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KSPI Stock Forecast: JSC Kaspi.kz American Depositary Receipt Price Predictions for 2026

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$73.76

-0.89 (-1.19%)

KSPI Stock Forecast 2025-2026

$73.76
Current Price
$14.39B
Market Cap
7 Ratings
Buy 6
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to KSPI Price Targets

+82.0%
To High Target of $134.26
+49.9%
To Median Target of $110.58
+20.3%
To Low Target of $88.77

KSPI Price Momentum

+3.5%
1 Week Change
-1.1%
1 Month Change
-32.9%
1 Year Change
-22.1%
Year-to-Date Change
-35.0%
From 52W High of $113.55
+4.5%
From 52W Low of $70.61
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Latest KSPI Stock Price Targets & Analyst Predictions

Based on our analysis of 5 Wall Street analysts, KSPI has a bullish consensus with a median price target of $110.58 (ranging from $88.77 to $134.26). The overall analyst rating is Strong Buy (9.4/10). Currently trading at $73.76, the median forecast implies a 49.9% upside. This outlook is supported by 6 Buy, 1 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

KSPI Analyst Ratings

6
Buy
1
Hold
0
Sell

KSPI Price Target Range

Low
$88.77
Average
$110.58
High
$134.26
Current: $73.76

Latest KSPI Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for KSPI.

Date Firm Analyst Rating Change Price Target
Aug 20, 2025 JP Morgan Reginald Smith Neutral Downgrade $96.00
Aug 1, 2025 JP Morgan Reginald Smith Overweight Maintains $96.00
May 13, 2025 Susquehanna James Friedman Positive Maintains $130.00
Dec 2, 2024 JP Morgan Reginald Smith Overweight Maintains $137.00
Nov 4, 2024 Citigroup Ygal Arounian Buy Initiates $140.00
Aug 20, 2024 JP Morgan Reginald Smith Overweight Maintains $183.00
May 7, 2024 New Street Research Buy Initiates $175.00
Mar 11, 2024 JP Morgan Reginald Smith Overweight Initiates $159.00
Feb 27, 2024 Susquehanna James Friedman Positive Initiates $154.00
Feb 13, 2024 Wolfe Research Darrin Peller Outperform Initiates $130.00

JSC Kaspi.kz American Depositary Receipt (KSPI) Competitors

The following stocks are similar to Kaspi.kz based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

JSC Kaspi.kz American Depositary Receipt (KSPI) Financial Data

JSC Kaspi.kz American Depositary Receipt has a market capitalization of $14.39B with a P/E ratio of 6.8x. The company generates $6.95B in trailing twelve-month revenue with a 29.9% profit margin.

Revenue growth is +71.0% quarter-over-quarter, while maintaining an operating margin of +53.4% and return on equity of +59.6%.

Valuation Metrics

Market Cap $14.39B
Enterprise Value $41.25M
P/E Ratio 6.8x
PEG Ratio 0.9x
Price/Sales 0.0x

Growth & Margins

Revenue Growth (YoY) +71.0%
Gross Margin +70.4%
Operating Margin +53.4%
Net Margin +29.9%
EPS Growth +3.1%

Financial Health

Cash/Price Ratio +3,563.9%
Current Ratio 10.7x
Debt/Equity 18.7x
ROE +59.6%
ROA +15.2%
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JSC Kaspi.kz American Depositary Receipt logo

JSC Kaspi.kz American Depositary Receipt (KSPI) Business Model

About JSC Kaspi.kz American Depositary Receipt

What They Do

A fintech and e-commerce platform in Kazakhstan.

Business Model

The company operates a comprehensive ecosystem that includes digital payments, e-commerce, and consumer finance, generating revenue through transaction fees, merchant services, and financial product offerings. By enabling efficient consumer transactions and providing innovative financial solutions, it enhances market accessibility and liquidity.

Additional Information

JSC Kaspi.kz is notable for its significant role in Kazakhstan's economic modernization, making it a key player in the region's digital transformation. The American Depositary Receipt (ADR) structure allows U.S. investors to easily access this growing market.

