Wall Street Bullish on Joint Stock Company Kaspi.kz (KSPI) Ahead of its Q4 2025 Earnings

Group 1 - Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is considered one of the most undervalued foreign stocks to buy, with analysts projecting a 12-month price target indicating over 23.8% upside and 67% of analysts maintaining a Buy rating [1] - Citi has reiterated a Buy rating on Kaspi.kz with a price target of $100, while J.P. Morgan has lowered its price target from $96 to $88, maintaining a Hold rating [2] - J.P. Morgan's analyst Reginald Smith noted that the cautious outlook for the fintech sector in 2026 is due to expected slower growth from a weaker labor market and tariffs, although tax rate cuts may offset this slowdown [3] Group 2 - Wall Street anticipates that Kaspi.kz will report revenue of approximately $2.31 billion and GAAP EPS of around $3.12 for fiscal Q4 2025 [4] - Kaspi.kz operates in three segments: Payments, Marketplace, and Fintech, providing solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine [4]