Analysts Set KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Target Price at $21.75

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) have been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $21.75.

BZ has been the subject of several recent research reports. Sanford C. Bernstein raised KANZHUN from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $16.50 to $18.00 in a research report on Friday, June 5th. Weiss Ratings upgraded shares of KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday. Finally, Zacks Research raised shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th.

KANZHUN Stock Up 2.4%

NASDAQ BZ opened at $16.47 on Tuesday. The firm has a market capitalization of $6.76 billion, a PE ratio of 16.15 and a beta of 0.48. The stock’s 50 day moving average is $14.42 and its 200 day moving average is $14.95. KANZHUN has a twelve month low of $12.57 and a twelve month high of $25.26.

Hedge Funds Weigh In On KANZHUN

Several large investors have recently made changes to their positions in the business. WCM Investment Management LLC increased its position in KANZHUN by 374.7% during the 1st quarter. WCM Investment Management LLC now owns 1,529,841 shares of the company’s stock valued at $20,408,000 after buying an additional 1,207,553 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in KANZHUN by 70.6% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 5,591,441 shares of the company’s stock worth $113,954,000 after acquiring an additional 2,313,922 shares in the last quarter. Vanguard Group Inc. boosted its holdings in KANZHUN by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock worth $271,880,000 after acquiring an additional 194,820 shares in the last quarter. LBP AM SA grew its stake in shares of KANZHUN by 215.3% in the fourth quarter. LBP AM SA now owns 262,547 shares of the company’s stock worth $5,351,000 after acquiring an additional 179,272 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of KANZHUN by 217.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 286,787 shares of the company’s stock worth $5,845,000 after acquiring an additional 196,332 shares during the last quarter. 60.67% of the stock is currently owned by hedge funds and other 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.