Kaspi.kz Anticipates Completing Rabobank A.S. Acquisition by Mid-2026
- Transaction Announcement: Joint Stock Company Kaspi.kz has signed a share purchase agreement to acquire Rabobank's Turkish subsidiary, Rabobank A.S.
- Regulatory Approval: The completion of the transaction is contingent upon receiving necessary regulatory approvals and meeting customary closing conditions, expected to finalize by mid-2026.
Trade with 70% Backtested Accuracy
Analyst Views on KSPI
About KSPI
About the author
KSPI Stock Analysis: 52-Week Low at $70.61 and Current Trade at $83.25
- Price Fluctuation: KSPI's 52-week low stands at $70.61, with a high of $111.45, and the current trading price at $83.25 indicates stability within this range, which may influence investor confidence and market expectations.
- Technical Indicators: The current price of $83.25 is above the 200-day moving average, suggesting a potential upward trend in the short term, attracting the attention of technical analysts and possibly triggering more buy signals.
- Market Sentiment: Despite fluctuations within the 52-week range, the current price reflects a degree of market support, potentially indicating investor confidence in the company's fundamentals, which could impact future investment decisions.
- Investor Focus: As the stock price approaches its 52-week high, investors may closely monitor market dynamics to assess KSPI's future performance and potential investment opportunities.
Kaspi.kz to Acquire Rabobank's Turkish Subsidiary, Expected Closure in Mid-2026
- Acquisition Agreement Signed: On March 27, 2025, Kaspi.kz signed a share purchase agreement with Rabobank Group to acquire its Turkish subsidiary, with the transaction expected to close in mid-2026, marking a strategic expansion into international markets.
- Regulatory Approvals Pending: The completion of this transaction is subject to obtaining necessary regulatory approvals and satisfying all customary closing conditions, which not only affects the timeline but may also impact market confidence in Kaspi.kz in the short term.
- Market Position Enhancement: By acquiring Rabobank A.Ş., Kaspi.kz will further solidify its market position in Turkey, enhancing its competitiveness in the e-commerce and fintech sectors, particularly in collaboration with Hepsiburada.
- Innovation-Driven Growth: Kaspi.kz is committed to driving innovation through its two-sided Super App model, and this acquisition is expected to provide additional resources to develop digital products that meet user needs, further boosting the company's profitability and market share growth.
Kaspi.kz Reports Third Quarter Results
Revenue Growth: In Q3 2025, total revenue excluding Türkiye rose by 20% year-over-year to KZT797 billion, while including Türkiye, revenue reached KZT1.1 trillion.
Net Income Increase: Consolidated net income excluding Türkiye increased by 12% year-over-year to KZT307 billion, with a 21% increase when excluding certain factors like smartphones GMV and regulatory changes.
Transaction Volume Rise: Transaction volumes grew by 14% year-over-year in Q3 2025, driven by the popularity of Kaspi Pay and fast adoption of B2B Payments.
Future Outlook: The company plans to balance returning excess capital to shareholders through buybacks and dividends while investing in long-term growth, with expectations for continued growth in B2B Payments.
Earnings Report Ahead of Market Opening for November 10, 2025: B, B, TSN, ROIV, KSPI, TSEM, MNDY, CART, STWD, RDNT, BEKE, BXSL
Earnings Reports Overview: Several companies, including Barrick Mining Corporation, Tyson Foods, and Roivant Sciences, are set to report their earnings for the quarter ending September 30, 2025, with varying forecasts and growth expectations.
Barrick Mining Corporation: Expected to report earnings per share (EPS) of $0.57, reflecting an 83.87% increase year-over-year, with a Price to Earnings (P/E) ratio of 15.21, indicating strong growth compared to industry competitors.
Tyson Foods, Inc.: Forecasted EPS of $0.85 represents a 7.61% decrease from the previous year, despite a history of beating expectations, with a P/E ratio of 13.39 suggesting better growth than its industry peers.
Other Notable Companies: Joint Stock Company Kaspi.kz and RadNet, Inc. are also reporting, with Kaspi.kz expected to see a 69.96% increase in EPS, while RadNet anticipates a 27.78% increase, both indicating positive growth trends in their respective sectors.
Experts Predict KOMP Will Reach $72
ETF Analysis: The SPDR S&P Kensho New Economies Composite ETF (KOMP) has an implied analyst target price of $71.71, indicating a potential upside of 10.24% from its current trading price of $65.05.
Notable Holdings: Key underlying holdings with significant upside potential include LexinFintech Holdings (LX) with a target price 250.13% higher than its current price, Kaspi KZ JSC (KSPI) with 43.52% upside, and Shinhan Financial Group (SHG) with a 24.55% increase expected.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets may lead to downgrades if they are based on outdated information.
Investor Research: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
Analysis Indicates KOMP Could Reach $68
ETF Analysis: The SPDR S&P Kensho New Economies Composite ETF (KOMP) has an implied analyst target price of $68.22, indicating a potential upside of 10.94% from its current trading price of $61.49.
