Analysts’ Recent Ratings Changes for Joint Stock Company Kaspi.kz (KSPI)

Joint Stock Company Kaspi.kz (NASDAQ: KSPI) has recently received a number of price target changes and ratings updates:

• 12/8/2025 – Joint Stock Company Kaspi.kz had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/8/2025 – Joint Stock Company Kaspi.kz was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating.
• 12/1/2025 – Joint Stock Company Kaspi.kz was downgraded by analysts at Weiss Ratings from a “hold (c-)” rating to a “sell (d+)” rating.
• 11/25/2025 – Joint Stock Company Kaspi.kz had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings.
• 11/19/2025 – Joint Stock Company Kaspi.kz was upgraded by analysts at Weiss Ratings from a “sell (d+)” rating to a “hold (c-)” rating.
• 11/13/2025 – Joint Stock Company Kaspi.kz had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/7/2025 – Joint Stock Company Kaspi.kz was downgraded by analysts at Weiss Ratings from a “hold (c-)” rating to a “sell (d+)” rating.
• 10/25/2025 – Joint Stock Company Kaspi.kz was upgraded by analysts at Weiss Ratings from a “sell (d+)” rating to a “hold (c-)” rating.

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.