Dernières nouvelles pour Yelp (NYSE:YELP) Stock

Yelp

Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.

Yelp Inc

A McDonald's Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) restaurant in Pennsylvania became the location of a police arrest for the suspect now <a href="https://www.benzinga.com/news/legal/24/12/42423214/luigi-mangione-fights-extradition-to-new-york-on-murder-charge-shouts-at-press-outside-courthouse">charged with the murder</a> of UnitedHealthcare CEO Brian Thompson.
The arrest, which came from customers and employees recognizing suspect Luigi Mangione from surveillance photos released by New York City police, has some people upset that police were called.
What Happened: Mangione has been charged with the <a href="https://www.benzinga.com/general/health-care/24/12/42316904/unitedhealthcare-ceo-brian-thompson-fatally-shot-outside-nyc-hotel">death of Thompson, </a>the CEO Of UnitedHealthcare, a unit of UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>).
His arrest came after a McDonald's employee called police as patrons recognized the suspect, which led to his arrest.
With a potential motive for the murder of Thompson being related to the high cost of insurance premiums and high rate of insurance claim denials, the insurance sector is seeing an increased spotlight that has also made some sympathetic to whoever completed the murder.
Some who were upset with the handling of Mangione being arrested at the McDonald's used the power of the internet and social media reviews to take down the Pennsylvania restaurant location.
A large amount of one-star reviews began popping up on Google for the Pennsylvania McDonald's, as <a href="https://nypost.com/2024/12/10/business/google-removes-bad-mcdonalds-reviews-after-worker-reports-luigi-mangione/?utm_medium=social&amp;utm_campaign=nypost_business&amp;utm_source=twitter">reported </a>by the New York Post. Google, which is a unit of Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) removed one-star reviews.
"These reviews violate our policies and are being removed," a Google spokesperson told The New York Post.
While many of the one-star reviews, which are part of a process known as "review bombing" had been removed, the news outlet found several still remained.
"More like Narc-donalds…I hope obesity and heart disease are in-network in PA," one review said.
Review company Yelp Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) also saw a rush of new reviews on the Pennsylvania McDonald's and put a warning on the location's page that said "Unusual Activity Alert."
Here are some of the <a href="https://www.yelp.com/biz/mcdonalds-altoona?start=90">reviews </a>left on Yelp for the McDonald's location:
<ul>
<li>"Avoid this McDonald's location, they're out of your network. The food will send you to an early grave and no health insurance will cover that — they're in the business of denials."</li>
<li>"Major rat problem in this most anti-American establishment. Never going to eat here again."</li>
<li>"The staff was rude and they called the police on my friend Luigi. There were rats everywhere."</li>
<li>"One of the employees told me because I'm poor I don't deserve healthcare."</li>
<li>"Horrible service and the patrons today were McSnitches. Home they McStitches and their insurance doesn't pay for it."</li>
</ul>
Read Also:<a href="https://www.benzinga.com/general/entertainment/24/10/41505903/mcdonalds-where-trump-worked-review-bombed-on-yelp-fries-too-salty-as-if-someone-who-lost-a"> McDonald&#8217;s Where Trump Worked Review-Bombed On Yelp: &#8216;Fries Too Salty As If Someone Who Lost A Major Election Had Been Crying Over Them&#8217;</a>
Why It's Important: The Pennsylvania McDonald's had private security at the location Tuesday as it saw an increased influx of customers and media. &nbsp;
Regulars at the location thought Mangione looked familiar and their conversation heard by an employee prompted the employee to call police.
"A guy came in the door, and I didn't really look at him, I thought everyone was kidding around. The one guy said, ‘That looks like the shooter from New York,'" a witness named Larry <a href="https://www.cbsnews.com/newyork/news/luigi-mangione-altoona-mcdonalds-witness/">told </a>CBS News.
The employee recognized Mangione while taking his order, according to the report.
McDonald's workers have said they are worried about their safety after Mangione's arrest. The Altoona Police Department, which arrested Mangione, has also received death threats, according to the report.
The sympathy that has shifted towards Mangione since his arrest comes with his social media accounts on Instagram and Facebook, which are owned by Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)<a href="https://www.benzinga.com/general/social-media/24/12/42406434/meta-and-youtube-remove-accounts-of-luigi-mangione-but-x-reinstates-profile-elon-musk-says-happened-without-my-knowledge"> being shut down</a>. YouTube also deleted several channels linked to Mangione.
An account <a href="https://x.com/PepMangione">linked </a>to Mangione on X, a social media platform owned by Elon Musk, was shut down before being reinstated as Musk said he was "looking into it."
Mangione's account on X went from having under 1,000 followers to more than 300,000 at the time of writing. The last post made by Mangione was a retweet in June 2024 with his last original post made on May 14, 2024.
The May 14, 2024 post, now having millions of impressions, was centered on cellular agriculture and mentioned the company Agronomics Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AGNMF#OTC">AGNMF</a>), a penny stock that has seen a sizable boost to its share price this week.
The X account for Mangione was unverified on Monday, but is now verified Tuesday with users questioning who paid for or approved of the blue check and asking if the suspect will receive revenue similar to other accounts on the platform. 
A meme coin called Luigi was also launched and saw sizable action on Monday and Tuesday.
Users have also flocked to the GoodReads account reportedly belonging to Mangione. The profile features a reading history of books on back pain and a four-star review of the manifesto of Ted Kaczynski, also known as the Unabomber.
GoodReads, which is owned by Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) could end up a potential winner in the increased traffic related to Mangione on the site.
Read Next: 
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<li><a href="https://www.benzinga.com/news/legal/24/12/42418763/unitedhealthcare-ceo-murder-suspect-chronic-pain-unabomber-fascination-isolation-details-emerge">UnitedHealthcare CEO Murder Suspect: Chronic Pain, Unabomber Fascination, Isolation Details Emerge</a></li>
</ul>
Photo: Shutterstock

