yelp stock is at 20$. Market cap is 1.5b. 2019 revenue was 1B. last quarter they did 169m. even if they do 600m in revenues this year, their market cap is 2.5 their revenue. don’t see this very often in Internet stock. any thoughts on whether this is worth buying now or wait for more dips? any thoughts on Redfin as well? revenue to market cap is good for this stock ... but trending high in price right now.
No growth -> look at P/E ratio
Right now. For sure. But won’t that change post Covid?
Buy, make our TC whole again.
Google reviews have rampant fraud just like amazon reviews. Yelp will exist as long as people feel the need to get a more objective opinion
LOL
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I thought only Yelp employees traded Yelp.
Run. Don't walk.
Trash stock
And comments like these are the reason
If you don't believe in our stock, no one else will.
Yelp employees try to sell their stock to buy amazon stock, while you want to do this. Respect!
Ha ha. What’s the story? Is yelp not going to do well long term? Is it a groupon in the making?
Covid kinda fucked us but the economy will eventually recover and things will be fine, but it will be kind of a long road to recovery IMO
Usually there’s a reason why these companies trade at low P/S. If you look at Yelp, their revenue has almost halved in just 2 quarters of Covid. There’s no end in sight and their future never looked bright with Google’s reviews creeping in. They could never make a profit again. So there’s risk involved but they may be a value buy if they ride out the next 5 years still carving out a niche
Maybe more businesses will invest in yelp once Covid moves on? I see people using yelp a lot. VS google reviews. The users are there. The monetization ... not sure what the future holds