Powerpack

Unlock full stockrow access for only $9.90/month and boost yourself as an investor.

  • Full quarterly history

    Every quarter and TTM period we hold, not just the last 12.

  • Analyst estimates

    Three years of forward estimates and dividend forecasts.

  • Unlimited screener

    All results, unlimited saved screens, email when a screen changes.

  • Unlimited Excel

    Full workbooks and screener exports.

  • Unlimited follows

See Powerpack
Screener Weekly Summary Pricing

Yext YEXT

Technology  —  Software Infrastructure
6.47 0.00 0.00% as of 25 Sep
Market cap
$640.4M
P/E
28.1×
Cash Flow Champion (3y) Revenue Champion (10y) Insider Buys (last 12m)
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Yext (YEXT) Business Profile

Updated before January 2025

Company Overview

Yext, Inc. (NYSE: YEXT) is a technology company headquartered in New York City, founded in 2006 by Howard Lerman, Brian Distelburger, and Brent Metz. The company initially focused on local advertising and marketing solutions but has since evolved into a leader in digital knowledge management. Yext’s mission is to help businesses deliver accurate, actionable, and engaging information across digital platforms. The company went public in April 2017 and has since expanded its global footprint, serving clients across various industries, including retail, healthcare, financial services, and hospitality.

Key leadership at Yext includes Michael Walrath, who serves as Chairman of the Board, and Michael Rudolph, the current CEO. The leadership team has been instrumental in driving innovation and expanding Yext’s product offerings to meet the evolving needs of businesses in the digital age.

Core Business Segments

Yext operates primarily in the digital knowledge management space, offering a suite of products and services designed to help businesses manage their online presence and customer interactions. The company’s core business segments include:

1. Yext Answers

Yext Answers is an AI-powered search platform that enables businesses to provide direct answers to customer queries on their websites. By leveraging natural language processing (NLP) and machine learning, Yext Answers helps businesses improve customer experience, reduce support costs, and drive conversions.

2. Listings Management

Yext’s Listings Management platform allows businesses to manage their online presence across a network of over 200 digital services, including Google, Apple Maps, Facebook, and Yelp. This ensures that customers can find accurate and up-to-date information about businesses, such as location, hours of operation, and contact details.

3. Reviews Management

The Reviews Management platform enables businesses to monitor, respond to, and generate customer reviews across multiple platforms. This helps businesses build trust, improve their online reputation, and gain valuable insights into customer sentiment.

4. Knowledge Graph

The Yext Knowledge Graph is a centralized database that stores and organizes a business’s digital information. It serves as the foundation for all Yext products, ensuring consistency and accuracy across digital touchpoints.

5. Analytics and Insights

Yext provides robust analytics and reporting tools that help businesses measure the performance of their digital knowledge management efforts. These insights enable businesses to make data-driven decisions and optimize their strategies.

Business Model

Yext operates on a subscription-based business model, generating revenue through recurring fees for its software-as-a-service (SaaS) offerings. The company offers tiered pricing plans based on the size and needs of its clients, ranging from small businesses to large enterprises. Yext’s business model emphasizes:

  • Integration: Seamless integration of its products and services to provide a unified solution for digital knowledge management.
  • Scalability: Flexible solutions that cater to businesses of all sizes and industries.
  • Customer Success: Dedicated support and resources to help clients achieve their goals.

Strategic Direction

Yext is focused on expanding its product offerings and entering new markets to drive growth. Key strategic initiatives include:

  • AI and Machine Learning: Continued investment in AI and machine learning technologies to enhance its products, such as Yext Answers and Analytics.
  • Global Expansion: Increasing its presence in international markets, particularly in Europe and Asia-Pacific.
  • Vertical-Specific Solutions: Developing tailored solutions for industries such as healthcare, financial services, and retail.
  • Sustainability Goals: Implementing environmentally friendly practices and promoting sustainability within its operations.

Competitive Landscape

Yext operates in a competitive market, facing challenges from both established players and emerging startups. Key competitors include:

  • Google My Business: A free tool from Google that allows businesses to manage their online presence.
  • Moz Local: A platform for managing local business listings and improving search engine visibility.
  • BrightLocal: A provider of local SEO tools and services.
  • Reputation.com: A platform for managing online reviews and customer feedback.
  • Uberall: A location marketing platform that helps businesses manage their online presence.

Despite the competition, Yext differentiates itself through its comprehensive suite of products, AI-driven solutions, and focus on customer success.

Risk Factors

Yext faces several risks that could impact its business, including:

  • Market Dependence: Reliance on digital knowledge management as its primary revenue source.
  • Economic Conditions: Economic downturns or reduced business spending could affect demand for Yext’s services.
  • Technological Disruptions: Rapid changes in technology and customer preferences may require continuous innovation.
  • Competition: Intense competition from both established players and new entrants.
  • Data Privacy and Security: Ensuring compliance with data protection regulations and safeguarding customer information.

Recent Developments

Yext has recently introduced several innovations and strategies to strengthen its market position:

  • Enhanced AI Capabilities: The company has upgraded its AI-powered search platform, Yext Answers, to provide more accurate and context-aware responses.
  • Partnerships: Yext has formed strategic partnerships with major platforms like Google and Amazon to expand its reach and capabilities.
  • New Product Launches: The introduction of industry-specific solutions, such as Yext for Healthcare, to address unique business needs.
  • Remote Work Adaptations: Adjusting its operations and offerings to support businesses during the COVID-19 pandemic.

Investment Considerations

Investors considering Yext should weigh the following factors:

Strengths

  • Market Leadership: Strong position in the digital knowledge management space.
  • Recurring Revenue: Subscription-based model provides predictable revenue streams.
  • Innovation: Commitment to AI and machine learning ensures a competitive edge.
  • Global Reach: Expanding presence in international markets.

Risks

  • Competition: Intense competition could impact market share and pricing.
  • Economic Sensitivity: Dependence on business spending makes Yext vulnerable to economic downturns.
  • Regulatory Challenges: Compliance with data privacy laws and regulations.

Conclusion

Yext is a leading player in the digital knowledge management industry, offering innovative solutions that help businesses manage their online presence and customer interactions. With a strong focus on AI and machine learning, Yext is well-positioned to capitalize on the growing demand for digital transformation. However, the company must navigate challenges such as competition and economic uncertainty to sustain its growth trajectory. Overall, Yext’s commitment to innovation and customer success makes it a compelling choice for businesses and investors alike.