KANZHUN (NASDAQ:BZ) Announces Quarterly Earnings Results

KANZHUN (NASDAQ:BZ) posted its quarterly earnings results on Tuesday. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01, FiscalAI reports. The firm had revenue of $353.05 million for the quarter, compared to the consensus estimate of $354.63 million. KANZHUN had a return on equity of 15.19% and a net margin of 40.21%.

KANZHUN Stock Down 3.2%

BZ opened at $15.44 on Tuesday. KANZHUN has a fifty-two week low of $12.57 and a fifty-two week high of $25.26. The firm has a market cap of $6.33 billion, a PE ratio of 15.14, a P/E/G ratio of 1.76 and a beta of 0.48. The business has a fifty day simple moving average of $14.88 and a 200-day simple moving average of $14.70.

Hedge Funds Weigh In On KANZHUN

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in KANZHUN during the first quarter valued at $27,000. Kestra Advisory Services LLC acquired a new position in KANZHUN during the fourth quarter valued at approximately $29,000. Smartleaf Asset Management LLC acquired a new stake in shares of KANZHUN in the fourth quarter valued at about $53,000. Osaic Holdings Inc. increased its position in KANZHUN by 52.5% during the second quarter. Osaic Holdings Inc. now owns 5,203 shares of the company’s stock worth $93,000 after acquiring an additional 1,792 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of KANZHUN by 315.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after buying an additional 4,442 shares during the period. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Bank of America assumed coverage on shares of KANZHUN in a research report on Tuesday, August 18th. They set a “neutral” rating and a $19.00 price target on the stock. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Sanford C. Bernstein raised KANZHUN from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $16.50 to $18.00 in a report on Friday, June 5th. Finally, Weiss Ratings raised shares of KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $18.67.

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.