Yelp: Upside Potential To FY24 Guidance [Seeking Alpha]
Yelp Inc. (YELP)
Last yelp inc. earnings: 2/13 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
yelp-ir.com/investor-overview
Company Research
Source: Seeking Alpha
The company's focus on increasing ARPU and improving marketing ROI is driving revenue growth. The market is underestimating Yelp's ability to overcome near-term challenges, presenting an attractive buying opportunity. Overview I previously rated a buy rating for Yelp Inc. ( NYSE: YELP ) in September 2023 as I was bullish on the stock's near-term outlook; in particular, I expected margin to continue expanding as revenue scales. Since then, the stock has moved up as I expected, reaching $48.99 at one point, which is near my target price. After reviewing the recent performance, my recommendation for YELP is a buy rating, as I see the risk-reward situation as attractive today. I believe the market has priced the share using management FY24 guidance, which I think is too conservative. I do expect the weather situation to recover as we move through the year, and with the Fed cutting rates in 2H24, consumer spending should recover as well, both of which should drive upside to YELP's g
Show less
Read more
Impact Snapshot
Event Time:
YELP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
YELP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
YELP alerts
High impacting Yelp Inc. news events
Weekly update
A roundup of the hottest topics
YELP
News
- Yelp Announces Date of First Quarter 2024 Financial ResultsBusiness Wire
- Yelp (YELP) Earnings Expected to Grow: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Yelp (NYSE:YELP) shareholders have earned a 31% return over the last year [Yahoo! Finance]Yahoo! Finance
- Yelp Appoints Dan Jedda to its Board of Directors as George Hu Steps DownBusiness Wire
- Yelp Inc. (NYSE: YELP) is now covered by analysts at Raymond James. They set a "market perform" rating on the stock.MarketBeat
YELP
Earnings
- 2/15/24 - In-Line
YELP
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEF
- 4/25/24 - Form DEFA14A
- YELP's page on the SEC website