KANZHUN (NASDAQ:BZ) Stock Price Up 6.5% – Still a Buy?

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ)’s share price was up 6.5% during mid-day trading on Wednesday . The company traded as high as $14.82 and last traded at $15.1610. Approximately 143,263 shares were traded during trading, a decline of 96% from the average daily volume of 3,945,339 shares. The stock had previously closed at $14.23.

Analysts Set New Price Targets

Several equities research analysts have commented on BZ shares. Wall Street Zen lowered shares of KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Barclays decreased their price objective on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, March 20th. Finally, Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and raised their target price for the company from $16.50 to $18.00 in a research report on Friday, June 5th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $21.75.

KANZHUN Price Performance

The firm has a market cap of $6.21 billion, a price-to-earnings ratio of 14.85 and a beta of 0.50. The firm’s fifty day moving average is $13.80 and its two-hundred day moving average is $15.38.

Institutional Trading of KANZHUN

A number of institutional investors have recently made changes to their positions in BZ. Schroder Investment Management Group increased its stake in shares of KANZHUN by 15.9% during the fourth quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after acquiring an additional 3,352,779 shares during the period. Vanguard Group Inc. lifted its position in KANZHUN by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 13,340,529 shares of the company’s stock worth $271,880,000 after purchasing an additional 194,820 shares during the period. Capital International Investors lifted its position in KANZHUN by 22.2% in the fourth quarter. Capital International Investors now owns 9,845,468 shares of the company’s stock worth $200,651,000 after purchasing an additional 1,786,308 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in KANZHUN by 14.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,416,759 shares of the company’s stock valued at $191,915,000 after purchasing an additional 1,213,240 shares in the last quarter. Finally, State Street Corp boosted its stake in KANZHUN by 4.5% during the 4th quarter. State Street Corp now owns 7,006,834 shares of the company’s stock valued at $142,799,000 after purchasing an additional 299,001 shares in 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.