yext stock: company, market and investor guide

This guide explains yext stock (NYSE: YEXT): what the company does, key market data, recent corporate events that moved the share price, financial trends, ownership, risks, and where to follow offi...

2024-07-07 02:19:00

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Yext (YEXT)

As of June 1, 2024, according to Yahoo Finance and company filings, yext stock (NYSE: YEXT) is the publicly traded common stock of Yext, Inc., a New York–based software company focused on helping organizations manage their digital knowledge and search experiences. This article explains yext stock in detail: the company's business model and products, market data and trading characteristics, historical performance, recent corporate events that materially affected the share price, financial results and metrics, analyst coverage, ownership, corporate actions, regulatory matters, trading microstructure, key risks, and a concise timeline of notable events.

This guide is written to be beginner-friendly and factual. It does not offer investment advice. Readers seeking to trade yext stock can also explore Bitget for trading services and the Bitget Wallet for custody options.

Company overview

Yext, Inc. operates a Digital Knowledge and Search platform that helps organizations manage and present authoritative information about their businesses across search engines, maps, apps, and AI-driven interfaces. Core product pillars include Listings (managing business listings across directories), Pages (web presence and location pages), Reviews (collection and response workflows), and AI/search products that enable site search and conversational experiences.

The company was founded in 2006 and is headquartered in New York City. Yext serves clients across multiple industries including retail, healthcare, financial services, hospitality, and local businesses that rely on accurate public-facing information and discovery. The platform is typically sold via a subscription model (ARR-driven), often combining software licenses, managed services, and professional services for onboarding and integration.

Stock summary

Ticker and exchange

Ticker: YEXT
Primary exchange: New York Stock Exchange (NYSE)
Trading currency: U.S. dollars (USD)

Basic market data

As of June 1, 2024, according to Yahoo Finance and MarketWatch, yext stock trades on the NYSE under the symbol YEXT. Market capitalization, shares outstanding, and float fluctuate with the market; at that time market-cap estimates placed Yext in the small-cap segment. Typical daily trading volume is sufficient for retail and institutional activity but can vary materially around news events and earnings.

(As market figures change daily, consult company filings and market-data pages for precise, up-to-date numbers.)

Price range and volatility

52-week high / low: Financial portals report a 52-week trading range that illustrates Yext’s volatility compared with broad indices. As of the date cited above, the 52-week range noted by major data providers showed meaningful swings consistent with growth-software peers.
Beta/volatility: Yext’s beta versus the S&P 500 has typically reflected above-market volatility associated with software and tech names. Intraday liquidity is generally reasonable but can widen during earnings, strategic announcements, or takeover-related news.

Historical stock performance

Yext went public and has experienced mixed long-term performance. Over 1-year and multi-year horizons, yext stock has seen periods of appreciation tied to product updates (notably AI/search rollouts) and sell-offs tied to disappointing guidance, competitive pressure, or broader tech-sector rotations. Major rallies have often correlated with stronger-than-expected subscription metrics or positive strategic news; notable sell-offs have coincided with earnings misses or concerns around ARR growth and churn.

Investors tracking yext stock should view its long-term trend in the context of recurring-revenue growth, margin improvements, and market adoption of AI-driven search—each of which has driven multi-year moves.

Recent corporate events affecting the stock

Below are the categories of corporate events that have materially affected yext stock in recent quarters (dates cited to sources where available):

CEO and management actions — takeover or buyout proposals: As of May 10–15, 2024, major outlets reported on a management- or founder-led non-binding acquisition proposal to take the company private. As of May 15, 2024, according to CNBC, reports of such proposals and associated negotiations produced notable share-price movement and investor attention. Such proposals can increase trading volatility as markets price in possible transaction premiums and deal uncertainty.
Financing and debt facilities: The company has previously disclosed large debt facilities and financing arrangements in filings and press releases. Announcements of committed financing or bridge facilities tied to potential M&A activity or recapitalizations can materially affect yext stock liquidity and valuation.
Earnings releases and guidance: Quarterly results and forward guidance remain primary drivers for yext stock. Beats on revenue and ARR growth or upward guidance typically support the share price; misses or weak guidance tend to pressure it. As of major earnings cycles in 2023–2024, analysts and market participants highlighted ARR trends and gross margin performance as key watch items.
Product launches and partnerships: New product rollouts—particularly around AI search capabilities and related integrations—have generated positive sentiment when tied to measurable customer wins or ARR expansion.

