NASDAQ:KSPI
KASPI.KZ (KSPI)
Financials 
Technical Analysis 
Jul 5, 2026, 12:00 amThis summary was created by AI, based on 4 opinions in the last 12 months.
KASPI.KZ, trading under the symbol KSPI-Q, has garnered mixed reviews from various experts. While it showcases a dominant market position in Kazakhstan and recently expanded into Turkey, the performance in recent months has raised concerns. Analysts highlight an impressive return on equity (ROE) of around 61-69% and a low price-to-earnings (PE) ratio of 7x, but the company also faces geopolitical risks and economic challenges, including inflation and interest rates in the region. Despite being a top pick among some analysts, there are recommendations to set stop-loss orders at specific price points due to recent performance dips, suggesting a cautious approach for investors. Overall, the outlook remains optimistic regarding potential gains, albeit with the awareness of market volatility.
;fill-opacity:1;'/%3e%3cpath%20d='M31%2018.6001V30H8V18.6001L14.1334%2022.4334L19.4999%2014L24.8669%2022.4334L31%2018.6001Z'%20fill='%23EE5432'%20style='fill:%23EE5432;fill:color(display-p3%200.9340%200.3310%200.1956);fill-opacity:1;'/%3e%3c/svg%3e){kind=small}
Premium content
Premium contentWe reiterate KSPI as a TOP PICK. It is the first Kazakhstan based company to trade in the US. It offers the services akin to Amazon, Visa, and Booking.com to 70% of the population there and they have just expanded into Turkey. Their dominate position allows a ROE of 61%, while it trades at 7x earnings. We recommend trailing up the stop (from $64) to $71, looking to achieve $96 -- upside potential of 21%. Yield 0%
(Analysts’ price target is $96.22)Has owned this 4 years. A wild ride. They have a dominant position in this space. Their app is amazing. 70% of Kazakstani adults use it. The country faces higher inflation and interest rates which effects their business. They just expanded to Turkey, either a positive or negative. Trades at 7x PE. Well-run. There is geopolitical risk.
Jason Del VicarioPremium contentKSPI is the first Kazakhstan based company listed in the US. It holds a 95% monopoly on online transactions akin to Amazon, Booking.com, and Visa in the region and is expanding into Turkey. A little off the normal path, which is why it trades at only 7x earnings and with a remarkable 69% ROE. Cash reserves are growing as debt is retired. We recommend setting a stop-loss at $64, looking to achieve $109 -- upside potential of 28%. Yield 1.2%
(Analysts’ price target is $109.21)Imagine....FB, AMZN, PayPal, DoorDash, pay your taxes, renew your driver's license, peer-to-peer payments....all in one app. Dominated the country. Recently expanded to the Turkish market. Trades at 7x PE. History of doing buybacks. Really well run. Yield is 8.06%.
(Analysts’ price target is $118.01)Jason Del VicarioHas owned business since 2020. "Super App" business used by 75% of Kazakhstan population. Expedia/Doordash/Payments all combined. Very customer focused. Risky country to operate in, so small portion of portfolio.
Jason Del VicarioSupper app that provides numerous services. 75% of adult population in Kazakhstan uses app. 12th largest position within fund. Some geopolitical risk. Very well run company. Safe dividend yield. Founder run and owned.
Jason Del VicarioDomiciled in Kazakhstan. Super app. Extremely high consumer engagement. Black mark against them is where they're based. Geopolitical risk, so it's a 1% conviction level. Fabulous company. (Target price in USD.) Yield is 1.66%.
(Analysts’ price target is $98.04)Jason Del VicarioJason Del VicarioJason Del Vicario- «
- ‹
- 1
- ›
- »
Popular Articles
Most Recent Experts
KASPI.KZ (KSPI) Frequently Asked Questions
What is KASPI.KZ stock symbol?
KASPI.KZ is a American stock, trading under the symbol KSPI (previously KSPI-Q on Stockchase) on the NASDAQ (KSPI). It is usually referred to as NASDAQ:KSPI or KSPI
Is KASPI.KZ a buy or a sell?
In the last year, 4 stock analysts issued a Buy, Sell, or Hold rating on KSPI (previously KSPI-Q on Stockchase). 4 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for KASPI.KZ.
Is KASPI.KZ a good investment or a top pick?
KASPI.KZ was recommended as a Top Pick by Jason Del Vicario on 2021-09-29. Read the latest stock experts ratings for KASPI.KZ.
Why is KASPI.KZ stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for KASPI.KZ.
Is KASPI.KZ worth watching?
KASPI.KZ is followed by 15 investors on Stockchase and is a trending stock that is worth watching.
What is KASPI.KZ stock price?
On 2026-07-02, KASPI.KZ (KSPI) stock closed at a price of $89.75.
'%20fill='%23FFB800'%3e%3cg%20id='filled-.-button'%20transform='translate(120.000000,%20413.999972)'%3e%3cpath%20d='M101.499729,2.82302245e-05%20C102.285413,-0.00432461793%20103.254164,0.496634241%20103.645655,1.25173399%20L103.712109,1.39623206%20L105.747863,6.45331817%20L111.028779,6.80428588%20C111.60867,6.84282525%20112.147242,7.1236355%20112.517275,7.58038413%20C113.223405,8.45199453%20113.142035,9.72214747%20112.357105,10.4940033%20L112.234099,10.6059323%20L108.072656,14.10894%20L109.356339,19.592529%20C109.472157,20.0872738%20109.394126,20.6085551%20109.13883,21.0455786%20C108.624329,21.9263208%20107.536956,22.2447485%20106.649713,21.8010736%20L106.511398,21.7246573%20L101.5,18.7715858%20L96.4886024,21.7246573%20C95.5790916,22.2767096%2094.4027498,21.9726757%2093.8611695,21.0455786%20C93.6058745,20.6085551%2093.5278433,20.0872738%2093.6436608,19.592529%20L94.9273443,14.10894%20L90.7659013,10.6059323%20C89.8680707,9.85015912%2089.7412886,8.49557505%2090.4827254,7.58038413%20C90.8527577,7.1236355%2091.39133,6.84282525%2091.9712215,6.80428588%20L97.2521374,6.45331817%20L99.2878908,1.39623206%20C99.6240254,0.561228427%20100.665516,-0.00460395016%20101.499729,2.82302245e-05%20Z'%20id='top-picks-.-icon-copy-7'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e){kind=small}
Our PAST TOP PICK with KSPI has triggered its stop at $71. To remain disciplined, we recommend covering the position at this time. When combined with previous guidance, this will result in a net investment loss of 13%.