Date | Price Target | Rating | Analyst |
---|---|---|---|
3/11/2024 | $159.00 | Overweight | JP Morgan |
2/27/2024 | $154.00 | Positive | Susquehanna |
JP Morgan initiated coverage of Kaspi.kz with a rating of Overweight and set a new price target of $159.00
Susquehanna initiated coverage of Kaspi.kz with a rating of Positive and set a new price target of $154.00
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
20-F - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
ALMATY, Kazakhstan, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 21 August 2024: 1. To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz: 1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;3) Appointment of the external auditor to audit JSC Kaspi.kz's financial statements. 2. To approve dividends to be paid within the period set by law: 1) dividend amount of KZT 850 (eight hundred and fifty tenge) per com
ALMATY, Kazakhstan, April 09, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz announces that the following resolutions were duly passed at its Annual General Meeting on 08 April 2024: 1. To approve the agenda of the Annual General Meeting of Shareholders of JSC Kaspi.kz: 1) Approval of the agenda;2) Approval of JSC Kaspi.kz's 2023 annual audited financial statements;3) Approval of the procedure to distribute JSC Kaspi.kz's net income for the year 2023 and the amount of dividend per common share of JSC Kaspi.kz;4) Information on shareholders' appeals on JSC Kaspi.kz and its officers' actions and results of consideration thereof in 2023;5) Defining the term of office of the B
ALMATY, Kazakhstan, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Moody's has upgraded its long-term deposit ratings to investment grade Baa3 from Ba1 with a stable outlook for Kaspi Bank, a core part of Kaspi.kz's Fintech Platform. Moody's cited sound profitability, liquidity and the resilience of Kaspi.kz's proven business model including Fintech, Payments and Marketplace Platforms. According to Moody's: Kaspi.kz's proven business model has demonstrated resilience throughout the economic cycle.Kaspi.kz has sound fundamentals, such as profitability, capitalisation and liquidity.The improving operating environment in Kazakhstan will further benefit the company's fundamentals.Kazakhstan is seeing su
ALMATY, Kazakhstan, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz") has sent a formal letter of interest to Uzbekistan's State Assets Management Agency ("SAMA"), indicating its interest in participating in the upcoming privatization of the National Interbank Processing Center ("Humo"). SAMA has unveiled plans to privatize a 100% stake in the Humo payment system via a public negotiation process. Humo is one of two payment systems in Uzbekistan and enables all aspects of the payments process for banks and other payment providers. According to SAMA, it has issued over 23 million Humo cards, connected over 200,000 points of sale and installed around 6,000 ATMs. Mi
ALMATY, Kazakhstan, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 21 August 2024: 1. To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz: 1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;3) Appointment of the external auditor to audit JSC Kaspi.kz's financial statements. 2. To approve dividends to be paid within the period set by law: 1) dividend amount of KZT 850 (eight hundred and fifty tenge) per com
ALMATY, Kazakhstan, July 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of JSC Kaspi.kz (NASDAQ:KSPI) hereby announces the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz will be held on 21 August 2024 at 10:00 Astana time at: 154 "А", Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013. If a quorum is not met, a repeated General Meeting of Shareholders will be held on 22 August 2024 at 10:00 Astana time at: 154 "А", Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013. Agenda of the Extraordinary General Meeting of Shareholders: Approval of the agenda;Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;Appo
ALMATY, Kazakhstan, July 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz", "we") (NASDAQ:KSPI) which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, today publishes its unaudited consolidated IFRS financial results for the quarter and first half ended 30 June 2024 ("2Q & 1H 2024"). 2Q 2024 Highlights Strong 2Q 2024 with revenue and net income up 36% and 25% year-over-year ("YoY"), respectively.Our faster growing and more profitable Payments and Marketplace Platforms together accounted for 68% of consolidated net income, up from 61% in 1H 2023.All Platforms continued to deliver strong top-line growth in the second quarter of 20
ALMATY, Kazakhstan, June 27, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and first half ended June 30, 2024, on Monday, 22 July, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 2nd Quarter & First Half 2024 Financial Results Conference Call Monday, 22nd July, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=003831c9&confId=67819 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by dev
ALMATY, Kazakhstan, June 26, 2024 (GLOBE NEWSWIRE) -- S&P Global upgraded its credit rating to BB+ for Kaspi Bank, a core part of Kaspi.kz's Fintech Platform. S&P cited Kaspi.kz's unique strategy, leading brand, superior asset quality, strong financial track-record and ability to keep delivering growth across its Fintech, Payments and Marketplace Platforms. Long-term global scale rating upgraded to 'BB+' from 'BB' with a stable outlook.Kazakhstan national scale rating on Kaspi Bank raised to ‘kzAA+' from ‘kzAA-'. According to S&P Global; Led by its experienced management team, Kaspi.kz's has built a leading franchise and positive track record, strategically developing its business mix t
