Yext: Ride The Profits Shift
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »
Update - June 7, 2023
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.
Read the full article on Seeking Alpha.
Disclosure: Long YEXT. Please review the disclaimer page for more details.