Yext (NYSE:YEXT – Free Report) had its price objective reduced by B. Riley Financial from $10.00 to $8.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.
Several other equities analysts have also recently issued reports on YEXT. Wall Street Zen upgraded Yext from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. DA Davidson lowered their target price on Yext from $8.25 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Finally, Weiss Ratings cut Yext from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $7.50.
View Our Latest Stock Report on Yext
Yext Stock Down 3.7%
Yext (NYSE:YEXT – Get Free Report) last posted its quarterly earnings data on Monday, March 9th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Yext had a net margin of 8.48% and a return on equity of 29.61%. The company had revenue of $112.00 million for the quarter, compared to analyst estimates of $114.21 million. During the same period in the previous year, the business posted $0.13 earnings per share. Yext’s quarterly revenue was down 1.0% on a year-over-year basis. Sell-side analysts predict that Yext will post -0.12 EPS for the current year.
Hedge Funds Weigh In On Yext
A number of large investors have recently modified their holdings of YEXT. Hillsdale Investment Management Inc. lifted its holdings in Yext by 33.8% in the third quarter. Hillsdale Investment Management Inc. now owns 791,130 shares of the company’s stock valued at $6,740,000 after acquiring an additional 199,730 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Yext during the 2nd quarter worth $1,413,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Yext by 57.6% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,629,919 shares of the company’s stock worth $13,854,000 after purchasing an additional 595,819 shares during the period. Alberta Investment Management Corp purchased a new position in shares of Yext in the 3rd quarter valued at about $852,000. Finally, Magnetar Financial LLC purchased a new position in shares of Yext in the 2nd quarter valued at about $426,000. 70.98% of the stock is owned by hedge funds and other institutional investors.
Yext News Summary
Here are the key news stories impacting Yext this week:
- Neutral Sentiment: DA Davidson reaffirmed a neutral rating and set a $6.00 price target (about mid-single-digit upside from current levels), signaling cautious stance rather than outright bearish action. Read More.
- Neutral Sentiment: Benzinga’s Q4 assessment notes mixed fundamentals — a modest EPS beat but revenue below expectations and modest year-over-year decline — which supports the cautious analyst tone but is not a clear-cut positive. Read More.
- Negative Sentiment: Roth Capital/MKM downgraded Yext from Buy to Neutral and cut its price target from $9.50 to $6.00, reducing upside expectations and signaling lower conviction in near-term growth. Read More.
- Negative Sentiment: B. Riley published a pessimistic forecast for Yext’s stock, adding to downward pressure from the sell-side and increasing the risk that more conservative estimates feed through to price targets. Read More.
- Negative Sentiment: TipRanks flagged new disclosure risk around Yext’s acquisitions — integration challenges and uncertain revenue realization — which could materially reduce expected deal value and create execution risk for future growth. Read More.
- Negative Sentiment: Independent commentary (Seeking Alpha) argues that with a buyout scenario off the table and declining fundamentals, Yext looks risky — a narrative that can accelerate selling among momentum and value-rotation investors. Read More.
Yext Company Profile
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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