Wall Street Zen Downgrades KANZHUN (NASDAQ:BZ) to Hold

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

Several other brokerages also recently weighed in on BZ. Zacks Research downgraded shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of KANZHUN in a research note on Monday, September 22nd. Barclays lifted their target price on KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a research note on Wednesday, November 19th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. One investment 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 MarketBeat.com, KANZHUN presently has a consensus rating of “Moderate Buy” and an average target price of $24.00.

KANZHUN Price Performance

BZ stock opened at $19.27 on Friday. The company has a market cap of $8.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.43. The company has a fifty day moving average price of $20.73 and a 200 day moving average price of $21.43. KANZHUN has a 12 month low of $13.28 and a 12 month high of $25.26.

Institutional Trading of KANZHUN

A number of institutional investors have recently modified their holdings of BZ. First Horizon Corp purchased a new position in KANZHUN in the third quarter worth $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of KANZHUN during the 1st quarter worth $27,000. Hantz Financial Services Inc. lifted its stake in shares of KANZHUN by 194.1% in the third quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock valued at $77,000 after purchasing an additional 2,170 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of KANZHUN by 39.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock valued at $75,000 after purchasing an additional 1,185 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in KANZHUN by 52.5% during the second quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock worth $93,000 after buying an additional 1,792 shares in the last quarter. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

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.