News

Restaurants

Media

Insurance

AGNMF

AMZN

GOOG

GOOGL

YELP

Pennsylvania McDonald's Where UnitedHealthcare CEO Murder Suspect Arrested Gets Review Bombed: 'More Like Narc-Donalds'

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.yelp.com%2F&amp;esheet=54164509&amp;newsitemid=20241210611703&amp;lan=en-US&amp;anchor=Yelp+Inc.&amp;index=1&amp;md5=4f7f6f52c6a0c31b231e4625ec12af41">Yelp Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>), the company that connects people with great local businesses, today announced its <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fblog.yelp.com%2Fnews%2Fend-of-year-product-release-2024%2F&amp;esheet=54164509&amp;newsitemid=20241210611703&amp;lan=en-US&amp;anchor=end-of-year+product+release&amp;index=2&amp;md5=93207835eb18bd6e8edffd6af9d6932b">end-of-year product release</a> featuring more than 20 new updates designed to enhance the user experience for both consumers and business owners. Yelp's latest product release includes AI-driven features, such as Review Insights that surface reviewer sentiment for common topics, a personalized home feed with even more user content, and enhancements to <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fblog.yelp.com%2Fnews%2Fspring-product-release-2024%2F&amp;esheet=54164509&amp;newsitemid=20241210611703&amp;lan=en-US&amp;anchor=Yelp+Assistant&amp;index=3&amp;md5=c8ea96b25d478965f106fad3b91d5071">Yelp Assistant</a>, the AI chatbot that connects consumers with service pros. Yelp also announced AI-powered improvements to the business owner experience with features like job summaries that help manage their inbox and a smart selection tool that automatically optimizes ad performance.

Yelp Rolls Out Over 20 New Updates, Including AI Tools for Personalized Feeds and Ad Management

Disclosed on November 13, Carmen Amara, Chief People Officer at Yelp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001345016/000191974724000009//Archives/edgar/data/1345016/000191974724000009/0001919747-24-000009-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday, Amara sold 12,854 shares of Yelp. The total transaction value is $490,612.
Yelp shares are trading down 0.22% at $36.81 at the time of this writing on Thursday morning.
<h3>Discovering Yelp: A Closer Look</h3>
Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.
<h3>Understanding the Numbers: Yelp's Finances</h3>
Revenue Growth: Yelp's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 0.93%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 91.01%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Yelp's EPS is below the industry average. The company faced challenges with a current EPS of 0.57. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.07.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 22.49, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.91, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 11.65 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Cracking Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001345016">Check Out The Full List Of Yelp's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Insider Unloading: Carmen Amara Sells $490K Worth Of Yelp Shares

Analysts' ratings for Yelp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $35.0, a high estimate of $38.00, and a low estimate of $30.00. Highlighting a 14.63% decrease, the current average has fallen from the previous average price target of $41.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1731096150_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The analysis of recent analyst actions sheds light on the perception of Yelp by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Colin Sebastian</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$37.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$38.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Nitin Bansal</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Underperform</td>
<td>$30.00</td>
<td>-</td>
</tr>
<tr>
<td>Cory Carpenter</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$35.00</td>
<td>$38.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Yelp. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Yelp compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Yelp's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Yelp's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/YELP/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Yelp analyst ratings.</a>
<h2>All You Need to Know About Yelp</h2>
Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.
<h3>Yelp: Delving into Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Yelp's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 5.9%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 10.65%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Yelp's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.22% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 3.88%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.09.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

4 Analysts Assess Yelp: What You Need To Know

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Piper Sandler boosted The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) price target from $110 to $140. Piper Sandler analyst Matt Farrell reiterated an Overweight rating. Trade Desk shares closed at $132.53 on Wednesday. See how other analysts view this stock.</li>
<li>Scotiabank raised the price target for Cloudflare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) from $85 to $87. Scotiabank analyst Patrick Colville maintained a Sector Perform rating. Cloudflare shares closed at $95.66 on Thursday. <a href="https://www.benzinga.com/quote/NET/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo raised the price target for Doximity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>) from $19 to $41. Wells Fargo analyst Stan Berenshteyn upgraded the stock from Underweight to Equal-Weight. Doximity shares closed at $43.42 on Thursday. <a href="https://www.benzinga.com/quote/DOCS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird cut Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) price target from $39 to $37. Baird analyst Colin Sebastian maintained a Neutral rating. Yelp shares settled at $36.37 on Thursday. <a href="https://www.benzinga.com/quote/YELP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Telsey Advisory Group raised Lowe&#8217;s Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) price target from $275 to $305. Telsey Advisory Group analyst Joseph Feldman upgraded the stock from Market Perform to Outperform. Lowe&#8217;s shares closed at $266.30 on Thursday. <a href="https://www.benzinga.com/quote/LOW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird boosted Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) price target from $80 to $88. Baird analyst Shrenik Kothari maintained an Outperform rating. Fortinet shares closed at $83.68 on Thursday. <a href="https://www.benzinga.com/quote/FTNT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup raised the price target for Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) from $28 to $40. Citigroup analyst Steven Zaccone upgraded the stock from Neutral to Buy. Chewy shares settled at $30.79 on Thursday. <a href="https://www.benzinga.com/quote/CHWY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler raised Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) price target from $230 to $280. Piper Sandler analyst Brent Bracelin maintained an Overweight rating. Veeva shares closed at $223.39 on Thursday. <a href="https://www.benzinga.com/quote/VEEV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel raised the price target for Orthofix Medical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OFIX#NASDAQ">OFIX</a>) from $18 to $24. Stifel analyst Mathew Blackman upgraded the stock from Hold to Buy. Orthofix Medical shares closed at $18.22 on Thursday. <a href="https://www.benzinga.com/quote/OFUX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird increased Under Armour, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) price target from $8 to $10. Baird analyst Jonathan Komp maintained a Neutral rating. Under Armour shares closed at $11.13 on Thursday. <a href="https://www.benzinga.com/quote/UAA/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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Lowe's To Rally Around 15%? Here Are 10 Top Analyst Forecasts For Friday

Baird analyst Colin Sebastian maintains Yelp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) with a Neutral and lowers the price target from $39 to $37.

