Jumia Technologies (JMIA) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Jumia Technologies in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" JMIA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JMIA, but not buy additional shares or sell existing shares.
View JMIA analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 12 month price objectives for Jumia Technologies' stock. Their JMIA share price forecasts range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next year. This suggests a possible upside of 149.5% from the stock's current price.
View analysts price targets for JMIA or view top-rated stocks among Wall Street analysts.

Jumia Technologies' stock was trading at $3.21 on January 1st, 2023. Since then, JMIA shares have decreased by 25.1% and is now trading at $2.4050.
View the best growth stocks for 2023 here.

Jumia Technologies saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,820,000 shares, a decline of 9.6% from the August 15th total of 9,760,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the days-to-cover ratio is currently 5.4 days.
View Jumia Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our JMIA earnings forecast.

ETFs with the largest weight of Jumia Technologies (NYSE:JMIA) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ).Global X E-Commerce ETF (EBIZ).

170 employees have rated Jumia Technologies Chief Executive Officer Jeremy Hodara, Sacha Poignonnec on Glassdoor.com. Jeremy Hodara, Sacha Poignonnec has an approval rating of 88% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Jumia Technologies investors own include Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Verizon Communications (VZ), Block (SQ), Sorrento Therapeutics (SRNE), General Electric (GE), Plug Power (PLUG) and Walt Disney (DIS).

(JMIA) raised $196 million in an initial public offering on Friday, April 12th 2019. The company issued 13,500,000 shares at $13.00-$16.00 per share. Morgan Stanley, Citigroup, Berenberg and RBC Capital Markets acted as the underwriters for the IPO and Raymond James, Stifel and William Blair were co-managers.

Jumia Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "JMIA."

Jumia Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (9.31%), Goldman Sachs Group Inc. (1.39%), State Street Corp (0.83%), Citadel Advisors LLC (0.00%), Simplex Trading LLC (0.00%) and BNP Paribas Arbitrage SNC (0.22%).

Shares of JMIA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JMIA stock can currently be purchased for approximately $2.41.

Jumia Technologies (NYSE:JMIA) has a market capitalization of $243.24 million and generates $221.88 million in revenue each year.

The company employs 4,318 workers across the globe.

Jumia Technologies' mailing address is CHARLOTTENSTRA¿E 4, BERLIN 2M, 10969. The official website for the company is group.jumia.com. The company can be reached via phone at 4930398203454 or via email at investor-relations@jumia.com.