YextYEXT
About: Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives the majority of its revenues from subscription services. Geographically, the company generates a majority of its revenue from North America and the rest from International markets.
Employees: 1,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
125% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $1.03M
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
30% more capital invested
Capital invested by funds: $495M [Q2] → $644M (+$149M) [Q3]
25% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]
4% more funds holding
Funds holding: 169 [Q2] → 176 (+7) [Q3]
0.51% less ownership
Funds ownership: 73.3% [Q2] → 72.79% (-0.51%) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 62
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Roth MKM Rohit Kulkarni 0 / 0 met price target | 6%downside $7.50 | Buy Reiterated | 5 Sept 2024 |
DA Davidson Tom White 0 / 0 met price target | 28%downside $5.75 | Neutral Maintained | 5 Sept 2024 |
Needham Ryan MacDonald 47% 1-year accuracy 8 / 17 met price target | 1%upside $8 | Buy Upgraded | 5 Sept 2024 |
