Morgan Stanley has adjusted its outlook for Yelp (YELP, Financial), reducing the price target from $35 to $30. Analyst Matthew Cost maintains an Underweight rating on the stock. This reevaluation is part of a broader revision of estimates for North American internet stocks, where the firm highlights the influence of macroeconomic factors and tariffs on e-commerce and digital advertising sectors.
The decision reflects growing concerns about how these external pressures could impact the performance of companies within this space, leading to a reassessment of potential growth and profitability.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Yelp Inc (YELP, Financial) is $38.00 with a high estimate of $48.00 and a low estimate of $30.00. The average target implies an upside of 13.26% from the current price of $33.55. More detailed estimate data can be found on the Yelp Inc (YELP) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Yelp Inc's (YELP, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Yelp Inc (YELP, Financial) in one year is $45.21, suggesting a upside of 34.75% from the current price of $33.55. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Yelp Inc (YELP) Summary page.
