DA Davidson Maintains a Neutral Rating on Yext, Inc. (YEXT)

Yext, Inc. (NYSE:YEXT) is one of the Best Stocks Under $10 to Buy and Hold Forever. On March 11, DA Davidson reiterated a Neutral rating on Yext, Inc. (NYSE:YEXT) with a price target of $6. The rating follows Yext’s fiscal Q4 2026 earnings released on March 9.

​During the quarter, the company reported 0.69% year-over-year decline in revenue to $112.01 million, which fell short of the consensus by $1.92 million. The EPS of $0.14 stayed in-line with the consensus. Moreover, the total annual recurring revenue came in at $444 million, remaining flat quarter-over-quarter. The ARR was close to full-year revenue of $446.6 million, signaling that the company’s business is almost fully subscription‑based and predictable, with little one‑time or project‑based revenue.

​Management highlighted shifting from Direct and Third-Party categories to tracking customers above and below $50,000 in ARR. The firm believes that this better represents the company’s enterprise vs mid-market focus. Moreover, management is also dropping forward financial guidance and suspending quarterly earnings calls, instead leaning on quarterly shareholder letters and periodic Investor Days to emphasize multi‑year product cycles and long‑term strategy over quarterly beats and misses.

​Yext, Inc. (NYSE:YEXT) operates a digital‑presence platform that helps multi‑location brands manage and distribute consistent business information across search engines, maps, apps, and AI assistants.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.