FMP
YEXT’s Price Target Cut After Q1 Miss
Jun 11, 2024 5:10 PM - Davit Kirakosyan
Image credit: FMP
DA Davidson analysts reduced their price target for YEXT (NYSE:YEXT) from $7.25 to $5.50, maintaining a Neutral rating, following the company's fiscal Q1/25 earnings report, which met expectations but included a lowered full-year revenue outlook. The company’s stock is currently down 5% intra-day.
YEXT announced the acquisition of Hearsay Systems but also revised its revenue forecast downward. As a result, DA Davidson lowered the 2025 revenue outlook by 1%, reducing the estimate from $400.2 million to $395.5 million.
However, the adjusted EBITDA estimate has been raised from $60.9 million to $66.2 million due to recent cost-cutting measures announced by YEXT. These cost reductions are expected to improve the company's profitability despite the revenue decline.
Other Blogs
Oct 31, 2023 8:03 AM - Parth Sanghvi
FCFF vs FCFE: What's the Difference?
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...
