Phreesia, Inc.

Phreesia, Inc.

Phreesia, Inc. (PHR) provides cloud-based patient intake and engagement software for healthcare organisations, aiming to streamline administrative workflows and capture patient data before clinical encounters. The company sells a mix of software subscriptions and transaction-based services to hospitals, physician groups and specialty clinics, which can create recurring revenue and usage-linked income. Investors often watch Phreesia for its exposure to healthcare digitisation, potential scale benefits and data-driven services such as revenue-cycle tools and analytics. Key considerations include competitive dynamics in health IT, the company’s ability to expand payer and provider integrations, and regulatory and privacy requirements that affect patient data handling. As with any technology stock, growth can be uneven and valuation sensitive to execution. This summary is for educational purposes only and not personalised investment advice β€” investors should assess financials, strategy and risk tolerance before considering any position.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Phreesia's stock with a target price of $29.89, indicating significant growth potential.

Above Average

Financial Health

Phreesia is generating strong revenue and cash flow, demonstrating solid financial performance overall.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring PHR

The New Cost of Compliance: Investing in HR Tech

The New Cost of Compliance: Investing in HR Tech

Australian airline Qantas received a historic $58 million fine for unlawfully dismissing workers, setting a new precedent for corporate accountability in labor practices. This ruling creates an investment opportunity in companies that provide the essential HR, legal, and compliance technologies businesses now need to navigate stricter labor law enforcement.

Published: August 19, 2025

Explore Basket
Pharma's Digital Prescription

Pharma's Digital Prescription

Novo Nordisk is partnering with GoodRx to offer its popular drug Ozempic at a reduced price, boosting GoodRx's stock. This collaboration highlights a growing trend of pharmaceutical companies leveraging digital health platforms to improve drug affordability and expand market reach.

Published: August 19, 2025

Explore Basket
Healthcare's Efficiency Imperative

Healthcare's Efficiency Imperative

UnitedHealth Group's recent profit miss, driven by high medical costs, has triggered a major cost-cutting initiative across the company. This move signals a broader industry trend, creating an investment opportunity in companies that provide AI and technology solutions to help healthcare organizations improve efficiency and reduce operational expenses.

Published: July 30, 2025

Explore Basket
Healthcare's Compliance Catalyst

Healthcare's Compliance Catalyst

The Department of Justice's investigation into UnitedHealth's billing practices is increasing pressure on the entire healthcare industry to ensure compliance. This regulatory focus creates an investment opportunity in companies that provide specialized technology for transparent and accurate medical billing.

Published: July 26, 2025

Explore Basket
Healthcare Billing Integrity

Healthcare Billing Integrity

This group of stocks includes companies positioned to benefit from increased focus on healthcare billing compliance. Carefully selected by professional analysts, these stocks represent both healthcare tech providers offering compliance solutions and competing insurers who may gain market share amid regulatory scrutiny.

Published: July 11, 2025

Explore Basket
Mental Wellness Portfolio

Mental Wellness Portfolio

Invest in the future of mental healthcare. These carefully selected companies are leveraging technology to make mental health treatment more accessible, personalized, and effective, creating significant growth opportunities in an expanding market.

Published: June 17, 2025

Explore Basket

Why You’ll Want to Watch This Stock

πŸ“ˆ

Recurring Revenue Profile

Subscription and transaction fees give Phreesia predictable revenue streams, though growth depends on provider adoption and usage β€” performance can vary.

⚑

Platform and Data Services

Its platform enables analytics and revenue-cycle add-ons that can lift margins if adopted at scale, but data privacy and integration hurdles are material considerations.

🌍

Digitisation Tailwinds

Wider healthcare digitisation and focus on patient experience support demand, though regulatory changes and competitive dynamics can affect outcomes.

Why invest with Nemo?

Nemo Logo Fade
πŸ†“

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

πŸ”’

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

πŸ’°

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

ACN

Accenture plc

Provides consulting and technology services.

ADBE

Adobe Systems Inc.

Develops software and cloud-based solutions for digital media and digital marketing.

ADP

Automatic Data Processing, Inc.

Provides business process outsourcing and technology services.

Frequently asked questions