TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Kaspi.kz JSC Sponsored ADR RegS ( (KSPI) ) is now available.
On November 10, 2025, Kaspi.kz released its financial results for the third quarter and first nine months of 2025, reporting a 20% year-over-year increase in revenue and a 12% rise in net income for Q3. The company faced challenges from smartphone supply disruptions and regulatory changes, impacting growth. However, excluding these factors, underlying revenue and net income showed strong growth. The company has launched new initiatives like Kaspi Alaqan, a pay-by-palm service, and expanded its advertising services, indicating a focus on innovation and market expansion. Despite external challenges, Kaspi.kz expects continued growth in its core business and has announced a $100 million ADS repurchase program, reflecting confidence in its long-term prospects.
The most recent analyst rating on (KSPI) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Kaspi.kz JSC Sponsored ADR RegS stock, see the KSPI Stock Forecast page.
Spark’s Take on KSPI Stock
According to Spark, TipRanks’ AI Analyst, KSPI is a Outperform.
Kaspi.kz JSC’s overall stock score reflects its strong financial performance and attractive valuation, which are the most significant factors. The earnings call provided positive insights into growth across various segments, despite some challenges. However, technical analysis indicates bearish momentum, which slightly offsets the positive aspects.
To see Spark’s full report on KSPI stock, click here.
More about Kaspi.kz JSC Sponsored ADR RegS
Kaspi.kz JSC is a prominent financial technology company operating primarily in Kazakhstan, known for its Kaspi.kz and Kaspi Pay Super Apps. The company has a significant market presence in the fintech and e-commerce sectors, with a focus on digital payments, marketplace services, and financial products. It also holds a majority stake in Hepsiburada, a leading e-commerce platform in Türkiye.
Average Trading Volume: 515,257
Technical Sentiment Signal: Sell
Current Market Cap: $14.08B
Learn more about KSPI stock on TipRanks’ Stock Analysis page.