(As of May and June 2024, referenced coverage appeared on CNBC, Yahoo Finance, MarketWatch and Yext investor materials; verify the latest press releases and SEC filings for precise dates and terms.)

Financial results and metrics

Yext’s financial profile is characterized by subscription-based revenue with an increasing focus on Annual Recurring Revenue (ARR) as the key operating metric. High-level themes investors watch include:

Revenue and ARR trends: Yext reports revenue growth driven by new customer acquisition and expansion within existing accounts. ARR and renewal rates are central to forecasting future revenue.
Profitability: Public disclosures separate GAAP results from non-GAAP operating measures. Historically, Yext has reported non-GAAP operating improvements as the business scales; GAAP profitability may lag while investment in product and GTM persists.
Margins: Gross margins for software and SaaS offerings trend favorably as subscription mix grows, though investments in R&D and sales can compress operating margins in the near term.
Cash and debt: Cash balances, free cash flow, and outstanding debt levels (including any facility tied to corporate transactions) are critical measures for evaluating capital structure and runway. Announced debt facilities tied to strategic actions have previously influenced investor perception.

As of the latest quarterly filings referenced on Yext’s investor relations site and summarized by financial portals (see Investor Relations and Yahoo Finance), these metrics should be checked in the company’s Form 10-Q/10-K and earnings releases for precise, current values.

Valuation and analyst coverage

Analysts covering yext stock typically publish consensus ratings, price targets, and forward multiples such as forward P/E and price/sales ratios. Coverage has varied, with some analysts focusing on the company’s ARR trajectory, profitability improvement, and product differentiation in the AI/search space.

Upgrades, downgrades, and revised price targets from major broker-dealer research teams often move the stock in the short term. MarketWatch, Seeking Alpha, and The Motley Fool regularly summarize analyst updates; investors should consult the latest consensus and read underlying analyst notes for valuation assumptions.

Ownership and institutional investors

Institutional holders and insiders hold meaningful stakes in many small-cap software companies. For yext stock, known institutional investors and insider ownership (including founder and management stakes) matter for corporate governance and potential control outcomes—particularly where buyout proposals or founder-led transactions are reported.

As of the reporting dates in financial portals and company filings, large institutional holders typically include mutual funds, asset managers, and specialized tech-focused funds; insider stakes and any activist investor positions are disclosed in SEC filings. Where founder or CEO acquisition proposals are reported, their ownership percentages and voting power are frequently cited by news outlets and filings.

Dividends, buybacks and corporate actions

Dividends: Yext has historically not paid a dividend. The company’s capital allocation has prioritized product investment and strategic flexibility.
Share repurchases: Any share buyback programs or one-off repurchase authorizations are disclosed in filings; such announcements can influence yext stock by returning capital or offsetting dilution.
Corporate actions: Past material corporate actions to note include filings related to potential take-private proposals, any authorized share issuances tied to financing, and board-level decisions communicated in proxy statements or press releases.

Legal, regulatory and shareholder matters

Yext, like many public technology companies, is subject to the risk of shareholder litigation, regulatory review, and class action claims tied to securities or corporate disclosures. Financial portals and legal-tracking outlets have previously noted shareholder allegations or investigation notices tied to material corporate events. These matters, if present, are described in the company’s SEC filings under legal proceedings and risk-factor disclosures.

Material regulatory filings, including 8-Ks and Schedule 13D/G (for activist stakes), should be reviewed via the company’s investor-relations disclosures for authoritative details.

