-18%

est. 2Y upside i

Rank

#3820

Sector

Internet Software & Services

Est. Liquidity

~0Y

Data Quality

Data: Medium

Yelp, a profitable public company with a current market capitalization of approximately $1.46B and 2025 revenue of $1.46B (a 1x P/S ratio), presents a fairly valued equity opportunity for a job seeker.

Last updated: March 10, 2026

Bull (15%)+75%

Yelp successfully executes its AI transformation strategy, integrating Hatch to drive significant growth in its Services advertising segment and expanding its local business software offerings. This leads to a re-acceleration of revenue growth to 5-7% annually and a multiple expansion to 1.75x P/S, pushing the valuation to approximately $2.8B by 2028.

Base (45%)+15%

Yelp maintains its market position in core segments, with flat to modest revenue growth (0-2% annually) as AI investments partially offset competitive pressures and declines in some advertising categories. The company sustains its profitability, and the valuation remains around 1.15x P/S, leading to a market cap of approximately $1.68B by 2028.

Bear (40%)-35%

Intensified competition from Google Business Profile and other platforms, coupled with continued macroeconomic pressures and declining paying advertisers in key categories, leads to a sustained revenue decline of 5% annually. The market's perception of Yelp's growth prospects deteriorates, causing a multiple contraction to 0.7x P/S, resulting in a valuation of approximately $0.92B by 2028, significantly eroding common stock value.

Est. time to liquidity~0.0 years

Preference Stack Risk

low

Funding Intensity

4%

Investors hold $56M in liquidation preferences, which represents only 3.8% of the current $1.46B market capitalization, posing a low risk to common shareholders.

Dilution Risk

moderate

As a public company, dilution primarily stems from ongoing stock-based compensation and potential future equity offerings, though profitability reduces the need for large dilutive rounds. Yelp repurchased $292 million of stock in 2025, cutting total share count by about 10%.

Secondary Liquidity

active

As a publicly traded company on the NYSE (YELP), Yelp stock is actively traded on major exchanges, providing immediate liquidity for vested shares.

Other — 11 roles

View all 11 open roles at Yelp →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Yelp's data — designed to show you've done your homework.

  • 1

    “Given the high incumbent threat from Google Business Profile and the projected flat to slightly declining revenue for 2026, how does Yelp plan to differentiate its offerings and regain growth momentum, particularly through its AI investments?”

  • 2

    “With Services advertising revenue growing but Restaurants, Retail & Other declining, what is Yelp's strategy to address the challenges in the RR&O segment and diversify its revenue streams to ensure sustainable long-term growth?”

  • 3

    “Considering Yelp is a public company with a current P/S ratio around 1x and a 'Hold' consensus from analysts, how does the company articulate its long-term value proposition and potential for equity appreciation to attract and retain top talent?”

Community

Valuation Sentiment

Our model estimates -18% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.