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Yext: Ride The Profits Shift

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  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 

Update - June 7, 2023

Yext is now turning the corner with some revenue growth. FQ2 at $102M would be a record level (finally)

-Q1 Non-GAAP EPS of $0.08 beats by $0.03.
-Revenue of $99.45M (+0.7% Y/Y) beats by $0.9M.
-Customer Count Increased 5% Year-over-Year to Over 2,970
-Cash and Cash Equivalents of $217 Million.

-Q2 Outlook: Revenue is projected to be in the range of $101.5 to $102.5 million;

Original article posted on March 8 

  • Yext, Inc. reported a mixed quarter with higher profits, but the company has limited revenue growth now.
  • The data knowledge company has shifted the business to profit growth, constraining revenue growth in the near term.
  • YEXT stock is cheap at 2x EV/S targets, even after doubling off the '22 lows. 

The excitement over generative AI chat sent Yext, Inc. (NYSE:YEXT) to recent yearly highs. The data knowledge company focused on Answers helps corporations answer consumer questions via AI technology and has started due to the use of

Read the full article on Seeking Alpha. 

Disclosure: Long YEXT. Please review the disclaimer page for more details. 


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