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Posted by
Two Blokes Jul 2 -
Filed in
Stock
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5 views
I am upgrading Yext to a neutral rating due to stabilizing recurring revenue and improved profitability outlook, despite ongoing risks. Yext Scout, the new AI product, shows early traction with a waitlist of over 1,000 customers, offering potential for future growth. The valuation is attractive at 8.7x adjusted EBITDA, but risks include tough competition and historically weak customer retention rates.
