Not a good buy right now for an impatient investor: the trend is still bearish (SMA_200 > SMA_20 > SMA_5) and there are no proprietary buy signals today.
Price is below the pivot (77.428) and hasn’t reclaimed key resistance; odds favor choppy/limited upside near-term rather than a clean reversal.
Options positioning is somewhat bullish (call-heavy open interest), but it’s not being confirmed by strong volume, and implied volatility is elevated—suggesting uncertainty.
With recent analyst downgrades/cuts and no fresh news catalysts, the risk/reward is not attractive for an immediate entry.
Momentum: MACD histogram at -0.439 (below zero) and only “negatively contracting” — suggests downside momentum is easing but not reversed.
RSI: RSI_6 at 36.0 — weak/near-oversold, but not a confirmed rebound signal on its own.
Levels: Pre-market ~76.1 is below Pivot 77.428 (bearish bias). Key support S1 ~74.565 then S2 ~72.797; resistance R1 ~80.29.
Near-term pattern stats (provided): ~60% chance of ~+1.09% next day, ~flat next week (+0.01%), and ~+1.29% next month — modest edge, not a strong thrust setup.
Intellectia Proprietary Trading Signals: AI Stock Picker = no signal; SwingMax = no recent signal (no “strong buy” override).
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment skew: Open-interest put/call at 0.27 is notably call-heavy (bullish positioning/hedging light).
Volume skew: Put/call volume at 0.75 is mildly call-favored, but not extreme.
Activity: Today’s options volume 117 is below its recent averages (today vs 30D avg volume ~56%), so the bullish skew isn’t being strongly “chased” today.
Volatility: 30D IV ~43.97 vs historical vol ~30.34 (IV > HV), and IV percentile ~70 — options are pricing elevated uncertainty; directional conviction is mixed.
Open interest: Total OI ~13,299 and ~103% of OI average — positioning exists, but near-term flow is not surging.
Takeaway: Top-line momentum is strong, but profitability growth is not keeping pace, reducing the case for paying up during a downtrend.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent trend is negative:
2026-02-02 Susquehanna: downgraded to Neutral from Positive; price target cut to $87 from $130 (large reset).
2025-12-04 JPMorgan: maintained Neutral; price target trimmed to $88 from $96.
Wall Street “pros” view: acknowledges business strength but prefers to stay cautious; targets ~$87–$88 imply upside from ~$76, yet both firms sit at Neutral, suggesting they see limited near-term catalysts and/or higher risk.
Flows/holders: Hedge funds neutral (no significant last-quarter trend); insiders neutral (no significant last-month trend).
Political/influential trading: No recent congress trading data available in the last 90 days.
Wall Street analysts forecast KSPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KSPI is 107 USD with a low forecast of 107 USD and a high forecast of 107 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast KSPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KSPI is 107 USD with a low forecast of 107 USD and a high forecast of 107 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 74.160
Low
107
Averages
107
High
107
Current: 74.160
Low
107
Averages
107
High
107
Susquehanna
Positive -> Neutral
downgrade
$130 -> $87
AI Analysis
2026-02-02
Reason
Susquehanna
Price Target
$130 -> $87
AI Analysis
2026-02-02
downgrade
Positive -> Neutral
Reason
Susquehanna downgraded Kaspi.kz to Neutral from Positive with a price target of $87, down from $130.
JPMorgan
Reginald Smith
Neutral
downgrade
$96 -> $88
2025-12-04
Reason
JPMorgan
Reginald Smith
Price Target
$96 -> $88
2025-12-04
downgrade
Neutral
Reason
JPMorgan analyst Reginald Smith lowered the firm's price target on Kaspi.kz to $88 from $96 and keeps a Neutral rating on the shares as part of a 2026 outlook on the financial technology group. The firm sees a "soft-landing grind" in 2026 with slowing real growth for the sector, driven by a weakening labor market and the lagged tariff effects, partially offset by tax cuts.
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