Goldman Sachs keeps Yelp stock at Hold with USD 24 target
Published on 10/15/2026 at 13:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and operating figures
- Goldman Sachs maintained a Hold rating and set a USD 24.00 target on October 14, 2026.
- Yelp reported USD 375.52 million in second-quarter revenue and USD 31.65 million in net profit.
- Yelp stock was trading at EUR 17.60 at 1:38 p.m. CEST at Lang & Schwarz on October 15, 2026.
Yelp stock was trading at EUR 17.60 at Lang & Schwarz on October 15, 2026, at 1:38 p.m. CEST. Markets Insider reported that Goldman Sachs analyst Eric Sheridan maintained a Hold rating and set a USD 24.00 price target on October 14, 2026.
Yelp delivered mixed second-quarter figures
Yelp's second-quarter revenue reached USD 375.52 million, compared with USD 370.39 million a year earlier. Net profit fell to USD 31.65 million from USD 44.09 million, according to Markets Insider. The figures show modest top-line growth alongside weaker profitability.
What does the USD 24 target mean?
The target sits above the euro reference price, but the currencies cannot be used for a direct percentage comparison. The more immediate operating question is whether Yelp's newer services and advertising channels can offset pressure in its established advertising business. Yelp's investor-relations page says the platform had 330 million cumulative reviews and 510,000 paying advertising locations in the second quarter of 2026.
Three dated Yelp developments
On August 6, 2026, Yelp reported second-quarter revenue of USD 375.52 million and net profit of USD 31.65 million, as reported by Markets Insider. On September 29, 2026, Amazon Ads announced a local-services advertising format using Yelp's business network, according to International Business Times Australia. On October 13, 2026, Morgan Stanley cut its Yelp target from USD 24.00 to USD 17.00 while maintaining an Equalweight rating, according to Yahoo Finance.
Next reporting date is October 29
Yelp's next scheduled reporting date is October 29, 2026, when the company is due to publish third-quarter results, according to The Wall Street Journal.
Stock price sets the daily reference
The euro quote provides the current German-market perspective, while the analyst targets and operating figures remain dollar-denominated. That split matters because it prevents a direct calculation between the Lang & Schwarz price and the US dollar targets.
Yelp stock was trading at EUR 17.60 at Lang & Schwarz on October 15, 2026, at 1:38 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Yelp stock.
Yelp stock key data
- Company: Yelp Inc.
- ISIN: US9858171054
- Ticker: YELP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 1:38 p.m. CEST): EUR 17.60
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report S&P 500.
