KANZHUN (NASDAQ:BZ) Issues Earnings Results, Beats Expectations By $0.01 EPS

KANZHUN (NASDAQ:BZ) posted its earnings results on Tuesday. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01, FiscalAI reports. The company had revenue of $353.05 million for the quarter, compared to analyst estimates 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%

Shares of KANZHUN stock opened at $15.44 on Tuesday. The firm has a market cap of $6.33 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 1.76 and a beta of 0.48. KANZHUN has a 52-week low of $12.57 and a 52-week high of $25.26. The company’s 50-day simple moving average is $14.88 and its 200-day simple moving average is $14.70.

Institutional Investors Weigh In On KANZHUN

A number of large investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in KANZHUN in the first quarter valued at $27,000. Kestra Advisory Services LLC acquired a new stake in KANZHUN in the fourth quarter valued at $29,000. Smartleaf Asset Management LLC acquired a new stake in shares of KANZHUN during the 4th quarter valued at approximately $53,000. Osaic Holdings Inc. grew its position in shares of 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 last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of KANZHUN by 315.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after purchasing an additional 4,442 shares in the last quarter. 60.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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.