Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025

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3. Zhihu Inc (NYSE:ZH)

Number of Hedge Fund Holders In Q4 2024: 8

Zhihu Inc (NYSE:ZH) is an online content operator in China.

The stock is up significantly so far in 2025 as Zhihu recently achieved its highest gross profit margin since its listing at 63.9%. This was driven by a substantial reduction in costs and operating expenses (down 35.6% and 30.5%, respectively).

The company reported a significant increase in paid membership revenue, which rose 11.5% year-over-year in Q3 2024, alongside a 20% growth in daily active user engagement.

Also, on February 24, Zhihu experienced a surge in options trading volume, with call options increasing by 381% compared to the daily average.

The consensus price target of $4.7 implies 11.9% downside.

ZH is up 50.14% year-to-date.

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