Yelp Inc has a consensus price target of $38.77 based on the ratings of 15 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 B of A Securities, JP Morgan, and Morgan Stanley on September 16, 2024, August 12, 2024, and July 23, 2024, respectively. With an average price target of $33 between B of A Securities, JP Morgan, and Morgan Stanley, there's an implied -3.99% 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 B of A Securities on September 16, 2024. The analyst firm set a price target for $30.00 expecting YELP to fall to within 12 months (a possible -12.49% downside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Yelp (NYSE:YELP) was provided by B of A Securities, and Yelp initiated their underperform 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 December 20, 2022 when JP Morgan changed their price target from $34 to $23 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 September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest Yelp (YELP) rating was a initiated with a price target of $0.00 to $30.00. The current price Yelp (YELP) is trading at is $34.28, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.