Kanzhun (BZ) to Release Earnings on Thursday

Kanzhun (NASDAQ:BZ) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 22nd. Analysts expect the company to announce earnings of $0.22 per share and revenue of $1.92 billion for the quarter.

Kanzhun Stock Down 0.1%

NASDAQ BZ opened at $18.24 on Tuesday. Kanzhun has a twelve month low of $10.57 and a twelve month high of $22.74. The business has a 50-day moving average price of $16.84 and a 200-day moving average price of $15.38. The firm has a market cap of $7.10 billion, a price-to-earnings ratio of 40.53 and a beta of 0.35.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BZ. Barclays upped their price target on Kanzhun from $16.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, March 13th. Sanford C. Bernstein restated a “market perform” rating and set a $18.00 target price on shares of Kanzhun in a research report on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Kanzhun has an average rating of “Moderate Buy” and a consensus target price of $21.71.

Institutional Investors Weigh In On Kanzhun

Several large investors have recently added to or reduced their stakes in BZ. Millennium Management LLC boosted its stake in 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 buying an additional 433,705 shares during the period. AQR Capital Management LLC purchased a new position in shares of Kanzhun during the 1st quarter worth about $201,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Kanzhun during the 1st quarter valued at about $27,000. 60.67% of the stock is owned by institutional investors.

Kanzhun Company Profile

Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.