Yelp (YELP) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Yelp in the last year. There are currently 3 sell ratings, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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.
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9 analysts have issued 1-year price objectives for Yelp's stock. Their YELP share price forecasts range from $23.00 to $54.00. On average, they predict the company's stock price to reach $39.56 in the next year. This suggests that the stock has a possible downside of 4.9%.
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Yelp's stock was trading at $27.34 at the start of the year. Since then, YELP shares have increased by 52.1% and is now trading at $41.59.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our YELP earnings forecast.

Yelp Inc. (NYSE:YELP) released its quarterly earnings data on Thursday, August, 3rd. The local business review company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.06. The local business review company earned $337.13 million during the quarter, compared to analyst estimates of $325.96 million. Yelp had a net margin of 3.38% and a trailing twelve-month return on equity of 6.46%.

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 Next Gen Media and Gaming ETF (PBS), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Global X Social Media Index ETF (SOCL), Pacer US Small Cap Cash Cows 100 ETF (CALF), Vident Core U.S. Equity Fund (VUSE) and Franklin U.S. Small Cap Multifactor Index ETF (FLQS).

Yelp updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $337.00 million-$342.00 million, compared to the consensus revenue estimate of $333.73 million.

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."

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 $41.59.

Yelp (NYSE:YELP) has a market capitalization of $2.86 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 $0.60 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.