Wall Street Zen Upgrades Yalla Group (NYSE:YALA) to Buy

Key Points

• Yalla Group's rating has been upgraded from "hold" to "buy" by Wall Street Zen, indicating increased confidence in the stock's performance.
• The company reported earnings of $0.20 per share for the last quarter, with revenue totaling $84.56 million and a net margin of 42.02%.
• Several institutional investors, including Bank of America and BNP Paribas, have significantly increased their holdings in Yalla Group in the recent quarter.

Wall Street Zen upgraded shares of Yalla Group (NYSE:YALA - Free Report) from a hold rating to a buy rating in a report released on Sunday.

Yalla Group Trading Up 0.1%

YALA stock traded up $0.01 during mid-day trading on Friday, hitting $7.82. 354,246 shares of the company were exchanged, compared to its average volume of 878,744. Yalla Group has a twelve month low of $3.83 and a twelve month high of $9.29. The firm has a fifty day simple moving average of $7.62 and a 200 day simple moving average of $6.52. The company has a market capitalization of $1.24 billion, a PE ratio of 9.78 and a beta of 0.80.

Yalla Group (NYSE:YALA - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.20 earnings per share for the quarter. Yalla Group had a net margin of 42.02% and a return on equity of 20.64%. The business had revenue of $84.56 million during the quarter. Yalla Group has set its Q3 2025 guidance at EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in shares of Yalla Group by 73.7% in the second quarter. EverSource Wealth Advisors LLC now owns 6,481 shares of the company's stock valued at $44,000 after acquiring an additional 2,749 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Yalla Group in the 1st quarter valued at approximately $61,000. Retireful LLC acquired a new position in Yalla Group in the 2nd quarter valued at approximately $75,000. Cubist Systematic Strategies LLC acquired a new position in Yalla Group in the 4th quarter valued at approximately $99,000. Finally, Public Employees Retirement System of Ohio increased its stake in Yalla Group by 123.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 26,173 shares of the company's stock valued at $106,000 after buying an additional 14,483 shares during the period. Institutional investors own 4.73% of the company's stock.

Yalla Group Company Profile

Yalla Group Limited operates a social networking and gaming platform primarily in the Middle East and North Africa region. It provides mobile applications, including Yalla, a voice-centric group chat platform; and Yalla Ludo, a casual gaming application. The company's platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services.