KANZHUN (NASDAQ:BZ) Downgraded to “Hold” Rating by Wall Street Zen

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

Other equities analysts have also recently issued reports about the company. Zacks Research cut KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Barclays increased their target price on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, November 19th. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of KANZHUN in a research note on Monday, September 22nd. One 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 an average target price of $24.00.

KANZHUN Stock Up 0.4%

BZ stock opened at $19.27 on Friday. The firm has a market capitalization of $8.02 billion, a PE ratio of 25.36 and a beta of 0.43. KANZHUN has a twelve month low of $13.28 and a twelve month high of $25.26. The stock’s 50 day moving average is $20.73 and its 200-day moving average is $21.40.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Cerity Partners LLC raised its holdings in shares of KANZHUN by 2.5% in the 2nd quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock worth $398,000 after purchasing an additional 549 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of KANZHUN by 0.6% in the third quarter. Exchange Traded Concepts LLC now owns 105,613 shares of the company’s stock valued at $2,467,000 after buying an additional 600 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of KANZHUN by 0.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock valued at $4,373,000 after buying an additional 861 shares during the last quarter. Genus Capital Management Inc. lifted its position in shares of KANZHUN by 7.7% during the 2nd quarter. Genus Capital Management Inc. now owns 14,000 shares of the company’s stock valued at $250,000 after buying an additional 1,000 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of KANZHUN by 25.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,290 shares of the company’s stock worth $124,000 after acquiring an additional 1,079 shares during the period. 60.67% of the stock is owned by 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.