Baird Maintains Neutral on Yelp, Lowers Price Target to $37

Yelp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.42 by 33.33 percent. The company reported quarterly sales of $360.00 million which missed the analyst consensus estimate of $360.39 million by 0.11 percent. This is a 4.31 percent increase over sales of $345.12 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Yelp Q3 2024 Adj EPS $0.56 Beats $0.42 Estimate, Sales $360.00M Miss $360.39M Estimate

Former President Donald Trump completed a short stint working at a McDonald's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) restaurant in the key swing state of <a href="https://www.benzinga.com/general/politics/24/10/41365306/trump-to-ask-would-you-like-fries-with-that-mcdonalds-fry-cook-stint-included-in-swing-state-cam">Pennsylvania on Oct. 20.</a>
Fans and critics of Trump took to review site Yelp Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) to leave reviews of the restaurant. Here's the best of the more than 100 one-star and five-star reviews. 
What Happened: Trump working the fry stations and drive-thru window at a franchised Pennsylvania McDonald's restaurant<a href="https://www.benzinga.com/general/politics/24/10/41434014/donald-trump-would-have-to-work-at-pennsylvania-mcdonalds-for-14-5-years-to-equal-presidential-s"> prompted the large restaurant company</a> to make a statement about not endorsing candidates.
While McDonald's statement may be to fend off the politicization of the fast-food company, another company had to take action after the Trump visit.
Yelp temporarily turned off the ability to leave <a href="https://www.yelp.com/biz/mcdonalds-feasterville">reviews </a>for the Feasterville-Trevose McDonald's location in Pennsylvania.
"Unusual Activity Alert. This business recently received increased public attention, which often means people come to this page to post their views on the news. While we don't take a stand one way or the other when it comes to this incident, we've temporarily disabled the posting of content to this page as we work to investigate whether the content you see here reflects actual consumer experiences rather than the recent events," a pop-up from Yelp reads.
The warning tells people seeking to leave a real first-hand review to wait for a later date.
"When we see the activity dramatically decrease or stop, our moderators will clean up the page so reviews describing only firsthand consumer experiences are reflected," Yelp's Vice President of User Operations Noorie Malik <a href="https://www.wsj.com/livecoverage/harris-trump-election-10-23-2024/card/pennsylvania-mcdonald-s-where-trump-visited-gets-review-bombed-on-yelp-niFTn1xqSpYCkwJCyWE2">told </a>the Wall Street Journal.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent102324">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
The Reviews: The Yelp page shows an average rating of two stars out of five stars for the McDonald's location with many one-star reviews left after Trump's appearance. The location also saw a higher rate of five-star reviews after Trump's appearance.
Many of the reviews came from people that do not list Pennsylvania as their home state and could see their comments deleted in the coming days. Here's some of the highlighted one-star and five-star ratings for your viewing pleasure.
1-star reviews:
<ul>
<li>"Fire that smelly old man cursing at the fryer! Employees seem extremely angry and confused like he didn't really know where he was."</li>
<li>"Customer service was a joke. Senile old man got bronzer on my fries, didn't wear gloves. Repeated himself several times."</li>
<li>"The incoherent old guy working the window was slurring his words and refused to give us our change."</li>
<li>"Warning do not eat at this location. The franchisee is a known cult 45 member only to do a photo op with a convicted felon on premises."</li>
<li>"Some older man, seemed new, just kept rambling incoherent sentences."</li>
<li>"The fries were too salty as if someone who lost a major election had been crying over them for an hour."</li>
<li>"This is elderly abuse making an old man with dementia make fries repeatedly."</li>
</ul>
5-star reviews:
<ul>
<li>"The best McDonald's I've ever been to in 47 years. The older employee was extremely nice. Make McDonald's Great Again!"</li>
<li>"I'd like to highlight the new senior hire. He was so pleasant and genuinely looked happy to work there. I'm definitely coming back."</li>
<li>"Amazing service! Thank you to the fry cook! My fries were fresh and hot! He even fixed the McFlurry machine! 10/10."</li>
<li>"Great service. Super friendly. The best tasting fries I've ever had at McDonald's. Highly recommend this location."</li>
<li>"The fries here are amazing…they taste great, fried to perfection by one the most competent, most proven fry cooks in decades. Common sense fry policies make the taste great again…"</li>
</ul>
In total, over 100 reviews were left after Trump's visit. It's highly possible that the large majority of the reviews came from people who have never been to the McDonald's location in the small town with a population of less than 7,000 people.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/10/41459660/exclusive-donald-trump-working-at-mcdonalds-could-boost-favorable-ratings-30-of-benzinga-readers">EXCLUSIVE: Donald Trump Working At McDonald&#8217;s Could Boost Favorable Ratings, 30% Of Benzinga Readers View Former President Better Now</a></li>
</ul>
Photos: McDonald&#8217;s French Fries, photo by New Africa via Shutterstock; Trump via Shutterstock

Entertainment

Politics

McDonald's Where Trump Worked Review-Bombed On Yelp: 'Fries Too Salty As If Someone Who Lost A Major Election Had Been Crying Over Them'

In the preceding three months, 4 analysts have released ratings for Yelp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>), presenting a wide array of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Yelp, revealing an average target of $34.25, a high estimate of $38.00, and a low estimate of $30.00. This current average represents a 11.43% decrease from the previous average price target of $38.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1728925233_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Yelp is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$38.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Nitin Bansal</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Underperform</td>
<td>$30.00</td>
<td>-</td>
</tr>
<tr>
<td>Cory Carpenter</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$35.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Underweight</td>
<td>$34.00</td>
<td>$32.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Yelp. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Yelp compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Yelp's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Yelp's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/YELP/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Yelp analyst ratings.</a>
<h2>Get to Know Yelp Better</h2>
Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.
<h3>Yelp: Financial Performance Dissected</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Yelp's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.9% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Net Margin: Yelp's net margin excels beyond industry benchmarks, reaching 10.65%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Yelp's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.22% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Yelp's ROA excels beyond industry benchmarks, reaching 3.88%. This signifies efficient management of assets and strong financial health.
Debt Management: Yelp's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.09.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Yelp Stands With Analysts

Goldman Sachs analyst Eric Sheridan downgrades Yelp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) from Buy to Neutral and lowers the price target from $46 to $38.

