Missed NVDA?
Don’t Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.
KSPI Stock Forecast 2026-2027
$84.91
Current Price
$16.12B
Market Cap
Buy 4
Hold 3
Sell 0
Wall St Analyst Ratings
Distance to KSPI Price Targets
+66.3%
To High Target of $141.22
+7.8%
To Median Target of $91.52
-3.1%
To Low Target of $82.29
KSPI Price Momentum
+13.4%
1 Week Change
+16.3%
1 Month Change
-0.8%
1 Year Change
+8.7%
Year-to-Date Change
-14.4%
From 52W High of $99.20
+23.8%
From 52W Low of $68.59
📊 TOP ANALYST CALLS
Did KSPI Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Kaspi.kz is one of their latest high-conviction picks.
Latest KSPI Stock Price Targets & Analyst Predictions
Based on our analysis of 6 Wall Street analysts, KSPI has a bullish consensus with a median price target of $91.52 (ranging from $82.29 to $141.22). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $84.91, the median forecast implies a 7.8% upside. This outlook is supported by 4 Buy, 3 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
4
Buy
3
Hold
0
Sell
KSPI Price Target Range
Low
$82.29
Average
$91.52
High
$141.22
Current: $84.91
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 |
|---|---|---|---|---|---|
| Mar 6, 2026 | Freedom Broker | Daniyar Orazbayev | Hold | Initiates | $87.00 |
| 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 $16.12B with a P/E ratio of 6.9x. The company generates $4.03T in trailing twelve-month revenue with a 26.5% profit margin.
Revenue growth is +52.0% quarter-over-quarter, while maintaining an operating margin of +32.6% and return on equity of +51.2%.
Valuation Metrics
Market Cap
$16.12B
Enterprise Value
$-416,444,706,533
P/E Ratio
6.9x
PEG Ratio
-0.6x
Price/Sales
0.0x
Growth & Margins
Revenue Growth (YoY)
+52.0%
Gross Margin
+45.4%
Operating Margin
+32.6%
Net Margin
+26.5%
EPS Growth
-8.8%
Financial Health
Cash/Price Ratio
+2,073.8%
Current Ratio
5.6x
Debt/Equity
13.6x
ROE
+51.2%
ROA
+14.4%
💡 SKIP THE NOISE
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings — tracked and updated every Monday and Thursday.
JSC Kaspi.kz American Depositary Receipt (KSPI) Business Model
About JSC Kaspi.kz American Depositary Receipt
What They Do
Leading integrated consumer ecosystem in Kazakhstan.
Business Model
The company operates a Super App that combines payments, e-commerce, and fintech solutions, enabling it to generate revenue through transaction fees, marketplace commissions, and financial product offerings. By integrating these services into a single platform, it enhances user engagement and loyalty, driving steady income streams.
Additional Information
Founded in 2000 and headquartered in Almaty, JSC Kaspi.kz is the top fintech provider in Central Asia, significantly influencing the digital economy. The company's use of advanced technology and big data analytics positions it as a vital service for millions, processing a significant portion of the nation's digital transactions.
Company Information
Sector
Technology
Industry
Software - Infrastructure
Employees
14,008
CEO
Mr. Mikheil N. Lomtadze
Country
Kazakhstan
IPO Year
2024
Website
ir.kaspi.kzJSC Kaspi.kz American Depositary Receipt (KSPI) Latest News & Analysis
Latest News
Announcement of AGM Results
3 days ago
Quick Summary
Kaspi.kz (Nasdaq: KSPI) announced that resolutions were passed at its Annual General Meeting on April 15, 2026. Further details on the resolutions were not provided.
Why It Matters
The resolutions passed at Kaspi.kz's AGM may impact corporate governance and strategic direction, influencing investor sentiment and stock performance.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Kaspi.kz (KSPI US) will report Q1 financial results on May 11, 2026, with a conference call at 8:00 AM EST to discuss the results.
Why It Matters
Kaspi.kz's upcoming financial results and conference call could impact stock performance, providing insights into its growth, profitability, and strategic direction, influencing investor sentiment.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Kaspi.kz (KSPI) is rated a strong buy, with a significant gap between share price and intrinsic value, positive Q4 guidance, and an 850 KZT dividend yielding 9.8%.
Why It Matters
Kaspi.kz's strong buy rating reflects undervaluation, positive earnings outlook, and a high dividend yield, indicating potential for significant returns and stability in a growing market.
Source: Seeking Alpha
Market Sentiment:
Positive
Kaspi.kz Files Annual Report on Form 20-F
1 month ago
Quick Summary
Kaspi.kz filed its Annual Report on Form 20-F for the year ended December 31, 2025, with the SEC, as announced on March 16, 2026.
Why It Matters
The filing of the Annual Report on Form 20-F provides transparency on Kaspi.kz's financial performance, influencing investor confidence and potential stock valuation.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Kaspi.kz is valued at over 6x trailing PE and reinstated dividends. Despite regulatory challenges, growth remains strong, and Hepsi will be EBITDA neutral, supporting continued dividends post-acquisition.
Why It Matters
Kaspi.kz's low PE ratio and reinstated dividends indicate strong value. Resilience amid regulatory challenges and the EBITDA-neutral Hepsi support ongoing profitability, appealing to investors.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Kaspi.kz shares fell 32% to $73, despite strong revenue growth (30%+) and high gross margins (70%). The Hepsiburada deal introduces Turkish risks, but offers potential upside and a 9% projected 2026 dividend yield.
Why It Matters
Kaspi.kz's decline presents a buying opportunity, as strong revenue growth and high margins suggest resilience. The acquisition adds risk but also potential upside, with an attractive dividend yield.
Source: Seeking Alpha
Market Sentiment:
Positive
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 6 Wall Street analysts, JSC Kaspi.kz American Depositary Receipt (KSPI) has a median price target of $91.52. The highest price target is $141.22 and the lowest is $82.29.
Is KSPI stock a good investment in 2026?
According to current analyst ratings, KSPI has 4 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $84.91. 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 $91.52 in the next 12 months. This represents a 7.8% increase from the current price of $84.91. 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 Super App that combines payments, e-commerce, and fintech solutions, enabling it to generate revenue through transaction fees, marketplace commissions, and financial product offerings. By integrating these services into a single platform, it enhances user engagement and loyalty, driving steady income streams.
What is the highest forecasted price for KSPI JSC Kaspi.kz American Depositary Receipt?
The highest price target for KSPI is $141.22 from at , which represents a 66.3% increase from the current price of $84.91.
What is the lowest forecasted price for KSPI JSC Kaspi.kz American Depositary Receipt?
The lowest price target for KSPI is $82.29 from at , which represents a -3.1% decrease from the current price of $84.91.
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 6 Wall Street analysts, 4 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $91.52.
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: April 19, 2026 9:31 AM UTC