KANZHUN (NASDAQ:BZ) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of KANZHUN (NASDAQ:BZ) from a buy rating to a hold rating in a report released on Saturday.

Several other brokerages have also recently commented on BZ. Barclays upped their target price on KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, November 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Zacks Research cut shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

KANZHUN Trading Up 1.6%

NASDAQ BZ opened at $17.48 on Friday. The business’s 50-day moving average price is $19.28 and its two-hundred day moving average price is $21.29. KANZHUN has a 12 month low of $13.28 and a 12 month high of $25.26. The firm has a market capitalization of $7.31 billion, a PE ratio of 23.00 and a beta of 0.43.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Invesco Ltd. grew its holdings in KANZHUN by 4.5% in the fourth quarter. Invesco Ltd. now owns 3,493,465 shares of the company’s stock worth $71,197,000 after purchasing an additional 148,919 shares during the period. Vident Advisory LLC boosted its position in shares of KANZHUN by 3.5% during the 4th quarter. Vident Advisory LLC now owns 41,929 shares of the company’s stock worth $855,000 after purchasing an additional 1,426 shares in the last quarter. Mackenzie Financial Corp boosted its position in shares of KANZHUN by 17.5% during the 4th quarter. Mackenzie Financial Corp now owns 1,126,832 shares of the company’s stock worth $22,998,000 after purchasing an additional 167,814 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of KANZHUN in the 4th quarter valued at about $1,221,000. Finally, Wellington Management Group LLP increased its position in KANZHUN by 7.1% in the 4th quarter. Wellington Management Group LLP now owns 1,805,744 shares of the company’s stock valued at $36,801,000 after buying an additional 120,413 shares in the last quarter. 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.