Downgrades

Goldman Sachs Downgrades Yelp to Neutral, Lowers Price Target to $38

Groupon, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grpn#NASDAQ">GRPN</a>) has seen its stock decline 25.2% year to date (YTD) against the Zacks Internet-Commerce industry&#39;s growth of 22.9%, the broader retail sector&#39;s return of 19.4% and the S&amp;P 500 index&#39;s rally of 20%.
GRPN, which has emerged as a two-sided global marketplace company, has been suffering from its weakening momentum in the international market. Unexpected site stability issues related to its cloud migration project have also been heavily affecting the company&#39;s performance.
Groupon&#39;s business model makes it heavily dependent on daily deals, which is a major headwind. Since most of the offerings are consumer discretionary products, demand is heavily dependent on macroeconomic conditions. Given this, the ongoing market uncertainties, persistent inflation, looming recessionary fears, changing consumer demand and spending patterns are dampening the company&#39;s near-term prospects.
<h2>Year-to-Date Price Performance</h2>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/40/80256.jpg?v=610392595" style="border-style:solid; border-width:1px" />
Image Source: Zacks Investment Research
GRPN&#39;s bearish guidance is a negative. For 2024, the company expects revenues between $495 million and $515 million, indicating a year-over-year change between (4%) and 0%. The Zacks Consensus Estimates for 2024 revenues is pegged at $514.51 million, implying a year-over-year decline of 0.1%.
The company operates in a highly competitive market, wherein it faces significant competition from the likes of Yelp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yelp#NYSE">YELP</a>), Rakuten, Travelzoo (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tzoo#NASDAQ">TZOO</a>) and Wowcher.
Groupon&#39;s solid momentum in its marketplace platform and strength in its e-commerce business model are major positives. Its large-scale global operations and growing relationship with third-party merchants reflect the company&#39;s upside potential, which bodes well for its long-term prospects.
Given the YTD dip in GRPN shares, investors are questioning whether this is the right time to buy the stock. Let us explore this in more detail.
<h2>E-commerce Strategies to Drive GRPN&#39;s Prospects</h2>
Groupon, through its e-commerce platform, offers numerous deals that can be accessed by users anywhere at any time.
GRPN&#39;s strategy to build a trusted marketplace, wherein customers purchase local services and experiences, is a major positive. For this, the company&#39;s growing efforts to build long-term relationships with local merchants to strengthen its inventory selection remain noteworthy.
It strives to deliver enhanced customer experience through inventory curation and improved convenience in order to boost purchase frequency on its platform.
To strengthen the platform, the company is lifting restrictions on its deeply discounted deals and is enabling customers to purchase such deals more than once to improve the frequency and drive growth in billings.
Growing momentum across the North America region has been driving growth in the company&#39;s Local segment, which contributes the most to GRPN&#39;s total revenues and remains crucial for its e-commerce business. In second-quarter 2024, Local revenues were $114.1 million (92% of total revenues), driven by North America Local revenues, which grew 7.3% year over year.
Groupon&#39;s long-term prospects rest upon its ability to offer more innovative products and build a broader Local e-commerce platform.&nbsp;
The company&#39;s strengthening supply drivers for North America Local are tailwinds. Groupon is witnessing growing traction among large enterprise merchants, thanks to expanding 
relationships with existing partners, and the addition of brands to the platform.
GRPN&#39;s initiatives to remove lower-quality deals from its site that do not align with the brand promise are a plus. Groupon also made substantial progress in curating its deals, with an enhanced presentation, improved deal copy and better images.
Solid demand for family-friendly activities, ranging from trampoline parks and bowling alleys to amusement parks and water parks, is another positive. The company expects to see continued growth in these areas in the days ahead.
Growing momentum in Groupon&#39;s latest initiative called Flash Sale, which was tested first in first-quarter 2024 with one enterprise merchant, is noteworthy. The Flash Sale concept boosted its performance and, hence, the company expanded this program in second-quarter 2024, running over a dozen flash sales with existing merchants to drive performance and boost engagement on its site. Although the initiative is fresh and new, it reflects the company&#39;s potential to expand its business by developing products to cross-sell and up-sell into its supply base.
Groupon&#39;s AI initiative is a major plus. AI integration has enabled it to improve the copywriting of its deals and deal creation process. It leverages AI on projects in product and engineering to improve deal recommendation and quality assurance. Improvements in enterprise sales organization and process changes, combined with value proposition changes, continue to contribute to growth in its enterprise accounts.
<h2>Upward Earnings Trend Paints Bright Picture for GRPN</h2>
Investors are turning bullish about Groupon&#39;s upside potential, which is reflected in the upward revisions in earnings estimates.
For 2024, the Zacks Consensus Estimate for earnings is pegged at 47 cents per share, whereas the company reported a 2023 loss of 52 cents. The estimate has been revised upward by 56.7% over the past 60 days.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/fa/80258.jpg?v=1264508241" style="border-style:solid; border-width:1px" />
Image Source: Zacks Investment Research
<h2>Attractive Valuation: A Silver Lining for GRPN</h2>
Groupon is currently trading at a discount with a forward 12-month Price/Sales of 0.7X compared with the industry&#39;s 1.72X and lower than the median of 0.84X. This indicates an excellent opportunity for investors.
GRPN also has a Value Score of B, which is hard to ignore.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/56/80257.jpg?v=1027816364" style="border-style:solid; border-width:1px" />
Image Source: Zacks Investment Research
<h2>Conclusion</h2>
Despite near-term hurdles, Groupon&#39;s strong marketplace, robust e-commerce business model, growing merchants base and solid supply drivers present a solid investment opportunity for growth-seeking investors.
Its attractive valuation and Growth Score of A make a compelling case for buying the GRPN stock at its current levels.
Groupon sports a Zacks Rank #1 (Strong Buy) at present.
<a href="https://www.zacks.com/stock/news/2345645/groupon-shares-decline-25-2-ytd-should-you-buy-the-dip-right-now?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2345645">To read this article on Zacks.com click here.</a>

Mid Cap

Guidance

Retail Sales

Small Cap

Tech

GRPN

TZOO

Groupon Shares Decline 25.2% YTD: Should You Buy the Dip Right Now?

