YELP Stock - Yelp Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.41B | $1.34B | $1.19B | $1.03B | $872.93M |
| Gross Profit | $1.29B | $1.22B | $1.09B | $953.74M | $815.75M |
| Gross Margin | 91.2% | 91.5% | 91.1% | 92.4% | 93.4% |
| Operating Income | $151.04M | $79.04M | $58.35M | $31.51M | $-38,795,000 |
| Net Income | $132.85M | $99.17M | $36.35M | $39.67M | $-19,424,000 |
| Net Margin | 9.4% | 7.4% | 3.0% | 3.8% | -2.2% |
| EPS | $1.97 | $1.43 | $0.51 | $0.53 | $-0.27 |
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 Reservations that provide online reservations for restaurants, nightlife, and other venues directly from their Yelp business pages; Yelp Waitlist, a subscription-based waitlist management solution that allows consumers to check wait times and join waitlists remotely, as well as businesses to manage seating and server rotation; 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, as well as non-advertising partner arrangements. It has strategic partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. Yelp Inc. was incorporated in 2004 and is headquartered in San Francisco, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 13th 2025 | Evercore ISI | Upgrade | Outperform | $45 |
| October 14th 2024 | Goldman | Downgrade | Neutral | $38← $46 |
| September 16th 2024 | BofA Securities | Initiation | Underperform | $30 |
| July 16th 2024 | Wolfe Research | Initiation | Peer Perform | - |
| March 27th 2024 | Raymond James | Initiation | Market Perform | - |
| October 27th 2023 | JP Morgan | Upgrade | Neutral | $39 |
| July 28th 2023 | Craig Hallum | Initiation | Buy | $54 |
| July 17th 2023 | KeyBanc Capital Markets | Downgrade | Underweight | $34 |
| July 17th 2023 | Goldman | Upgrade | Buy | $47← $39 |
| December 20th 2022 | JP Morgan | Downgrade | Underweight | $23← $34 |
| July 15th 2022 | Goldman | Downgrade | Neutral | $33← $49 |
Earnings History & Surprises
YELPEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 12, 2026 | $0.47 | — | — | — |
Q4 2025 | Nov 6, 2025 | $0.47 | $0.61 | +29.8% | ✓ BEAT |
Q3 2025 | Aug 7, 2025 | $0.48 | $0.67 | +39.6% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $0.31 | $0.36 | +16.1% | ✓ BEAT |
Q1 2025 | Feb 13, 2025 | $0.53 | $0.62 | +17.0% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $0.42 | $0.56 | +33.3% | ✓ BEAT |
Q3 2024 | Aug 8, 2024 | $0.27 | $0.54 | +100.0% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $0.06 | $0.20 | +233.3% | ✓ BEAT |
Q1 2024 | Feb 15, 2024 | $0.37 | $0.37 | 0.0% | = MET |
Q4 2023 | Nov 2, 2023 | $0.35 | $0.79 | +125.7% | ✓ BEAT |
Q3 2023 | Aug 3, 2023 | $0.15 | $0.21 | +40.0% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $-0.08 | $0.02 | +125.0% | ✓ BEAT |
Q1 2023 | Feb 9, 2023 | $0.28 | $0.28 | 0.0% | = MET |
Q4 2022 | Nov 3, 2022 | $0.22 | $0.13 | -40.9% | ✗ MISS |
Q3 2022 | Aug 4, 2022 | $0.01 | $0.11 | +1000.0% | ✓ BEAT |
Q2 2022 | May 5, 2022 | $-0.11 | $-0.01 | +90.9% | ✓ BEAT |
Q1 2022 | Feb 10, 2022 | $0.14 | $0.30 | +114.3% | ✓ BEAT |
Q4 2021 | Nov 4, 2021 | $0.00 | $0.23 | +8955.1% | ✓ BEAT |
Q3 2021 | Aug 5, 2021 | $-0.09 | $0.05 | +155.6% | ✓ BEAT |
Latest News
JP Morgan Maintains Neutral on Yelp, Lowers Price Target to $30
➖ NeutralEvercore ISI Group Maintains Outperform on Yelp, Lowers Price Target to $38
➖ NeutralYelp shares are trading lower after the company issued Q4 sales guidance below estimates.
📉 NegativeYelp Narrows FY2025 Sales Guidance from $1.456B-$1.475B to $1.460B-$1.465B vs $1.470B Est
➖ NeutralYelp Sees Q4 Sales $360.000M-$365.000M vs $372.418M Est
📉 NegativeYelp Q3 EPS $0.61 Beats $0.52 Estimate, Sales $376.038M Beat $368.326M Estimate
📈 PositiveYelp shares rise after snagging Evercore upgrade
📈 PositiveEvercore ISI Group Upgrades Yelp to Outperform, Raises Price Target to $45
📈 PositiveYelp And Doordash Enters A Third-party Delivery Partnership Where Doordash Will Handle Ordering And Delivery On Yelp
📈 PositiveFrequently Asked Questions about YELP
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