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 listing 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. 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.
IPO Year: 2012
Exchange: NYSE
Website: yelp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2024 | $46.00 → $38.00 | Buy → Neutral | Goldman |
| 9/16/2024 | $30.00 | Underperform | BofA Securities |
| 7/16/2024 | Peer Perform | Wolfe Research | |
| 3/27/2024 | Mkt Perform | Raymond James | |
| 10/27/2023 | $39.00 | Underweight → Neutral | JP Morgan |
| 7/28/2023 | $54.00 | Buy | Craig Hallum |
| 7/17/2023 | $34.00 | Sector Weight → Underweight | KeyBanc Capital Markets |
| 7/17/2023 | $39.00 → $47.00 | Neutral → Buy | Goldman |
| 12/20/2022 | $34.00 → $23.00 | Neutral → Underweight | JP Morgan |
| 7/15/2022 | $49.00 → $33.00 | Buy → Neutral | Goldman |
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced that management will present at the Jefferies Public Technology Conference on May 29, 2025 at 1:30 p.m. Pacific Time. The live and archived webcasts of the presentation will be available on the company's investor relations website at www.yelp-ir.com. The archived webcast will remain available for 180 days after the conclusion of the live presentation. About Yelp Yelp Inc. (yelp.com) is a community-driven platform that connects people with great local businesses. Millions of people rely on Yelp for useful and trusted local business information, reviews and photos to help inform their spend
Net Revenue increased by 8% year over year to $359 million Net Income increased by 72% year over year to $24 million, reflecting a 7% margin Adjusted EBITDA grew 32% year over year to $85 million, reflecting a 24% margin1 Updates 2025 Net Revenue outlook to the range of $1.465 billion to $1.485 billion; and Adjusted EBITDA2 outlook to the range of $345 million to $365 million Yelp Inc. (NYSE:YELP), the trusted platform that connects people with great local businesses, today announced its financial results for the first quarter ended March 31, 2025 in the Q1 2025 Shareholder Letter available on its Investor Relations website at yelp-ir.com. "Our first quarter results demonstrate the str
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced that management will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 13, 2025 at 1:50 p.m. Eastern Time. The live and archived webcasts of the presentation will be available on the company's investor relations website at www.yelp-ir.com. The archived webcast will remain available for 30 days after the conclusion of the live presentation. About Yelp Yelp Inc. (yelp.com) is a community-driven platform that connects people with great local businesses. Millions of people rely on Yelp for useful and trusted local business information, reviews and photos
AI-powered photo recognition in Yelp Assistant automatically identifies and understands project needs; response quality badges highlight service pros with helpful replies; and restaurant enhancements, like the Guest Experience Survey, help improve the dining experience Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced its Spring Product Release, introducing 15 new features and updates that simplify how consumers discover and hire service professionals, and help restaurants manage front-of-house operations. New updates include AI-powered photo recognition in Yelp Assistant to make it easier and quicker to find and connect with the right pro
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended March 31, 2025 after the market closes on Thursday, May 8, 2025. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its first quarter results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the same web address as above. About Yelp Y
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced that management will present at the Morgan Stanley Technology, Media & Telecom Conference on March 5, 2025 at 2:30 p.m. Eastern Time. The live and archived webcasts of the presentation will be available on the company's investor relations website at www.yelp-ir.com. The archived webcast will remain available for 180 days after the conclusion of the live presentation. About Yelp Yelp Inc. (yelp.com) is a community-driven platform that connects people with great local businesses. Millions of people rely on Yelp for useful and trusted local business information, reviews and photos to help
Honorees across the country with California, Texas, and Nevada leading Yelp's annual list Yelp, the company that connects people with great local businesses, today unveiled its 12th annual list of the Top 100 Places to Eat in the U.S., showcasing the best dining destinations across the country. Yelp analyzes the millions of reviews on its platform, along with nominations from its community of users, to generate a diverse list of local eateries, from food trucks to fine dining. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250211822797/en/Yelp Reveals the Top 100 Places to Eat in the U.S. for 2024 (Graphic: Business Wire) Yelp
Yelp warned consumers of nearly 550 businesses involved in review manipulation and introduced a new Consumer Alerts History section on Yelp business pages Proactive measures led to the removal of over 47,900 inappropriate reviews and the closure of over 551,200 user accounts for policy violations Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today released its annual Trust & Safety Report, offering insights into the extensive measures it took in 2024 to protect the integrity and quality of content on its platform. The report details how Yelp enhanced its automated recommendation software to better surface the most reliable and helpful reviews, warn
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter and full year ended December 31, 2024 after the market closes on Thursday, February 13, 2025. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its fourth quarter and full year results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the sa
AI-powered Review Insights and new tipping attributes help consumers learn more about local businesses before they go; enhancements to Yelp Assistant and Yelp's Request a Quote in Apple Maps make it even easier to connect with pros and complete projects; AI-enabled smart selection automatically optimize ads for business owners for the highest return on ad spend Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced its end-of-year product release featuring more than 20 new updates designed to enhance the user experience for both consumers and business owners. Yelp's latest product release includes AI-driven features, such as Review Insights th
Goldman downgraded Yelp from Buy to Neutral and set a new price target of $38.00 from $46.00 previously
BofA Securities initiated coverage of Yelp with a rating of Underperform and set a new price target of $30.00
Wolfe Research initiated coverage of Yelp with a rating of Peer Perform
Raymond James initiated coverage of Yelp with a rating of Mkt Perform
