Why Are We Revising Our Stock Price Estimate Of Yelp From $24 To $31?

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We have revised stock price estimate for Yelp (NYSE:YELP) from $24.51 to $31.11. the changes have been incorporated based on the long-term guidance by the company. Despite the revision of our price estimate, the stock is trading at a 18% premium to Trefis’s estimated price. The primary changes to our model as follows:

Yelp Price Change to $31

Check out our complete analysis of Yelp

[trefis_slideshow ticker=”YELP” rhs=”3″]

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Yelp