Yext, Inc. (YEXT) Launches New Search Initiative, Yext Research

With a share price under $10, strong hedge fund interest, and a low price-to-earnings ratio, Yext, Inc. (NYSE:YEXT) makes it onto our list of the 11 Most Undervalued Cloud Stocks Under $10 According to Hedge Funds.

Yext, Inc. (YEXT) Launches New Search Initiative, Yext Research

A data centre room with cloud technology, illustrating the enterprise application software services.

On June 13, 2025, Yext, Inc. (NYSE:YEXT) announced the launch of Yext Research, which is a new initiative that provides deeper insights to marketers and SEO professionals into how brands are discovered in today’s complex search landscape. Leveraging over 2 billion data points, the new search initiative fills the gap in industry benchmarks and performance signals. Furthermore, the program also introduces Yext Research Partners, a collaborative model that invites experts to publish independent, data-driven insights.

This comes ahead of Yext, Inc. (NYSE:YEXT)’s solid performance for Q1 FY25, which ended on April 30, 2025. The earnings result, which was released on June 3, 2025, was marked by a 14% YoY increase in revenue that reached $109.5 million. Strong demand across the company’s platform contributed to the sales growth. Meanwhile, a record $24.7 million adjusted EBITDA was achieved, reflecting a 23% margin. A favorable currency impact and the acquisition of Hearsay Systems contributed to the company’s performance, boosting its Annual Recurring Revenue (ARR) by 15% YoY.

Yext, Inc. (NYSE:YEXT) keeps an optimistic future outlook with plans to scale up its innovative product, Yext Scout. The product, in beta, is gaining significant traction, boasting over 1,000 sign-ups and a strong response from enterprise customers.

With the Yext platform, a cloud-based solution, Yext, Inc. (NYSE:YEXT) specializes in digital knowledge management and search solutions. It is included in our list of the best cloud stocks.

While we acknowledge the potential of YEXT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than YEXT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.