KANZHUN (NASDAQ:BZ) Upgraded by Wall Street Zen to Buy Rating

KANZHUN (NASDAQ:BZ) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Tuesday.

Other research analysts have also issued reports about the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 15th. Barclays raised their price target on KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, November 19th. Zacks Research cut KANZHUN from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of KANZHUN in a research note on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $24.00.

KANZHUN Stock Up 1.0%

Shares of KANZHUN stock opened at $21.03 on Tuesday. KANZHUN has a 12-month low of $12.85 and a 12-month high of $25.26. The stock has a market capitalization of $8.73 billion, a P/E ratio of 27.67 and a beta of 0.42. The stock has a 50 day moving average price of $21.39 and a two-hundred day moving average price of $21.13.

Hedge Funds Weigh In On KANZHUN

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cerity Partners LLC increased its position in shares of KANZHUN by 2.5% during the 2nd quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock worth $398,000 after purchasing an additional 549 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of KANZHUN by 0.6% during the third quarter. Exchange Traded Concepts LLC now owns 105,613 shares of the company’s stock worth $2,467,000 after buying an additional 600 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of KANZHUN by 0.5% in the third quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock valued at $4,373,000 after acquiring an additional 861 shares during the last quarter. Genus Capital Management Inc. boosted its holdings in shares of KANZHUN by 7.7% in the 2nd quarter. Genus Capital Management Inc. now owns 14,000 shares of the company’s stock worth $250,000 after acquiring an additional 1,000 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of KANZHUN by 25.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock worth $124,000 after acquiring an additional 1,079 shares in the last quarter. 60.67% of the stock is currently owned by institutional investors.

KANZHUN Company Profile

Kanzhun Ltd. (NASDAQ: BZ) operates a leading AI-driven online recruitment platform under the brand name Boss Zhipin. The platform leverages algorithmic job matching and instant in-app messaging to connect job seekers and employers, streamlining the hiring process and reducing time-to-fill. By combining machine-learning recommendations with direct recruiter interactions, Kanzhun aims to create a more efficient, personalized recruitment experience compared with traditional job boards.

Beyond its core peer-to-peer marketplace, Kanzhun provides a suite of premium services for corporate clients, including employer branding packages, targeted marketing campaigns and SaaS-based human capital management tools.