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. It provides free and paid advertising products to businesses, which include cost-per-click advertising and multi-location Ad products, as well as enables businesses to deliver targeted advertising to large and high-intent audience; and business listing page products. The company also offers other services comprising Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife and certain other venues, which include online reservations, a waitlist management solution that allows consumers to check wait times and join waitlists remotely, as well as through hostless kiosks, and seating and server rotation management tools; Yelp Knowledge program that offers business owners local analytics and insights through access to its historical data and other proprietary content; and Yelp Fusion, which offers free access to various basic information through publicly available APIs, and paid access to content and data for consumer-facing enterprise use. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. The company was incorporated in 2004 and is based in San Francisco, California.
Yelp's Crossroads | Explore Yelp's strategic position as it navigates declining user engagement and fierce competition in the digital advertising landscape |
Financial Forecast | Analysts project 5% revenue growth for 2025, below street estimates. Price targets range from $30 to neutral, reflecting mixed outlook |
Competitive Pressure | Delve into Yelp's market share challenges against social media giants and food delivery platforms in the local business discovery space |
Innovation Imperative | Learn about Yelp's product-led growth strategies in home services and efforts to leverage AI, crucial for maintaining relevance and profitability |
Metrics to compare | YELP | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipYELPPeersSector | |
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P/E Ratio | 20.4x | −0.5x | 5.5x | |
PEG Ratio | 0.68 | −0.02 | 0.01 | |
Price/Book | 3.3x | 1.5x | 1.8x | |
Price / LTM Sales | 1.7x | 1.5x | 1.4x | |
Upside (Analyst Target) | 2.2% | 8.2% | 25.5% | |
Fair Value Upside | Unlock | 25.4% | 13.7% | Unlock |