KANZHUN (NASDAQ:BZ) Cut to Hold at Wall Street Zen

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

Several other equities research analysts have also issued reports on the stock. Barclays raised their price target on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 19th. Zacks Research downgraded KANZHUN from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. One equities research 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 company. According to data from MarketBeat.com, KANZHUN currently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

KANZHUN Stock Performance

BZ opened at $16.30 on Friday. The firm has a market cap of $6.82 billion, a P/E ratio of 21.45 and a beta of 0.43. KANZHUN has a fifty-two week low of $13.28 and a fifty-two week high of $25.26. The firm has a 50-day moving average of $19.21 and a 200 day moving average of $21.26.

Hedge Funds Weigh In On KANZHUN

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BZ. First Horizon Corp bought a new position in shares of KANZHUN during the third quarter valued at approximately $30,000. Kestra Advisory Services LLC purchased a new stake in shares of KANZHUN during the fourth quarter valued at about $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in KANZHUN in the first quarter worth $27,000. Larson Financial Group LLC increased its position in KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after buying an additional 815 shares in the last quarter. Finally, Leonteq Securities AG purchased a new position in shares of KANZHUN in the 4th quarter valued at approximately $41,000. 60.67% of the stock is owned by institutional investors.

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.