Market open · Delayed intraday data · 1:56 PM ET
Last update: Aug 27, 2026, 1:47 PM ET
HealthEquity, Inc.
$91.35 12.52% today
Market Open

Why HealthEquity, Inc. (HQY) stock moved

Updated Aug 27, 2026

HealthEquity, Inc. (HQY) shares tumbled 12.5% to $91.35 as of August 27, 2026, a sharp decline from the prior close of $104.42. BestStocks flagged the session as a major change for HQY. Below, we break down what changed for HQY, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

HQY fell 12.5% to $91.34

HealthEquity, Inc. moved -13.22% intraday from $104.42 to $90.62. HealthEquity (HealthEquity News ) stock fell slightly by about 0.92% on August 27, 2026, amid routine post-earnings reporting and normal market consolidation following its second-quarter financial results released that day.Overview of August 27 Events - Earnings Release: HealthEquity reported its second-quarter financial results for the period ended July 31, 2026, alongside updated fiscal year earnings guidance. - Market Reaction: Minor downward price movement reflected typical profit-taking or digestion of the new earnings data rather than a major negative catalyst, with shares trading between a high of $106.02 and a low of $103.56. - Institutional Activity: Recent institutional tracking showed mixed positioning, with some firms buying shares and others trimming stakes around the report. If you'd like, let me know if you want to look at: - The specific Q2 financial metrics and revenue numbers - Updated analyst price targets and ratings - The full FY 2027 guidance breakdown Monitor for follow-through at the close.

This summary describes the catalyst and move as first detected on Aug 27, 2026, 11:33 AM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
ValuationMedium confidence
Rel. volume
2.1×
Very High
Vs peers
No comparable peers
Market cap
$7.6B
NASDAQ Global Select
Analyst target
$110
+20.1% vs price
Price chart
Jul 27 – Aug 27
VEEEEEE$91$99$107Jul 27Aug 4Aug 12Aug 19Aug 27
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for HealthEquity, Inc. investors

For HealthEquity, Inc. investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: HealthEquity, Inc. (HQY) moved +1.24% from $97.67 to $98.88 on 2026-07-20, reaching a new 30-day high; HealthEquity, Inc. (HQY) moved +3.81% from $95.07 to $98.69 on 2026-07-16, reaching a new 30-day high. Weighing against that: Sharp 12.5% decline — elevated risk; High volume 2.1x on decline — distribution signal. Wall Street's consensus price target sits at $109.75, implying +20.1% upside from $91.35. BestStocks rates the overall signal quality medium (68/100). With earnings roughly 97 days out, the next report is the most likely near-term test of the move.

HQY price reaction

HQY last traded at $91.35, down $13.08 (-12.52%) from the previous close of $104.42. The session traded on 2.1× average volume (very high), so the move carried above-average conviction. Over the past month the stock has ranged between $91.35 and $106.79, and it currently sits about 0% of the way up that band.

Bullish and bearish analyst opinions on HealthEquity, Inc. (HQY)

Latest catalysta bearish counterpoint
The latest catalyst — a materially negative development — a bearish counterpoint that challenges the prevailing bullish analyst view.

The consensus analyst price target on HealthEquity, Inc. (HQY) is $109.75, 20.1% above the recent $91.35. Over the past 90 days analysts logged 0 upgrades, 4 maintains, and 0 downgrades. Here is how the bullish and bearish cases on HQY line up.

The bullish case

  • Wall Street's consensus price target of $109.75 implies +20.1% upside from $91.35.
  • The Street's most bullish target is $115.00 (+25.9%).
  • HealthEquity, Inc. (HQY) moved +1.24% from $97.67 to $98.88 on 2026-07-20, reaching a new 30-day high.
  • Positive price momentum.

The bearish case

  • Sharp 12.5% decline — elevated risk.
  • High volume 2.1x on decline — distribution signal.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Aug 27, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $110+20.1%
= 4 maintains
BTIG maintained Buy · 2026-07-24
SEC filings watch
8-K2026-06-26
Material event — review for impact
high
10-Q2026-05-28
Quarterly financial results
medium
8-K2026-05-28
Material event — review for impact
high
DEF 14A2026-05-13
Annual proxy — exec compensation & governance
low
Peer context
HQY-12.5%

Previous notable changes for HQY

Material / Earnings2026-08-10+2.1%
HealthEquity, Inc. (HQY) moved +3.04% from $103.64 to $106.79 on 2026-08-10. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with HQY reaching a new 30-day high on near-average volume.
Material / Earnings2026-08-04+0.6%
HealthEquity, Inc. (HQY) moved +1.66% from $103.26 to $104.97 on 2026-08-04. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincides with HQY reaching a new 30-day high on normal volume (1.0x the 5-day average).
Material / Earnings2026-08-03+3.7%
HealthEquity, Inc. (HQY) moved +2.82% from $101.50 to $104.36 on 2026-08-03. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with HQY reaching a new 30-day high; volume was near its 5-day average.
Material / Earnings2026-07-29+2.9%
HealthEquity, Inc. (HQY) moved +2.13% from $101.96 to $104.13 on 2026-07-29. We checked news, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with HQY reaching a new 30-day high on volume near its 5-day average.
Upcoming catalysts & outlook
Next earnings
2026-12-02 (est.)
in 97 days
Thesis shift
Neutral / Mixed
bearish signal
Risk level
Low
from change events

Frequently asked questions about HQY

Why did HealthEquity, Inc. (HQY) stock move?

HQY tumbled 12.5% to $91.35. The move coincided with the context summarized above, though no single company-specific catalyst was independently confirmed.

How much did HQY stock fall?

HQY lost 12.52% ($13.08) versus the prior close of $104.42, last trading at $91.35 on 2.1× average volume.

When is HealthEquity, Inc.'s next earnings date?

HQY's next earnings report is estimated for 2026-12-02 — about 97 days away.

What is the analyst price target for HQY?

The consensus analyst price target for HQY is $109.75, about 20.1% above the current $91.35. Over the past 90 days, analysts recorded 0 upgrades, 4 maintains, and 0 downgrades.

How BestStocks tracks HQY

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared HQY-specific materiality thresholds, triggering an evidence check. It draws on 15 tracked change events for HQY, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 27, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.