Joint Stock Company Kaspi.kz (KSPI) Stock Price, News & Analysis

Company Overview

Joint Stock Company Kaspi.kz is a Kazakhstan-based technology and financial services company that operates a digital ecosystem connecting consumers, merchants and financial institutions. Its Kaspi.kz Super App combines payments, marketplace and fintech services in a single platform, allowing users to manage everyday transactions and access a range of commerce and financial products.

The company’s payments business supports peer-to-peer transfers, bill payments, mobile and online payments, merchant payments and QR-based transactions. Its Marketplace platform enables consumers to browse and purchase products from participating merchants, while its fintech operations offer services such as consumer finance, deposits and other digital banking products. Kaspi.kz also provides tools and services designed to help merchants accept payments, sell products online and manage their businesses.

Kaspi.kz primarily serves consumers and businesses in Kazakhstan, where its Super App has become a widely used digital platform. The company has also expanded its international presence through its ownership of a controlling interest in D-MARKET Electronic Services and Trading, the Turkish e-commerce company operating the Hepsiburada platform. Kaspi.kz is led by Chief Executive Officer and co-founder Mikhail Lomtadze, while co-founder Vyacheslav Kim serves as chairman.

Key Stats

• Today's Range: $94.69 to $97.72
• 50-Day Range: $85.00 to $108.75
• 52-Week Range: $68.59 to $109.94
• Volume: 424,603 shs
• Average Volume: 654,691 shs
• Market Capitalization: $18.33 billion
• P/E Ratio: 8.78
• Dividend Yield: 8.90%
• Price Target: $107.33
• Consensus Rating: Hold

Joint Stock Company Kaspi.kz Stock Analysis - MarketRank™

Joint Stock Company Kaspi.kz scored higher than 84% of companies evaluated by MarketBeat, and ranked 250th out of 838 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Hold

Consensus Rating

Joint Stock Company Kaspi.kz has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no strong buy ratings, 2 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Joint Stock Company Kaspi.kz has a consensus price target of $107.33, representing about 11.3% upside from its current price of $96.45.

Amount of Analyst Coverage

Joint Stock Company Kaspi.kz has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.35%

Earnings Growth

Earnings for Joint Stock Company Kaspi.kz are expected to grow by 19.35% in the coming year, from $12.40 to $14.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Joint Stock Company Kaspi.kz is 8.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of Joint Stock Company Kaspi.kz is 8.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.34.

Price to Book Value per Share Ratio

Joint Stock Company Kaspi.kz has a P/B Ratio of 3.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.63% of the float of Joint Stock Company Kaspi.kz has been sold short.

Short Interest Ratio / Days to Cover

Joint Stock Company Kaspi.kz has a short interest ratio ("days to cover") of 1.93, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Joint Stock Company Kaspi.kz has recently increased by 9.91%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Joint Stock Company Kaspi.kz is a leading dividend payer. It pays a dividend yield of 8.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Joint Stock Company Kaspi.kz does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Joint Stock Company Kaspi.kz is 78.14%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Joint Stock Company Kaspi.kz will have a dividend payout ratio of 57.97% next year. This indicates that Joint Stock Company Kaspi.kz will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

Joint Stock Company Kaspi.kz has a news sentiment score of 1.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Joint Stock Company Kaspi.kz this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for KSPI on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Joint Stock Company Kaspi.kz to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Joint Stock Company Kaspi.kz insiders have not sold or bought any company stock.

Percentage Held by Institutions

32.20% of the stock of Joint Stock Company Kaspi.kz is held by institutions.

Company Calendar

• Last Earnings: 3/13/2026
• Record date for 9/10 Dividend: 9/10/2026
• Ex-Dividend for 9/10 Dividend: 9/10/2026
• Dividend Payable: 9/10/2026
• Today: 9/21/2026
• Next Earnings (Estimated): 10/26/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Consumer Finance
• Sub-Industry: Consumer Finance
• Current Symbol: NASDAQ:KSPI
• Previous Symbol: NASDAQ:KSPI
• CIK: 1985487
• Web: www.ir.kaspi.kz
• Phone: +77273306710
• Fax: N/A
• Employees: 14,008
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Joint Stock Company Kaspi.kz: $107.33
• High Price Target: $115.00
• Low Price Target: $100.00
• Potential Upside/Downside: +11.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.98
• Trailing P/E Ratio: 8.78
• Forward P/E Ratio: 7.78
• P/E Growth: N/A
• Net Income: $2.04 billion
• Net Margins: 24.00%
• Pretax Margin: 29.73%
• Return on Equity: 40.69%
• Return on Assets: 9.54%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.99
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $7.70 billion
• Price / Sales: 2.38
• Cash Flow: $10.61 per share
• Price / Cash Flow: 9.09
• Book Value: $25.99 per share
• Price / Book: 3.71

Miscellaneous

• Outstanding Shares: 190,030,000
• Free Float: N/A
• Market Cap: $18.33 billion
• Optionable: Optionable
• Beta: 1.02