Notable Holdings: Key underlying holdings with significant upside potential include LexinFintech Holdings (147.33% upside), Centrais Eletricas Brasileiras S.A.-ELETROBRAS (35.11% upside), and Kaspi KZ JSC (34.23% upside), raising questions about the validity of analysts' target prices.
KSPI Stock Analysis: 52-Week Low at $70.61 and Current Trade at $83.25
- Price Fluctuation: KSPI's 52-week low stands at $70.61, with a high of $111.45, and the current trading price at $83.25 indicates stability within this range, which may influence investor confidence and market expectations.
- Technical Indicators: The current price of $83.25 is above the 200-day moving average, suggesting a potential upward trend in the short term, attracting the attention of technical analysts and possibly triggering more buy signals.
- Market Sentiment: Despite fluctuations within the 52-week range, the current price reflects a degree of market support, potentially indicating investor confidence in the company's fundamentals, which could impact future investment decisions.
- Investor Focus: As the stock price approaches its 52-week high, investors may closely monitor market dynamics to assess KSPI's future performance and potential investment opportunities.
Kaspi.kz to Acquire Rabobank's Turkish Subsidiary, Expected Closure in Mid-2026
- Acquisition Agreement Signed: On March 27, 2025, Kaspi.kz signed a share purchase agreement with Rabobank Group to acquire its Turkish subsidiary, with the transaction expected to close in mid-2026, marking a strategic expansion into international markets.
- Regulatory Approvals Pending: The completion of this transaction is subject to obtaining necessary regulatory approvals and satisfying all customary closing conditions, which not only affects the timeline but may also impact market confidence in Kaspi.kz in the short term.
- Market Position Enhancement: By acquiring Rabobank A.Ş., Kaspi.kz will further solidify its market position in Turkey, enhancing its competitiveness in the e-commerce and fintech sectors, particularly in collaboration with Hepsiburada.
- Innovation-Driven Growth: Kaspi.kz is committed to driving innovation through its two-sided Super App model, and this acquisition is expected to provide additional resources to develop digital products that meet user needs, further boosting the company's profitability and market share growth.
Kaspi.kz Reports Third Quarter Results
Revenue Growth: In Q3 2025, total revenue excluding Türkiye rose by 20% year-over-year to KZT797 billion, while including Türkiye, revenue reached KZT1.1 trillion.
Net Income Increase: Consolidated net income excluding Türkiye increased by 12% year-over-year to KZT307 billion, with a 21% increase when excluding certain factors like smartphones GMV and regulatory changes.
Transaction Volume Rise: Transaction volumes grew by 14% year-over-year in Q3 2025, driven by the popularity of Kaspi Pay and fast adoption of B2B Payments.
Future Outlook: The company plans to balance returning excess capital to shareholders through buybacks and dividends while investing in long-term growth, with expectations for continued growth in B2B Payments.
Earnings Report Ahead of Market Opening for November 10, 2025: B, B, TSN, ROIV, KSPI, TSEM, MNDY, CART, STWD, RDNT, BEKE, BXSL
Earnings Reports Overview: Several companies, including Barrick Mining Corporation, Tyson Foods, and Roivant Sciences, are set to report their earnings for the quarter ending September 30, 2025, with varying forecasts and growth expectations.
Barrick Mining Corporation: Expected to report earnings per share (EPS) of $0.57, reflecting an 83.87% increase year-over-year, with a Price to Earnings (P/E) ratio of 15.21, indicating strong growth compared to industry competitors.
Tyson Foods, Inc.: Forecasted EPS of $0.85 represents a 7.61% decrease from the previous year, despite a history of beating expectations, with a P/E ratio of 13.39 suggesting better growth than its industry peers.
Other Notable Companies: Joint Stock Company Kaspi.kz and RadNet, Inc. are also reporting, with Kaspi.kz expected to see a 69.96% increase in EPS, while RadNet anticipates a 27.78% increase, both indicating positive growth trends in their respective sectors.
Experts Predict KOMP Will Reach $72
ETF Analysis: The SPDR S&P Kensho New Economies Composite ETF (KOMP) has an implied analyst target price of $71.71, indicating a potential upside of 10.24% from its current trading price of $65.05.
Notable Holdings: Key underlying holdings with significant upside potential include LexinFintech Holdings (LX) with a target price 250.13% higher than its current price, Kaspi KZ JSC (KSPI) with 43.52% upside, and Shinhan Financial Group (SHG) with a 24.55% increase expected.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets may lead to downgrades if they are based on outdated information.
Investor Research: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
Analysis Indicates KOMP Could Reach $68
ETF Analysis: The SPDR S&P Kensho New Economies Composite ETF (KOMP) has an implied analyst target price of $68.22, indicating a potential upside of 10.94% from its current trading price of $61.49.
Notable Holdings: Key underlying holdings with significant upside potential include LexinFintech Holdings (147.33% upside), Centrais Eletricas Brasileiras S.A.-ELETROBRAS (35.11% upside), and Kaspi KZ JSC (34.23% upside), raising questions about the validity of analysts' target prices.
