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Zhihu Inc. (ZH)

Communication Services | Internet Content & Information | Beijing, China | NYSE
3.27 USD +0.01 (0.307%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 3.29 +0.02 (0.612%) ⇧ (July 13, 2026, 5:58 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:23 a.m. EDT

The investment case for Zhihu is currently paralyzed by a stark divergence between its pristine balance sheet and its deteriorating business fundamentals. While the company holds a fortress-like liquidity position with massive cash reserves and negligible debt, allowing it to pursue aggressive buybacks, the core business is struggling. Revenue has contracted significantly, and the stock has endured a brutal multi-year decline, dropping over 90% from its peak. Although the most recent annual report showed a rebound, the long-term trajectory remains deeply concerning, and the market has rightly punished the lack of sustainable growth. Short-term, the stock appears range-bound, hovering near its 52-week lows with no clear catalyst to spark a rally. The statistical forecast models offer little help, predicting a slight dip over the next month with low confidence. Consequently, there is no compelling edge for a momentum play or a distressed buy at these levels yet. Regarding income, the security offers nothing; there is no dividend history and no payout mechanism to rely on. Investors here are purely betting on a turnaround story that has yet to materialize. Until revenue growth stabilizes consistently and profitability returns, the stock remains a hold for existing owners and a pass for new capital.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.036288
MSTL_74_1260.049353
AutoARIMA0.058555
MSTL_1260.059440
AutoETS0.061965
MSTL0.073320
MSTL_740.087227

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 31%
H-stat 0.15
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 1.44
Attribute Value
Sector Communication Services
Debt to Equity Ratio 0.717
Revenue per Share 33.832
Market Cap 282,400,928
Forward P/E 26.38
Beta 0.27
Profit Margins -7.16%
Website https://www.zhihu.com

As of July 11, 2026, 3:23 a.m. EDT: Options activity is sparse and lacks clear directional conviction. Call open interest is concentrated at the $5.00 strike, suggesting speculative bets on a significant upside move, while put open interest sits at the $2.50 strike, indicating a floor or hedging against further downside. Implied volatility is elevated relative to the low trading volume, hinting at uncertainty rather than a coordinated trade.


Info Dump

Attribute Value
52 Week Change -0.28820962
Address1 18 Xueqing Road
Address2 Haidian District
All Time High 83.094
All Time Low 2.55
Ask 3.3
Ask Size 3,100
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 169,160
Average Daily Volume3 Month 229,303
Average Volume 229,303
Average Volume10Days 169,160
Beta 0.265
Bid 3.19
Bid Size 900
Book Value 7.0276217
City Beijing
Country China
Crypto Tradeable 0
Currency USD
Current Price 3.27
Current Ratio 3.784
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 3.29
Day Low 3.1924
Debt To Equity 0.717
Display Name Zhihu
Earnings Call Timestamp End 1,780,484,400
Earnings Call Timestamp Start 1,780,484,400
Earnings Timestamp 1,780,489,800
Earnings Timestamp End 1,787,747,400
Earnings Timestamp Start 1,787,747,400
Ebitda -372,959,264
Ebitda Margins -0.13964
Enterprise To Ebitda 10.527
Enterprise To Revenue -1.47
Enterprise Value -3,926,017,024
Eps Current Year 0.34897
Eps Forward 0.123951696
Eps Trailing Twelve Months -0.35
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.1474
Fifty Day Average Change 0.12260008
Fifty Day Average Change Percent 0.038952813
Fifty Two Week Change Percent -28.820961
Fifty Two Week High 5.55
Fifty Two Week High Change -2.2800002
Fifty Two Week High Change Percent -0.41081083
Fifty Two Week Low 2.57
Fifty Two Week Low Change 0.70000005
Fifty Two Week Low Change Percent 0.27237356
Fifty Two Week Range 2.57 - 5.55
Financial Currency CNY
First Trade Date Milliseconds 1,616,765,400,000
Float Shares 30,015,718
Forward Eps 0.123951696
Forward P E 26.381245
Full Exchange Name NYSE
Full Time Employees 1,154
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.59341997
Gross Profits 1,584,972,032
Has Pre Post Market Data 1
Held Percent Insiders 0.14592
Held Percent Institutions 0.17266001
Implied Shares Outstanding 86,361,147
Industry Internet Content & Information
Industry Disp Internet Content & Information
Industry Key internet-content-information
Ipo Expected Date 2,021-03-26
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,715,299,200
Last Split Factor 1:6
Long Business Summary Zhihu Inc., together with its subsidiaries, operates an online content community in the People's Republic of China. The company offers contents in various categories, including career development, science and technology, business and finance, consumer decision-making, lifestyle, entertainment, and others. It also provides Yan Selection membership program which provides premium content items, such as fictional stories and novels, other books and magazines, live and recorded lectures, and audio books. In addition, the company offers marketing services comprising online advertising services and content-commerce solutions; and content-related services, including vocational training and other content-based offering. Further, it is involved in the provision of technology, business support, consulting, and internet services, as well as holds audio-visual permit. The company was formerly known as Zhihu Technology Limited and changed its name to Zhihu Inc. in October 2020. Zhihu Inc. was founded in 2010 and is headquartered in Beijing, the People's Republic of China.
Long Name Zhihu Inc.
Market us_market
Market Cap 282,400,928
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_706598278
Most Recent Quarter 1,774,915,200
Net Income To Common -191,311,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 275,298,537
Number Of Analyst Opinions 6
Open 3.24
Operating Margins -0.09651
Payout Ratio 0.0
Phone 86 10 8271 6603
Post Market Change 0.01999998
Post Market Change Percent 0.6116202
Post Market Price 3.29
Post Market Time 1,783,979,886
Previous Close 3.26
Price Eps Current Year 9.370433
Price Hint 4
Price To Book 0.46530676
Price To Sales Trailing12 Months 0.1057323
Profit Margins -0.07163
Quick Ratio 3.705
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change 0.00999999
Regular Market Change Percent 0.306748
Regular Market Day High 3.29
Regular Market Day Low 3.1924
Regular Market Day Range 3.1924 - 3.29
Regular Market Open 3.24
Regular Market Previous Close 3.26
Regular Market Price 3.27
Regular Market Time 1,783,972,802
Regular Market Volume 134,477
Return On Assets -0.04527
Return On Equity -0.048460003
Revenue Growth -0.107
Revenue Per Share 33.832
Sand P52 Week Change 0.20847368
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Shares Outstanding 81,283,228
Shares Percent Shares Out 0.0135
Shares Short 1,170,919
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,289,857
Short Name Zhihu Inc.
Short Percent Of Float 0.019299999
Short Ratio 4.93
Source Interval 15
Symbol ZH
Target High Price 5.6989474
Target Low Price 3.596125
Target Mean Price 4.4701104
Target Median Price 4.209485
Total Cash 4,280,289,024
Total Cash Per Share 55.426
Total Debt 27,463,000
Total Revenue 2,670,905,088
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.35
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.57235
Two Hundred Day Average Change -0.30235004
Two Hundred Day Average Change Percent -0.084636174
Type Disp Equity
Volume 134,477
Website https://www.zhihu.com
Zip 100,083