Yelp (YELP) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.57
- Estimate
- $0.36
- Surprise
- +56.7%
- Score at report (before → after)
- 6.4 → 6.2/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Yelp (YELP) beat the $0.36 estimate with diluted EPS of $0.57 — a large 56.7% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.4/10) to Hold at 6.2/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates YELP Sell at 6.1/10.
3 of the last 4 quarters beat the estimate; this quarter's +56.7% surprise compares with a +18.3% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Concentration risk — Product: advertising revenue (95.0%)
- Thin upside margin: 5.3%
- Sector modifier (Communication Services): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $20.76
- Price target
- $21.86
- Stop
- $19.66
- Upside to target
- +5.3%
- Reward-to-risk
- 0.6:1
The stock trades at 10.6× trailing but 5.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-17 — shown for context, not personalized investment advice.
YELP at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Internet Content & Information
- Market cap
- $1.15B
- P/E (fwd)
- 5.6
- P/E (ttm)
- 10.6
- 52-week range
- $19.60–$34.49
- Off 52-week high
- 39.8%
- RSI (14)
- 35
- Volume vs avg
- 0.83×
- Score today
- 6.1/10