YextYEXT
Market Cap: 738M
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 Q1 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]
3% more capital invested
Capital invested by funds: $522M [Q4 2023] → $539M (+$17.5M) [Q1 2024]
0.26% less ownership
Funds ownership: 71.38% [Q4 2023] → 71.12% (-0.26%) [Q1 2024]
7% less funds holding
Funds holding: 187 [Q4 2023] → 174 (-13) [Q1 2024]
15% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 67
41% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 32
48% less call options, than puts
Call options by funds: $834K | Put options by funds: $1.6M
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
DA Davidson Tom White | 6%downside $5.5 | Neutral Maintained | 11 Jun 2024 |
Roth MKM Rohit Kulkarni | 37%upside $8 | Buy Reiterated | 11 Jun 2024 |
DA Davidson Tom White | 24%upside $7.25 | Neutral Maintained | 8 Mar 2024 |
B. Riley Securities Naved Khan | 37%upside $8 | Neutral Maintained | 7 Mar 2024 |
Financial journalist opinion
Based on 3 articles about YEXT published over the past 30 days