B. Riley Has Pessimistic Outlook of Yext Q2 Earnings

Yext, Inc. (NYSE:YEXTFree Report) – B. Riley lowered their Q2 2026 earnings estimates for Yext in a report issued on Thursday, March 6th. B. Riley analyst N. Khan now forecasts that the company will post earnings of $0.02 per share for the quarter, down from their previous estimate of $0.05. The consensus estimate for Yext’s current full-year earnings is ($0.12) per share.

Yext (NYSE:YEXTGet Free Report) last released its quarterly earnings results on Wednesday, March 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.20). The business had revenue of $113.09 million for the quarter, compared to analysts’ expectations of $112.77 million. Yext had a negative net margin of 4.64% and a negative return on equity of 11.10%.

A number of other equities research analysts also recently issued reports on YEXT. Roth Mkm reaffirmed a “buy” rating and set a $9.50 price target (down previously from $10.50) on shares of Yext in a research note on Wednesday, February 26th. DA Davidson upped their price target on shares of Yext from $5.75 to $7.50 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 price target on shares of Yext in a research note on Thursday.

View Our Latest Research Report on YEXT

Yext Stock Down 0.9 %

Yext stock opened at $6.24 on Friday. The company has a market cap of $795.72 million, a price-to-earnings ratio of -41.57 and a beta of 1.34. The firm’s fifty day moving average is $6.52 and its 200 day moving average is $6.73. Yext has a 52-week low of $4.29 and a 52-week high of $8.75.

Institutional Investors Weigh In On Yext

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Yext by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 15,865,674 shares of the company’s stock valued at $100,906,000 after acquiring an additional 204,329 shares during the period. Potrero Capital Research LLC raised its stake in shares of Yext by 36.0% in the third quarter. Potrero Capital Research LLC now owns 3,404,537 shares of the company’s stock valued at $23,559,000 after acquiring an additional 900,975 shares during the period. Tenzing Global Management LLC raised its stake in shares of Yext by 20.8% in the fourth quarter. Tenzing Global Management LLC now owns 2,537,500 shares of the company’s stock valued at $16,138,000 after acquiring an additional 437,500 shares during the period. Geode Capital Management LLC raised its stake in shares of Yext by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 2,412,319 shares of the company’s stock valued at $15,347,000 after acquiring an additional 27,452 shares during the period. Finally, Pathstone Holdings LLC purchased a new stake in shares of Yext in the fourth quarter valued at $13,026,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Yext Company Profile

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Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.

See Also

Earnings History and Estimates for Yext (NYSE:YEXT)

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