Yelp Inc. (YELP)

Yelp Inc. Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Yelp Inc. stock have an average target of 37, with a low estimate of 30 and a high estimate of 48. The average target predicts a decrease of -3.85% from the current stock price of 38.48.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$30	$37	$37	$48
Change	-22.04%	-3.85%	-3.85%	+24.74%

* Price targets were last updated on Nov 8, 2024.

Analyst Ratings

The average analyst rating for Yelp Inc. stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1	1	1	1
Buy	2	0	0	0	0	0
Hold	5	4	4	5	5	5
Sell	1	1	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	9	6	7	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Colin Sebastian Baird	Baird	Hold Maintains $39 → $37	Hold	Maintains	$39 → $37	-3.85%	Nov 8, 2024
Eric Sheridan Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades $46 → $38	Strong Buy → Hold	Downgrades	$46 → $38	-1.25%	Oct 14, 2024
Nitin Bansal B of A Securities	B of A Securities	Sell Initiates $30	Sell	Initiates	$30	-22.04%	Sep 16, 2024
Cory Carpenter JP Morgan	JP Morgan	Hold Maintains $38 → $35	Hold	Maintains	$38 → $35	-9.04%	Aug 12, 2024
Brian Nowak Morgan Stanley	Morgan Stanley	Sell Maintains $32 → $34	Sell	Maintains	$32 → $34	-11.64%	Jul 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.43B

Increased by 6.80%

from 1.34B

Revenue Next Year

1.51B

Increased by 5.39%

from 1.43B

EPS This Year

1.85

Increased by 37.13%

from 1.35

EPS Next Year

2.45

Increased by 32.44%

from 1.85

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.01B	872.93M	1.03B	1.19B	1.34B	1.43B	1.51B	1.59B
Revenue Growth	7.58%	-13.93%	18.20%	15.67%	12.03%	6.80%	5.39%	5.51%
EPS	0.52	-0.27	0.50	0.50	1.35	1.85	2.45	3.00
EPS Growth	-16.13%	-	-	-	170.00%	37.13%	32.44%	22.52%
Forward PE	-	-	-	-	-	20.79	15.69	12.81
No. Analysts	-	-	-	-	-	12	12	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	1.5B	1.6B	1.7B
Avg	1.4B	1.5B	1.6B
Low	1.4B	1.4B	1.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	10.1%	10.5%	13.2%
Avg	6.8%	5.4%	5.5%
Low	2.5%	-0.5%	-0.5%

EPS Forecast

EPS	2024	2025	2026	2027
High	1.97	2.82	3.43
Avg	1.85	2.45	3.00
Low	1.73	2.21	2.60

EPS Growth

EPS Growth	2024	2025	2026	2027
High	46.2%	52.6%	40.0%
Avg	37.1%	32.4%	22.5%
Low	28.5%	19.1%	5.9%

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.