Yelp Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) filed an <a href="https://www.benzinga.com/markets/equities/24/08/40618625/yelp-launches-antitrust-battle-against-google-after-federal-ruling-declares-search-giant-a-monop">antitrust lawsuit against</a> Alphabet Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) subsidiary Google in August. According to BofA Securities, growing competition from online food delivery platforms is expected to keep putting pressure on Yelp&#8217;s growth.
Analyst Nitin Bansal initiated coverage of Yelp with an Underperform rating and a price target of $30.
The Yelp Thesis: Yelp&#8217;s usage is declining, as is evident from the platform&#8217;s shrinking user base, Bansal said in the initiation note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
According to Sensor Tower, Yelp mobile MAUs (monthly active users) have contracted by 70% since 2018 and are down 5% year to date, with the BrightLocal survey suggesting that alternate review platforms like Instagram and TikTok are becoming more popular, he added.
"The company also faces strong competition from Google that creates challenges in growing review share," the analyst wrote. He further stated that increasing competition in the Restaurant, Retail &amp; Other segment, which accounts for roughly a third of the company's total revenues, will continue to impact the platform&#8217;s growth outlook.
"We see downside risk to Street&#8217;s 2025/26 estimates and expect downward revisions to pressure multiple," Bansal said.
YELP Price Action: Shares of Yelp were down 3.1% to $33.35 at the time of publication on Monday.
Read More:<a href="https://www.benzinga.com/government/24/08/40169996/alphabet-loses-antitrust-suit-over-google-search-dominance-report"></a> <a href="https://www.benzinga.com/government/24/08/40169996/alphabet-loses-antitrust-suit-over-google-search-dominance-report">Alphabet Loses Antitrust Suit Over Google Search Dominance: Report</a>
Photo: Shutterstock

Initiation

Yelp Faces Uphill Battle As Instagram, TikTok Take Over Review Space, Analyst Says

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e2ae9e3430dee0001c80e0c/cody-acree">Benchmark analyst Cody Acree</a> initiated coverage on Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) with a Hold rating. ARM Holdings shares gained 5.9% to close at $147.37 on Friday. <a href="https://www.benzinga.com/quote/ARM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>EF Hutton analyst Jason Kolbert initiated coverage on Immunic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMUX#NASDAQ">IMUX</a>) with a Buy rating and announced a price target of $17. Immunic shares gained 2% to close at $1.52 on Friday. <a href="https://www.benzinga.com/quote/imux/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Amy Li initiated coverage on Biohaven Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHVN#NYSE">BHVN</a>) with a Buy rating and announced a price target of $57. Biohaven shares gained 6.5% to close at $38.08 on Friday.<a href="https://www.benzinga.com/quote/bhvn/analyst-ratings"> See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/591ed97f290fa70001e6c6a4/mohit-bansal">B of A Securities analyst Nitin Bansal</a> initiated coverage on Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) with an Underperform rating and announced a price target of $30. Yelp shares gained 2.2% to close at $34.44 on Friday.<a href="https://www.benzinga.com/quote/yelp/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. analyst Raghuram Selvaraju initiated coverage on Coya Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COYA#NASDAQ">COYA</a>) with a Buy rating and announced a price target of $18. Coya Therapeutics shares rose 7.4% to close at $6.40 on Friday. <a href="https://www.benzinga.com/quote/coya/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying YELP stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="588" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/image-121-1024x588.png" alt="" class="wp-image-549567" style="width:648px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/image-121-1024x588.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/image-121-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/image-121-768x441.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/image-121.png 1195w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/24/09/40860420/jim-cramer-hold-on-to-builders-firstsource-heres-the-problem-with-viking-therapeutics">Jim Cramer: &#8216;Hold On&#8217; To Builders FirstSource, &#8216;Here&#8217;s The Problem&#8217; With Viking Therapeutics</a></li>
</ul>

BHVN

COYA

IMUX

This Yelp Analyst Begins Coverage On A Bearish Note; Here Are Top 5 Initiations For Monday

B of A Securities analyst Nitin Bansal initiates coverage on Yelp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) with a Underperform rating and announces Price Target of $30.

B of A Securities Initiates Coverage On Yelp with Underperform Rating, Announces Price Target of $30

