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

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

A number of other equities research analysts have also weighed in on the stock. Barclays raised their price target on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, November 19th. Zacks Research lowered KANZHUN from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $24.00.

KANZHUN Price Performance

KANZHUN stock opened at $15.14 on Friday. The stock has a market capitalization of $6.33 billion, a P/E ratio of 19.92 and a beta of 0.45. KANZHUN has a 12-month low of $13.28 and a 12-month high of $25.26. The firm’s 50-day moving average is $18.32 and its two-hundred day moving average is $20.92.

Hedge Funds Weigh In On KANZHUN

A number of hedge funds have recently modified their holdings of the stock. Invesco Ltd. lifted its holdings in shares of KANZHUN by 4.5% in the fourth quarter. Invesco Ltd. now owns 3,493,465 shares of the company’s stock valued at $71,197,000 after purchasing an additional 148,919 shares in the last quarter. Vident Advisory LLC lifted its position in shares of KANZHUN by 3.5% in the fourth quarter. Vident Advisory LLC now owns 41,929 shares of the company’s stock worth $855,000 after purchasing an additional 1,426 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in shares of KANZHUN by 17.5% during the fourth quarter. Mackenzie Financial Corp now owns 1,126,832 shares of the company’s stock worth $22,998,000 after purchasing an additional 167,814 shares during the period. XTX Topco Ltd purchased a new position in KANZHUN during the fourth quarter valued at approximately $1,221,000. Finally, Wellington Management Group LLP increased its stake in KANZHUN by 7.1% in the 4th quarter. Wellington Management Group LLP now owns 1,805,744 shares of the company’s stock valued at $36,801,000 after buying an additional 120,413 shares during the period. 60.67% of the stock is currently owned by institutional investors and hedge funds.

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.