KANZHUN (NASDAQ:BZ) Upgraded at Wall Street Zen

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

Other equities analysts also recently issued reports about the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Zacks Research cut shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Barclays lifted their price objective on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. One equities 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

KANZHUN Stock Performance

Shares of KANZHUN stock opened at $19.26 on Friday. KANZHUN has a 52-week low of $13.28 and a 52-week high of $25.26. The company has a fifty day moving average of $20.54 and a 200-day moving average of $21.44. The stock has a market capitalization of $8.01 billion, a price-to-earnings ratio of 25.34 and a beta of 0.43.

Hedge Funds Weigh In On KANZHUN

A number of large investors have recently bought and sold shares of BZ. Assetmark Inc. boosted its position in KANZHUN by 34,417.8% during the 4th quarter. Assetmark Inc. now owns 15,533 shares of the company’s stock valued at $317,000 after acquiring an additional 15,488 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in KANZHUN by 70.6% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 5,591,441 shares of the company’s stock valued at $113,954,000 after purchasing an additional 2,313,922 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of KANZHUN by 61.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,094,415 shares of the company’s stock worth $22,304,000 after purchasing an additional 417,714 shares during the period. Aberdeen Group plc grew its position in shares of KANZHUN by 0.9% during the 4th quarter. Aberdeen Group plc now owns 331,329 shares of the company’s stock valued at $6,752,000 after acquiring an additional 2,861 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in KANZHUN by 2.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,250,611 shares of the company’s stock worth $47,060,000 after acquiring an additional 60,729 shares in the last quarter. Hedge funds and other 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.