KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $23.00.
Several analysts have commented on BZ shares. Barclays lowered their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Wall Street Zen downgraded KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st.
Check Out Our Latest Report on KANZHUN
Insider Activity
Institutional Investors Weigh In On KANZHUN
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in KANZHUN during the second quarter valued at about $123,984,000. Krane Funds Advisors LLC raised its position in shares of KANZHUN by 24.7% in the third quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock valued at $413,311,000 after purchasing an additional 3,819,347 shares during the period. Schroder Investment Management Group lifted its stake in shares of 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 buying an additional 3,352,779 shares in the last quarter. Capital International Investors lifted its stake in shares of 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 buying an additional 3,326,548 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in 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 buying an additional 3,298,187 shares during the period. 60.67% of the stock is currently owned by institutional investors.
KANZHUN Stock Performance
Shares of NASDAQ:BZ opened at $13.39 on Wednesday. The company has a market capitalization of $5.60 billion, a P/E ratio of 16.13 and a beta of 0.45. The company’s 50-day moving average is $16.28 and its 200 day moving average is $19.74. KANZHUN has a fifty-two week low of $13.04 and a fifty-two week high of $25.26.
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.
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