KASE:KZAP Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, KASE:KZAP stock has a consensus rating of "Buy" and an average price target of ₸43,462. The average 1-year stock price forecast is 22.09% higher than the current stock price, while the lowest is ₸35,500 (-0.28%) and the highest is ₸52,000 (+46.07%).

Price Target: ₸43,462 (+22.09%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₸35,500	₸43,462	₸42,885	₸52,000
Change	-0.28%	+22.09%	+20.47%	+46.07%

Analyst Ratings

The average analyst rating for KASE:KZAP stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	3

Financial Forecast

Revenue This Year

2.39T

from 1.80T

32.55%

from 1.80T

Revenue Next Year

2.86T

from 2.39T

19.69%

from 2.39T

EPS This Year

2.83K

from 2.20K

28.48%

from 2.20K

EPS Next Year

3.45K

from 2.83K

21.96%

from 2.83K

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	691.01B	1.00T	1.43T	1.81T	1.80T	2.39T
Revenue Growth	17.63%	44.89%	43.30%	26.40%	-0.57%	32.55%
Gross Profit	313.13B	558.29B	818.64B	972.74B	998.93B	1.11T
Gross Margin	45.31%	55.76%	57.06%	53.64%	55.40%	46.40%
Operating Income	222.21B	445.03B	619.20B	806.08B	758.47B	974.09B
Net Income	140.77B	348.05B	419.18B	872.26B	570.46B	662.07B
EPS	542.78	1,341.96	1,616.24	3,363.18	2,199.52	2,826.00
EPS Growth	-23.30%	147.24%	20.44%	108.09%	-34.60%	28.48%
Forward PE	11.22	10.69	10.68	7.18	9.72	12.60
Dividend / Share	877.00	775.00	1,213.00	1,264.12	-	1,362.25
Free Cash Flow	86.63B	142.33B	251.13B	202.75B	512.42B	776.18B
No. Analysts	-	-	-	-	-	7

Financial currency is KZT.

Revenue Forecast

Revenue	2026	2027	2028
High	2.7T
Avg	2.4T
Low	2.1T

Revenue Growth

Revenue Growth	2026	2027	2028
High	48.5%
Avg	32.6%
Low	16.3%

EPS Forecast

EPS	2026	2027	2028
High	3,062.39
Avg	2,826.00
Low	2,552.37

EPS Growth

EPS Growth	2026	2027	2028
High	39.2%
Avg	28.5%
Low	16.0%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.