Vice President Kamala Harris has reportedly received public endorsements from eighty-eight current and former top executives across corporate America for her presidential bid.
What Happened: In an endorsement letter, shared exclusively with CNBC, suggests that electing Harris as president would be the &#8220;best way to support the continued strength, security, and reliability of our democracy and economy.&#8221; The endorsers believe that Harris would &#8220;continue to advance fair and predictable policies that support the rule of law, stability, and a sound business environment.&#8221;
The list of endorsers includes high-profile CEOs of public companies like Aaron Levie of Box Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>), Jeremy Stoppelman of Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>), and Michael Lynton, chairman of Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>), CNBC <a href="https://www.cnbc.com/2024/09/06/harris-endorsed-trump-murdoch-yelp-snap-ripple.html">reported</a> on Friday.
Other notable figures endorsing Harris for the first time include James Murdoch, former CEO of 21st Century Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>), and Chris Larsen, co-founder of the Ripple (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>). The list also includes prominent philanthropists, private equity billionaires, and sports magnates.
See Also: <a href="https://www.benzinga.com/news/24/09/40700524/mark-cuban-tells-elon-musk-delete-your-account-after-tech-billionaire-calls-tucker-carlsons-latest-e?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Tells Elon Musk &#8216;Delete Your Account&#8217; After Tech Billionaire Calls Tucker Carlson&#8217;s Latest Episode On WW2 And Churchill &#8216;Worth Watching&#8217;</a>
Why It Matters: The endorsement from these business leaders comes at a crucial time as Harris has recently proposed several tax reforms that have stirred discussions in the business community. Harris announced a plan to <a href="https://www.benzinga.com/news/24/08/40650939/kamala-harris-wants-to-tax-the-ultra-wealthy-with-unrealized-gains-tax-leaving-silicon-valley-unsett">tax the ultra-wealthy</a> through an unrealized gains tax, causing unease among Silicon Valley investors. 
Additionally, Harris has proposed raising the <a href="https://www.benzinga.com/government/24/08/40451351/kamala-harris-wants-to-raise-corporate-tax-rate-to-28-erasing-part-of-trumps-signature-tax-cuts">corporate tax rate</a> to 28%, rolling back part of former President Donald Trump&#8217;s 2017 tax cuts. This proposal was revealed on Aug. 19 and aims to increase federal revenue.
On Sep. 4, Harris unveiled a new tax plan targeting <a href="https://www.benzinga.com/news/24/09/40722526/kamala-harris-reveals-28-capital-gains-tax-for-high-earners-toning-down-bidens-proposed-rates-ahead">long-term capital gains</a>, setting the rate at 28% for high earners. This move is seen as a softer approach compared to President Joe Biden&#8216;s previously proposed rates. 
Moreover, Harris has<a href="https://www.benzinga.com/markets/24/08/40113420/mark-cuban-and-other-venture-capitalists-pledge-support-for-kamala-harris-whos-on-the-list"> already received support</a> from notable venture capitalists, including LinkedIn co-founder Reid Hoffman and others.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40686379/trump-vs-harris-veteran-pollster-nate-silver-says-vice-president-slight-underdog-to-win-the-white-ho?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Harris: Veteran Pollster Nate Silver Says Vice President &#8216;Slight Underdog To Win The White House&#8217; Due To 3 Factors But This &#8216;Disruptive Event&#8217; Could Turn Things Around</a></li>
</ul>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

General

$XRP

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SNAP

Kamala Harris Receives Backing From 88 Corporate Leaders in Presidential Bid Against Trump: Report

Yelp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yelp#NYSE">YELP</a>) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
A company&#39;s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Yelp is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
<h2>Most Powerful Force Impacting Stock Prices</h2>
The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That&#39;s partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
For Yelp, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company&#39;s underlying business. And investors&#39; appreciation of this improving business trend should push the stock higher.
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
<h2>Earnings Estimate Revisions for Yelp</h2>
For the fiscal year ending December 2024, this online business reviews company is expected to earn $1.65 per share, which is a change of 22.2% from the year-ago reported number.
Analysts have been steadily raising their estimates for Yelp. Over the past three months, the Zacks Consensus Estimate for the company has increased 18.4%.
<h2>Bottom Line</h2>
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
The upgrade of Yelp to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
<a href="https://www.zacks.com/stock/news/2331630/yelp-yelp-upgraded-to-strong-buy-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2331630">To read this article on Zacks.com click here.</a>

Upgrades

Yelp Upgraded to Strong Buy: Here's Why

Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) has filed an antitrust lawsuit against Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary Google, following a recent federal ruling that <a href="https://www.benzinga.com/government/24/08/40169996/alphabet-loses-antitrust-suit-over-google-search-dominance-report">labeled Google as an illegal monopolist</a>.
What Happened: Yelp accuses Google of maintaining its monopoly in local search services by favoring its vertical over competitors&#8217;. This, according to Yelp, has harmed competition and degraded the quality of local search services.
The lawsuit, <a href="https://trust.yelp.com/wp-content/uploads/2024/08/Yelp-v.-Google-Complaint-August-28-2024.pdf">filed</a> in the Northern District of California, demands that Google cease its allegedly anticompetitive conduct and seeks damages. Yelp has requested a jury trial.
&#8220;Google, the largest information gatekeeper in existence, abandoning its stated mission to deliver the best information available to its consumers and instead forcing its own low-quality local search content on them. Google's scheme prevents businesses from reaching customers without paying Google and starves competitors of the traffic and revenues that would allow them to achieve scale and pose a competitive constraint on Google's conduct,&#8221; the court filing said. 
Yelp&#8217;s CEO, Jeremy Stoppelman, <a href="https://www.nytimes.com/2024/08/28/technology/google-yelp-lawsuit.html?partner=slack&amp;smid=sl-share">told</a> The New York Times that the recent United States Department of Justice victory against Google&#8217;s exclusionary practices emboldened Yelp to file the lawsuit. Stoppelman noted a significant shift in antitrust enforcement.
Google spokesperson Peter Schottenfels dismissed Yelp&#8217;s claims as &#8220;not new,&#8221; stating that similar claims were previously rejected by the Federal Trade Commission and a judge in the DOJ&#8217;s case, the report said.
Yelp <a href="https://blog.yelp.com/news/yelp-v-google/">argues</a> that Google&#8217;s behavior ultimately harms consumers and advertisers by stifling competition and allowing Google to charge higher fees with minimal consequences.
&#8220;With&nbsp;our action, we aim to safeguard competition, protect consumer choice, recover damages, and prevent Google from engaging in anticompetitive practices so that innovation may flourish,&#8221; Stoppelman <a href="https://blog.yelp.com/news/yelp-v-google/">said</a> in a blog post. 
See Also: <a href="https://www.benzinga.com/news/24/08/40568404/google-chrome-to-trigger-vibrations-on-your-smartphone-when-you-do-this?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Google Chrome To Trigger Vibrations On Your Smartphone When You Do This</a>
Why It Matters: The lawsuit comes on the heels of a landmark ruling where a federal judge found <a href="https://www.benzinga.com/government/24/08/40169996/alphabet-loses-antitrust-suit-over-google-search-dominance-report">Google guilty of monopolistic practices</a> in the search engine market. The ruling, which determined that Google&#8217;s payments to make its search engine the default on smartphones violated antitrust laws, has set a precedent for other tech giants.
However, legal experts are divided on whether this ruling will impact ongoing antitrust cases against <a href="https://www.benzinga.com/markets/equities/24/08/40201751/will-google-antitrust-decision-affect-ongoing-lawsuits-against-apple-and-meta-legal-experts-are-">other major companies</a> like Apple Inc. and Meta Platforms Inc. Some believe it could influence similar lawsuits, while others remain skeptical.
Despite the ruling, analysts like Wedbush's Dan Ives suggest that a breakup of major tech companies is <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40366001/big-tech-breakup-highly-unlikely-despite-googles-doj-antitrust-setback-says-wedbush">highly unlikely</a>. However, regulatory scrutiny is expected to increase, potentially leading to significant changes in business practices.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/08/40594137/heres-what-nvidias-jensen-huang-had-to-say-about-amd-ceo-and-his-cousin-lisa-su?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Here&#8217;s What Nvidia&#8217;s Jensen Huang Had To Say About AMD CEO And His Cousin Lisa Su</a></li>
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Image via Unsplash
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Equities

