Kanzhun Limited remains a Buy, leveraging AI and pricing to extract more value from its large user base. BZ's shift to AI-enabled, closed-loop hiring and success-based pricing is driving pricing upside and robust monetization momentum. Significant upside exists as BZ increases pricing in upper-tier cities and expands internationally, with services still underpriced versus global peers.
After reaching an important support level, KANZHUN LIMITED Sponsored ADR (BZ) could be a good stock pick from a technical perspective. BZ recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Kanzhun Limited (BZ) Q2 2026 Earnings Call Transcript
KANZHUN NASDAQ: BZ reported second-quarter 2026 revenue of RMB2.4 billion, up 14% from a year earlier, as the online recruitment platform cited user-base expansion and improved monetization from higher-value services. The company forecast third-quarter revenue of RMB2.41 billion to RMB2.5 billion, representing year-over-year growth of 11.4% to 15.6%.
KANZHUN LIMITED Sponsored ADR (BZ) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.29 per share a year ago.
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I rate Kanzhun Ltd. (BZ) a buy, as the market underestimates AI's positive impact on BZ's recruitment platform. BZ's two-sided scale and direct chat model create defensible network effects, making it difficult for competitors to replicate its value proposition. Growth will be driven by converting more of BZ's 36.8 million verified enterprise users into paid customers, especially among SMEs and blue-collar employers.
Kanzhun Limited remains a buy as Q1 underlying signals improved despite headline revenue distortion from a later Chinese New Year. Large enterprise recovery, blue-collar revenue exceeding 40% of total, and measurable AI monetization reinforce BZ's growth thesis. Margins remain robust: 85% gross, ~42% EBITDA, ~30% EBIT, with a net cash balance and attractive ~11x forward P/E valuation.
Kanzhun Limited (BZ) Q1 2026 Earnings Call Transcript
KANZHUN LIMITED Sponsored ADR (BZ) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago.
I maintain a 'Buy' rating for Kanzhun, following my assessment of its quarterly performance and future cash distributions. The company achieved a 37% YoY operating profit increase for 4Q2025, thanks to its expansion in the lower-tier city and small enterprise segments. Management's new shareholder return target commits to distributing at least 50% of forward earnings, which implies a potential 4.7% yield.
Kanzhun Limited (BZ) Q4 2025 Earnings Call Transcript