KANZHUN (NASDAQ:BZ) Cut to Hold at Wall Street Zen

KANZHUN (NASDAQ:BZ) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

BZ has been the subject of several other reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. Zacks Research downgraded shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Barclays increased their price objective on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, KANZHUN currently has an average rating of “Moderate Buy” and an average target price of $24.00.

KANZHUN Price Performance

KANZHUN stock opened at $17.48 on Friday. The company has a market cap of $7.31 billion, a PE ratio of 23.00 and a beta of 0.43. KANZHUN has a 12 month low of $13.28 and a 12 month high of $25.26. The company has a fifty day moving average price of $19.28 and a two-hundred day moving average price of $21.28.

Institutional Investors Weigh In On KANZHUN

A number of institutional investors and hedge funds have recently modified their holdings of BZ. First Horizon Corp acquired a new stake in shares of KANZHUN in the third quarter worth about $30,000. Kestra Advisory Services LLC acquired a new position in shares of KANZHUN during the 4th quarter valued at about $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of KANZHUN in the 1st quarter valued at approximately $27,000. Larson Financial Group LLC lifted its holdings in KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after purchasing an additional 815 shares during the last quarter. Finally, Leonteq Securities AG acquired a new stake in KANZHUN in the 4th quarter worth approximately $41,000. 60.67% of the stock is owned by institutional investors and hedge funds.

About KANZHUN

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.