Want to see BZ full AI Analyst Report?
Top Page
Kanzhun Ltd Sponsored
(NASDAQ:BZ)
Select Model
Select Model
Rating:80Outperform
Price Target:
$19.00
▲(23.22% Upside)
Action:Reiterated
Date:07/11/26
Overall score is driven primarily by very strong financial performance (high margins, strong cash generation, and minimal leverage) and a positive earnings call with solid guidance and ongoing buybacks. Valuation is supportive at a moderate P/E with a modest yield. The main offset is a mixed technical picture, with the stock still below longer-term moving averages and limited momentum signals.
Positive Factors
Strong free cash flow conversion
TTM free cash flow that nearly equals reported net income demonstrates high-quality cash generation and earnings convertibility. This durable cash yield funds R&D, buybacks and dividends, reduces refinancing risk and gives management flexibility to invest in AI and product development over the medium term.
Negative Factors
Sustainability risk of recent margin spike
The company’s recent rapid margin expansion follows years of swingy profitability and includes one‑time gains; this raises the structural risk that margins could normalize if mix, pricing or competitive intensity shifts. Reversion would materially reduce free cash flow and constrain long‑term return consistency.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow conversion
TTM free cash flow that nearly equals reported net income demonstrates high-quality cash generation and earnings convertibility. This durable cash yield funds R&D, buybacks and dividends, reduces refinancing risk and gives management flexibility to invest in AI and product development over the medium term.
Read all positive factors
Kanzhun Ltd Sponsored (BZ) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$7.64B
Dividend Yield1.03%
Average Volume (3M)3.21M
Price to Earnings (P/E)14.9
Beta (1Y)1.20
Revenue Growth12.91%
EPS Growth77.61%
CountryUS
Employees4,884
SectorCommunication Services
Sector Strength97
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)7.36
Shares Outstanding410,148,560
10 Day Avg. Volume2,703,662
30 Day Avg. Volume3,211,612
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)3.21
Price to Sales (P/S)7.77
P/FCF Ratio14.48
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$19.88Price Target Upside28.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)8.52
Revenue Forecast (FY)$9.30B
Kanzhun Ltd Sponsored Business Overview & Revenue Model
Company Description
Kanzhun Limited, established in 2013 and headquartered in Beijing, China, manages BOSS Zhipin, a leading online recruitment platform. This service operates within the People's Republic of China, streamlining the hiring journey by connecting indivi...
How the Company Makes Money
Kanzhun primarily makes money by monetizing its recruitment platform with employers as the main paying customer group. Its core revenue stream is paid employer services, where companies pay for access to recruiting functionalities and visibility t...
Kanzhun Ltd Sponsored Earnings Call Summary
Earnings Call Date:May 20, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 20, 2026
Earnings Call Sentiment Positive
The call presented multiple strong operational and financial positives: solid user and paid customer growth, healthy adjusted profitability and margins, strong cash generation, and tangible early AI productivity and revenue signals. Management acknowledged short‑term seasonality headwinds, one‑time investment income volatility and the need to continue investing in AI and new businesses which will moderate margin expansion. AI monetization is promising but still small in absolute terms. Overall, the positive growth, margins, cash balance and proactive buybacks outweigh the challenges.Positive Updates
User Acquisition and MAU Growth
Acquired over 15 million newly verified users from January to April 2026; company believes achieving over 14 million newly verified users for the full year is achievable. March MAU exceeded 72 million, up 4.6% year‑on‑year; Q1 average MAU cited around ~60 million with April close to March levels indicating post‑CNY rebound.
Negative Updates
Modest Q1 Revenue Growth and Seasonality Headwind
Q1 revenue growth was modest (~7.6%–8% YoY) and management highlighted a headwind from a later Chinese New Year (one peak month in 2026 vs two in 2025), compressing peak recruiting season into March and muting Q1 comparables.
Read all updates
Q1-2026 Updates
Positive
Negative
User Acquisition and MAU Growth
Acquired over 15 million newly verified users from January to April 2026; company believes achieving over 14 million newly verified users for the full year is achievable. March MAU exceeded 72 million, up 4.6% year‑on‑year; Q1 average MAU cited around ~60 million with April close to March levels indicating post‑CNY rebound.
