Yext faces lowered earnings forecasts but gets a "buy" rating with increased price targets.
Analysts at B. Riley and Roth Capital have lowered their earnings forecasts for Yext, now predicting a loss for FY2025. Despite the lowered forecasts, Yext received a "buy" rating from Needham & Company LLC and Roth Mkm, with price targets increased to $10.00 and $10.50 respectively. Yext operates a cloud-based platform to help businesses answer consumer questions, with institutional investors owning 70.98% of the company's stock.
4 months ago
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