Yelp, Inc. NYSE: YELP wyszukiwarka lokalnych firm

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This Stock is Poised for Insane Growth in the Next Year (And the Next Decade)
by Mike Stenger, Money Morning • November 30, 2020
Nearly 100,000 businesses closed due to COVID-19 this year. Yelp Inc. (NYSE: YELP) reported 60% of its listings permanently shuttered.

Now, with a second wave of COVID-19 underway, businesses will again scramble for ways to avoid becoming a statistic.

The tech stock we have for you today is part of the solution.

We’re talking an industry poised for 178% growth.
It was valued at $2.8 billion in 2019.

But Cision says it could hit $7.8 billion by 2027.

Thing is, you wouldn’t know it.

You interact with this item almost every day, yet you hardly think about it.

It might even be the most important item in your life right now. Why?

We’re talking about a revolution in how shoppers pay for their goods. Shelves and self-checkout systems are getting so smart that, pretty soon, you won’t even need to pull anything out of your pocket to leave the store.

Here’s why this stock is on the move this holiday and beyond.
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https://dailytradealert.com/2020/11/30/ ... xt-decade/

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Yelp shares jump after review platform reports Q4 earnings beat

Investing.com -- Yelp Inc (NYSE:YELP) shares spiked in early U.S. trading on Friday after resiliency in the crowdsourced review platform's advertising business helped it post better-than-expected top and bottom line results in the fourth quarter.

Revenue during the three months until the end of December climbed by 13% to $309.1 million, topping consensus forecasts of $306M. Meanwhile, adjusted earnings before interest, tax, depreciation and amortization grew by just under a fifth to $80.4M, slightly above analysts' estimates of $79M.

On an annual basis, adjusted core income expanded by 10% year-on-year to $270M on net revenues of $1.2B, marking record levels. Both figures beat projections as well.

The group said the returns were driven by strong demand from advertisers despite headwinds from price inflation and flagging customer expenditures, with home service providers in particular boosting sales. This trend was partly offset by a decrease in ad clicks, which Yelp said stemmed from a tough comparison to 2021, when spending boomed after the loosening of most COVID-era restrictions.

“These results demonstrate the strength of our broad-based local advertising platform and the momentum across our strategic initiatives. In 2023, we plan to continue our disciplined investments to drive shareholder value over the long term,” said Chief Financial Officer David Schwarzbach in a statement.

Yelp predicts that it will report revenue of between $300M to $310M and adjusted core profit of $40M to $50M in the current quarter. Analysts at Credit Suisse called the outlook "conservative," adding that it is likely reflective of broader economic pressures and weaker seasonal demand.

For the 2023 fiscal year, Yelp sees net revenue in the range of $1.29B to $1.31B and adjusted core earnings in the $290M to $310M band, largely in line with forecasts.

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Yelp Inc (NYSE:YELP) shares rose 6.4% after the restaurant and retail review site caught the attention of an activist shareholder. TCS Capital said it has a 4% stake and wants the company to explore strategic options, including a sale to a strategic or private equity buyer.

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Yelp (NYSE:YELP) stock rose pre 3.6% after Goldman Sachs upgraded its stance on the business review site to ‘buy’ from ‘neutral’, citing a positive risk/reward basis and stable ad trends.

EDIT
Yelp (YELP) shares gapped up 8.5% in heavy volume , after Goldman Sachs upgraded the stock to a buy rating from neutral with a 47 price target.

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Yelp (NYSE:YELP) reported its Q2 results, with EPS of $0.21 coming in better than the consensus estimate of $0.16. Revenue increased 13% year-over-year to $337 million, beating the consensus estimate of $325.49M.

Yelp's CEO Jeremy Stoppelman expressed his satisfaction with the results, highlighting the company's impressive streak of nine consecutive quarters of double-digit growth.

“Net revenue reached a new high driven by record advertising revenue across categories. Self-serve and multi-location accounted for more than half of our advertising revenue for the first time, reaching a milestone that reflects our long-term strategy to drive growth through our most efficient advertising channels,” said Stoppelman.

The company raised its full-year outlook and now expects net revenue in the range of $1.32-$1.33 billion and adjusted EBITDA in the range of $310-$320M.