YextYEXT
Market Cap: $796M
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 Q2 SEC filings by fund managers ($100M+ AUM)
59% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 44
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
0.77% more ownership
Funds ownership: 71.82% [Q1] → 72.59% (+0.77%) [Q2]
5% less funds holding
Funds holding: 177 [Q1] → 169 (-8) [Q2]
10% less capital invested
Capital invested by funds: $545M [Q1] → $490M (-$54.7M) [Q2]
23% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 35
50% less call options, than puts
Call options by funds: $1.81M | Put options by funds: $3.6M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Roth MKM Rohit Kulkarni 55% 1-year accuracy 17 / 31 met price target | 21%upside $7.50 | Buy Reiterated | 5 Sept 2024 |
DA Davidson Tom White 70% 1-year accuracy 7 / 10 met price target | 8%downside $5.75 | Neutral Maintained | 5 Sept 2024 |
Needham Ryan MacDonald 57% 1-year accuracy 34 / 60 met price target | 29%upside $8 | Buy Upgraded | 5 Sept 2024 |
DA Davidson Tom White 70% 1-year accuracy 7 / 10 met price target | 12%downside $5.50 | Neutral Maintained | 11 Jun 2024 |
Roth MKM Rohit Kulkarni 55% 1-year accuracy 17 / 31 met price target | 29%upside $8 | Buy Reiterated | 11 Jun 2024 |
Financial journalist opinion
Based on 7 articles about YEXT published over the past 30 days