Yelp Inc. (NYSE:YELP) Receives $27.88 Average Target Price from Brokerages

Yelp Inc. (NYSE:YELP) has earned a consensus rating of “Reduce” from the seven research firms that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $27.5714.

YELP has been the topic of a number of research analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Yelp in a research note on Monday, May 11th. Morgan Stanley decreased their price objective on Yelp from $28.00 to $24.00 and set an “underweight” rating on the stock in a report on Friday, May 15th. JPMorgan Chase & Co. upped their target price on Yelp from $22.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Evercore set a $30.00 price target on shares of Yelp in a research report on Monday, May 11th. Finally, Zacks Research raised shares of Yelp from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 14th.

Yelp Price Performance

YELP stock opened at $25.67 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.74 and a quick ratio of 1.74. Yelp has a one year low of $19.60 and a one year high of $34.49. The stock has a market cap of $1.41 billion, a PE ratio of 12.28, a P/E/G ratio of 2.74 and a beta of 0.46. The firm has a 50 day simple moving average of $24.87 and a two-hundred day simple moving average of $24.86.

Yelp (NYSE:YELP) last posted its quarterly earnings data on Thursday, August 6th. The local business review company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.21. The firm had revenue of $375.52 million for the quarter, compared to analysts’ expectations of $366.89 million. Yelp had a net margin of 8.59% and a return on equity of 19.19%. The business’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the company posted $0.67 EPS. On average, analysts predict that Yelp will post 1.84 EPS for the current fiscal year.

Insider Activity

In related news, Director Christine Barone sold 15,507 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $22.95, for a total transaction of $355,885.65. Following the transaction, the director owned 15,928 shares of the company’s stock, valued at approximately $365,547.60. This trade represents a 49.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 17,507 shares of company stock valued at $402,481. 8.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Yelp

Several institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System increased its holdings in shares of Yelp by 0.7% in the second quarter. California State Teachers Retirement System now owns 58,298 shares of the local business review company’s stock worth $1,998,000 after buying an additional 393 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Yelp by 6.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,204 shares of the local business review company’s stock valued at $219,000 after acquiring an additional 408 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in Yelp by 100.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 892 shares of the local business review company’s stock valued at $28,000 after acquiring an additional 446 shares during the period. Corient Private Wealth LLC grew its position in Yelp by 5.9% during the 4th quarter. Corient Private Wealth LLC now owns 8,302 shares of the local business review company’s stock worth $252,000 after acquiring an additional 464 shares during the last quarter. Finally, Fifth Third Bancorp grew its position in Yelp by 70.4% during the 4th quarter. Fifth Third Bancorp now owns 1,159 shares of the local business review company’s stock worth $35,000 after acquiring an additional 479 shares during the last quarter. 90.11% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Yelp

Here are the key news stories impacting Yelp this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Yelp reported adjusted earnings of $0.62 per share, well above the $0.32–$0.36 analyst estimates, while revenue of $375.5 million surpassed expectations of approximately $367 million. Revenue increased 1.4% year over year, supporting the positive investor reaction. Yelp Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Results beat consensus despite a year-over-year EPS decline. The earnings outperformance suggests effective cost management and stronger-than-anticipated profitability, even though EPS declined from $0.67 in the prior-year quarter. Yelp Quarterly Earnings Results
• Positive Sentiment: Management’s full-year revenue outlook is broadly in line with Wall Street expectations. Yelp provided fiscal 2026 revenue guidance of approximately $1.5 billion, matching consensus and reducing the risk of a major forecast shortfall. Yelp Shares Rise on Strong Q2

Yelp Company Profile

Yelp is a digital platform that connects consumers with local businesses through user-generated reviews, ratings and multimedia content. The company’s flagship offerings include the Yelp website and mobile applications for iOS and Android, where users can search for and discover restaurants, shops, service providers and other points of interest. In addition to crowd-sourced reviews and photographs, Yelp provides business profile pages featuring hours, contact information, menus and direct messaging capabilities.

Yelp generates revenue primarily through advertising services sold to small and medium-sized enterprises.