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J.P. Morgan Remains a Hold on Joint Stock Company (KSPI) Since its FQ2 2025 Earnings Release
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is one of the Most Promising New Technology Stocks to Buy According to Hedge Funds. On August 4, Joint Stock Company Kaspi.kz (NASDAQ:KSPI) released its fiscal second-quarter results for 2025. The company posted mixed results as revenue of $1.79 billion grew 41.41% and topped analyst expectations by $337.07 million. However, the EPS of $2.50 missed the Wall Street consensus by $0.11.
Management noted that payment TPV and transactions grew 21% and 14% year-over-year. Moreover, the payment revenue and net income were up 16% and 19% year-over-year, respectively. Notably, Joint Stock Company Kaspi.kz (NASDAQ:KSPI) reaffirmed full-year guidance, expecting around 15% net-income growth.
J.P. Morgan Remains a Hold on Joint Stock Company (KSPI) Since its FQ2 2025 Earnings Release
Following the release, on August 20, Reginald Smith from J.P. Morgan reiterated a Hold rating on the stock with a price target of $96.
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is a Kazakhstan-based financial technology company that offers online payments, e-commerce, and digital banking services.
While we acknowledge the potential of KSPI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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