Brand visibility platform Yext may be acquired by its CEO and chairman of the board, Michael Walrath, if the company's board of directors accepts the proposal.
Yext's CEO Michael Walrath has proposed taking the search optimization company private in a deal valued at about $1.1 billion, it said on Monday, sending shares up 9% in early trading.
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT), the leading brand visibility platform, today announced that Michael Walrath, its Chief Executive Officer and Chairman of the Board of Directors, has submitted a proposal to acquire all outstanding shares of the Company not already owned by him at a price of $9.00 per share in cash. Mr. Walrath has indicated that the proposal is backed by reput...
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT), the leading brand visibility platform, today released The Rise of AI Search Archetypes report, a global study of how consumers are adopting — and trusting — AI tools to discover, evaluate, and choose brands. As AI becomes embedded in everyday search behavior, the report outlines key shifts redefining brand visibility across platforms. Key Tren...
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...
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT), the leading brand visibility platform, today announced the launch of Yext Research. The new initiative is designed to give marketers and SEO professionals access to the signals, benchmarks, and trends that define how brands are being discovered and trusted in today's new search era. Today, brand discovery happens across AI answers, local listi...
Yext, Inc. remains unprofitable with muted revenue growth, despite cost-cutting and some margin expansion over the past two years. The upcoming Yext Scout product is the main hope for reigniting growth, but its current beta features seem underwhelming and its impact is uncertain. Financials show stable gross margins and improved retention, but growth remains sluggish and valuation appears fair,...
Yext, Inc. (NYSE:YEXT ) Q1 2026 Earnings Conference Call June 3, 2025 5:00 PM ET Company Participants Darryl Bond - CFO & Principal Financial Officer Michael Walrath - CEO & Chairman of the Board Nils L. Erdmann - Senior Vice President of Investor Relations Conference Call Participants Naved Ahmad Khan - B.
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