KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Receives $24.00 Consensus Price Target from Brokerages

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) have earned an average rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $24.00.

A number of analysts recently weighed in on BZ shares. The Goldman Sachs Group reaffirmed a “buy” rating on shares of KANZHUN in a research note on Monday, September 22nd. Barclays boosted their price target 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 reissued a “hold (c+)” rating on shares of KANZHUN in a report on Monday. Wall Street Zen raised shares of KANZHUN from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Zacks Research downgraded shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th.

KANZHUN Trading Up 0.1%

Shares of BZ stock opened at $21.05 on Monday. KANZHUN has a twelve month low of $12.85 and a twelve month high of $25.26. The stock has a fifty day simple moving average of $21.33 and a two-hundred day simple moving average of $21.17. The stock has a market capitalization of $8.74 billion, a price-to-earnings ratio of 27.70 and a beta of 0.42.

Hedge Funds Weigh In On KANZHUN

A number of large investors have recently made changes to their positions in the business. First Horizon Corp acquired a new stake in shares of KANZHUN in the 3rd quarter worth $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in KANZHUN in the first quarter valued at about $27,000. Brooklyn Investment Group boosted its holdings in KANZHUN by 3,115.4% in the first quarter. Brooklyn Investment Group now owns 2,926 shares of the company’s stock worth $56,000 after acquiring an additional 2,835 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of KANZHUN by 194.1% during the third quarter. Hantz Financial Services Inc. now owns 3,288 shares of the company’s stock worth $77,000 after acquiring an additional 2,170 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of KANZHUN by 39.2% during the second quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock worth $75,000 after acquiring an additional 1,185 shares during the last quarter. 60.67% of the stock is owned by institutional investors and hedge funds.

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.