SOHU · NASDAQ · Internet Content & Information

Sohu.com (ADR) (SOHU)

Runs Chinese media properties and Changyou's TLBB online-game franchise.

$12.69
vs last close−0.15 (−1.17%)
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Sohu.com LimitedSOHU
Communication Services

Operates Sohu News, Sohu Video, and web portals alongside Changyou's online games. Marketing services monetize the media platform, while virtual-item purchases in TLBB games supply the bulk of revenue.

Operates the Sohu News App, Sohu Video App, and the m.sohu.com and www.sohu.com portals, where advertising and related marketing services monetize media destinations and user content. Paid subscriptions, platform revenue-sharing, and interactive broadcasting add other revenue streams.

Changyou, a wholly owned subsidiary, operates online games and a platform-channel business. TLBB PC and Legacy TLBB Mobile are the dominant games; game points fund virtual items, features, and functions.

Most products and services are provided in the Chinese mainland. The business depends on domestic platform distribution, advertising demand, and continued operation of Changyou's games.

Company facts

CEOCharles Zhang
ListedJun 1, 2018
ExchangeNASDAQ
HeadquartersBeijing, China
CountryChina
Employees4,000
CIK0001734107
ISINUS83410S1087

Market cap$385.9M
EPS (ttm)$8.60
P/E (ttm)1.49
ROE18.7%
P/B0.3006
P/S0.6430
Dividend yieldDiv yield
Beta0.64vs XLC 0.43

Price target$19.00+48.0%Average of 18 analysts
ConsensusHold10 of 18 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 10, 2026JefferiesReiterate
Rating: Target: $18
Rating: BuyTarget: $19
May 18, 2026JefferiesTarget
Target: $20
Target: $18
Nov 17, 2025JefferiesReiterate
Rating: Target: $15.20
Rating: BuyTarget: $20

Next report
Nov 16, 26
in 55 days
EPS estimate
Revenue estimate
$135.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.49−$0.55−$0.68$0.33$9.77−$0.16$0.02Pending
Estimate
Surprise

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$134.7M$135.6M$126.7M$180.4M$142.3M$141.3M$135.5MPending
Estimate$142.9M$121.0M$135.8M$135.8M
Surprise−0.4%+16.8%−0.2%
Estimate
ReportedDue Nov 16, 2026
Estimate$135.8M
ReportedDue Nov 16, 2026
View details

Debt to equity0.00%
Current ratio301.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$152.0M$134.7M$135.6M$126.7M$180.4M$142.3M$141.7M$135.8M
Net income−$16.3M−$21.3M$182.2M−$20.1M$8.7M$223.3M−$4.3M$970.6K
Net margin0.0%0.0%134.3%0.0%4.8%157.0%0.0%0.7%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$13.0M−$25.2M−$19.0M−$22.4M$13.6M−$28.4M−$6.8M−$18.3M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowedTurned profitLoss widenedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $833.0M · Total debt $0 · Total assets $1.62B · Shareholders' equity $1.28B

Revenue
$135.8M
Operating income
−$18.3M
Net income
$970.6K
View details

No dividends on record.

Institutions22.00%6.61M ADS
52 holders · as of Jun 30, 2026
Insiders38.20%11.48M ADS
3 holders · as of Mar 18, 2026
Strategic holders36.75%11.05M ADS
1 holder · as of Sep 16, 2022
Other3.05%919.0K ADS
remainder

30.07M ADS as of Sep 19, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (26.07M in the company's Sep 22, 2026 report, 30.07M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Charles Zhang1,2Insiderdirector, 10 percent owner, officer: Chairman of the Board and CEO
38.07%11.44M ordinaryfiled Sep 16, 2022
Photon Group LimitedStrategic
36.75%11.05Mfiled Sep 16, 2022
Macquarie Management Holdings, Inc.Institution
8.96%2.69M ADSas of Jun 30, 2026
Acadian Asset Management LLCInstitution
3.04%914,937 ADSas of Jun 30, 2026
Renaissance Technologies LLCInstitution
2.57%773,812 ADSas of Jun 30, 2026
  1. Charles Zhang's transaction reports restate only vehicles that traded; the 2022 ownership statement (11.44M) is used instead.
  2. Charles Zhang reports a block also reported by Photon Group Limited; it is counted once, under Photon Group Limited.

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

CompanyPriceChange
Sohu.com (ADR)$12.69−1.17%$385.9M1.50.6+7.0%
NetEase (ADR)$118.80+1.13%$75.00B15.715.04.3+13.9%
Median15.715.04.3+13.9%