Brokerages Set KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Target Price at $24.00

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) has earned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $24.00.

A number of analysts have commented on the company. The Goldman Sachs Group reiterated a “buy” rating on shares of KANZHUN in a research report on Monday, September 22nd. Zacks Research downgraded KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Barclays boosted their price objective on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th. Wall Street Zen upgraded shares of KANZHUN from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research report on Monday.

KANZHUN Price Performance

Shares of NASDAQ:BZ opened at $21.05 on Monday. The firm has a market capitalization of $8.74 billion, a price-to-earnings ratio of 27.69 and a beta of 0.42. The business’s 50 day simple moving average is $21.35 and its 200-day simple moving average is $21.15. KANZHUN has a 12 month low of $12.85 and a 12 month high of $25.26.

Institutional Investors Weigh In On KANZHUN

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

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.