Barclays Lowers KANZHUN (NASDAQ:BZ) Price Target to $19.00

KANZHUN (NASDAQ:BZ) had its price objective dropped by investment analysts at Barclays from $28.00 to $19.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s target price would indicate a potential upside of 41.74% from the company’s previous close.

Several other research analysts also recently commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Wall Street Zen raised shares of KANZHUN from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, KANZHUN has a consensus rating of “Moderate Buy” and an average target price of $23.00.

KANZHUN Stock Performance

KANZHUN stock traded up $0.01 during mid-day trading on Friday, hitting $13.41. The company’s stock had a trading volume of 1,463,093 shares, compared to its average volume of 3,892,276. KANZHUN has a one year low of $13.12 and a one year high of $25.26. The stock has a market cap of $5.61 billion, a PE ratio of 16.19 and a beta of 0.45. The company has a 50 day moving average of $17.22 and a 200-day moving average of $20.39.

Institutional Trading of KANZHUN

A number of hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new stake in shares of KANZHUN in the 1st quarter valued at about $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of KANZHUN during the 1st quarter worth approximately $27,000. Millennium Management LLC lifted its position in KANZHUN by 85.3% during the first quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock valued at $18,059,000 after acquiring an additional 433,705 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in KANZHUN by 39.2% during the second quarter. PNC Financial Services Group Inc. now owns 4,211 shares of the company’s stock valued at $75,000 after acquiring an additional 1,185 shares during the last quarter. Finally, Prudential PLC boosted its stake in KANZHUN by 16.3% in the second quarter. Prudential PLC now owns 153,414 shares of the company’s stock valued at $2,737,000 after acquiring an additional 21,499 shares in the last quarter. 60.67% of the stock is owned by hedge funds and other institutional investors.

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.