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

KANZHUN (NASDAQ:BZ) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Several other research firms have also recently weighed in on BZ. Barclays boosted their price objective on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Zacks Research cut shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $24.00.

KANZHUN Stock Performance

Shares of NASDAQ BZ opened at $15.14 on Friday. The stock has a market cap of $6.33 billion, a price-to-earnings ratio of 19.92 and a beta of 0.45. The business has a 50 day simple moving average of $18.32 and a 200 day simple moving average of $20.92. KANZHUN has a 52 week low of $13.28 and a 52 week high of $25.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. First Horizon Corp bought a new position in KANZHUN in the 3rd quarter valued at about $30,000. Kestra Advisory Services LLC acquired a new position in KANZHUN in the 4th quarter valued at $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of KANZHUN during the 1st quarter valued at $27,000. Larson Financial Group LLC raised its position in shares of KANZHUN by 93.1% in the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after buying an additional 815 shares in the last quarter. Finally, Leonteq Securities AG acquired a new stake in shares of KANZHUN during the 4th quarter worth approximately $41,000. Institutional investors own 60.67% of the company’s stock.

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.