Yelp Completes $270 Million Acquisition of Hatchify

An update from Yelp ( (YELP) ) is now available.

On January 17, 2026, Yelp Inc. agreed to acquire Hatchify Inc. through a merger of its wholly owned subsidiary Hargrove Merger Sub, Inc. with Hatchify, and on February 2, 2026, the merger closed, making Hatchify a wholly owned subsidiary of Yelp. The deal valued Hatchify’s equity and options at approximately $270 million in cash, subject to standard post‑closing adjustments, with an additional $30 million in retention packages to be paid over two to three years to certain continuing Hatchify employees, and Yelp partially financed the transaction with borrowings under its existing revolving credit facility led by JPMorgan Chase and Wells Fargo, signaling a significant capital investment to expand its capabilities and integrate Hatchify’s operations into its broader business.

The most recent analyst rating on (YELP) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Yelp stock, see the YELP Stock Forecast page.

Spark’s Take on YELP Stock

According to Spark, TipRanks’ AI Analyst, YELP is a Outperform.

Yelp’s overall stock score reflects strong financial performance and positive technical indicators. The company’s strategic focus on AI and partnerships supports growth, despite challenges in certain segments and macroeconomic uncertainties. The valuation is reasonable, and the expanded credit facility enhances financial flexibility.

To see Spark’s full report on YELP stock, click here.

More about Yelp

Yelp Inc. operates an online platform that connects consumers with local businesses, primarily through user-generated reviews, ratings, and related local search and advertising services aimed at helping people find and engage with nearby merchants and service providers.

Average Trading Volume: 1,041,640

Technical Sentiment Signal: Sell

Current Market Cap: $1.49B

See more data about YELP stock on TipRanks’ Stock Analysis page.