KANZHUN (NASDAQ:BZ) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of KANZHUN (NASDAQ:BZ) from a hold rating to a buy rating in a research note published on Saturday.

BZ has been the topic of several other reports. Barclays increased their price target on KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, November 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday, December 29th. Finally, Zacks Research downgraded KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One investment 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. According to data from MarketBeat, KANZHUN has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

KANZHUN Trading Down 0.5%

Shares of BZ stock opened at $15.07 on Friday. 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 $18.21 and its 200 day moving average is $20.85. The stock has a market capitalization of $6.30 billion, a P/E ratio of 19.83 and a beta of 0.45.

Hedge Funds Weigh In On KANZHUN

Hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new position in KANZHUN during the second quarter valued at $123,984,000. Krane Funds Advisors LLC lifted 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 worth $413,311,000 after buying an additional 3,819,347 shares in the last quarter. Schroder Investment Management Group grew its holdings 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 buying an additional 3,352,779 shares in the last quarter. Capital International Investors increased its stake in KANZHUN by 70.3% in the 3rd quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock worth $188,262,000 after acquiring an additional 3,326,548 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of KANZHUN by 299.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,399,712 shares of the company’s stock worth $78,491,000 after acquiring an additional 3,298,187 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.