Kaspi.kz Reports Strong Q3 2025 Financial Results Amidst Market Challenges

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2025.11.10 12:28
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Kaspi.kz JSC reported strong Q3 2025 financial results, with a 20% year-over-year revenue increase and a 12% rise in net income, despite challenges from smartphone supply disruptions and regulatory changes. The company launched new initiatives, including a pay-by-palm service, and announced a $100 million ADS repurchase program. Analysts rate KSPI stock as a Buy with a price target of $85.00, reflecting confidence in its long-term prospects, although technical analysis shows bearish momentum. Kaspi.kz is a leading fintech company in Kazakhstan, focusing on digital payments and e-commerce.