Zhihu Inc. (ZH)Communication Services | Internet Content & Information | Beijing, China | NYSE
3.39 USD
-0.11
(-3.143%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 3.39 |
Hot Take ↕ | Oct. 10, 2026, 4:47 a.m. EDT
The investment case for Zhihu is currently defined by a stark disconnect between its historical valuation and its operational reality. While the stock trades at a fraction of book value, the underlying business is actively shrinking; revenue has contracted by nearly 4% annually, and the company is burning significant cash with negative operating margins. The price history confirms this structural deterioration, showing a catastrophic 92% loss of value over the last four years, despite a single year of recovery. This multi-year decline is the primary driver here, signaling that the market views the current low price as a fair reflection of a deteriorating asset, not a bargain. Compounding this, there is no dividend income to offset the capital loss, and the options market is heavily skewed toward buying insurance against further drops rather than speculating on a rebound. Until the company demonstrates a sustained path to profitability and stabilizes its top-line growth, the risk of further downside outweighs the potential for a turnaround. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.071598 |
| MSTL | 0.073324 |
| AutoETS | 0.073604 |
| AutoARIMA | 0.073605 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 41.76 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.829 |
| Excess Kurtosis | -0.06 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 3.403 |
| Revenue per Share | 33.897 |
| Market Cap | 284,189,024 |
| Forward P/E | 61.44 |
| Beta | 0.22 |
| Profit Margins | -11.39% |
| Website | https://www.zhihu.com |
As of Oct. 10, 2026, 4:47 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest significantly exceeds call open interest at the $2.50 strike, while call volume is concentrated at out-of-the-money strikes ($5.00) where liquidity is thin. This distribution suggests a 'bear put spread' mentality or hedging against further erosion, with minimal speculative capital betting on a rapid recovery.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.19724768 |
| Address1 | 18 Xueqing Road |
| Address2 | Haidian District |
| All Time High | 83.094 |
| All Time Low | 2.55 |
| Ask | 3.51 |
| Ask Size | 1,500 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 303,730 |
| Average Daily Volume3 Month | 367,101 |
| Average Volume | 367,101 |
| Average Volume10Days | 303,730 |
| Beta | 0.224 |
| Bid | 3.2 |
| Bid Size | 1,200 |
| Book Value | 7.2352743 |
| City | Beijing |
| Country | China |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.39 |
| Current Ratio | 3.734 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 3.48 |
| Day Low | 3.335 |
| Debt To Equity | 3.403 |
| Display Name | Zhihu |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,787,742,000 |
| Earnings Call Timestamp Start | 1,787,742,000 |
| Earnings Timestamp | 1,787,747,400 |
| Earnings Timestamp End | 1,795,523,400 |
| Earnings Timestamp Start | 1,795,523,400 |
| Ebitda | -361,268,992 |
| Ebitda Margins | -0.13663 |
| Enterprise To Ebitda | 10.613 |
| Enterprise To Revenue | -1.45 |
| Enterprise Value | -3,834,274,304 |
| Eps Current Year | -0.57158 |
| Eps Forward | 0.05517692 |
| Eps Trailing Twelve Months | -0.54 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 3.2042 |
| Fifty Day Average Change | 0.18580008 |
| Fifty Day Average Change Percent | 0.057986416 |
| Fifty Two Week Change Percent | -19.724768 |
| Fifty Two Week High | 4.52 |
| Fifty Two Week High Change | -1.1299999 |
| Fifty Two Week High Change Percent | -0.24999997 |
| Fifty Two Week Low | 2.56 |
| Fifty Two Week Low Change | 0.83000016 |
| Fifty Two Week Low Change Percent | 0.3242188 |
| Fifty Two Week Range | 2.56 - 4.52 |
| Financial Currency | CNY |
| First Trade Date Milliseconds | 1,616,765,400,000 |
| Float Shares | 30,239,945 |
| Forward Eps | 0.05517692 |
| Forward P E | 61.438732 |
| Free Cashflow | -237,268,256 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,149 |
| Fullday Change | -0.109999895 |
| Fullday Change Percent | -3.1428542 |
| Fullday Price | 3.39 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.57872003 |
| Gross Profits | 1,530,221,056 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.10087 |
| Held Percent Institutions | 0.16487 |
| Implied Shares Outstanding | 83,831,566 |
| 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 | 284,189,024 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_706598278 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -301,215,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 290,995,454 |
| Number Of Analyst Opinions | 6 |
| Open | 3.49 |
| Operating Cashflow | -317,707,008 |
| Operating Margins | -0.110010006 |
| Payout Ratio | 0.0 |
| Phone | 86 10 8271 6603 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 3.39 |
| Post Market Time | 1,792,180,821 |
| Previous Close | 3.5 |
| Price Eps Current Year | -5.9309287 |
| Price Hint | 4 |
| Price To Book | 0.4685379 |
| Price To Sales Trailing12 Months | 0.10747913 |
| Profit Margins | -0.11392 |
| Quick Ratio | 3.662 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | -0.11 |
| Regular Market Change Percent | -3.14285 |
| Regular Market Day High | 3.48 |
| Regular Market Day Low | 3.335 |
| Regular Market Day Range | 3.335 - 3.48 |
| Regular Market Open | 3.49 |
| Regular Market Previous Close | 3.5 |
| Regular Market Price | 3.39 |
| Regular Market Time | 1,792,180,802 |
| Regular Market Volume | 273,225 |
| Return On Assets | -0.043530002 |
| Return On Equity | -0.07639 |
| Revenue Growth | -0.037 |
| Revenue Per Share | 33.897 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Shares Outstanding | 78,877,459 |
| Shares Percent Shares Out | 0.0095999995 |
| Shares Short | 806,975 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 1,077,445 |
| Short Name | Zhihu Inc. |
| Short Percent Of Float | 0.0138 |
| Short Ratio | 1.27 |
| Source Interval | 15 |
| Symbol | ZH |
| Target High Price | 5.72385 |
| Target Low Price | 3.6171517 |
| Target Mean Price | 4.098495 |
| Target Median Price | 3.7990503 |
| Total Cash | 4,304,633,856 |
| Total Cash Per Share | 54.182 |
| Total Debt | 127,171,000 |
| Total Revenue | 2,644,132,096 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.54 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.26315 |
| Two Hundred Day Average Change | 0.12685013 |
| Two Hundred Day Average Change Percent | 0.03887352 |
| Type Disp | Equity |
| Volume | 273,225 |
| Website | https://www.zhihu.com |
| Zip | 100,083 |