Analysts Set KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) PT at $24.00

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) have been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $24.00.

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group restated a “buy” rating on shares of KANZHUN in a report on Monday, September 22nd. Zacks Research downgraded KANZHUN from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings restated a “hold (c+)” rating on shares of KANZHUN in a research note on Monday, December 29th. Finally, Barclays boosted their target price on shares of KANZHUN from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th.

KANZHUN Stock Performance

BZ opened at $19.27 on Friday. The firm has a market cap of $8.02 billion, a P/E ratio of 25.36 and a beta of 0.43. The business has a 50 day moving average price of $20.73 and a 200 day moving average price of $21.43. KANZHUN has a twelve month low of $13.28 and a twelve month high of $25.26.

Institutional Investors Weigh In On KANZHUN

Several hedge funds have recently made changes to their positions in BZ. Schroder Investment Management Group increased its stake in KANZHUN by 15.5% during the third quarter. Schroder Investment Management Group now owns 21,081,099 shares of the company’s stock valued at $494,141,000 after acquiring an additional 2,822,778 shares during the period. Krane Funds Advisors LLC grew its holdings in shares of KANZHUN by 24.7% during the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock worth $413,311,000 after purchasing an additional 3,819,347 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of KANZHUN by 9.3% during the second quarter. JPMorgan Chase & Co. now owns 9,455,233 shares of the company’s stock valued at $168,681,000 after purchasing an additional 801,373 shares during the period. CoreView Capital Management Ltd raised its stake in shares of KANZHUN by 3.3% in the third quarter. CoreView Capital Management Ltd now owns 9,447,889 shares of the company’s stock valued at $220,703,000 after purchasing an additional 298,584 shares in the last quarter. Finally, Capital International Investors raised its stake in shares of KANZHUN by 70.3% in the third quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock valued at $188,262,000 after purchasing an additional 3,326,548 shares in the last quarter. Institutional investors 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.