What is the price target for KSPI stock?
11 analysts have analysed KSPI and the average price target is 109.48 USD. This implies a price increase of 28.94% is expected in the next year compared to the current price of 84.91.

NASDAQ:KSPI
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for JSC KASPI.KZ ADR (KSPI).
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2025-08-20 | JP Morgan | Downgrade | Overweight -> Neutral |
| 2025-05-13 | Susquehanna | Maintains | Positive -> Positive |
| 2024-12-02 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-11-04 | Citigroup | Initiate | Buy |
| 2024-08-20 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-05-07 | New Street Research | Initiate | Buy |
| 2024-03-11 | JP Morgan | Initiate | Overweight |
| 2024-02-27 | Susquehanna | Initiate | Positive |
| 2024-02-13 | Wolfe Research | Initiate | Outperform |
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.412T 38.39% | 1.905T 34.87% | 3.119T 63.75% | 4.201T 34.69% | 4.907T 16.80% | 5.874T 19.71% | |
| EBITDA YoY % growth | N/A | N/A | N/A -15.21% | 1.575T 9.54% | 1.883T 19.55% | 2.158T 14.61% | |
| EBIT YoY % growth | N/A | N/A | N/A 7.32% | 1.456T 2.84% | 1.676T 15.13% | 2.065T 23.24% | |
| Operating Margin | N/A | N/A | N/A | 34.65% | 34.15% | 35.16% | |
| EPS YoY % growth | N/A | 5,431.00 | 5,579.68 2.74% | 6,695.02 19.99% | 8,083.18 20.73% | 8,251.16 2.08% |
All data in KZT
| Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 1,446.44 9.50% | 1,546.76 15.17% | 1,714.67 17.60% | 1,846.20 26.65% | 1,812.47 25.31% | 2,021.36 30.68% | 2,340.26 36.48% | 2,468.77 33.72% |
| Revenue Q2Q % growth | 1.114T 35.55% | 1.242T 28.36% | 1.395T 25.63% | 1.393T 21.46% | 1.28T 14.87% | 1.364T 9.83% | 1.533T 9.95% | 1.623T 16.55% |
| EBITDA Q2Q % growth | 299.35B -11.08% | 390.734B 18.98% | 420.988B 19.11% | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 336.616B 2.60% | 318.65B -4.63% | 352.687B -22.87% | 336.6B -16.28% | 430.892B 28.01% | 449.19B 40.97% | 502.707B 42.54% | 611.649B 81.71% |
All data in KZT
11 analysts have analysed KSPI and the average price target is 109.48 USD. This implies a price increase of 28.94% is expected in the next year compared to the current price of 84.91.
JSC KASPI.KZ ADR (KSPI) will report earnings on 2026-05-11.
The consensus EPS estimate for the next earnings of JSC KASPI.KZ ADR (KSPI) is 1446.44 USD and the consensus revenue estimate is 1.11T USD.
The expected long term growth rate for JSC KASPI.KZ ADR (KSPI) is 16.56%.