
Phreesia: Profitable At Last, Priced Like It Isn't
Phreesia is at a pivotal growth stage, achieving GAAP profitability and strong adjusted EBITDA momentum. PHR's AccessOne acquisition enhances its platform with payment and financing capabilities, supporting margin expansion and revenue quality. Despite conservative FY2026 guidance and technical headwinds, PHR trades at a significant discount to peers, with improving fundamentals.


















