招聘需求改善

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研报掘金|中金:上调BOSS直聘目标价至23美元 招聘需求持续改善
Ge Long Hui· 2025-08-22 09:12
Core Viewpoint - BOSS Zhipin's revenue for the second quarter reached 2.1 billion yuan, representing a year-on-year growth of 9.7%, slightly exceeding expectations [1] - The non-GAAP net profit was 946 million yuan, higher than anticipated, primarily due to strong gross margin performance and effective control of sales and R&D expense ratios [1] - The guidance for third-quarter revenue is projected to be between 2.13 billion and 2.16 billion yuan, in line with expectations [1] Financial Projections - The company maintains its revenue forecasts for this year and next year, while increasing its non-GAAP net profit estimates by 8% and 6% to 3.52 billion and 3.75 billion yuan, respectively [1] - The target price for BOSS Zhipin's U.S. stock has been raised by 9.5% to $23, with a maintained "outperform" rating, reflecting improved recruitment demand and better-than-expected expense control [1]