Kanzhun (NASDAQ:BZ) Releases Earnings Results, Misses Estimates By $0.06 EPS

Kanzhun (NASDAQ:BZ - Get Free Report) issued its earnings results on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.06), Zacks reports. Kanzhun had a return on equity of 10.31% and a net margin of 20.65%. Kanzhun updated its Q2 2025 guidance to EPS.

Kanzhun Price Performance

Shares of NASDAQ:BZ traded down $0.65 on Thursday, reaching $17.25. 834,324 shares of the company traded hands, compared to its average volume of 4,511,400. The stock has a market capitalization of $6.71 billion, a PE ratio of 38.33 and a beta of 0.35. Kanzhun has a fifty-two week low of $10.57 and a fifty-two week high of $22.74. The company's 50 day moving average is $16.78 and its 200-day moving average is $15.42.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on BZ shares. Barclays increased their price objective on Kanzhun from $16.00 to $22.00 and gave the stock an "overweight" rating in a report on Thursday, March 13th. Sanford C. Bernstein reissued a "market perform" rating and set a $18.00 price target on shares of Kanzhun in a 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's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $21.71.

Institutional Trading of Kanzhun

Institutional investors and hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Kanzhun in the 1st quarter valued at $27,000. AQR Capital Management LLC bought a new position in Kanzhun in the 1st quarter valued at $201,000. Finally, Millennium Management LLC increased its stake in shares of Kanzhun by 85.3% in the 1st quarter. Millennium Management LLC now owns 942,035 shares of the company's stock valued at $18,059,000 after buying an additional 433,705 shares during the period. 60.67% of the stock is currently owned by institutional investors.

About Kanzhun

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.

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