NYSE:YELP

Yelp (YELP) Stock Forecast, Price & News

$41.80

-0.49 (-1.16%)

(As of 09/21/2023 ET)

Compare

Today's Range: $41.71
▼
$42.47
50-Day Range: $38.13
▼
$45.61
52-Week Range: $25.30
▼
$47.59

Volume: 356,587 shs
Average Volume: 537,213 shs
Market Capitalization: $2.87 billion

P/E Ratio: 69.67
Dividend Yield: N/A
Price Target: $39.56

Yelp MarketRank™ Forecast

Analyst Rating: Hold
2.11 Rating Score
Upside/Downside: 5.4% Downside
$39.56 Price Target
Short Interest: Bearish
5.37% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.60
Upright™ Environmental Score
News Sentiment: 0.52
Based on 12 Articles This Week
Insider Trading: Selling Shares
$5.28 M Sold Last Quarter
Proj. Earnings Growth: 88.24%
From $1.02 to $1.92 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Computer And Technology Sector

407th out of 593 stocks

Personal Services Industry

7th out of 13 stocks

2.1

Analyst's Opinion

Consensus Rating
Yelp has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 4 buy ratings, 2 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.56, Yelp has a forecasted downside of 5.4% from its current price of $41.80.
Amount of Analyst Coverage
Yelp has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
5.37% of the float of Yelp has been sold short.
Short Interest Ratio / Days to Cover
Yelp has a short interest ratio ("days to cover") of 5.
Change versus previous month
Short interest in Yelp has recently increased by 3.94%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Yelp does not currently pay a dividend.
Dividend Growth
Yelp does not have a long track record of dividend growth.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Yelp has received a 25.31% net impact score from Upright. Yelp seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Restaurant recommendation platforms", "Recommendation platforms for professional services", and "Travel recommendation platforms" products. See details.
Environmental Sustainability
The Environmental Impact score for Yelp is -1.60.

1.4

News and Social Media Coverage

News Sentiment
Yelp has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Yelp this week, compared to 15 articles on an average week.
MarketBeat Follows
Only 2 people have added Yelp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Yelp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,279,197.00 in company stock.
Percentage Held by Insiders
Only 7.20% of the stock of Yelp is held by insiders.
Percentage Held by Institutions
90.11% of the stock of Yelp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Yelp are expected to grow by 88.24% in the coming year, from $1.02 to $1.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Yelp is 69.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Yelp is 69.67, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.66.
Price to Book Value per Share Ratio
Yelp has a P/B Ratio of 4.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Yelp (NYSE:YELP) Stock

Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click search advertising and multi-location Ad products, as well as enables businesses to deliver targeted search advertising to local audiences; and business listing page products. The company also offers other services comprising Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife and certain other venues, which include online reservations, a waitlist management solution that allows consumers to check wait times and join waitlists remotely as well as through hostless kiosks, and seating and server rotation management tools; Yelp Knowledge program that offers business owners local analytics and insights through access to its historical data and other proprietary content; and Yelp Fusion, which offers free and paid access to content and data for consumer-facing enterprise use through publicly available APIs. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. The company was incorporated in 2004 and is headquartered in San Francisco, California.

YELP Price History

30 days | 90 days | 365 days | Advanced Chart

YELP Stock News Headlines

September 21, 2023 | msn.com

Best Irish pubs in America according to Yelp users

September 21, 2023 | news.yahoo.com

2 San Diego spots rank among top pan dulce places in US: Yelp

September 22, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

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September 20, 2023 | msn.com

Lauren Boebert’s detractors use their hands to throw shade at date’s Aspen bar on Yelp

September 20, 2023 | msn.com

Houston’s best places to study, according to Yelp, with expert tips on how to stay focused

September 20, 2023 | msn.com

Yelp has a wall of shame for businesses caught paying for fake reviews

September 17, 2023 | msn.com

The best local places to get a burger in Central Pennsylvania, Yelp shows

September 17, 2023 | americanbankingnews.com

Yelp Inc. (NYSE:YELP) Given Consensus Rating of "Hold" by Analysts

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 16, 2023 | msn.com

The #1 ice cream shop in San Luis Obispo, according to Yelp reviewers—plus, see the rest of the top 9

September 16, 2023 | msn.com

Where to go in Rochester for the best chicken wings, according to Yelp

September 14, 2023 | msn.com

The best cafe in Tulsa, according to Yelp reviewers—plus, see the runners-up

September 14, 2023 | msn.com

The best cafe in Ogden, according to Yelp reviewers—plus, see the runners-up

September 14, 2023 | yahoo.com

Best pizza in York County? Here are local restaurants with high Yelp ratings

September 14, 2023 | yahoo.com

Yelp, Washington Post say these are RI's best pizzas. Do you agree?

September 14, 2023 | msn.com

The best cafe in Carson City, according to Yelp reviewers—plus, see the runners-up

September 13, 2023 | msn.com

The best cafe in Raleigh, according to Yelp reviewers—plus, see the runners-up

September 13, 2023 | msn.com

The best cafe in Honolulu, according to Yelp reviewers—plus, see the runners-up

September 13, 2023 | msn.com

The best cafe in St. Cloud, according to Yelp reviewers—plus, see the runners-up

September 13, 2023 | forbes.com

Yelp Stock Is Up 60% So Far. What’s Next?

