Health Information Services
12.62USD
-0.71%
Nov 09, 2026
PHR overview ready
Patient Access and Provider Revenue Workflow Automation Platform
Phreesia is a direct provider-facing platform beneficiary: its software sits at the patient-access layer and monetizes digital intake, scheduling and referral workflows, communications, payment processing and patient-payment financing.
Theme not measured
Healthcare IT has no leadership state this session.
Advancing price action
Longer-term context reads early recovery, with a near-term setup of daily advance.
Attractive valuation
Current market expectations look undemanding relative to the cash the business actually produces.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Dependence on healthcare providers' IT adoption rates.
Market Nov 6Price action Nov 8Research Oct 23

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction9.4BusinessPerformance—BusinessQuality3.1Valuation7.8ThemeMomentum—This company's quarterly figures could not be reconciled to its filed statement totals, so no performance read is shown.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Healthcare IT — Healthcare IT is tracked (3–4 priced members) — too few for a leadership state
Price
Loading price history…

Price Action

Advancing price action
Longer-term context reads early recovery, with a near-term setup of daily advance.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$782.9M
Avg Volume (60D)
683.5K
60 sessions
Revenue Growth YoY
+12.9%
Trailing twelve months
Gross Margin
+67.5%
Operating Margin
+5.0%
Trailing twelve months
Free Cash Flow Yield
+8.7%
Distance from 200DMA
+16.4%
Next Earnings
2026-12-02
P/E
74.2x
EV / EBITDA
17.7x
EV / Sales
1.5x
Market metrics as of Nov 8, 2026

Business Performance

Insufficient evidence

This company's quarterly figures could not be reconciled to its filed statement totals, so no performance read is shown.

Business Quality

3.1 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

All three valuation perspectives agree this company is cheap.
Phreesia, Inc. has a Cheap valuation stance because current market expectations look undemanding relative to the cash the business actually produces.

Company Research

Thesis
Phreesia is a direct provider-facing platform beneficiary: its software sits at the patient-access layer and monetizes digital intake, scheduling and referral workflows, communications, payment processing and patient-payment financing. The story is still emerging, so the exposure is real but early.
Opportunity
Moderate opportunity
Healthcare providers are digitizing and automating patient-facing administrative workflows—discovery, scheduling, intake, communications, financial clearance, collections and payment—to reduce front-office labor, improve access and protect revenue amid payer complexity and higher patient financial responsibility.
Key risk
Dependence on healthcare providers' IT adoption rates.

Economic classification

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Business & Markets

Healthcare · Health Information Services
What they do

Phreesia provides a SaaS-based integrated software and payment platform that automates patient intake, scheduling, communications, and payment workflows for healthcare providers in the US and Canada.

How it earns

The company generates revenue primarily through subscription and transactional fees tied to its software platform usage and payment processing services.

Products & services
AI-enabled appointment optimization and referral management
AI-based smart answering patient communications
Integrated payment processing solutions
Patient financing and collections solutions
Digital patient intake and clinic workflow software
Customers & end markets
Healthcare providers
Healthcare organizations in the United States and Canada
Market position

Phreesia is a direct provider-facing platform beneficiary positioned as a specialized provider of patient access and revenue workflow automation software.

Demand drivers
Low cyclicality

Demand is driven by structural healthcare digitization trends rather than economic cycles.