Read all positive updates
Company Guidance
Guidance: management reiterated Q2 2026 revenue guidance of RMB 2.38–2.42 billion (up 13.2%–15.1% YoY) and said full‑year revenue growth should be stronger than Q1 and at least double‑digit YoY; they expect to achieve over 14 million early verified users for the year (having added >15 million Jan–Apr) and to continue repurchases/dividends under the policy of allocating no less than 50% of prior year adjusted net income (year‑to‑date buybacks >USD200m ≈3% of shares; ~10% repurchased since 2022). Q1 baselines cited include revenue ~RMB2.07–2.1bn (up ~7.6%–8% YoY), adjusted operating income ~RMB810–815m (up ~17.8% YoY) with a 39.4% adjusted operating margin (+3.4pp YoY), adjusted net income RMB856m (up 12%) and adjusted net margin 41.4% (+1.7pp YoY); paid enterprise customers 7.1m TTM (+10.9% YoY, +4.4% QoQ), MAU >72m in March (+4.6% YoY) with Q1 average MAU ~60m, net cash from operations RMB1.2bn (+19% YoY), cash balance ~RMB19.8bn, and share‑based comp expected around 9% of revenue; management expects modest further margin expansion despite continued AI and new‑business investment.Kanzhun Ltd Sponsored Financial Statement Overview
Summary
Income Statement
92
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
90
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.40B | 8.27B | 7.36B | 5.95B | 4.51B | 4.26B |
| Gross Profit | 7.18B | 7.03B | 6.12B | 4.89B | 3.76B | 3.70B |
| EBITDA | 5.02B | 4.02B | 2.52B | 1.65B | 404.40M | -822.11M |
| Net Income | 3.37B | 2.74B | 1.58B | 1.10B | 107.25M | -1.07B |
Balance Sheet | ||||||
| Total Assets | 25.54B | 24.57B | 19.31B | 17.94B | 14.83B | 13.64B |
| Cash, Cash Equivalents and Short-Term Investments | 20.42B | 19.95B | 14.68B | 12.91B | 13.21B | 12.23B |
| Total Debt | 123.13M | 158.04M | 302.13M | 280.09M | 295.03M | 310.90M |
| Total Liabilities | 5.07B | 4.49B | 4.35B | 4.51B | 3.19B | 2.97B |
| Stockholders Equity | 20.46B | 20.03B | 14.87B | 13.43B | 11.64B | 10.67B |
Cash Flow | ||||||
| Free Cash Flow | 4.66B | 4.43B | 2.69B | 2.09B | 662.92M | 1.38B |
| Operating Cash Flow | 4.74B | 4.55B | 3.54B | 3.05B | 1.00B | 1.64B |
| Investing Cash Flow | -5.48B | -4.61B | -2.02B | -9.94B | -2.82B | -601.86M |
| Financing Cash Flow | 1.38B | 1.65B | -1.46B | -417.02M | -669.23M | 6.43B |
Kanzhun Ltd Sponsored Technical Analysis
Positive
15.42
Price Trends
14.21
Positive
14.00
Positive
16.89
Negative
Market Momentum
0.66
Negative
68.83
Neutral
90.64
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BZ, the sentiment is Positive. The current price of 15.42 is above the 20-day moving average (MA) of 15.20, above the 50-day MA of 14.21, and below the 200-day MA of 16.89, indicating a neutral trend. The MACD of 0.66 indicates Negative momentum. The RSI at 68.83 is Neutral, neither overbought nor oversold. The STOCH value of 90.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BZ.
Kanzhun Ltd Sponsored Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $7.64B | 14.92 | 17.65% | 1.09% | 12.91% | 77.61% | |
65 Neutral | $181.87M | -92.32 | -2.30% | ― | -9.39% | 72.47% | |
63 Neutral | $1.13B | 10.90 | 17.92% | ― | 2.52% | -52.38% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
58 Neutral | $1.93B | -120.50 | -24.52% | 4.96% | 2.64% | -140.86% | |
55 Neutral | $2.44B | 23.40 | 5.06% | 2.81% | 6.72% | ― | |
53 Neutral | $321.20M | -14.08 | 32.87% | ― | -3.33% | -45.12% |
* Communication Services Sector Average
BZ
Kanzhun Ltd Sponsored
16.46
-2.71
-14.14%
DHX
DHI Group
4.04
1.35
50.19%
NSP
Insperity
53.63
8.79
19.61%
MAN
ManpowerGroup
54.10
17.27
46.88%
UPWK
Upwork
9.54
-2.50
-20.76%
ZIP
ZipRecruiter
4.20
0.29
7.42%
Kanzhun Ltd Sponsored Corporate Events
Kanzhun Limited Reports June 2026 Share Movements, Confirms Public Float Compliance
Jul 7, 2026
For the month ended June 30, 2026, Kanzhun Limited reported to the Hong Kong Exchanges that its authorised share capital remained unchanged at 2 billion ordinary shares split between Class A and Class B, with total registered capital of USD 200,00...
