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Yext (NYSE:YEXT) Rating Increased to Buy at Wall Street Zen

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Key Points

  • Wall Street Zen upgraded Yext from "hold" to "buy," citing generative AI tailwinds that helped the company raise its full‑year guidance, though the MarketBeat consensus remains a Hold with a $8.67 target and mixed analyst opinions.
  • Yext reported $0.14 EPS (beating estimates) but $112M in revenue (slightly below expectations and down 1.7% YoY); the stock trades near $5.61 with a market cap of about $690M and a negative P/E.
  • Institutional ownership is high at roughly 71%, with several hedge funds and state investors recently changing positions, reflecting continued investor interest despite divergent analyst ratings.
  • MarketBeat previews top five stocks to own in May.

Yext (NYSE:YEXT - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

A number of other equities research analysts have also recently weighed in on the company. DA Davidson dropped their price objective on Yext from $8.25 to $6.00 and set a "neutral" rating for the company in a research note on Wednesday, February 4th. Weiss Ratings lowered Yext from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Yext presently has a consensus rating of "Hold" and a consensus target price of $8.67.

Get Our Latest Stock Report on YEXT

Yext Price Performance

Yext stock opened at $5.61 on Friday. The company's 50 day simple moving average is $6.60 and its 200-day simple moving average is $7.89. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.09 and a current ratio of 1.09. Yext has a 1 year low of $4.66 and a 1 year high of $9.20. The company has a market capitalization of $689.64 million, a price-to-earnings ratio of -560.44 and a beta of 1.01.

Yext (NYSE:YEXT - Get Free Report) last posted its quarterly earnings data on Monday, December 8th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The firm had revenue of $112.00 million during the quarter, compared to analysts' expectations of $113.07 million. Yext had a net margin of 5.89% and a return on equity of 18.57%. The firm's quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the company posted $0.12 EPS. As a group, equities research analysts expect that Yext will post -0.12 earnings per share for the current year.

Hedge Funds Weigh In On Yext

Several hedge funds and other institutional investors have recently added to or reduced their stakes in YEXT. Clearstead Advisors LLC grew its stake in shares of Yext by 147.1% in the fourth quarter. Clearstead Advisors LLC now owns 4,677 shares of the company's stock worth $38,000 after acquiring an additional 2,784 shares in the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Yext during the third quarter worth $48,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Yext in the fourth quarter valued at $82,000. Mercer Global Advisors Inc. ADV purchased a new position in Yext in the third quarter valued at $90,000. Finally, MQS Management LLC purchased a new position in Yext in the fourth quarter valued at $86,000. Hedge funds and other institutional investors own 70.98% of the company's stock.

About Yext

(Get Free Report)

Yext, Inc is a software-as-a-service company that provides a platform for digital knowledge management. Its core offering enables businesses to centrally manage and synchronize public-facing information—such as location details, product descriptions and service offerings—across a network of search engines, mapping services, voice assistants and third-party directories.

The Yext platform is built around a proprietary Knowledge Graph, which stores and structures data to ensure consistency and accuracy.

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Analyst Recommendations for Yext (NYSE:YEXT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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