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 consumer-focused digital ecosystem. Through its Kaspi.kz super app, the company brings together payments, shopping and financial services in a single platform serving consumers and merchants.

Its payment products include peer-to-peer transfers, bill payments, mobile and online payments, QR payments and digital banking services. The company also offers products such as payment cards, deposits and consumer lending, while its marketplace connects customers with merchants offering a broad range of goods and services. Kaspi.kz provides merchants with payment acceptance, e-commerce tools and related financial services.

Kaspi.kz primarily serves the Kazakhstan market and has developed its ecosystem around the country’s growing adoption of digital commerce and financial technology. The company is led by Chief Executive Officer Mikhail Lomtadze, while Vyacheslav Kim serves as chairman. Kaspi.kz became publicly listed on the Nasdaq Stock Market in 2024.

Key Stats

• Today's Range: $91.22 to $92.98
• 50-Day Range: $88.78 to $108.75
• 52-Week Range: $68.59 to $109.94
• Volume: 318,267 shs
• Average Volume: 519,970 shs
• Market Capitalization: $17.65 billion
• P/E Ratio: 8.46
• Dividend Yield: 9.24%
• Price Target: $107.50
• Consensus Rating: Hold

Joint Stock Company Kaspi.kz Stock Analysis - MarketRank™

Joint Stock Company Kaspi.kz scored higher than 93% of companies evaluated by MarketBeat, and ranked 132nd out of 833 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: 3.3 / 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 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.

Upside Potential

Joint Stock Company Kaspi.kz has a consensus price target of $107.50, representing about 17.1% upside from its current price of $91.84.

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 8.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Joint Stock Company Kaspi.kz is 8.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.59.

Price to Book Value per Share Ratio

Joint Stock Company Kaspi.kz has a P/B Ratio of 3.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.45% 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 1.12, 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 decreased by 29.30%, indicating that investor sentiment is improving 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 9.21%, 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: 2.7 / 5
• News Sentiment: 0.25

News Sentiment

Joint Stock Company Kaspi.kz has a news sentiment score of 0.25. 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 lower news sentiment than the 0.57 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles 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 -67% compared to the previous 30 days.

MarketBeat Follows

2 people have added Joint Stock Company Kaspi.kz to their MarketBeat watchlist in the last 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: 10/08/2026
• 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: $107.50
• High Price Target: $115.00
• Low Price Target: $100.00
• Potential Upside/Downside: +15.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.98
• Trailing P/E Ratio: 8.46
• Forward P/E Ratio: 7.48
• 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: 2.29
• Cash Flow: $10.69 per share
• Price / Cash Flow: 8.68
• Book Value: $25.99 per share
• Price / Book: 3.57

Miscellaneous

• Outstanding Shares: 190,030,000
• Free Float: N/A
• Market Cap: $17.64 billion
• Optionable: Optionable
• Beta: 1.06