Kanzhun Details Late-May to June 2026 Share Repurchases in Hong Kong Filing
Jul 1, 2026
Kanzhun Limited reported in a July 1, 2026 filing that its issued share capital remained unchanged at 820,296,931 Class A ordinary shares as of June 30, 2026, with no treasury shares on its Hong Kong listing. The company also disclosed that by Jun...
Kanzhun Details June 2026 Share Option Exercise and Ongoing Buybacks
Jun 30, 2026
On June 30, 2026, Kanzhun Limited filed a Form 6-K in the United States and a Next Day Disclosure Return in Hong Kong detailing minor changes to its share capital structure. The company reported the exercise of 5,000 share options by a non-directo...
Kanzhun Discloses June 2026 Share Issuances and Extensive Buybacks
Jun 29, 2026
On June 29, 2026, Kanzhun Limited reported changes to its share capital structure for late May and June 2026, including the issuance of new Class A ordinary shares under its share incentive plans and an ongoing share repurchase program. On June 26...
Kanzhun Details Late-May to June 2026 Share Repurchases and Stable Share Capital
Jun 26, 2026
In a regulatory filing for June 2026, Kanzhun Limited reported that its total number of issued Class A ordinary shares remained unchanged at 820,282,861 between June 24 and June 25, 2026, with no treasury shares outstanding. As of June 25, 2026, t...
Kanzhun Shareholders Approve All AGM Resolutions, Renew Board Mandates
Jun 25, 2026
On June 25, 2026, Beijing-based Kanzhun Limited, operator of China’s BOSS Zhipin online recruitment platform, reported that shareholders approved all resolutions at its annual general meeting. The meeting confirmed continued governance stabi...
Kanzhun Limited Details June 2026 Share Option Exercise and Ongoing Buybacks
Jun 25, 2026
In a regulatory filing dated June 25, 2026, Kanzhun Limited reported minor changes to its share capital structure, including the issuance of 4,000 new Class A ordinary shares on June 24, 2026, following the exercise of employee share options at an...
Kanzhun Steps Up Nasdaq Share Buybacks as Hong Kong Float Holds Steady
Jun 24, 2026
Kanzhun Limited reported in a June 24, 2026 filing that its issued share capital of Class A ordinary shares on the Hong Kong Stock Exchange remained unchanged at 820,278,861 shares between June 22 and June 23, 2026, with no treasury shares outstan...
Kanzhun Steps Up Nasdaq Buybacks as Hong Kong Share Count Holds Steady
Jun 23, 2026
Kanzhun Limited reported no change in its total issued Class A ordinary shares between June 18 and June 22, 2026, maintaining 820,278,861 shares outstanding. As of June 22, 2026, 24,031,922 Class A shares were held by the depositary for bulk issua...
Kanzhun Updates Share Capital After RSU Vesting and June Buybacks
Jun 22, 2026
Kanzhun Limited reported changes to its share capital structure in June 2026, primarily reflecting equity incentives and capital management actions in its Hong Kong–listed Class A ordinary shares. On June 18, 2026, the company issued 407,484...
Kanzhun Steps Up U.S.-Listed Share Buybacks in Mid-June 2026
Jun 18, 2026
Kanzhun Limited reported in a June 18, 2026 filing that its issued share capital of 819,871,377 Class A ordinary shares on the Hong Kong Stock Exchange remained unchanged between June 16 and June 17, 2026. The company confirmed that, as of June 17...
Kanzhun Updates Share Count After June Equity Awards and Ongoing Buybacks
Jun 17, 2026
On June 17, 2026, Kanzhun Limited filed a Form 6-K detailing a Hong Kong Stock Exchange Next Day Disclosure Return covering changes in its Class A ordinary share capital. On June 16, 2026, the company issued 2,000 new shares on exercise of options...
Kanzhun Ramps Up Share Buybacks and Issues New Shares on Option Exercises
Jun 16, 2026
On June 16, 2026, Kanzhun filed a Form 6-K reporting changes to its share capital, including a small issuance of 14,250 new Class A ordinary shares on June 15, 2026 following the exercise of employee share options at an issue price of about US$4.3...
