Yelp Inc has a consensus price target of $38.42 based on the ratings of 14 analysts. The high is $53 issued by Credit Suisse on August 7, 2023. The low is $30 issued by B of A Securities on September 16, 2024. The 3 most-recent analyst ratings were released by Baird, Goldman Sachs, and B of A Securities on November 8, 2024, October 14, 2024, and September 16, 2024, respectively. With an average price target of $35 between Baird, Goldman Sachs, and B of A Securities, there's an implied -2.59% downside for Yelp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Yelp (NYSE:YELP) was reported by Baird on November 8, 2024. The analyst firm set a price target for $37.00 expecting YELP to rise to within 12 months (a possible 2.98% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Yelp (NYSE:YELP) was provided by Baird, and Yelp maintained their neutral rating.
The last upgrade for Yelp Inc happened on October 27, 2023 when JP Morgan raised their price target to $39. JP Morgan previously had an underweight for Yelp Inc.
The last downgrade for Yelp Inc happened on October 14, 2024 when Goldman Sachs changed their price target from $46 to $38 for Yelp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Yelp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Yelp was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Yelp (YELP) rating was a maintained with a price target of $39.00 to $37.00. The current price Yelp (YELP) is trading at is $35.93, which is out of the analyst’s predicted range.
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