KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Given Average Rating of “Moderate Buy” by Brokerages

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) has received an average rating of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $21.75.

A number of research analysts have recently issued reports on BZ shares. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Sanford C. Bernstein raised shares of KANZHUN from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $16.50 to $18.00 in a report on Friday, June 5th. Finally, Barclays reduced their target price on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a research note on Friday, March 20th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC purchased a new stake in KANZHUN in the first quarter valued at approximately $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of KANZHUN in the first quarter valued at $27,000. Millennium Management LLC boosted its holdings in shares of KANZHUN by 85.3% during the first quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock worth $18,059,000 after purchasing an additional 433,705 shares during the last quarter. American Century Companies Inc. increased its position in KANZHUN by 3.1% during the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock worth $1,244,000 after purchasing an additional 2,096 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in KANZHUN by 315.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after buying an additional 4,442 shares in the last quarter. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

KANZHUN Stock Performance

Shares of BZ opened at $14.23 on Friday. KANZHUN has a fifty-two week low of $12.57 and a fifty-two week high of $25.26. The company’s fifty day moving average is $13.77 and its 200 day moving average is $15.46. The stock has a market capitalization of $5.84 billion, a PE ratio of 13.95 and a beta of 0.50.

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.