Kanzhun Updates Share Capital After Buybacks and Class B-to-A Conversions
Jun 15, 2026
Kanzhun Limited reported changes to its share capital structure in a June 15, 2026 filing, detailing activity through June 12, 2026, including repurchases and conversions between its dual-class shares. The company cancelled 24,334,590 Class A shar...
Kanzhun Details Ongoing Share Buybacks and ADS Reserve Allocation in June 2026 Filing
Jun 12, 2026
Kanzhun Limited reported in a June 12, 2026 filing that its issued Class A ordinary shares stood at 840,583,601 as of June 11, 2026, with no treasury shares and no changes in its total issued share count over that period. The company detailed an e...
Kanzhun Details Extensive Share Buybacks With No Change in Issued Share Capital
Jun 11, 2026
Kanzhun Limited reported to the U.S. Securities and Exchange Commission on June 11, 2026, that its issued share capital remained unchanged at 840,583,601 Class A ordinary shares as of June 10, 2026, with no treasury shares outstanding. The company...
Kanzhun Details Ongoing Share Buybacks and Confirms Stable Share Count as of June 9, 2026
Jun 10, 2026
Kanzhun Limited reported in a June 10, 2026 filing that its total issued Class A ordinary shares on the Hong Kong Stock Exchange stood at 840,583,601 as of June 9, 2026, with no changes in the number of issued or treasury shares during the latest ...
Kanzhun Details Share Option Exercises and Ongoing Buybacks in June 2026 Filing
Jun 8, 2026
Kanzhun Limited reported to the U.S. Securities and Exchange Commission in a June 8, 2026 Form 6-K that its issued share capital changed slightly after the exercise of share options by a non-director participant on June 5, 2026, increasing its Cla...
Kanzhun Details Share Option Exercise and Ongoing Buybacks in June 6-K Filing
Jun 5, 2026
On June 5, 2026, Kanzhun Limited filed a Form 6-K with U.S. regulators detailing changes to its Hong Kong–listed Class A share capital, including a minor option exercise and extensive buybacks in recent months. On June 4, 2026, 2,000 new Cla...
Kanzhun Details June Share Issuance and Ongoing Buybacks in Latest 6-K
Jun 4, 2026
On June 4, 2026, Kanzhun Limited filed a Form 6-K reporting changes in its share capital and ongoing buyback activity relating to its Hong Kong–listed Class A ordinary shares. The filing discloses that on June 3, 2026, the company issued 10,...
Kanzhun Details Option Exercises and Aggressive Share Buybacks in June 3 Filing
Jun 3, 2026
On June 3, 2026, Kanzhun Limited filed a Form 6-K in the United States disclosing a Next Day Disclosure Return to the Hong Kong Stock Exchange, detailing recent changes in its Class A ordinary share capital. The filing, signed by director and chie...
Kanzhun Details Share Issuances and Extensive Buyback Activity Through June 1, 2026
Jun 2, 2026
Kanzhun Limited reported changes to its share capital structure in a June 2, 2026 filing, disclosing minor issuances of Class A ordinary shares tied to employee share option exercises and the vesting and settlement of restricted share units on Jun...
Kanzhun Details Late-May Share Issuance and Ongoing Buyback Activity
Jun 1, 2026
Kanzhun Limited reported a minor change in its share capital structure in late May 2026, issuing 12,000 new Class A ordinary shares on May 29, 2026 through the exercise of share options under its share incentive scheme. Following this issuance, th...
Kanzhun Details May 2026 Share Option Issuance and Ongoing Buybacks
May 29, 2026
Kanzhun Limited disclosed changes in its Hong Kong-listed Class A ordinary shares for late May 2026, highlighting a small issuance of 9,500 new shares on May 28, 2026 via the exercise of share options under its share incentive schemes. Following t...
Kanzhun Details Extensive March–May 2026 Share Buybacks With No Change in Issued Share Count
May 28, 2026
Kanzhun Limited reported to the U.S. Securities and Exchange Commission in a Form 6-K for May 2026 that its issued Class A ordinary share count on the Hong Kong Stock Exchange remained unchanged at 840,479,467 shares between May 26 and May 27, 202...
Kanzhun Details Share Issuance for RSUs and Ongoing Buybacks in May 2026 Filing
May 27, 2026
Kanzhun Limited reported changes to its share capital structure in a May 27, 2026 filing, detailing the vesting and settlement on May 26, 2026 of 20,000 restricted share units for participants under its share incentive plans, which increased its i...
