KANZHUN (NASDAQ:BZ) Releases Quarterly Earnings Results

Key Points

• KANZHUN reported quarterly EPS of $0.33, edging past the $0.32 consensus estimate, while revenue of $353.05 million came in slightly below analysts’ $354.63 million forecast.
• Shares fell 3.2% to open at $15.44, with the company posting a 40.21% net margin and 15.19% return on equity.
• Analyst sentiment remains cautiously positive, with a “Moderate Buy” consensus rating and an average price target of $18.67; institutional investors own 60.67% of the stock.

KANZHUN (NASDAQ:BZ - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01, FiscalAI reports. The company had revenue of $353.05 million during the quarter, compared to analyst estimates of $354.63 million. KANZHUN had a return on equity of 15.19% and a net margin of 40.21%.

KANZHUN Stock Down 3.2%

KANZHUN stock opened at $15.44 on Tuesday. The company has a market cap of $6.33 billion, a PE ratio of 15.14, a price-to-earnings-growth ratio of 1.76 and a beta of 0.48. KANZHUN has a twelve month low of $12.57 and a twelve month high of $25.26. The company's 50-day moving average price is $14.88 and its 200-day moving average price is $14.70.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BZ. Bank of America started coverage on shares of KANZHUN in a research report on Tuesday, August 18th. They set a "neutral" rating and a $19.00 price target for the company. Zacks Research upgraded shares of KANZHUN from a "strong sell" rating to a "hold" rating in a report on Wednesday, May 20th. Sanford C. Bernstein raised shares of KANZHUN from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $16.50 to $18.00 in a research report on Friday, June 5th. Finally, Weiss Ratings upgraded shares of KANZHUN from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $18.67.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in KANZHUN in the 1st quarter valued at $27,000. Kestra Advisory Services LLC acquired a new stake in shares of KANZHUN during the fourth quarter worth about $29,000. Smartleaf Asset Management LLC acquired a new stake in shares of KANZHUN during the 4th quarter worth approximately $53,000. Osaic Holdings Inc. increased its position in shares of KANZHUN by 52.5% in the second quarter. Osaic Holdings Inc. now owns 5,203 shares of the company's stock valued at $93,000 after buying an additional 1,792 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of KANZHUN by 315.5% in 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 during the last quarter. Hedge funds and other 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.

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