Jumia Technologies Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Jumia Technologies in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Jumia Technologies stock. 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.
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Wall Street analysts have given Jumia Technologies a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Jumia Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Jumia Technologies saw a drop in short interest during the month of January. As of January 29th, there was short interest totaling 10,170,000 shares, a drop of 25.5% from the January 14th total of 13,650,000 shares. Based on an average trading volume of 14,740,000 shares, the days-to-cover ratio is presently 0.7 days.
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Jumia Technologies' stock was trading at $2.86 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, JMIA shares have increased by 1,449.3% and is now trading at $44.31.
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4 analysts have issued 1 year price targets for Jumia Technologies' shares. Their forecasts range from $12.00 to $32.00. On average, they anticipate Jumia Technologies' share price to reach $19.67 in the next year. This suggests that the stock has a possible downside of 55.6%.
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170 employees have rated Jumia Technologies CEO Jeremy Hodara, Sacha Poignonnec on Glassdoor.com. Jeremy Hodara, Sacha Poignonnec has an approval rating of 88% among Jumia Technologies' employees.

Some companies that are related to Jumia Technologies include Ozon (OZON), Stitch Fix (SFIX), Qurate Retail (QRTEA), Revolve Group (RVLV), Insight Enterprises (NSIT), Overstock.com (OSTK), Baozun (BZUN), PC Connection (CNXN), LightInTheBox (LITB), Ruhnn (RUHN), Blue Apron (APRN), iMedia Brands (IMBI), ECMOHO (MOHO), Capstone Technologies Group (CATG) and Airborne Wireless Network (ABWN).
View all of JMIA's competitors.

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), Square (SQ), Sorrento Therapeutics (SRNE), General Electric (GE), Plug Power (PLUG) and The 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 many different retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (11.73%), Morgan Stanley (2.03%), Renaissance Technologies LLC (1.23%), Penserra Capital Management LLC (0.84%), Hitchwood Capital Management LP (0.62%) and Tenzing Global Management LLC (0.53%).

JMIA stock was sold by a variety of institutional investors in the last quarter, including Penserra Capital Management LLC, Lazard Asset Management LLC, Schroder Investment Management Group, Baillie Gifford & Co., Lido Advisors LLC, Sowell Financial Services LLC, Luxor Capital Group LP, and Sei Investments Co..

JMIA stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Renaissance Technologies LLC, Hitchwood Capital Management LP, Tenzing Global Management LLC, JBF Capital Inc., Kerrisdale Advisers LLC, Proem Advisors LLC, and Lazard Freres Gestion S.A.S..

Shares of JMIA 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 $44.31.

Jumia Technologies has a market capitalization of $3.95 billion and generates $180.10 million in revenue each year. The company earns $-253,890,000.00 in net income (profit) each year or ($3.41) on an earnings per share basis.

Jumia Technologies employs 5,050 workers across the globe.

The official website for Jumia Technologies is group.jumia.com.

Jumia Technologies is headquartered at CHARLOTTENSTRA¿E 4, BERLIN 2M, 10969.

Jumia Technologies' mailing address is CHARLOTTENSTRA¿E 4, BERLIN 2M, 10969. The company can be reached via phone at 49-3039-820-3451 or via email at [email protected]