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AAPL

Yelp Launches Antitrust Battle Against Google After Federal Ruling Declares Search Giant A Monopolist

Wall Street Journal Reports Yelp Files Federal Antitrust Lawsuit Against Google In San Francisco; Suit Alleges Google Has Illegally Abused Monopoly In General Search To Dominate Local Search, Local Search Advertising Markets

JP Morgan analyst Cory Carpenter maintains Yelp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) with a Neutral and lowers the price target from $38 to $35.

JP Morgan Maintains Neutral on Yelp, Lowers Price Target to $35

After a blistering Thursday that saw the S&amp;P 500 close with its best session in nearly two years — up 2.3% — Wall Street&#8217;s price action turned sluggish on a Friday lacking <a href="https://www.benzinga.com/topic/interest-rates">market-moving economic events.</a>
By midday in New York, major indices were slightly positive or hovering around the flat line, signaling a slowdown in the bullish sentiment compared to the previous session.
Since the beginning of the week, the S&amp;P 500 is down 0.5%, with a few hours of trading left to determine whether the U.S. stock market can avoid closing in the red for the fourth consecutive week.
Meanwhile, there's a renewed demand for long-dated U.S. Treasury bonds, with yields declining by about 6 basis points on both the 10-year and 30-year notes. As a result, the popular iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) rallied 1%, snapping a three-session losing streak.
The dollar slightly weakened, slipping 0.5% against the Japanese yen after three consecutive days of gains.
Traders now see nearly equal odds of a 50-basis-point or a 25-basis-point rate cut by the Federal Reserve in September, according to the CME Group&#8217;s FedWatch tool.
In commodities, oil is up 0.7%, with West Texas Intermediate (WTI) light crude poised for its third consecutive session of gains.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) plunged 2% after rallying nearly 12%, marking its best-performing day since February 2022.
<h1 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices </td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,329.24</td>
<td>0.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,426.22</td>
<td>0.1 %</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,435.12</td>
<td>0.0%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,075.91</td>
<td>-0.5%</td>
</tr>
</tbody>
</table>
</figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080924&amp;t=be2bearmibe3na1">Benzinga Pro</a> data: 
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.2% to $531.66.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;was flat at $394.74.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.2% higher to $448.94.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.5% to $205.88.</li>
<li>The Health Care Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) outperformed, up by 0.4%. The Industrial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down by 0.2%.</li>
</ul>
<h1 class="wp-block-heading">Friday&#8217;s Stock Movers</h1>
<ul>
<li>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) climbed 1.5%, building on the previous day&#8217;s 11% surge following the announcement of a partnership with Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) to deliver advanced cloud, artificial intelligence, and analytics capabilities to U.S. defense and intelligence agencies. Shares of Palantir are on track to close at the highest level since February 2021.</li>
<li>Eli Lilly &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) surged over 6% after several investment banks raised their price targets, following a strong earnings report last quarter. </li>
<li>Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) declined over 1% after revealing plans for thousands of job cuts, marking its second round of layoffs this year, as the company redirects its focus toward fast-growing sectors such as cybersecurity and artificial intelligence, Reuters reported.</li>
</ul>
Stocks reacting to company earnings are:
<ul>
<li>Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) up 10%,</li>
<li>CarGurus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARG#NASDAQ">CARG</a>) up 18%, </li>
<li>Dropbox, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBX#NASDAQ">DBX</a>) up 2.3%,</li>
<li>elf Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) down 15%,</li>
<li>Evergy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVRG#NASDAQ">EVRG</a>) down 0.7%,</li>
<li>Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) up 9%,</li>
<li>Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) down 26%,</li>
<li>Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>) down 3%,</li>
<li>Insulet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>) down over 7%,</li>
<li>New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>) down 26%,</li>
<li>Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) up 0.5%,</li>
<li>Take-Two Interactive Software, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>) up 2.5%,</li>
<li>Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) up 9.7%,</li>
<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) up 11%,</li>
<li>Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>) up 2.6%. </li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40284699/wall-street-shifts-to-bossing-the-fed-into-big-rate-cuts-after-bank-of-japans-polic">Wall Street Shifts To &#8216;Bossing The Fed Into Big Rate Cuts&#8217; After Bank Of Japan&#8217;s Policy U-Turn, Analyst Says</a></li>
</ul>
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Wall Street Momentum Stalls After Thursday's Rally, Palantir Jumps To 3-Year Highs, Bonds Rally: What's Driving Markets Friday?

Goldman Sachs raised the firm's price target on Yelp (YELP) to $40 from $38 and keeps a Neutral rating on the shares. The company produced a solid ...

