HSTM (HealthStream) Moat Score: 5/10 (As of Jun. 28, 2026)


HSTM HealthStream Inc HSTM
86 GF Score
Price $26.73
GF Value $30.73
Valuation Modestly Undervalued
! 4 Warning Signs
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What is HealthStream Moat Score?

HealthStream HSTM +4.01% 86 Moat Score is 5 as of Jun. 28, 2026. GuruFocus rates HSTM with a GF Score™ of 86/100 and a GF Value™ of $30.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 678 Healthcare Providers & Services companies, HealthStream ranks better than 96.02% on this metric.

HealthStream has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

HealthStream has Narrow Moat: HealthStream Inc has a solid narrow moat due to its niche market leadership in healthcare workforce solutions. The company benefits from customer loyalty and moderate switching costs, but lacks significant network effects, patents, or regulatory barriers.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes HealthStream might have Narrow Moat - Solid narrow moat.

HealthStream  (NAS:HSTM) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

HealthStream Moat Score Related Terms

HSTM vs PHR, TALK, CERT: Moat Score Comparison

For the Health Information Services subindustry, HealthStream's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HealthStream Moat Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthStream's Moat Score distribution charts can be found below:

* The bar in red indicates where HealthStream's Moat Score falls into.


HSTM
86GF Score
HealthStream Inc HSTM
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
HealthStream (HSTM) has a Moat Score of 5 as of Jun. 28, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, HealthStream ranks #27 out of 678 companies in the Healthcare Providers & Services industry, placing it in the top 4%.
Is HealthStream's Moat Score too high?
HealthStream's current Moat Score is 5. Based on the distribution chart, HealthStream ranks #27 out of 678 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, HealthStream has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HealthStream's Moat Score compare to PHR and TALK?
According to the Healthcare Providers & Services industry distribution chart, HealthStream ranks #27 out of 678 companies for Moat Score. This places HealthStream in the top 4% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Healthcare Providers & Services company?
A good Moat Score depends on the Healthcare Providers & Services industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. HealthStream's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthStream stock overvalued right now?
Based on GuruFocus' analysis, HealthStream (HSTM) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.73, compared to a current price of $26.73 — trading 13% below its estimated fair value. The current Moat Score is 5. HealthStream's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For HealthStream (HSTM), the current Moat Score is 5 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HealthStream (HSTM) Overvalued in 2026?

Based on GuruFocus' analysis, HealthStream stock appears to be undervalued. The current stock price of $26.73 is trading 13% below its estimated GF Value™ of $30.73. GuruFocus considers HealthStream to be Modestly Undervalued.

Key valuation signals for HSTM:

  • Moat Score: 5
  • GF Value™: $30.73 vs. price of $26.73 (13% below fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the HSTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HealthStream Business Description

Address 500 11th Avenue North, Suite 850, Nashville, TN, USA, 37203
HealthStream Inc provides SaaS based applications for healthcare organizations all designed to improve business and clinical outcomes by supporting the people who deliver patient care. The company is focused on helping individuals and organizations in healthcare meet their ongoing learning, clinical development, credentialing, and scheduling needs. It also provides its solutions to nursing schools and nursing students.
86GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.73
Price
$30.73
GF Value