Zacks Research Has Negative Estimate for Yelp Q2 Earnings

Yelp Inc. (NYSE:YELP) – Research analysts at Zacks Research cut their Q2 2025 earnings estimates for shares of Yelp in a note issued to investors on Thursday, May 29th. Zacks Research analyst R. Department now expects that the local business review company will post earnings per share of $0.46 for the quarter, down from their prior estimate of $0.56. The consensus estimate for Yelp’s current full-year earnings is $2.22 per share. Zacks Research also issued estimates for Yelp’s Q2 2026 earnings at $0.54 EPS, Q3 2026 earnings at $0.57 EPS and FY2026 earnings at $2.21 EPS.

Yelp (NYSE:YELP) last released its earnings results on Thursday, May 8th. The local business review company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.05. The firm had revenue of $358.53 million during the quarter, compared to analyst estimates of $353.48 million. Yelp had a net margin of 9.41% and a return on equity of 18.07%. The business’s revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the business earned $0.20 EPS.

Other analysts also recently issued reports about the company. Morgan Stanley decreased their target price on Yelp from $35.00 to $30.00 and set an “underweight” rating for the company in a research report on Thursday, April 17th. JPMorgan Chase & Co. decreased their price target on shares of Yelp from $36.00 to $35.00 and set a “neutral” rating for the company in a research note on Tuesday, April 22nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $34.00.

Yelp Stock Performance

Shares of YELP stock opened at $37.17 on Monday. Yelp has a 52-week low of $32.29 and a 52-week high of $41.72. The firm has a market capitalization of $2.37 billion, a P/E ratio of 19.36, a P/E/G ratio of 0.76 and a beta of 0.99. The stock has a 50 day moving average price of $36.31 and a 200 day moving average price of $37.36.

Institutional Trading of Yelp

A number of hedge funds and other institutional investors have recently made changes to their positions in YELP. Allworth Financial LP increased its stake in shares of Yelp by 82.5% in the fourth quarter. Allworth Financial LP now owns 637 shares of the local business review company’s stock worth $25,000 after acquiring an additional 288 shares during the period. Avion Wealth grew its position in Yelp by 1,963.6% during the 4th quarter. Avion Wealth now owns 908 shares of the local business review company’s stock worth $35,000 after purchasing an additional 864 shares during the period. Fifth Third Bancorp grew its position in Yelp by 76.5% during the 4th quarter. Fifth Third Bancorp now owns 1,094 shares of the local business review company’s stock worth $42,000 after purchasing an additional 474 shares during the period. Farther Finance Advisors LLC grew its holdings in Yelp by 307.4% during the first quarter. Farther Finance Advisors LLC now owns 1,096 shares of the local business review company’s stock worth $42,000 after acquiring an additional 827 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Yelp during the first quarter worth about $52,000. Institutional investors and hedge funds own 90.11% of the company’s stock.

Insider Transactions at Yelp

In related news, insider Carmen Amara sold 11,238 shares of the company’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $35.00, for a total value of $393,330.00. Following the transaction, the insider now directly owns 108,123 shares of the company’s stock, valued at $3,784,305. This represents a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Sam Eaton sold 12,904 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $38.18, for a total value of $492,674.72. Following the completion of the transaction, the chief technology officer now directly owns 145,064 shares in the company, valued at $5,538,543.52. This represents a 8.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 56,328 shares of company stock valued at $2,068,950. Corporate insiders own 8.00% of the company’s stock.

About Yelp

Yelp Inc operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various 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.