KANZHUN (NASDAQ:BZ) Downgraded by Wall Street Zen to Hold

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

Several other equities analysts also recently issued reports on BZ. Barclays upped their target price 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, Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

KANZHUN Stock Up 1.6%

BZ opened at $17.48 on Friday. The company has a market capitalization of $7.31 billion, a PE ratio of 23.00 and a beta of 0.43. The firm has a 50-day simple moving average of $19.28 and a two-hundred day simple moving average of $21.28. KANZHUN has a 52 week low of $13.28 and a 52 week high of $25.26.

Institutional Investors Weigh In On KANZHUN

Several hedge funds have recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of KANZHUN in the second quarter worth $123,984,000. Krane Funds Advisors LLC boosted its stake in shares of KANZHUN by 24.7% during the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock valued at $413,311,000 after buying an additional 3,819,347 shares during the last quarter. Schroder Investment Management Group boosted its stake in KANZHUN by 15.9% during the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after acquiring an additional 3,352,779 shares during the last quarter. Capital International Investors boosted its stake in KANZHUN by 70.3% during the 3rd quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock valued at $188,262,000 after acquiring an additional 3,326,548 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of KANZHUN by 299.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,399,712 shares of the company’s stock worth $78,491,000 after purchasing an additional 3,298,187 shares during the last quarter. Institutional investors and hedge funds 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.