Company Information

Sector

Technology

Industry

Software - Infrastructure

Employees

0

CEO

Mr. Mikheil N. Lomtadze

Country

Kazakhstan

IPO Year

2024

JSC Kaspi.kz American Depositary Receipt (KSPI) Latest News & Analysis

Latest News

KSPI stock latest news image
Quick Summary

Kaspi.kz (KSPI) will hold its Q3 2025 earnings call on November 10, 2025, at 8:00 AM EST, featuring key executives and analysts from major financial firms.

Why It Matters

Kaspi.kz's Q3 2025 earnings call may reveal key financial performance metrics and strategic insights, affecting stock valuation and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral
KSPI stock latest news image
Quick Summary

Kaspi.kz reported a 20% YoY revenue increase and a 12% YoY net income rise for Q3 2025, as per its unaudited consolidated financial results for the quarter ending September 30, 2025.

Why It Matters

Kaspi.kz's strong revenue and net income growth signals robust business performance, potentially boosting investor confidence and impacting stock valuation positively.

Source: GlobeNewsWire
Market Sentiment: Neutral
KSPI stock latest news image
Quick Summary

Kaspi.kz (KSPI US) will release its financial results for Q3 and nine months ending September 30, 2025, on November 10, 2025, with a conference call at 8:00 AM EST.

Why It Matters

Kaspi.kz's upcoming financial results and management call could impact stock performance, providing insights into growth, profitability, and market position, influencing investment decisions.

Source: GlobeNewsWire
Market Sentiment: Neutral
KSPI stock latest news image
Quick Summary

Alipay+ and Kaspi.kz have launched international cross-border QR payment acceptance in Kazakhstan, allowing users of 12 apps to make payments at numerous merchants nationwide.

Why It Matters

The launch of cross-border QR payments in Kazakhstan by Alipay+ and Kaspi.kz expands market reach and enhances digital payment infrastructure, potentially driving economic growth and consumer spending.

Source: Business Wire
Market Sentiment: Neutral
KSPI stock latest news image
Quick Summary

Kaspi reported strong Q2 results with revenue growth in Kazakhstan, maintaining a positive outlook. It sees growth in fintech and e-commerce, while expanding into Turkey with potential risks.

Why It Matters

Kaspi's strong Q2 performance and growth in key sectors signal resilience amid economic challenges. Expansion into Turkey offers growth opportunities but comes with risks, necessitating careful oversight.

Source: Seeking Alpha
Market Sentiment: Neutral
KSPI stock latest news image
Quick Summary

Kaspi.kz (NASDAQ:KSPI) will hold its Q2 2025 earnings conference call on August 4, 2025, at 8:00 AM ET, featuring key executives and analysts from major firms.

Why It Matters

The Q2 2025 earnings call for Kaspi.kz provides insights into the company's financial performance, which can influence stock valuation and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About KSPI Stock

What is JSC Kaspi.kz American Depositary Receipt's (KSPI) stock forecast for 2026?

Based on our analysis of 5 Wall Street analysts, JSC Kaspi.kz American Depositary Receipt (KSPI) has a median price target of $110.58. The highest price target is $134.26 and the lowest is $88.77.

Is KSPI stock a good investment in 2026?

According to current analyst ratings, KSPI has 6 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $73.76. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for KSPI stock?

Wall Street analysts predict KSPI stock could reach $110.58 in the next 12 months. This represents a 49.9% increase from the current price of $73.76. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is JSC Kaspi.kz American Depositary Receipt's business model?

The company operates a comprehensive ecosystem that includes digital payments, e-commerce, and consumer finance, generating revenue through transaction fees, merchant services, and financial product offerings. By enabling efficient consumer transactions and providing innovative financial solutions, it enhances market accessibility and liquidity.

What is the highest forecasted price for KSPI JSC Kaspi.kz American Depositary Receipt?

The highest price target for KSPI is $134.26 from at , which represents a 82.0% increase from the current price of $73.76.

What is the lowest forecasted price for KSPI JSC Kaspi.kz American Depositary Receipt?

The lowest price target for KSPI is $88.77 from at , which represents a 20.3% increase from the current price of $73.76.

What is the overall KSPI consensus from analysts for JSC Kaspi.kz American Depositary Receipt?

The overall analyst consensus for KSPI is bullish. Out of 5 Wall Street analysts, 6 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $110.58.

How accurate are KSPI stock price projections?

Stock price projections, including those for JSC Kaspi.kz American Depositary Receipt, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: November 15, 2025 2:02 PM UTC
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