Surging Earnings Estimates Signal Upside for Yext (YEXT) Stock

Core Viewpoint - Yext (YEXT) shows a significantly improving earnings outlook, making it a solid choice for investors as analysts continue to raise earnings estimates for the company [1][2]. Estimate Revisions - The rising trend in estimate revisions reflects growing analyst optimism regarding Yext's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, Yext is projected to earn $0.12 per share, representing a +140% change from the previous year's reported number, with the Zacks Consensus Estimate increasing by 150% over the last 30 days [5]. - For the full year, Yext is expected to earn $0.48 per share, indicating a +37.14% change from the prior year, with the consensus estimate rising by 63.64% due to one upward revision and one downward revision [6][7]. Zacks Rank - Yext has achieved a Zacks Rank 2 (Buy) due to favorable estimate revisions, which is a reliable rating tool that helps investors leverage earnings estimate revisions for informed investment decisions [8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500, indicating a positive outlook for Yext [8]. Stock Performance - Yext's stock has increased by 30.8% over the past four weeks, driven by strong estimate revisions, suggesting that there may still be further upside potential [9].