Zacks Research Has Bearish Forecast for Yelp Q2 Earnings

Yelp Inc. (NYSE:YELP) – Equities researchers at Zacks Research lowered their Q2 2025 earnings per share estimates for shares of Yelp in a research report issued on Thursday, May 29th. Zacks Research analyst R. Department now forecasts that the local business review company will earn $0.46 per share 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 announced its earnings results on Thursday, May 8th. The local business review company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.05. The company had revenue of $358.53 million during the quarter, compared to analysts’ expectations of $353.48 million. Yelp had a return on equity of 18.07% and a net margin of 9.41%. Yelp’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the business posted $0.20 EPS.

Several other equities research analysts have also weighed in on YELP. JPMorgan Chase & Co. cut their target price on Yelp from $36.00 to $35.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 22nd. Morgan Stanley cut their price target on Yelp from $35.00 to $30.00 and set an “underweight” rating on the stock in a research report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Yelp currently has an average rating of “Hold” and an average price target of $34.00.

Yelp Stock Performance

Shares of NYSE YELP opened at $37.51 on Monday. Yelp has a fifty-two week low of $32.29 and a fifty-two week high of $41.72. The firm has a market capitalization of $2.39 billion, a PE ratio of 19.54, a price-to-earnings-growth ratio of 0.76 and a beta of 0.99. The stock’s 50-day simple moving average is $36.30 and its 200-day simple moving average is $37.36.

Institutional Trading of Yelp

Several large investors have recently added to or reduced their stakes in YELP. Allworth Financial LP increased its position in shares of Yelp by 82.5% during the 4th quarter. Allworth Financial LP now owns 637 shares of the local business review company’s stock valued at $25,000 after purchasing an additional 288 shares during the period. Avion Wealth increased its position in shares of Yelp by 1,963.6% during the 4th quarter. Avion Wealth now owns 908 shares of the local business review company’s stock valued at $35,000 after purchasing an additional 864 shares during the period. Fifth Third Bancorp increased its position in shares of Yelp by 76.5% during the 4th quarter. Fifth Third Bancorp now owns 1,094 shares of the local business review company’s stock valued at $42,000 after purchasing an additional 474 shares during the period. Farther Finance Advisors LLC increased its position in shares of Yelp by 307.4% during the 1st quarter. Farther Finance Advisors LLC now owns 1,096 shares of the local business review company’s stock valued at $42,000 after purchasing an additional 827 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Yelp in the 1st quarter worth $52,000. 90.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO David A. Schwarzbach sold 10,000 shares of the stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $38.20, for a total value of $382,000.00. Following the completion of the transaction, the chief financial officer now owns 219,654 shares of the company’s stock, valued at approximately $8,390,782.80. This represents a 4.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CTO Sam Eaton sold 12,904 shares of the stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $38.18, for a total value of $492,674.72. Following the transaction, the chief technology officer now directly owns 145,064 shares in the company, valued at approximately $5,538,543.52. This represents a 8.17% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 56,328 shares of company stock worth $2,068,950. 8.00% of the stock is currently owned by corporate insiders.

Yelp Company Profile

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.