Yext's (YEXT) past 12 months' price performance of -33% has underperformed S&P 500's 1.6%. This underperformance was mainly due to the general market turmoil, which impacted some money-losing companies more than the general market. Yext has seen steady sales growth and likely has a long runway for growth. Despite relative valuation pointing to a slightly expensive stock price, its fundamentals appear to be better than its peers.(Source: Seeking Alpha Data)
Product innovation has powered Yext's growth
The company has achieved strong revenue growth in recent years. Revenue has grown from $60M in 2015