Yelp (YELP) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Yelp in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" YELP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in YELP, but not buy additional shares or sell existing shares.
View YELP analyst ratings or view top-rated stocks.

7 brokerages have issued 12-month price objectives for Yelp's stock. Their YELP share price forecasts range from $23.00 to $45.00. On average, they expect the company's stock price to reach $34.63 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for YELP or view top-rated stocks among Wall Street analysts.

Yelp's stock was trading at $27.34 on January 1st, 2023. Since then, YELP shares have increased by 24.0% and is now trading at $33.90.
View the best growth stocks for 2023 here.

Yelp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,170,000 shares, an increase of 21.0% from the April 30th total of 2,620,000 shares. Based on an average trading volume of 627,100 shares, the days-to-cover ratio is currently 5.1 days. Approximately 5.0% of the company's shares are short sold.
View Yelp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our YELP earnings forecast.

Yelp Inc. (NYSE:YELP) issued its quarterly earnings data on Thursday, February, 9th. The local business review company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.03. The local business review company had revenue of $309.10 million for the quarter, compared to the consensus estimate of $306.34 million. Yelp had a net margin of 2.94% and a trailing twelve-month return on equity of 5.49%. The business's quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 EPS.

ETFs with the largest weight of Yelp (NYSE:YELP) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), SPDR S&P Internet ETF (XWEB), Invesco Dynamic Media ETF (PBS), Direxion Moonshot Innovators ETF (MOON), Global X Social Media Index ETF (SOCL), Pacer US Small Cap Cash Cows 100 ETF (CALF), Syntax Stratified SmallCap ETF (SSLY) and Vident Core U.S. Equity Fund (VUSE).

Yelp updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.29 billion-$1.31 billion, compared to the consensus revenue estimate of $1.30 billion.

1,557 employees have rated Yelp Chief Executive Officer Jeremy Stoppelman on Glassdoor.com. Jeremy Stoppelman has an approval rating of 77% among the company's employees. 56.0% of employees surveyed would recommend working at Yelp to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Yelp investors own include Netflix (NFLX), Twitter (TWTR), Puma Biotechnology (PBYI), Tesla (TSLA), Bank of America (BAC), First Solar (FSLR), NVIDIA (NVDA), Alphabet (GOOG), BioMarin Pharmaceutical (BMRN) and Incyte (INCY).

Yelp trades on the New York Stock Exchange (NYSE) under the ticker symbol "YELP."

Yelp's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.61%), State Street Corp (3.68%), Dimensional Fund Advisors LP (2.97%), River Road Asset Management LLC (2.89%), Macquarie Group Ltd. (2.73%) and Acadian Asset Management LLC (2.54%). Insiders that own company stock include Carmen Orr, Carolyn Patterson, David A Schwarzbach, Jeremy Stoppelman, Joseph R Nachman, Laurence Wilson, Miriam Warren, Sam Eaton and Vivek Patel.
View institutional ownership trends.

Shares of YELP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of YELP stock can currently be purchased for approximately $33.90.

Yelp (NYSE:YELP) has a market capitalization of $2.33 billion and generates $1.19 billion in revenue each year. The local business review company earns $36.35 million in net income (profit) each year or $0.50 on an earnings per share basis.

The company employs 4,900 workers across the globe.

Yelp's mailing address is 140 NEW MONTGOMERY STREET 9TH FLOOR, SAN FRANCISCO CA, 94105. The official website for the company is www.yelp.com. The local business review company can be reached via phone at (415) 908-3801, via email at ir@yelp.com, or via fax at 415-908-3833.