Kanzhun Details Option-Driven Share Issuance and Ongoing Buybacks Through May 2026
May 26, 2026
Kanzhun Limited reported to the U.S. Securities and Exchange Commission in late May 2026 that its issued share capital on the Hong Kong Stock Exchange changed following the exercise of employee share options. On May 22, 2026, 37,000 new Class A or...
Kanzhun Limited Reports Stable Share Capital Amid Ongoing Buybacks
May 22, 2026
On May 22, 2026, Kanzhun Limited filed a Form 6-K in the United States and a Next Day Disclosure Return in Hong Kong reporting no change in its total issued Class A ordinary shares between May 20 and May 21, 2026, which remained at 840,422,467. As...
Kanzhun Details Share Buybacks and Stable Share Capital in May 2026 Filing
May 19, 2026
Kanzhun Limited reported to the U.S. Securities and Exchange Commission in May 2026 that its issued share capital remained unchanged at 840,422,467 Class A ordinary shares as of May 18, 2026, with no treasury shares outstanding. The company also d...
Kanzhun Details Ongoing Share Buybacks and Stable Share Capital in May 2026 Filing
May 18, 2026
Kanzhun Limited reported in a May 18, 2026 filing that its issued share capital on the Hong Kong Stock Exchange remained unchanged between May 14 and May 15, 2026, at 840,422,467 Class A ordinary shares, with no treasury shares recorded. The compa...
Kanzhun Details March–May 2026 Share Buybacks and Stable Share Count
May 15, 2026
Kanzhun Limited reported to the U.S. Securities and Exchange Commission in May 2026 that its issued share capital remained unchanged at 840,422,467 Class A ordinary shares between May 13 and May 14, 2026, with no treasury shares on its books. As o...
Kanzhun Discloses Ongoing Share Buybacks and Stable Share Capital as of May 13, 2026
May 14, 2026
On May 14, 2026, Kanzhun Limited reported to U.S. regulators and the Hong Kong Stock Exchange that its issued share capital remained unchanged at 840,422,467 Class A ordinary shares as of May 13, 2026, with no treasury shares outstanding. The disc...
Kanzhun Details March–May 2026 Share Buybacks and Stable Share Capital
May 13, 2026
Kanzhun Limited reported to the U.S. Securities and Exchange Commission in a Form 6-K for May 2026 that its issued share capital on the Hong Kong Stock Exchange remained unchanged at 840,422,467 Class A ordinary shares between May 11 and May 12, 2...
Kanzhun Details March–May 2026 Share Buybacks and Stable Share Count in Hong Kong Filing
May 12, 2026
Kanzhun Limited reported via a May 2026 Form 6-K and a Hong Kong Next Day Disclosure Return that its issued Class A ordinary shares outstanding remained unchanged at 840,422,467 between May 8 and May 11, 2026, with no treasury shares recorded. The...
Kanzhun Details Extensive Share Buybacks and Stable Share Capital in May 2026 Filing
May 11, 2026
Kanzhun Limited has reported that its issued share capital, consisting of weighted voting rights Class A ordinary shares, remained unchanged at 840,422,467 shares between May 7 and May 8, 2026, with no treasury shares outstanding. The filing also ...
Kanzhun Details March–May 2026 Share Buybacks and Confirms Stable Share Count
May 6, 2026
Kanzhun Limited reported to the U.S. Securities and Exchange Commission on May 6, 2026, that its total issued Class A ordinary shares on the Hong Kong Stock Exchange stood at 840,422,467 as of May 5, 2026, with no change in the overall number of i...
Kanzhun Details March–May 2026 Share Buybacks With No Change in Issued Share Count
May 5, 2026
Kanzhun Limited reported in a May 5, 2026 filing that its total issued Class A ordinary shares on the Hong Kong Stock Exchange remained unchanged at 840,422,467 as of May 4, 2026, with no new shares issued or treasury shares recorded during the pe...
Kanzhun Discloses Ongoing Share Buybacks and Stable Share Capital as of May 1, 2026
May 4, 2026
Kanzhun Limited reported in a May 4, 2026 filing that its issued share capital remained unchanged at 840,422,467 Class A ordinary shares as of May 1, 2026, with no treasury shares recorded. The company also disclosed a series of on-market share re...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.