Analysts Set KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) PT at $24.00

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) have received an average rating of “Moderate Buy” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $24.00.

A number of equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reissued a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. Barclays upped their price objective on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th. Finally, Zacks Research downgraded shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th.

KANZHUN Trading Down 1.3%

BZ stock opened at $19.02 on Friday. KANZHUN has a 12 month low of $13.28 and a 12 month high of $25.26. The stock has a market capitalization of $7.91 billion, a P/E ratio of 25.03 and a beta of 0.43. The firm has a 50-day moving average price of $20.65 and a 200-day moving average price of $21.45.

Institutional Investors Weigh In On KANZHUN

Hedge funds and other institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of KANZHUN in the first quarter valued at approximately $27,000. First Horizon Corp bought a new position in shares of KANZHUN during the third quarter valued at about $30,000. PNC Financial Services Group Inc. increased its stake in KANZHUN by 39.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock worth $75,000 after purchasing an additional 1,185 shares during the period. Hantz Financial Services Inc. boosted its position in KANZHUN by 194.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock valued at $77,000 after buying an additional 2,170 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in KANZHUN by 52.5% during the 2nd quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock valued at $93,000 after purchasing an additional 1,792 shares during the period. 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.