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ZipRecruiter, Inc. (ZIP)
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-06-16
Watch· this week
$3.37-7.42%
Close 2026-06-16 · 1-day change
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
Recent financial performance is neutral, and management's recent track record has been fairly steady. The company was unprofitable over the past year, so its earnings quality can't be assessed. Peer multiples imply a price about 253% below where it trades (it looks expensive on this basis); the read is expensive, growth-justified, as it is rich on today's multiple, but the three-year horizon reads cheaper once expected earnings growth is included. If ZIP cuts guidance on the next call, that would be a meaningful negative. This read is provisional.
as of 2026-06-16
Quick facts
- Exchange
- NYSE
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Market cap
- $294.30M
- Employees
- 800
- IPO date
- 2021-04-23
- Next earnings
- —
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 4 valuation methods, at three horizons. Current price $3.37. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryexpensive
$1.02consensus
Range $0.47 – $2.77
vs price: +232% above
Method agreement — · 4 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearfair
$3.62consensus
Range $3.62 – $3.62
vs price: -7% below
Method agreement — · 1 method
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peerslow confidence
At $3.65 ZIP trades at 1× p/s, below its 1× p/s peer median. Our $0.96 fair value sits above the price; low confidence. Not investment advice.
Multiple (P/S)
0.7x
peer 1.2x · own history —
Premium
0.6x peer
Growth the price needs
279%
our forecast -11%
Our fair value
$0.96
range $0.46 – $2.64
WhyValuation methods disagreeEarnings too small for P/EPeer anchor overstates the discount
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
expensiveexpensive — growth-justified12-month view
What's priced inUnjustified
The market is pricing in roughly 279% near-term growth, well above our forecast of about -11%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only expensive valuation — not the full expensive x weak x turbulent stack. Regime (Crisis) does not concentrate fragility.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
neutralOperating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Communication Services names rated neutral grew net income 46% of the time over the next year (vs 61% for the rest of the cohort, n=902).
46th pctl · Communication Services
Earnings quality
loss makingOver the trailing year it converted -0.70x of net income into operating cash flow.
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, long-term interest rates, Fed net liquidity, real (inflation-adjusted) rates.
Management & capital allocation
neutral6 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Communication Services names rated neutral grew net income 53% of the time over the next year (vs 63% for the rest of the cohort, n=271).
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
BearishEPS revised -8.8% / 30d, n=2for period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $0.09 → $0.08 (-8.8% / 30d). 1 raised, 1 cut, 2 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 20% of analysts rate Buy.
Sector context
Intermediate · WeeklySector phase: communication services is in declining, with may be transitioning (~0.2 years in phase).
Sector regime (90d momentum): headwind.Secular epoch: Mature by revenue growth · theme streaming/OTT.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- neutral
- Earnings discipline
- strong
- Margin discipline
- neutral
- Balance sheet
- strong
- Post-call reaction
- neutral
A guidance track record builds as the company issues and delivers on guidance.
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$431.
How much price usually moves either way.
On a bad day, this stock has moved -$796.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $6,949.
Deepest peak-to-trough drop in the last year.
highas of 2026-06-16
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- DownsideHigh confidenceWeeksactive 4d
Watch for changes in unemployment claims data
Why it matters: More unemployment claims could mean a weaker job market. This may affect ZipRecruiter's business.
What confirms / what disproves
Confirms:Weekly unemployment claims go above 300,000 for two weeks in a row.
Disproves:Weekly unemployment claims stay under 300,000 for two weeks in a row.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
- 2026-06-151d agoTechRadar
Risks to user trust may impact competitive positioning.
ChallengesUnconfirmed report
This sector is also watching
- Watch for revenue growth cooling below 10% YoY
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like GOOGL, GOOG, and META keep beating earnings and guiding higher, the Communication Services sector momentum should keep lifting ZIP and other Communication Services names. Worth watching these names for early signals.
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for ZIP and other Communication Services names, since rate-sensitive parts of the market tend to rally when the Fed eases.
- If ZIP raises forward guidance on the next earnings call (currently NEW as of 2026-05-07), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If ZIP cuts guidance on the next call (currently NEW as of 2026-05-07), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like GOOGL, GOOG, and META start missing or guiding lower, the Communication Services tailwind helping ZIP and other Communication Services names could fade. Watch these names for early warning.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-071mo agoItem 2.02
Results of Operations and Financial Condition. On May 7, 2026, ZipRecruiter, Inc. (“ZipRecruiter” or the "Company") issued a press release (the “Press Release”) and will hold a conference call (the “Earnings Call” announcing its financial results for the quarter ended March 31, 2026 and financial outlook. The Company also published a letter to shareholders announcing its financial results for the quarter ended March 31, 2026 and financial outlook (the “Shareholder Letter”). Copies of the Pres…
Earnings preannouncementpositive
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+0.8 vs last weeklatest as of 2026-06-17
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.