KANZHUN (NASDAQ:BZ) Raised to Hold at Zacks Research

KANZHUN (NASDAQ:BZ) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Several other equities research analysts also recently issued reports on BZ. Barclays cut their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, March 20th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $23.00.

KANZHUN Stock Performance

Shares of BZ stock opened at $13.80 on Wednesday. KANZHUN has a 52 week low of $12.85 and a 52 week high of $25.26. The company has a market capitalization of $5.80 billion, a price-to-earnings ratio of 13.53 and a beta of 0.49. The company has a 50-day simple moving average of $13.78 and a 200 day simple moving average of $17.46.

Insider Activity

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total transaction of $446,720.00. Following the transaction, the chief executive officer owned 576,000 shares in the company, valued at $4,020,480. This represents a 10.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On KANZHUN

Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its stake in KANZHUN by 38.5% during the 1st quarter. Bank of America Corp DE now owns 6,083,025 shares of the company’s stock worth $81,452,000 after acquiring an additional 1,690,275 shares during the period. Quantinno Capital Management LP lifted its position in shares of KANZHUN by 86.6% during the 1st quarter. Quantinno Capital Management LP now owns 109,175 shares of the company’s stock valued at $1,462,000 after acquiring an additional 50,660 shares during the period. Lazard Asset Management LLC lifted its position in shares of KANZHUN by 45.8% during the 1st quarter. Lazard Asset Management LLC now owns 2,001,349 shares of the company’s stock valued at $26,798,000 after acquiring an additional 628,993 shares during the period. Renaissance Technologies LLC grew its holdings in shares of KANZHUN by 43.3% during the 1st quarter. Renaissance Technologies LLC now owns 5,698,667 shares of the company’s stock worth $76,305,000 after purchasing an additional 1,722,700 shares in the last quarter. Finally, Perseverance Asset Management International increased its position in shares of KANZHUN by 1,603.8% in the first quarter. Perseverance Asset Management International now owns 4,287,565 shares of the company’s stock worth $57,410,000 after purchasing an additional 4,035,923 shares during the period. 60.67% of the stock is currently owned by institutional investors.

KANZHUN News Roundup

Here are the key news stories impacting KANZHUN this week:

• Positive Sentiment: KANZHUN reported stronger-than-expected quarterly earnings in some coverage, with earnings growth year over year, and management highlighted continued expansion in revenue and user base. Kanzhun Ltd (BZ) Q1 2026 Earnings Call Highlights: Strong Growth in Revenue and User Base Amid …
• Positive Sentiment: Analysts continue to view the stock favorably, with a consensus recommendation of “Moderate Buy,” which can help support sentiment after earnings. KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: The company also announced its annual general meeting for June 25, 2026, with the board backing the proposed resolutions; this is routine corporate governance news and is unlikely to move the stock much on its own. KANZHUN LIMITED to Hold Annual General Meeting on June 25, 2026
• Negative Sentiment: Investors are also reacting to the company’s official first-quarter results and guidance, which showed earnings below some expectations and second-quarter revenue guidance below consensus, raising concerns about near-term growth momentum. KANZHUN LIMITED Announces First Quarter 2026 Financial Results

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.