Zacks Research Weighs in on Yelp’s Q2 Earnings (NYSE:YELP)

Yelp Inc. (NYSE:YELP) – Research analysts at Zacks Research decreased their Q2 2026 EPS estimates for shares of Yelp in a research note issued on Thursday, May 28th. Zacks Research analyst Team now expects that the local business review company will post earnings of $0.36 per share for the quarter, down from their prior estimate of $0.55. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Yelp’s current full-year earnings is $1.85 per share. Zacks Research also issued estimates for Yelp’s Q4 2026 earnings at $0.55 EPS, FY2026 earnings at $1.84 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.66 EPS and FY2027 earnings at $2.28 EPS.

A number of other research firms have also recently weighed in on YELP. JPMorgan Chase & Co. lifted their target price on shares of Yelp from $22.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. The Goldman Sachs Group dropped their target price on shares of Yelp from $33.00 to $25.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Wall Street Zen lowered shares of Yelp from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Evercore set a $30.00 target price on shares of Yelp in a research report on Monday, May 11th. Finally, Robert W. Baird set a $28.00 target price on shares of Yelp in a research report on Friday, May 8th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Yelp presently has a consensus rating of “Reduce” and a consensus target price of $27.88.

Yelp Stock Down 0.3%

YELP opened at $22.74 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.74 and a current ratio of 1.74. Yelp has a fifty-two week low of $19.60 and a fifty-two week high of $39.58. The firm’s fifty day moving average is $25.34 and its 200 day moving average is $26.54. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 10.38, a price-to-earnings-growth ratio of 2.44 and a beta of 0.47.

Yelp (NYSE:YELP) last released its earnings results on Thursday, May 7th. The local business review company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. Yelp had a net margin of 9.47% and a return on equity of 20.19%. The company had revenue of $361.46 million for the quarter, compared to analysts’ expectations of $353.47 million. During the same quarter in the previous year, the company earned $0.36 EPS. Yelp’s revenue for the quarter was up .8% on a year-over-year basis.

Insiders Place Their Bets

In other Yelp news, CFO David A. Schwarzbach sold 10,000 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $25.00, for a total transaction of $250,000.00. Following the completion of the transaction, the chief financial officer owned 227,959 shares in the company, valued at $5,698,975. This trade represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Craig Saldanha sold 1,200 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $24.72, for a total transaction of $29,664.00. Following the transaction, the insider owned 267,835 shares of the company’s stock, valued at $6,620,881.20. This trade represents a 0.45% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 26,700 shares of company stock valued at $677,839. 8.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Yelp

Institutional investors have recently bought and sold shares of the business. Stratos Wealth Advisors LLC bought a new position in Yelp during the third quarter valued at $2,207,000. Assenagon Asset Management S.A. bought a new position in Yelp during the fourth quarter valued at $3,348,000. Allianz Asset Management GmbH lifted its position in Yelp by 35.4% during the third quarter. Allianz Asset Management GmbH now owns 925,898 shares of the local business review company’s stock valued at $28,888,000 after purchasing an additional 241,963 shares during the last quarter. SG Americas Securities LLC lifted its position in Yelp by 858.9% during the fourth quarter. SG Americas Securities LLC now owns 44,476 shares of the local business review company’s stock valued at $1,352,000 after purchasing an additional 39,838 shares during the last quarter. Finally, SGL Investment Advisors Inc. bought a new position in Yelp during the third quarter valued at $2,656,000. Institutional investors own 90.11% of the company’s stock.

Yelp Company Profile

Yelp is a digital platform that connects consumers with local businesses through user-generated reviews, ratings and multimedia content. The company’s flagship offerings include the Yelp website and mobile applications for iOS and Android, where users can search for and discover restaurants, shops, service providers and other points of interest. In addition to crowd-sourced reviews and photographs, Yelp provides business profile pages featuring hours, contact information, menus and direct messaging capabilities.

Yelp generates revenue primarily through advertising services sold to small and medium-sized enterprises.