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.
Great idea and very convenient, but too many botched deliveries. Review: One star. That, in a nutshell, sums up investors’ sentiments on Yelp right now. The company’s stock fell as much as 30% in after-hours trading Tuesday after the company posted disappointing sales results. That drop effectively erases all Yelp’s stock gains from the last…
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…
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…
Option Trading Partners News Yelp Stock: This Should Terrify Yelp Inc. (NYSE:YELP) Shareholders "This year hasn't gone as smoothly as anticipated," said Yelp founder and CEO Jeremy Stoppelman during an analyst call, masking the poor showing of the second quarter of 2015 last July. In Q2, Yelp saw 51% higher revenue but fell short of…
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…
The stock price of Yelp Inc (NYSE:YELP) increased 11.23% to $31.21 per share on Friday as investors perceived an opportunity to buy the company's shares at discount prices. Yelp lost more than 42% of stock value year-to-date. The company's stock declined from its highest trading price at $59.37 per share to its current trading price.…