Yelp Inc (YELP) stock price forecast predicts $38 value

Yelp Inc [YELP] stock is trading at $35.44, down -0.17%. An important factor to consider is whether the stock is rising or falling in short-term value. The YELP shares have gain 4.24% over the last week, with a monthly amount drifted -6.59%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Yelp Inc [NYSE: YELP] stock has seen the most recent analyst activity on October 14, 2024, when Goldman downgraded its rating to a Neutral and also revised its price target to $38 from $46. Previously, BofA Securities started tracking the stock with Underperform rating on September 16, 2024, and set its price target to $30. On July 16, 2024, Wolfe Research initiated with a Peer Perform rating. Raymond James started tracking the stock assigning a Mkt Perform rating. JP Morgan upgraded its rating to a Neutral but $39 remained the price target by the analyst firm on October 27, 2023. Craig Hallum started tracking with a Buy rating for this stock on July 28, 2023, and assigned it a price target of $54. In a note dated July 17, 2023, Goldman upgraded an Buy rating on this stock and boosted its target price from $39 to $47.

Yelp Inc [YELP] stock has fluctuated between $32.56 and $41.72 over the past year. Currently, Wall Street analysts expect the stock to reach $38 within the next 12 months. Yelp Inc [NYSE: YELP] shares were valued at $35.44 at the most recent close of the market. An investor can expect a potential return of 7.22% based on the average YELP price forecast.

Analyzing the YELP fundamentals

Yelp Inc [NYSE:YELP] reported sales of 1.41B for the trailing twelve months, which represents a growth of 5.72%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.18 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 35.04 points at the first support level, and at 34.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.89, and for the 2nd resistance point, it is at 36.33.

Ratios To Look Out For

For context, Yelp Inc’s Current Ratio is 3.34. On the other hand, the Quick Ratio is 3.34, and the Cash Ratio is 1.4. Considering the valuation of this stock, the price to sales ratio is 1.63, the price to book ratio is 3.13 and price to earnings (TTM) ratio is 18.53.

Transactions by insiders

Recent insider trading involved DAVID SCHWARZBACH, Officer, that happened on Mar 17 ’25 when 10000.0 shares were purchased. Chief Financial Officer, Schwarzbach David A completed a deal on Mar 17 ’25 to sell 10000.0 shares. Meanwhile, Chief People Officer Amara Carmen sold 11238.0 shares on Mar 07 ’25.

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