KANZHUN (NASDAQ:BZ) Stock Rating Lowered by Wall Street Zen

KANZHUN (NASDAQ:BZ) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Other equities research 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 report on Monday, November 10th. Barclays upped their target price on shares of KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a research note on Wednesday, November 19th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

KANZHUN Stock Performance

NASDAQ BZ opened at $17.48 on Friday. The stock has a 50-day simple moving average of $19.28 and a 200 day simple moving average of $21.29. KANZHUN has a twelve month low of $13.28 and a twelve month high of $25.26. The stock has a market capitalization of $7.31 billion, a PE ratio of 23.00 and a beta of 0.43.

Institutional Trading of KANZHUN

Several institutional investors have recently bought and sold shares of the stock. First Horizon Corp acquired a new position in KANZHUN during the third quarter worth $30,000. Kestra Advisory Services LLC acquired a new stake in shares of KANZHUN during the 4th quarter worth about $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of KANZHUN during the 1st quarter worth about $27,000. Larson Financial Group LLC lifted its holdings in KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after purchasing an additional 815 shares during the last quarter. Finally, Leonteq Securities AG acquired a new position in KANZHUN in the fourth quarter valued at about $41,000. 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.