ALMATY, Kazakhstan, May 23, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 22 May 2024: To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz:1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share.To approve dividends to be paid within the period set by law:1) dividend amount of KZT 850 (eight hundred and fifty tenge) per common share of JSC Kaspi.kz;2) dividend is paid for period 1Q 2024;3) commencement date of dividend payments: 22 May 2024;4) the lis
ALMATY, Kazakhstan, May 14, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz") (NASDAQ:KSPI) announces that the company is the subject of a Harvard Business School (HBS) case study ‘Kaspi.kz: Building Trust through Innovation'. This is the second Kaspi.kz case study, following on from HBS's 2019 case study ‘Kaspi.kz IPO'. HBS's latest Kaspi.kz case study examines how the company's unique corporate culture, including its obsession with the quality of its services has helped Kaspi.kz to build the trust of its customers and stakeholders. This has proven fundamental to the company's ability to continually develop innovative, highly popular digital products which achieve wo
ALMATY, Kazakhstan, April 30, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz") (NASDAQ:KSPI), which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, today announces a new partnership with Alipay + to enable Kaspi.kz customers to pay using the Kaspi.kz Super App and QR code, throughout China. Partnership with Alipay+ When travelling in China, Kazakhstanis no longer need to take cash or a card with them. Now, using the Kaspi.kz Super App, purchases in Chinese stores, cafes, taxis and more than 80 million points throughout China can be paid for by QR code. CEO and Co-founder of Kaspi.kz Mikhail Lomtadze, commented: "Many Kazakhstanis w
ALMATY, Kazakhstan, July 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz", "we") (NASDAQ:KSPI) which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, today publishes its unaudited consolidated IFRS financial results for the quarter and first half ended 30 June 2024 ("2Q & 1H 2024"). 2Q 2024 Highlights Strong 2Q 2024 with revenue and net income up 36% and 25% year-over-year ("YoY"), respectively.Our faster growing and more profitable Payments and Marketplace Platforms together accounted for 68% of consolidated net income, up from 61% in 1H 2023.All Platforms continued to deliver strong top-line growth in the second quarter of 20
ALMATY, Kazakhstan, June 27, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and first half ended June 30, 2024, on Monday, 22 July, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 2nd Quarter & First Half 2024 Financial Results Conference Call Monday, 22nd July, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=003831c9&confId=67819 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by dev
ALMATY, Kazakhstan, May 23, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 22 May 2024: To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz:1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share.To approve dividends to be paid within the period set by law:1) dividend amount of KZT 850 (eight hundred and fifty tenge) per common share of JSC Kaspi.kz;2) dividend is paid for period 1Q 2024;3) commencement date of dividend payments: 22 May 2024;4) the lis
ALMATY, Kazakhstan, April 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz", "we", or the "Company") (NASDAQ:KSPI) which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, today publishes its unaudited consolidated IFRS financial results for the quarter ended 31 March 2024 ("1Q 2024"). 1Q 2024 Highlights Strong start to 2024 with first quarter revenue and net income up 40% and 28% year-over-year ("YoY"), respectively.Our faster growing and more profitable Payments and Marketplace Platforms together accounted for 68% of consolidated net income, up from 60% in 1Q 2023.All Platforms continued to deliver strong top-line growth in the firs
ALMATY, Kazakhstan, April 02, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter ended March 31, 2024, on Monday, 22nd April, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the first quarter. First Quarter 2024 Financial Results Conference Call Monday, 22nd April, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=940ffcb8&confId=63341 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by developing innov
ALMATY, KAZAKHSTAN / ACCESSWIRE / February 26, 2024 / Joint Stock Company Kaspi.kz ("Kaspi.kz", "we", or the "Company") (NASDAQ:KSPI). which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, published its unaudited consolidated IFRS financial results for the quarter and fiscal year ended 31 December 2023 ("4Q 2023" and "FY 2023," respectively).4Q 2023 & FY 2023 Highlights· Strong financial momentum in 4Q 2023 with revenue and net income up 45% and 32% year-over-year ("YoY"), respectively. FY 2023 consolidated revenue and net income up 51% and 44% YoY, respectively. FY 2023 consolidated diluted EPS up 45% YoY.· Our faster growing and more profitable Payments
New Street Research initiates coverage on Kaspi.kz (NASDAQ:KSPI) with a Buy rating and announces Price Target of $175.
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Kaspi.kz JSC ADR (NASDAQ:KSPI) witnessed a 7% decline in its shares on Monday, April 8 after severe flooding struck rural regions of Kazakhstan. Such occurrences are not uncommon in Kazakhstan. However, the flooding is reported to be the worst natural disaster to hit the nation in 80 years, according to President Kassym-Jomart Tokayev. The Kaspi Analyst: JPMorgan analyst Reginald L. Smith believes the sell-off has been overdone and presents an opportunity for investors to enter at an attractive price point. Despite the short-term market reaction, Smith reiterates an Overweight rating for Kaspi.kz ADR. His price target of $159 on the stock by Dec. 2024, implies an upside of 28.77%.
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JP Morgan analyst Reginald Smith initiates coverage on Kaspi.kz (NASDAQ:KSPI) with a Overweight rating and announces Price Target of $159.