Zhihu stock fell 0.59 percent as buybacks continued on the NYSE
Published on 10/06/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Zhihu Inc. (ISIN US98955N2071) was last at USD 3.37 on the NYSE on October 5, 2026 at 4:00 p.m. ET, down 0.59 percent from the prior close. The latest filing dated October 5 said Zhihu repurchased 47,135 ADS on October 1 at USD 3.5542 per ADS, extending a buyback program that has become the clearest near-term capital allocation signal.
Buybacks continue into October
According to StockTitan, the October 1 transaction involved 47,135 ADS bought on the New York Stock Exchange. Each ADS represents three Class A ordinary shares, making the disclosed transaction equivalent to 141,405 ordinary shares.
The filing also showed cumulative repurchases under the mandate of 6,671,862 shares as of September 29, equal to 2.62 percent of the relevant share base. The authorization covers up to 25,461,758 shares, so the disclosed activity represents 26.2 percent of that limit.
Revenue remains under pressure
Zhihu's first-half 2026 revenue was RMB 1,341.7 million, down 7.2 percent from the prior-year period, while gross margin fell to 58.3 percent from 62.2 percent. These figures are presented in the company's investor-relations materials for the six months ended June 30, 2026.
According to Zhihu, adjusted net income was RMB 6.9 million in the first half, while cash, term deposits, restricted cash and short-term investments totaled RMB 4,423.8 million. The contrast is important: the company remained adjusted-profitable even as revenue contracted.
Operating efficiency improved in the same period. Adjusted operating loss narrowed 19.5 percent year over year, giving management a measurable cost-control counterweight to the 7.2 percent revenue decline.
AI fund vote sets next checkpoint
On October 20, 2026, shareholders are scheduled to vote on Zhihu's proposed RMB 1.5 billion commitment to an AI-focused investment fund. GlobeNewswire reported that the extraordinary general meeting will consider and vote on the transaction.
The proposed investment would direct cash toward early-to-mid-stage unlisted companies in AI and related technology sectors in mainland China. The vote therefore links Zhihu's cash position with a strategic expansion beyond its core online content community, while the first-half revenue trend keeps execution and capital discipline central to the investment case.
Zhihu stock stays below its yearly high
Zhihu stock was last at USD 3.37 on October 5, 2026, against a 52-week range of USD 2.56 to USD 5.09. The market capitalization was USD 272.5 million and trading volume reached 557,928 shares on the same NYSE session.
Zhihu stock details
- Company: Zhihu Inc.
- ISIN: US98955N2071
- Ticker: ZH
- Trading venue: NYSE
- Price (as of October 5, 2026, 4:00 p.m. ET): USD 3.37
- Market capitalization: USD 272.5 million (as of October 5, 2026)
- 52-week range: USD 2.56-5.09 (as of October 5, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
Upcoming dates for Zhihu stock
- October 20, 2026: Extraordinary general meeting on the AI fund commitment