Trading and market microstructure

Trading venues: yext stock primarily trades on the NYSE in USD. Additional over-the-counter activity may exist but the primary market is the NYSE.
ETF inclusion: Inclusion in major ETFs can increase institutional demand and liquidity. As of the latest sources, yext stock has limited representation in broad-market ETFs but may appear in small-cap or software-focused funds depending on index composition.
Short interest and options: Short interest levels and open interest in listed options are monitored by market participants for liquidity and potential short-squeeze dynamics. Option activity around earnings or corporate events has historically created short-term volatility.

Investor relations and filings

Investors seeking official information on yext stock should consult the company’s investor relations site and SEC filings. Primary materials include:

Quarterly and annual reports (Form 10-Q and Form 10-K)
Current reports (Form 8-K) for material events
Proxy statements and ownership disclosures (Schedule 13D/G when applicable)
Earnings releases, investor presentations, and webcasts

As of June 1, 2024, the company’s IR site and SEC filings are the authoritative sources for revenue, balance-sheet metrics, ARR disclosures, and the full text of material announcements.

Risk factors

Principal risks specific to yext stock include:

Competitive landscape: Yext competes with other digital presence, search, and customer-experience vendors. Competitive pricing pressure can impact ARR growth and gross margins.
Customer concentration and churn: High customer concentration or unexpected increases in churn can materially affect revenue and ARR trends.
Execution on AI/search adoption: The company’s growth thesis often relies on adoption of AI-driven search and knowledge platforms. Failure to execute or slower-than-expected adoption can pressure growth expectations.
Macro and sector sensitivity: Yext is exposed to broader technology-sector rotations and macroeconomic conditions that impact enterprise IT budgets.
Litigation and governance risks: Shareholder litigation, takeover negotiations, or activist involvement can create uncertainty.
Financing and leverage: Any large debt facilities tied to strategic transactions create leverage and refinancing risk if market conditions deteriorate.

Investors should review the company’s risk-factor sections in SEC filings for a comprehensive list.

Timeline of notable events

2006 — Company founded (Yext foundation and early product development).
IPO (date) — Yext completed its public listing and began trading under YEXT on the NYSE.
Recent quarters (2023–2024) — Repeated focus on ARR growth, AI product rollouts, and margin improvement in quarterly disclosures.
May 2024 — Reports emerged of a management- or founder-led non-binding acquisition proposal to take the company private; major news outlets covered the potential deal and financing discussions (reported by CNBC and other financial portals). (As of May 15, 2024, according to CNBC.)
Recent earnings (2023–2024) — Key beats/misses and guidance updates that moved yext stock were summarized in post-earnings commentary from analysts and the company.

(For precise dates and full details, consult the company’s investor-relations timeline and SEC filings.)

References and external sources

As of the dates cited, primary sources for market and corporate information include:

Yext Investor Relations (official filings, investor presentations, earnings releases)
Yahoo Finance (Yext summary, market-cap, volume, historical prices)
CNBC (coverage of reported acquisition proposal and related news)
MarketWatch (price data and company news)
StockAnalysis, Seeking Alpha, The Motley Fool (analysis and analyst coverage summaries)
CNN Markets and Robinhood market pages (real-time quote pages and news aggregation)

As of June 1, 2024, according to Yahoo Finance and company filings, readers should consult the latest 10-Q/10-K and 8-K disclosures for up-to-date, verifiable figures. Please verify numbers with these authoritative sources before making any trading decisions.

Further exploration: If you want to monitor yext stock in real time or execute trades, consider using Bitget's trading platform and custodial options—check Bitget for available instruments, order types, and Bitget Wallet for secure custody. For official filings and precise financial metrics, use the company’s investor-relations site and SEC filings.

Note: This article is factual and informational only. It does not provide investment, tax, or legal advice.

As of June 1, 2024, according to Yahoo Finance, CNBC, MarketWatch and Yext investor relations materials.

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