JP Morgan upgraded Yelp from Underweight to Neutral and set a new price target of $39.00
Craig Hallum initiated coverage of Yelp with a rating of Buy and set a new price target of $54.00
KeyBanc Capital Markets downgraded Yelp from Sector Weight to Underweight and set a new price target of $34.00
Goldman upgraded Yelp from Neutral to Buy and set a new price target of $47.00 from $39.00 previously
JP Morgan downgraded Yelp from Neutral to Underweight and set a new price target of $23.00 from $34.00 previously
Goldman downgraded Yelp from Buy to Neutral and set a new price target of $33.00 from $49.00 previously
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Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced the appointment of Dan Jedda, chief financial officer of Roku, Inc., to its Board of Directors, effective March 29, 2024. This appointment coincides with the departure of George Hu, who will be stepping down from the Yelp Board of Directors on the same date after dedicating over five years of service as a director and as a member of the Compensation Committee of the Board. Jedda's appointment comes at a time when Yelp continues to expand its product offerings and enhance its platform to better serve both businesses and consumers. "Dan brings a wealth of experience to the Yelp Board, havi
Former Chief Media Officer at Verizon and Chief Brand Officer at USAA Brings Extensive National and Local Advertising and Strategic Marketing Expertise to Board Nexstar Media Group, Inc. (NASDAQ:NXST) announced the appointment of Tony Wells, 59, to its Board of Directors effective today, July 26, 2023. Mr. Wells fills the open Board position that was created when Dennis Miller stepped down last October to assume the role of President of The CW Network LLC, a 75%-owned subsidiary of Nexstar. As a result of the recent declassification of the Board, Mr. Wells, and all directors, will stand for election at the 2024 annual meeting of stockholders. Mr. Wells is an independent director and will
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced the appointment of Chris Terrill, former chief executive officer of ANGI Homeservices (now Angi Inc.) and HomeAdvisor.com, to its Board of Directors, effective immediately. Terrill is a tenured internet executive who has a strong record of building highly successful businesses, including ANGI Homeservices, which grew to a multi-billion-dollar public company by the time of his departure. "Chris brings extensive experience in building online marketplaces that connect consumers with local service professionals," said Jeremy Stoppelman, Yelp's co-founder and chief executive officer. "His persp
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Net Revenue increased by 8% year over year to $359 million Net Income increased by 72% year over year to $24 million, reflecting a 7% margin Adjusted EBITDA grew 32% year over year to $85 million, reflecting a 24% margin1 Updates 2025 Net Revenue outlook to the range of $1.465 billion to $1.485 billion; and Adjusted EBITDA2 outlook to the range of $345 million to $365 million Yelp Inc. (NYSE:YELP), the trusted platform that connects people with great local businesses, today announced its financial results for the first quarter ended March 31, 2025 in the Q1 2025 Shareholder Letter available on its Investor Relations website at yelp-ir.com. "Our first quarter results demonstrate the str
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended March 31, 2025 after the market closes on Thursday, May 8, 2025. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its first quarter results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the same web address as above. About Yelp Y
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter and full year ended December 31, 2024 after the market closes on Thursday, February 13, 2025. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its fourth quarter and full year results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the sa
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended September 30, 2024 after the market closes on Thursday, November 7, 2024. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its third quarter results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the same web address as above. Abou
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended June 30, 2024 after the market closes on Thursday, August 8, 2024. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its second quarter results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the same web address as above. About Ye
Net Revenue increased by 7% year over year to $333 million Net Income increased from the prior year to $14 million, reflecting a 4% margin Adjusted EBITDA grew 19% year over year to $64 million Yelp Inc. (NYSE:YELP), the trusted platform that connects people with great local businesses, today announced its financial results for the first quarter ended March 31, 2024 in the Q1 2024 Shareholder Letter available on its Investor Relations website at yelp-ir.com. "In the first quarter, the strength and momentum in our services categories, particularly home services, offset a challenging environment for our restaurant, retail and other categories," said Jeremy Stoppelman, Yelp's co-founde
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended March 31, 2024 after the market closes on Thursday, May 9, 2024. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its first quarter results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the same web address as above. About Yelp
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter and full year ended December 31, 2023 after the market closes on Thursday, February 15, 2024. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its fourth quarter and full year results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the sa
Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended September 30, 2023 after the market closes on Thursday, November 2, 2023. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its third quarter results starting at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The live and archived webcasts will be accessible from Yelp's investor relations website at the same web address as above. Ab
Second quarter Net Revenue increased by 13% year over year to a record $337 million Net Income increased by 84% year over year to a positive $15 million Adjusted EBITDA increased by 25% year over year to a record $84 million Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today posted its financial results for the second quarter ended June 30, 2023 in the Q2 2023 Shareholder Letter available on its Investor Relations website at www.yelp-ir.com. "Yelp's record-breaking top-line second quarter results are a testament to our increased product velocity and consistent execution across the company," said Jeremy Stoppelman, Yelp's co-founder and chief e