Yalla Group (NYSE:YALA) Rating Increased to Buy at Wall Street Zen

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.

Yalla Group (NYSE:YALA - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Sunday.

Yalla Group Price Performance

Shares of NYSE YALA opened at $7.7950 on Friday. The stock has a market capitalization of $1.23 billion, a PE ratio of 9.74 and a beta of 0.80. The business has a fifty day moving average price of $7.47 and a two-hundred day moving average price of $6.41. Yalla Group has a fifty-two week low of $3.83 and a fifty-two week high of $9.29.

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. The firm had revenue of $84.56 million during the quarter. Yalla Group had a return on equity of 20.64% and a net margin of 42.02%. Yalla Group has set its Q3 2025 guidance at EPS.

Hedge Funds Weigh In On Yalla Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Nomura Holdings Inc. bought a new position in shares of Yalla Group in the 2nd quarter valued at $236,000. BNP Paribas Financial Markets increased its stake in shares of Yalla Group by 34.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 630,147 shares of the company's stock valued at $4,247,000 after purchasing an additional 160,815 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Yalla Group by 3,267.8% in the 2nd quarter. Bank of America Corp DE now owns 159,802 shares of the company's stock valued at $1,077,000 after purchasing an additional 155,057 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Yalla Group in the 2nd quarter valued at $2,424,000. Finally, Qube Research & Technologies Ltd increased its stake in shares of Yalla Group by 92.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 153,416 shares of the company's stock valued at $1,034,000 after purchasing an additional 73,777 shares during the last quarter. Institutional investors own 4.73% of the company's stock.

About Yalla Group

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.

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