Yelp Inc. (YELP)
NYSE: YELP · IEX Real-Time Price · USD
36.97
+0.45 (1.23%)
May 31, 2024, 4:00 PM EDT - Market closed
Yelp Inc. Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Yelp Inc. stock have an average target of 41.5, with a low estimate of 32 and a high estimate of 53. The average target predicts an increase of 12.25% from the current stock price of 36.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Yelp Inc. stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $55 → $48 | Strong Buy | Maintains | $55 → $48 | +29.84% | May 10, 2024 |
| Baird | Baird | Hold Maintains $44 → $39 | Hold | Maintains | $44 → $39 | +5.49% | May 10, 2024 |
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Mar 27, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $60 → $55 | Strong Buy | Maintains | $60 → $55 | +48.77% | Dec 8, 2023 |
| JP Morgan | JP Morgan | Sell → Hold Upgrades $39 | Sell → Hold | Upgrades | $39 | +5.49% | Oct 27, 2023 |
Financial Forecast
Revenue This Year
1.46B
from 1.34B
Increased by 9.05%
Revenue Next Year
1.57B
from 1.46B
Increased by 7.82%
EPS This Year
1.47
from 1.35
Increased by 9.08%
EPS Next Year
2.04
from 1.47
Increased by 38.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5B | 1.6B | 1.7B |
| Avg | 1.5B | 1.6B | 1.7B |
| Low | 1.4B | 1.5B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.7% | 12.8% | 10.9% |
| Avg | 9.0% | 7.8% | 6.1% |
| Low | 4.3% | 1.9% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.62 | 2.30 | 2.76 |
| Avg | 1.47 | 2.04 | 2.35 |
| Low | 1.29 | 1.68 | 2.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.8% | 56.1% | 35.1% |
| Avg | 9.1% | 38.8% | 15.1% |
| Low | -4.2% | 13.8% | -1.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.