Yelp Stock: 3 Reasons We’ve Turned Bearish (Rating Downgrade)

Yelp Stock: 3 Reasons We’ve Turned Bearish (Rating Downgrade)

Our update today downgrades the stock with a more bearish view. As we see it, despite steady growth and consistent profitability, several core operating metrics stand out as concerning. We believe the company's long-term outlook and growth potential have deteriorated, with risks tilted for further downside. Here are 4 reasons we recommend avoiding Yelp stock.

Yelp gets downgraded to sell at UBS

Online review company Yelp Inc. was downgraded by UBS, which said that the firm will struggle to grow local advertising revenue against scaled rivals such as Facebook and Alphabet. UBS analysts led by Eric Sheridan said in a note to clients they now rate the stock a sell, while keeping their price target unchanged at…

YELP Stock: Is It Time to Dump Yelp Inc.?

Option Trading Partners News YELP Stock: Is It Time to Dump Yelp Inc.? Yelp.com posted a loss of $8.1 million ($0.11 per share), against a profit of $3.6 million ($0.05 per share) a year earlier. Adjusted EPS totaled $0.03. Analysts on average expected a loss per share of $0.09 for the period. The loss comes…

Why Are Shares Of Yelp Plunging?

Shares of Yelp Inc. (NYSE:YELP) plunged more than 17 percent Thursday to $42.69 in premarket trading after the consumer review website’s quarterly earnings missed Wall Street forecasts. The San Francisco company’s revenue forecasts for the current quarter also missed estimates, disappointing investors. For the first quarter ended March 31, Yelp reported a loss of $1.28…