Zhihu Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Zhihu stock has a consensus rating of "Strong Buy" and an average price target of $4.55. The average 1-year stock price forecast is 45.37% higher than the current stock price, while the lowest is $3.59 (+14.70%) and the highest is $5.69 (+81.79%).

Price Target: $4.55 (+45.37%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$3.59	$4.55	$4.48	$5.69
Change	+14.70%	+45.37%	+43.13%	+81.79%

Analyst Ratings

The average analyst rating for Zhihu stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Aug '25	Sep '25	Nov '25	Dec '25	Jan '26	Mar '26
Strong Buy	4	4	4	5	5	5
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lincoln Kong Goldman Sachs	Goldman Sachs	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Dec 24, 2025

Financial Forecast

Revenue This Year

2.62B

from 2.75B

-4.81%

from 2.75B

Revenue Next Year

2.68B

from 2.62B

2.60%

from 2.62B

EPS This Year

0.13

from 0.19

-33.99%

from 0.19

EPS Next Year

2.21

from 0.13

1,671.20%

from 0.13

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.96B	3.60B	4.20B	3.60B	2.75B	2.62B
Revenue Growth	118.85%	21.82%	16.48%	-14.29%	-23.62%	-4.81%
Gross Profit	1.55B	1.81B	2.30B	2.18B	1.65B	1.58B
Gross Margin	52.51%	50.16%	54.68%	60.60%	59.94%	60.20%
Operating Income	-1.39B	-1.60B	-1.07B	-481.08M	-380.94M	-257.92M
Net Income	-1.47B	-1.58B	-843.64M	-171.80M	-192.90M	-75.42M
EPS	-	-	-	-	0.19	0.13
EPS Growth	-	-	-	-	-	-33.99%
Forward PE	-	-	-	-	99.01	169.68
Free Cash Flow	40.32M	-625.89M	-214.37M	-329.87M	-293.92M	-109.82M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue	2026	2027	2028
High	2.8B
Avg	2.6B
Low	2.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	0.2%
Avg	-4.8%
Low	-8.4%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.13
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-34.0%
Low	-