Yelp Inc Stock Price, News & Analysis

Yelp (NYSE: YELP) reported strong Q1 2025 financial results, with net revenue increasing 8% YoY to $359 million and net income surging 72% YoY to $24 million. The company's services business maintained momentum with a 14% YoY revenue growth, marking its 16th consecutive quarter of double-digit growth. Adjusted EBITDA grew 32% YoY to $85 million, exceeding expectations by $15 million. Yelp introduced 15 new features to enhance user experience and business operations efficiency. The company updated its 2025 outlook, projecting net revenue between $1.465-1.485 billion and adjusted EBITDA of $345-365 million. Management highlighted upcoming AI advancements aimed at transforming the platform experience and streamlining operations for local businesses.

Yelp (NYSE: YELP) has announced its participation in the upcoming J.P. Morgan Global Technology, Media and Communications Conference. The company's management will deliver a presentation on May 13, 2025, at 1:50 p.m. Eastern Time. Investors and interested parties can access both the live and archived webcasts of the presentation through Yelp's investor relations website at www.yelp-ir.com. The archived version will be available for 30 days following the live presentation.

Yelp, founded in San Francisco in 2004, operates a community-driven platform connecting consumers with local businesses through reviews, photos, and business information. The platform facilitates various transactions, including service quotes and restaurant reservations.

Yelp has unveiled its Spring Product Release featuring 15 new AI-powered features to enhance service professional hiring and restaurant operations. The update introduces AI photo recognition in Yelp Assistant, which automatically identifies project needs from user-uploaded photos, and response quality badges that highlight service pros providing helpful replies.

Key features include:

• AI-powered photo recognition for service needs identification
• Response quality badges using large language models
• Yelp Leads API integration with Zapier for improved lead management
• Guest Experience Survey for restaurant feedback
• Enhanced Traffic Attribution Dashboard
• Redesigned party management interface
• Guaranteed seating areas for diners

The company plans to test AI-powered call answering services for both restaurants and service professionals, aiming to help businesses stay connected when unavailable. The system will handle reservations, waitlists, and project inquiries while integrating with existing Yelp platforms.

Yelp (NYSE: YELP) has scheduled the release of its first quarter 2025 financial results for Thursday, May 8, 2025, after market close. The company will publish a Shareholder Letter on its investor relations website at www.yelp-ir.com, followed by a webcasted conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss Q1 results.

The live and archived webcasts will be available on Yelp's investor relations website. Yelp operates as a community-driven platform connecting consumers with local businesses, offering services such as business discovery, reviews, table booking, and quote requests.

Yelp (NYSE: YELP) has announced its upcoming participation in the Morgan Stanley Technology, Media & Telecom Conference scheduled for March 5, 2025, at 2:30 p.m. Eastern Time. The presentation will be accessible through live and archived webcasts on Yelp's investor relations website, with the archived version remaining available for 180 days post-presentation.

Yelp is a community-driven platform founded in San Francisco in 2004 that connects consumers with local businesses. The platform provides trusted business information, reviews, and photos to help users make informed spending decisions. As a comprehensive local platform, Yelp facilitates various consumer-business interactions, including service quote requests and restaurant table bookings.

Yelp (NYSE: YELP) reported strong financial results for 2024, with net revenue reaching a record $1.41 billion and net income increasing 34% to $133 million. The company's services segment drove growth with advertising revenue up 11% to $879 million, while Restaurants, Retail & Other revenue decreased 3% to $470 million.

Key highlights include an 8% increase in Adjusted EBITDA to $358 million and the introduction of over 80 new features leveraging AI to enhance connections between consumers and service professionals. User engagement remained strong with 21 million new reviews added in 2024, bringing the total to 308 million reviews.

Looking ahead to 2025, Yelp projects net revenue between $1.470-1.485 billion and Adjusted EBITDA between $345-360 million. Despite a 5% decrease in total paying advertising locations, the company achieved record average revenue per location.

Yelp has released its 12th annual Top 100 Places to Eat in the U.S. for 2025, highlighting diverse culinary destinations nationwide. Holbox in Los Angeles, known for its Mexican seafood and led by Michelin-starred Chef Gilberto Cetina, secured the top spot with over 1,000 five-star reviews.

The list features restaurants from 23 states and 42 cities, with California leading with 37 establishments, followed by Texas (9) and Nevada (8). Asian cuisines dominate with 18 restaurants, while Latin American and Mediterranean venues follow with 15 and 10 spots respectively.

Notable trends include the rise of casual dining, with 80% of listed establishments priced under $30 per person. Since 2014, Yelp's list has recognized over 900 establishments across 400+ cities. The selection process involved analyzing millions of reviews and user nominations, considering ratings, review numbers, and submission volumes, with final rankings determined by Yelp's Community Managers.

Yelp has released its 2024 Trust & Safety Report, highlighting extensive measures to maintain platform integrity. The report reveals that out of 21 million reviews contributed in 2024, 78% were recommended by automated software, while 18% were not recommended, 3% were removed by the User Operations team, and 2% were self-removed.

Key actions included removing over 47,900 inappropriate reviews, closing 551,200 user accounts for policy violations, and rejecting 39,200 potential business pages for spammy behavior. The platform placed 120 Compensated Activity Alerts and 427 Suspicious Review Activity Alerts on business pages. A new Consumer Alerts History section was introduced to track various alerts on business pages.

The company removed 2.9 million photos violating policies (up 159% from 2023) and placed 920 Media Attention Alerts, resulting in 56,900 review removals. Notably, incidents related to politics saw a 96% increase in Unusual Activity Alerts.

Yelp (NYSE: YELP) has announced it will release its fourth quarter and full year 2024 financial results after market close on Thursday, February 13, 2025. The company will post a Shareholder Letter on its investor relations website at www.yelp-ir.com, followed by a webcasted conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

Yelp is a community-driven platform connecting people with local businesses, providing business information, reviews, and photos to help inform consumer spending decisions. The platform facilitates service quote requests, restaurant table bookings, and other business transactions.