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 report released on Sunday morning.

A number of other analysts have also issued reports on BZ. Barclays lifted their price target on KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 19th. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. Finally, Zacks Research lowered shares of 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 assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

KANZHUN Stock Up 1.5%

BZ stock opened at $19.28 on Friday. The stock has a market capitalization of $8.06 billion, a P/E ratio of 25.37 and a beta of 0.43. KANZHUN has a 52 week low of $13.28 and a 52 week high of $25.26. The firm has a 50-day simple moving average of $20.48 and a 200-day simple moving average of $21.47.

Hedge Funds Weigh In On KANZHUN

Hedge funds have recently modified their holdings of the business. Schroder Investment Management Group boosted its stake in KANZHUN by 15.5% during the third quarter. Schroder Investment Management Group now owns 21,081,099 shares of the company’s stock worth $494,141,000 after buying an additional 2,822,778 shares during the period. Krane Funds Advisors LLC lifted its holdings in shares of KANZHUN by 24.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after acquiring an additional 3,819,347 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of KANZHUN by 9.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,455,233 shares of the company’s stock worth $168,681,000 after acquiring an additional 801,373 shares during the last quarter. CoreView Capital Management Ltd boosted its position in shares of KANZHUN by 3.3% during the 3rd quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock worth $220,703,000 after purchasing an additional 298,584 shares during the period. Finally, Capital International Investors increased its holdings in KANZHUN by 70.3% in the 3rd quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock valued at $188,262,000 after purchasing an additional 3,326,548 shares during 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.