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 |
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