Yelp price target raised to $40 from $38 at Goldman Sachs

Evercore ISI analyst Jian Li maintained a Hold rating on Yelp (YELP – Research Report) today and set a price target of $44.00. The company's shares...

Evercore ISI Keeps Their Hold Rating on Yelp (YELP)

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Yelp (YELP – Research Report). The company's shares closed yeste...

Yelp (YELP) Gets a Buy from Craig-Hallum

Short stock ideas from each sector with Earnings Quality in the bottom 20%

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The online platform industry is anticipated to be bolstered by advancements in AI and e-commerce with global internet usage and mobile penetration. Amid this, let's compare online platform stocks Yelp (YELP) and Match Group (MTCH) to analyze which online platform stock deserves attention. Read on to find out... Over the past two decades, the internet's profound impact has revolutionized various aspects of life, transforming how people live, shop, socialize, and find entertainment. <a href="https://www.marketsandmarkets.com/Market-Reports/ecommerce-platform-market-144705437.html">Technology adoption</a> on a large scale, rising internet usage, and widespread use of mobile phones have radically changed how people communicate and conduct business, resulting in considerable breakthroughs in e-commerce.
The rising need for AI-powered features, notable expansion in cross-border trade opportunities, and innovations of secure digital payment systems contribute to the growth of the global e-commerce market. The global e-commerce market is expected to grow at a <a href="https://www.imarcgroup.com/e-commerce-market">CAGR of 25.8%</a> by 2033.
Against this backdrop, let's compare two online platform stocks to analyze which stock deserves attention: Yelp Inc. (<a href="https://stocknews.com/stock/YELP/">YELP</a>) and Match Group, Inc. (<a href="https://stocknews.com/stock/MTCH/">MTCH</a>).
The Case for Yelp Inc. Stock
With a $2.61 billion market cap, Yelp Inc. (<a href="https://stocknews.com/stock/YELP/">YELP</a>) operates a platform that connects consumers with local businesses in the United States and internationally. Its 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.
On November 26, 2024, YELP, the trusted platform that connects people with great local businesses, announced that it had completed its previously announced planned acquisition of RepairPal, an auto services platform, for approximately $80 million in cash, subject to customary post-closing adjustments. 
YELP's stock has gained 15.3% over the past three months to close the last trading session at $39.71.
YELP's 1.39x trailing-12-month asset turnover ratio is 182.5% higher than the 0.49x industry average. Also, its 12.04% trailing-12-month <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp">Return on Total Assets</a> is 561.7% higher than the 1.82% industry average.
YELP's net revenue for the third quarter, which ended on September 30, 2024, increased 4.4% year-over-year to $360.34 million. In addition, the company's net income was $38.44 million, or $0.56 per share. Its adjusted EBITDA stood at $101.36 million.
For the fourth quarter ending December 2024, YELP's revenue is expected to increase 2.2% year-over-year to $349.94 million. Its EPS for the ongoing quarter is expected to be $0.95. Moreover, the company surpassed revenue estimates in all the trailing four quarters, which is impressive.
YELP's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its promising outlook. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
The stock has an A grade for Growth and a B for Quality and Value. YELP is ranked first out of 51 stocks in the A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
In addition to the POWR Ratings I've just highlighted, you can see YELP's ratings for Momentum, Stability, and Sentiment <a href="https://stocknews.com/stock/YELP/">here</a>.
The Case for Match Group, Inc. Stock
Valued at $7.90 billion by market cap, Match Group, Inc. (<a href="https://stocknews.com/stock/MTCH/">MTCH</a>) engages in the provision of dating products. Its portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and Hakuna, as well as various other brands, each built to increase users' likelihood of connecting with others. 
Shares of MTCH have surged 2.3% over the past month but declined 10.2% over the three months to close the last trading session at $31.45.
In terms of the trailing-12-month CAPEX/Sales, MTCH's 1.73% is 52.7% lower than the 3.67% industry average. However, its 72.44% trailing-12-month gross profit margin is 38.6% higher than the 52.25% industry average.
MTCH's revenue increased 85.9% year-over-year to $895.48 million for the fiscal 2024 third quarter that ended September 30, 2024. Moreover, the company's net earnings came in at $136.48 million and $0.51 per share.
For the fourth quarter ending December 2024, MTCH's revenue is expected to decrease marginally year-over-year to $861.71 million. Its EPS for the ongoing quarter is expected to be $0.84. However, the company surpassed revenue and EPS estimates in three of the trailing four quarters.
MTCH's fundamentals are reflected in its POWR Ratings. The stock has an overall C rating, translating to Neutral in our proprietary rating system.
MTCH has a C grade for Momentum and Stability. It is ranked #28 in the same industry.
<a href="https://stocknews.com/stock/MTCH/">Click here</a> for the additional POWR Ratings for MTCH (Growth, Value, Sentiment, and Quality).
Yelp Inc. (YELP) vs. Match Group (MTCH): Which Online Platform Stock Deserves Your Attention?
The online platform industry is expected to grow significantly in the coming years, driven by increasing internet penetration, widespread adoption of smartphones, and advancements in digital technologies
Leading online platform companies YELP and MTCH stand to capitalize on the optimistic industry outlook. However, YELP's strong profitability might make it the better online platform stock pick.
Our research shows that the odds of success increase when one invests in stocks with an Overall Rating of Strong Buy or Buy. View all the top-rated stocks in the Internet industry <a href="https://stocknews.com/category/internet/">here</a>.
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MTCH shares were trading at $33.49 per share on Monday afternoon, up $2.04 (+6.49%). Year-to-date, MTCH has declined -8.25%, versus a 28.99% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/mtch-yelp-yelp-inc-yelp-vs-match-group-mtch-which-online-platform/>Yelp Inc. (YELP) vs. Match Group (MTCH): Which Online Platform Stock Deserves Your Attention?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Yelp Inc. (YELP) vs. Match Group (MTCH): Which Online Platform Stock Deserves Your Attention?

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