Yelp - YELP Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Yelp in the last year. 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.
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7 Wall Street research analysts have issued 12-month target prices 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 $36.00 in the next year. This suggests a possible upside of 21.3% from the stock's current price.
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Yelp's stock was trading at $27.34 on January 1st, 2023. Since then, YELP shares have increased by 8.6% and is now trading at $29.69.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our YELP earnings forecast.

Yelp Inc. (NYSE:YELP) posted its earnings results on Thursday, February, 9th. The local business review company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.03. The local business review company earned $309.10 million during the quarter, compared to analysts' expectations of $306.34 million. Yelp had a net margin of 3.05% and a trailing twelve-month return on equity of 5.09%. The firm's revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 earnings per share.

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

Yelp issued an update on its FY 2023 earnings guidance on Thursday, February, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.29 billion-$1.31 billion, compared to the consensus revenue estimate of $1.29 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 River Road Asset Management LLC (2.89%), Dimensional Fund Advisors LP (2.81%), Macquarie Group Ltd. (2.67%), Fisher Asset Management LLC (1.84%), Millennium Management LLC (1.82%) and Geode Capital Management LLC (1.75%). Insiders that own company stock include Carolyn Patterson, David A Schwarzbach, Jeremy Stoppelman, Joseph R Nachman, Laurence Wilson, Miriam Warren, Sam Eaton and Vivek Patel.
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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 $29.69.

Yelp (NYSE:YELP) has a market capitalization of $2.06 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 $0.51 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.