PHR
Phreesia, Inc.

Phreesia, Inc.PHR

Healthcare · Health Information Services
10.00USD
+3.31%
Sep 25, 2026
PHR overview ready
Provider-Facing Platform Digitizing Patient Intake, Activation, and Payment Workflows
Phreesia is a direct, provider-facing software platform for digitizing patient intake and activation, appointment and referral workflows, patient communications, eligibility and payment collection within practice-management and EHR workflows.
Narrative is still early
Exposed to the Healthcare Provider Administrative Automation narrative through Digital Patient Access, Intake and Payment Automation — pure play.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
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 provider adoption and integration.
Market Sep 24Filing Jul 31Price action Sep 24Research Sep 2

Conviction Level

NarrativeHeat6.1ThemeHeat6.5PriceAction3.4Valuation7.2CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$620.7M
Avg Volume (60D)
792.0K
60 sessions
Revenue Growth YoY
+14.0%
FY2026 vs FY2025
Gross Margin
+60.1%
Trailing twelve months
Operating Margin
+2.5%
Trailing twelve months
Free Cash Flow Yield
+13.0%
Distance from 200DMA
-14.5%
P/E
59.4x
EV / EBITDA
11.1x
EV / Sales
1.1x
Market metrics as of Sep 24, 2026
Financial results for the period ended Jul 31, 2026
Filed balance-sheet data as of Jul 31, 2026

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 software platform for digitizing patient intake and activation, appointment and referral workflows, patient communications, eligibility and payment collection within practice-management and EHR workflows.
Opportunity
Moderate opportunity
Healthcare providers are digitizing front-end patient access, registration, intake, eligibility, communications and patient-payment workflows to reduce administrative labor, improve collection rates and create a more consumer-oriented care experience.
Key risk
Dependence on healthcare provider adoption and integration.

Narrative & Theme

Healthcare Provider Administrative Automation
Part of Digital Patient Access, Intake and Payment Automation, with strong fit.
PHR has a genuine, direct fit with healthcare-provider administrative automation rather than a generic healthcare-IT or AI adjacency.
Narrative HeatNeutral6.1 / 10
Theme HeatNeutral6.5 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Healthcare · Health Information Services
What they do

Phreesia, Inc. provides a SaaS-based software and payment platform that integrates patient intake, appointment optimization, referral management, and payment solutions for healthcare providers in the US and Canada.

How it earns

The company generates revenue primarily through subscription fees for its software platform and transactional fees related to payment processing.

Products & services
AI-enabled appointment optimization and referral management
AI-based smart answering patient communications
Integrated payment solutions embedded in intake and post-visit workflows
Financing solutions for flexible patient payments
Digital patient intake and clinic workflow software
Customers & end markets
Healthcare providers and organizations
Healthcare systems in the United States and Canada
Market position

Phreesia operates as a niche provider specializing in integrated patient intake and payment software solutions within the healthcare IT sector.

Demand drivers
Low cyclicality

Demand for healthcare administrative and payment solutions is relatively stable and less sensitive to economic cycles.