Kanzhun Q2 Revenue Jumps 14%, Declares $230M Dividend, Guides Q3 Growth
BZ sits 20% above its 52-week low of $12.57.
Summary
Kanzhun delivered a strong Q2: revenue up 14% to RMB2.4B, adjusted net income up 9%, and operating margin expanded 5 points on AI-driven efficiency. Paid enterprise customers grew 10.8%, the core driver. The company declared a US$230M annual dividend and completed over US$300M in buybacks, reinforcing shareholder returns. Q3 guidance of RMB2.41-2.50B implies continued double-digit growth. This follows a series of aggressive buyback filings over the past quarter, signaling management confidence. The stock trades at 12x forward earnings with a consensus buy rating and a median price target 48% above current levels.
At the time of this announcement, BZ was trading at $15.09 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.6B. The 52-week trading range was $12.57 to $25.26. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.