|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||36.64 - 37.36|
|52 Week Range||26.28 - 41.28|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||60.46|
|Earnings Date||Nov 02, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||38.67|
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Commercial real estate is down, and hybrid work settings are a big reason why, at least according to one real estate executive.
Shares of Yelp (NYSE: YELP) surged higher on Friday after financial results for the second quarter of 2022 beat expectations and management raised guidance for the rest of the year. As of 1:30 p.m. ET, Yelp stock was up 21%. Yelp is a local-business review platform, with 99% of 2021 revenue coming from the U.S. and 95% of total revenue was generated through advertisements.
Yelp's (YELP) Q2 results reflect benefits from increased advertising spending by customers as the pandemic-related restrictions and social-distancing measures were relaxed.