Professional
Added to YB: 2025-10-24
Pitch date: 2025-10-22
YELP [neutral]
Yelp Inc.
-7.77%
current return
Author Info
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Company Info
Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally.
Market Cap
$1.7B
Pitch Price
$33.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.27
P/E
12.25
EV/Sales
0.94
Sector
Interactive Media and Services
Category
N/A
Pernas Research Passes On: Yelp Inc.
YELP pass: $2.1B mkt cap at 7.9x EV/EBITDA. AI licensing at $10M ARR vs $1.47B total revenue immaterial. Core ad biz under pressure: Q2 ad clicks -7% YoY, paying locations -3% to 515k, restaurant/retail ad revenue -5%. Zero-click search & AI overviews eroding discovery traffic.
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