Zhihu (ZH)
NYSE:ZH
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ZH Stock Chart & Stats
$3.10
-$0.10(-2.90%)
At close: 4:00 PM EST
$3.10
-$0.10(-2.90%)
Day’s Range― - ―
52-Week Range$2.57 - $5.55
Previous CloseN/A
Volume130.82K
Average Volume (3M)240.68K
Market Cap
$261.18M
Enterprise Value-$1.68B
Total Cash (Recent Filing)$4.24B
Total Debt (Recent Filing)$72.02M
Price to Earnings (P/E)―
Beta1.23
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.37
Shares Outstanding83,635,840
10 Day Avg. Volume291,027
30 Day Avg. Volume240,677
Financial Highlights & Ratios
PEG Ratio-0.39
Price to Book (P/B)0.48
Price to Sales (P/S)0.69
P/FCF Ratio-4.32
Enterprise Value/Market Cap-6.45
Enterprise Value/Revenue-0.62
Enterprise Value/Gross Profit-1.03
Enterprise Value/Ebitda12.37
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.08
Revenue Forecast (FY)$2.49B
Bulls Say, Bears Say
Bulls Say
Balance-sheet StrengthZhihu's minimal leverage provides durable financial flexibility. Low debt reduces refinancing and interest risk, letting management fund AI/IP product development and execute buybacks despite operating losses. This balance-sheet strength supports multi-month strategic execution without urgent financing.
AI And IP MonetizationRapid IP and AI monetization reflects a structural shift in Zhihu's revenue mix. Strong Q4 IP growth and rising AI-related content/usage diversify income beyond ad sales, offering higher‑margin, scalable products (e.g., adaptations, data solutions) that can sustain revenue even if traditional ad cycles weaken.
Operational Inflection (non-GAAP Profit)Achieving full‑year non‑GAAP profitability signals a lasting operating inflection. It validates management's move toward higher‑margin, capital‑efficient streams (memberships, IP, AI), strengthens credibility with stakeholders, and enables disciplined capital allocation such as continued repurchases and targeted reinvestment.
Bears Say
Negative Cash GenerationDespite improved non‑GAAP earnings, Zhihu still reports negative operating and free cash flow, indicating profits have not converted into cash. Persistent cash burn increases reliance on existing liquidity, constrains sustained content/IP investment, and raises financing or dilution risk if the cash profile doesn't improve over months.
Top-line ContractionMaterial year‑over‑year revenue declines across quarters and segments erode scale economics and pricing power. Sustained top‑line contraction reduces ability to leverage fixed content costs, pressures ad monetization and membership scale, and makes sustaining margin gains from AI/IP more challenging without renewed growth.
Margin Pressure & One‑time ChargesA sizeable gross‑margin drop and a one‑time goodwill impairment highlight weakening profitability durability. Increased content investment and higher opex reduce operating leverage, so margins are more vulnerable to revenue swings and make consistent GAAP profitability harder unless revenue stabilizes and content ROI improves.
Zhihu News
ZH FAQ
What was Zhihu’s price range in the past 12 months?
Zhihu lowest stock price was $2.57 and its highest was $5.55 in the past 12 months.
What is Zhihu’s market cap?
Zhihu’s market cap is $261.18M.
When is Zhihu’s upcoming earnings report date?
Zhihu’s upcoming earnings report date is Sep 02, 2026 which is in 90 days.
How were Zhihu’s earnings last quarter?
Zhihu released its earnings results on Jun 03, 2026. The company reported -$0.04 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.04.
Is Zhihu overvalued?
According to Wall Street analysts Zhihu’s price is currently Overvalued.
Does Zhihu pay dividends?
Zhihu does not currently pay dividends.
What is Zhihu’s EPS estimate?
Zhihu’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Zhihu have?
Zhihu has 83,635,840 shares outstanding.
What happened to Zhihu’s price movement after its last earnings report?
Zhihu reported an EPS of -$0.04 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.329%.
Which hedge fund is a major shareholder of Zhihu?
Currently, no hedge funds are holding shares in ZH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Zhihu Stock Smart Score
Underperform
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10
Blogger Sentiment
Bullish
ZH Sentiment 75%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 161.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.61%
12-Months-Change
Fundamentals
Return on Equity
-4.72%
Trailing 12-Months
Asset Growth
-5.42%
Trailing 12-Months
Company Description
Zhihu
Zhihu Inc. operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company also offers technology, business support, and consulting services; information transmission, software, and information technology services; information and marketing services; vocational training; and internet services, as well as holds audio-visual permit. The company was founded in 2010 and is headquartered in Beijing, the People's Republic of China.
ZH Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call highlights a strategic and operational turning point: Zhihu achieved its first full-year non-GAAP profitability, showed strong engagement and AI-driven product momentum, and accelerated IP monetization and share repurchases. However, the company still faces meaningful near-term headwinds — notable year-over-year revenue declines across segments, a weakened Q4 non-GAAP result, gross margin contraction and a sizable goodwill impairment that widened GAAP losses. The narrative is one of structural improvement and long-term opportunity (especially around AI and IP) balanced against ongoing top-line pressure and one-time charges that weigh on quarterly profitability.View all ZH earnings summariesTechnical Analysis
Ownership Overview
3.38% Insiders
2.96% Mutual Funds
3.72% Other Institutional Investors
89.67% Public Companies and
Individual Investors