September 13, 2023 | msn.com

The best cafe in Flint, according to Yelp reviewers—plus, see the runners-up

September 13, 2023 | msn.com

Des Moines is home to one of the most outrageous pizzas in the country, according to Yelp

September 13, 2023 | axios.com

Philadelphia sees rise in new businesses, per Yelp data

September 13, 2023 | msn.com

The best cafe in Grand Junction, according to Yelp reviewers—plus, see the runners-up

September 13, 2023 | msn.com

The #1 ice cream shop in Yakima, according to Yelp reviewers—plus, see the rest of the top 8

September 12, 2023 | msn.com

The #1 ice cream shop in Madera, according to Yelp reviewers—plus, see the rest of the top 9

September 12, 2023 | msn.com

The #1 ice cream shop in Rome, according to Yelp reviewers—plus, see the rest of the top 30

See More Headlines

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YELP Company Calendar

Last Earnings: 8/03/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Personal services
Sub-Industry: Internet Software & Services
Sector: Computer and Technology
Current Symbol: NYSE:YELP
CUSIP: 98581710
CIK: 1345016
Web: www.yelp.com
Phone: (415) 908-3801
Fax: 415-908-3833
Employees: 4,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $39.56
High Stock Price Forecast: $54.00
Low Stock Price Forecast: $23.00
Forecasted Upside/Downside: -5.4%
Consensus Rating: Hold
Rating Score (0-4): 2.11
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.60
Trailing P/E Ratio: 69.67
Forward P/E Ratio: 40.98
P/E Growth: N/A
Net Income: $36.35 million
Net Margins: 3.38%
Pretax Margin: 6.01%
Return on Equity: 6.46%
Return on Assets: 4.45%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.73
Quick Ratio: 2.73

Sales & Book Value

Annual Sales: $1.19 billion
Price / Sales: 2.41
Cash Flow: $1.39 per share
Price / Cash Flow: 29.99
Book Value: $10.18 per share
Price / Book: 4.11

Miscellaneous

Outstanding Shares: 68,710,000
Free Float: 63,767,000
Market Cap: $2.87 billion
Optionable: Optionable
Beta: 1.46

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Key Executives

Mr. Jeremy Stoppelman (Age 46)
Co-Founder, CEO & Director
Comp: $736.79k

Mr. David A. Schwarzbach (Age 54)
Chief Financial Officer
Comp: $710.05k

Mr. Joseph R. Nachman (Age 51)
Chief Operating Officer
Comp: $792.27k

Mr. Sam Eaton (Age 50)
Chief Technology Officer
Comp: $648.88k

Mr. Craig Saldanha (Age 45)
Chief Product Officer
Comp: $1.27M

Mr. James Miln
Sr. VP of Fin. & Investor Relations

Mr. Aaron Schur
Sr. VP, Gen. Counsel & Corp. Sec.

Ms. Amy Sezak
Sr. VP, Corp. Communications

Mr. Chad Richard
Sr. VP of Bus. & Corp. Devel.

Ms. Brigitte Ehman
Sr. VP of Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

YELP Stock - Frequently Asked Questions

Should I buy or sell Yelp stock right now?: 9 Wall Street 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 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.
View YELP analyst ratings or view top-rated stocks.
What is Yelp's stock price forecast for 2023?: 9 Wall Street research analysts have issued 1-year target prices for Yelp's shares. Their YELP share price forecasts range from $23.00 to $54.00. On average, they predict the company's share price to reach $39.56 in the next twelve months. This suggests that the stock has a possible downside of 5.4%.
View analysts price targets for YELP or view top-rated stocks among Wall Street analysts.
How have YELP shares performed in 2023?: Yelp's stock was trading at $27.34 at the beginning of the year. Since then, YELP shares have increased by 52.9% and is now trading at $41.80.
View the best growth stocks for 2023 here.
When is Yelp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our YELP earnings forecast.
How were Yelp's earnings last quarter?: Yelp Inc. (NYSE:YELP) released its quarterly earnings data on Thursday, August, 3rd. The local business review company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.06. The local business review company had revenue of $337.13 million for the quarter, compared to analysts' expectations of $325.96 million. Yelp had a trailing twelve-month return on equity of 6.46% and a net margin of 3.38%.
What ETFs hold Yelp's stock?: 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).
What guidance has Yelp issued on next quarter's earnings?: 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.
What is Jeremy Stoppelman's approval rating as Yelp's CEO?: 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.

What other stocks do shareholders of Yelp own?: 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).
What is Yelp's stock symbol?: Yelp trades on the New York Stock Exchange (NYSE) under the ticker symbol "YELP."
Who are Yelp's major shareholders?: Yelp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.63%), State Street Corp (3.62%), Acadian Asset Management LLC (3.07%), River Road Asset Management LLC (2.97%), Dimensional Fund Advisors LP (2.87%) and Geode Capital Management LLC (1.90%). 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.
How do I buy shares of 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.
Compare Top Brokerages Here.
What is Yelp's stock price today?: One share of YELP stock can currently be purchased for approximately $41.80.
How much money does Yelp make?: Yelp (NYSE:YELP) has a market capitalization of $2.87 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.
How many employees does Yelp have?: The company employs 4,900 workers across the globe.
How can I contact Yelp?: 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.

This page (NYSE:YELP) was last updated on 9/22/2023 by MarketBeat.com Staff

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Yelp (YELP) Stock Forecast, Price & News

Yelp MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Yelp (NYSE:YELP) Stock

YELP Price History

YELP Stock News Headlines

YELP Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

YELP Stock - Frequently Asked Questions

Overall MarketRank^™