Are there any changes or revisions to the company's guidance for the remainder of 2025, and what are the underlying assumptions?

Guidance – No revision disclosed

The ZipRecruiter Q2‑2025 release does not announce any alteration to the company’s 2025 outlook. The shareholder letter simply provides the “complete second‑quarter results, financial guidance, and management commentary,” implying that the guidance previously issued for the balance of the year remains unchanged.

Underlying assumptions

- Soft labor market backdrop – Management repeatedly stresses that the broader labor market is still soft, which underpins expectations for modest, but steady, job‑posting growth.

- Continued user‑base expansion – The company assumes its recent product roll‑outs and brand‑building initiatives will keep driving incremental job‑seeker and employer sign‑ups.

- Stable pricing and margin trajectory – No major pricing shifts or cost‑structure changes are hinted at, so the guidance likely rests on the continuation of current pricing models and the incremental efficiency gains already disclosed.

Trading implications

- Neutral to mildly bullish – With guidance unchanged and the same macro assumptions still in place, the stock’s valuation should largely reflect the existing earnings outlook. Any upside will now be driven by execution (e.g., higher‑than‑expected ad spend, faster product adoption) rather than a surprise in guidance.

- Technical angle – The price is currently testing the Q2‑2025 high‑range resistance around the 30‑day moving average. A breakout above this level with volume could signal the market is pricing in a more optimistic scenario (e.g., a tightening labor market), while a failure to break higher may keep the stock in a range‑bound, neutral stance.

Actionable take‑away

Maintain a neutral‑to‑light‑long position until there is either (a) a clear beat‑or‑miss of the existing guidance in upcoming quarters, or (b) a macro shift that materially alters the “soft labor market” assumption. In the short term, watch for price action around the 30‑day MA; a decisive move above it could justify a modest addition, whereas a drop below the recent low‑range may warrant a defensive trim.