KANZHUN (NASDAQ:BZ) Now Covered by Analysts at Bank of America

Research analysts at Bank of America initiated coverage on shares of KANZHUN (NASDAQ:BZ) in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage set a “neutral” rating and a $74.00 price target on the stock. Bank of America‘s price target points to a potential upside of 375.88% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $16.50 to $18.00 in a report on Friday, June 5th. Finally, Weiss Ratings raised KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 5th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $32.20.

KANZHUN Stock Performance

BZ opened at $15.55 on Tuesday. The stock has a market capitalization of $6.38 billion, a PE ratio of 15.25 and a beta of 0.48. KANZHUN has a one year low of $12.57 and a one year high of $25.26. The business’s 50 day moving average price is $14.66 and its 200 day moving average price is $14.80.

Institutional Trading of KANZHUN

Several institutional investors have recently added to or reduced their stakes in BZ. Kestra Advisory Services LLC purchased a new stake in KANZHUN in the fourth quarter valued at approximately $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in KANZHUN during the first quarter worth $27,000. Larson Financial Group LLC lifted its stake in KANZHUN by 93.1% during the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after purchasing an additional 815 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of KANZHUN during the fourth quarter worth $41,000. Finally, Parallel Advisors LLC boosted its position in shares of KANZHUN by 5,732.4% during the first quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock worth $29,000 after buying an additional 2,121 shares during the period. Institutional investors and hedge funds own 60.67% of the company’s stock.

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.