Yext (NYSE:YEXT) Given New $7.00 Price Target at B. Riley Financial

Yext (NYSE:YEXT) had its price target hoisted by equities researchers at B. Riley Financial from $5.00 to $7.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. B. Riley Financial’s price target indicates a potential upside of 1.38% from the company’s previous close.

YEXT has been the topic of several other reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Yext in a research report on Monday. Zacks Research downgraded Yext from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Finally, B Riley reiterated a “neutral” rating on shares of Yext in a report on Wednesday. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $6.33.

Yext Stock Up 5.7%

NYSE:YEXT traded up $0.38 during trading hours on Wednesday, reaching $6.91. 582,665 shares of the stock were exchanged, compared to its average volume of 2,043,831. The stock has a market cap of $692.21 million, a PE ratio of 98.16 and a beta of 1.13. Yext has a twelve month low of $3.27 and a twelve month high of $9.19. The firm has a 50 day moving average of $5.55 and a 200 day moving average of $4.76. The company has a debt-to-equity ratio of 6.03, a current ratio of 0.79 and a quick ratio of 0.79.

Yext (NYSE:YEXT) last announced its earnings results on Tuesday, September 1st. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. The business had revenue of $111.10 million during the quarter, compared to analysts’ expectations of $111.30 million. Yext had a net margin of 8.93% and a return on equity of 43.47%. The firm’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 earnings per share. On average, equities analysts expect that Yext will post 0.41 earnings per share for the current year.

Insider Activity at Yext

In other Yext news, Director Daniel J. Englander bought 76,190 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The shares were acquired at an average cost of $5.22 per share, with a total value of $397,711.80. Following the acquisition, the director owned 141,190 shares of the company’s stock, valued at $737,011.80. The trade was a 117.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Seth H. Waugh purchased 133,000 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was acquired at an average price of $3.75 per share, for a total transaction of $498,750.00. Following the purchase, the director owned 319,411 shares in the company, valued at $1,197,791.25. This trade represents a 71.35% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 7.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Yext

Several institutional investors and hedge funds have recently modified their holdings of the stock. Haven Private LLC raised its position in shares of Yext by 3.3% in the fourth quarter. Haven Private LLC now owns 59,248 shares of the company’s stock valued at $478,000 after purchasing an additional 1,886 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Yext by 6.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 31,232 shares of the company’s stock worth $266,000 after buying an additional 2,016 shares during the period. Clearstead Advisors LLC boosted its holdings in shares of Yext by 147.1% during the 4th quarter. Clearstead Advisors LLC now owns 4,677 shares of the company’s stock worth $38,000 after buying an additional 2,784 shares during the period. Creative Planning grew its stake in Yext by 29.5% in the 3rd quarter. Creative Planning now owns 16,651 shares of the company’s stock valued at $142,000 after buying an additional 3,789 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in Yext by 2.9% in the 2nd quarter. Rhumbline Advisers now owns 160,040 shares of the company’s stock valued at $1,360,000 after buying an additional 4,444 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Yext News Roundup

Here are the key news stories impacting Yext this week:

• Positive Sentiment: Yext reported fiscal second-quarter adjusted earnings of $0.21 per share, exceeding the $0.17 analyst consensus and improving from $0.13 a year earlier. Adjusted EBITDA was $34.0 million, representing a 31% margin. Yext Q2 Earnings Beat Estimates
• Positive Sentiment: Management highlighted its AI-focused product strategy, including expanded agentic capabilities, the completed GoShine acquisition and a working prototype of Corvo AI. These initiatives could improve Yext’s positioning as businesses seek greater visibility in AI-generated search results. Yext Expands Agentic Capabilities
• Neutral Sentiment: Annual recurring revenue was $440.8 million, down from $444.4 million a year earlier, while dollar-based net retention was 96%. The figures indicate a relatively stable recurring-revenue base but limited customer expansion. Yext Reports Second-Quarter Results
• Negative Sentiment: Revenue was $111.1 million, slightly below the $111.3 million consensus and down 1.8% year over year. GAAP net income also fell to $13.1 million from $26.8 million, reinforcing concerns that Yext’s product improvements have stabilized profitability without yet restoring top-line growth. Yext Product Evolution and Sales Recovery Analysis
• Negative Sentiment: The earnings beat was therefore overshadowed by declining sales, a lack of ARR growth and uncertainty about when AI investments will translate into stronger bookings. Those concerns appear to be driving a more cautious investor reaction despite the better-than-expected per-share earnings. Yext Q2 Sales Decline

About Yext

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.