Yext (YEXT) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Yext in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" YEXT shares.
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3 Wall Street research analysts have issued 1-year price objectives for Yext's stock. Their YEXT share price forecasts range from $11.00 to $12.80. On average, they expect the company's stock price to reach $11.95 in the next twelve months. This suggests a possible upside of 91.4% from the stock's current price.
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Yext's stock was trading at $6.53 at the beginning of the year. Since then, YEXT shares have decreased by 4.4% and is now trading at $6.2450.
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Yext saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,670,000 shares, a drop of 20.4% from the August 15th total of 4,610,000 shares. Based on an average daily trading volume, of 1,540,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 3.6% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 29th 2023.
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Yext, Inc. (NYSE:YEXT) announced its earnings results on Wednesday, September, 6th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.00. The company earned $102.60 million during the quarter, compared to analysts' expectations of $101.97 million. Yext had a negative trailing twelve-month return on equity of 17.83% and a negative net margin of 5.94%. Yext's revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.16) earnings per share.

ETFs with the largest weight of Yext (NYSE:YEXT) stock in their portfolio include Invesco Dynamic Software ETF (PSJ), Invesco Dorsey Wright Technology Momentum ETF (PTF), WisdomTree Cloud Computing Fund (WCLD), Global X Cloud Computing ETF (CLOU) and ProShares Big Data Refiners ETF (DAT).iShares Micro-Cap ETF (IWC).

Yext updated its third quarter 2024 earnings guidance on Wednesday, September, 6th. The company provided earnings per share guidance of $0.06-$0.07 for the period, compared to the consensus estimate of $0.07. The company issued revenue guidance of $101.50 million-$102.50 million, compared to the consensus revenue estimate of $102.28 million.

231 employees have rated Yext Chief Executive Officer Howard Lerman on Glassdoor.com. Howard Lerman has an approval rating of 81% among the company's employees. 81.0% of employees surveyed would recommend working at Yext to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Yext investors own include NVIDIA (NVDA), PayPal (PYPL), Block (SQ), Baidu (BIDU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Salesforce (CRM), Shopify (SHOP), Twilio (TWLO) and JD.com (JD).

(YEXT) raised $94 million in an initial public offering on Thursday, April 13th 2017. The company issued 10,500,000 shares at a price of $8.00-$10.00 per share. Morgan Stanley, J.P. Morgan and RBC Capital Markets served as the underwriters for the IPO and Pacific Crest Securities (a division of KeyBanc Capital Markets) and Piper Jaffray were co-managers.

Yext trades on the New York Stock Exchange (NYSE) under the ticker symbol "YEXT."

Yext's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.21%), State Street Corp (1.88%), The Manufacturers Life Insurance Company (1.73%), Geode Capital Management LLC (1.65%), Bank of New York Mellon Corp (1.37%) and Acadian Asset Management LLC (1.01%). Insiders that own company stock include Avram A Glazer, Brian Distelburger, Darryl Bond, David Rudnitsky, Hillary B Smith, Ho Shin, Howard Lerman, Jim Steele, Julie Richardson, Marc Ferrentino, Michael Walrath, Steven Cakebread, Thomas J Seifert and Tom Christopher Dixon.
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Shares of YEXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of YEXT stock can currently be purchased for approximately $6.25.

Yext (NYSE:YEXT) has a market capitalization of $777.38 million and generates $400.85 million in revenue each year. The company earns $-65,940,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis.

The company employs 1,200 workers across the globe.

Yext's mailing address is 61 Ninth Avenue, NEW YORK NY, 10011. The official website for the company is www.yext.com. The company can be reached via phone at (212) 994-3900 or via email at ir@yext.com.