Stock Price Forecast
The 5 analysts offering 12-month price forecasts for Jumia Technologies AG have a median target of 11.69, with a high estimate of 33.13 and a low estimate of 8.83. The median estimate represents a +27.59% increase from the last price of 9.16.
Similarly, Is JMIA a buy now?
As a result, Jumia expects its adjusted EBITDA loss to widen again, to about $200 million to $220 million, in 2022.
…
But Jumia is still drowning in red ink.
| Metrics | FY 2020 | FY 2021 |
|---|---|---|
| Revenue | $159.4 million | $177.9 million |
| Operating Income | ($170.3 million) | ($240.9 million) |
• Mar 1, 2022
Is JMIA undervalued? Therefore, many investors compare this to Jumia’s $3.3 billion market cap and conclude the stock is extremely undervalued .
…
The problem with valuing stocks by market capitalization.
| Company | Market cap |
|---|---|
| Jumia Technologies ( JMIA -6.94% ) | $3 billion |
| MercadoLibre ( MELI -3.70% ) | $83 billion |
• Dec 18, 2020
Thereof, Is JMIA a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is JMIA a long term hold?
Even more impressive, many stock market analysts believe that the company could genuinely outperform itself within the next five years. In short, this may be one of the best long-term investment options that you’ll ever see, despite the fact that past performance might seem to indicate otherwise at first glance.
Should I hold JMIA?
At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Why is JMIA stock dropping?
Shares of Jumia Technologies ( JMIA -2.35% ) were falling last month after the African e-commerce company posted a disappointing third-quarter earnings report. According to data from S&P Global Market Intelligence, the stock finished the month down 32%.
Is Jumia growing?
Jumia reports 30% growth in value of goods sold on its platform during Black Friday season this year. E-commerce in Africa is growing fast and its potential remains enormous as more people get connected to the internet.
How do I buy stock in JMIA?
How to buy shares in Jumia Technologies
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. …
- Research the stock. …
- Purchase now or later. …
- Check in on your investment.
Why is jumia going up?
Jumia Technologies (NYSE:JMIA) stock is rising higher on Monday following news of a deal with United Parcel Service (NYSE:UPS). The deal between the two companies will have Jumia handling the last-mile delivery of packages shipped through UPS. This allows UPS to expand its business in Africa to more areas.
What’s wrong with jumia?
Citron Research openly accused Jumia of fraud and described its equity as “worthless.” From a peak price of $49,99, Jumia stocks fell off a cliff and the bottom dropped out as the share price fell below its IPO price of $14.50. Some disgruntled investors began filing class action lawsuits.
What is wrong with jumia?
Within a few weeks, Jumia’s stock suffered a spectacular decline, weighed down by allegations of fraud and concealed losses, a scathing report by a notorious short-seller, embarrassing fraud lawsuits in New York courts and a public relations disaster over its identity.
What’s wrong with Jumia?
Citron Research openly accused Jumia of fraud and described its equity as “worthless.” From a peak price of $49,99, Jumia stocks fell off a cliff and the bottom dropped out as the share price fell below its IPO price of $14.50. Some disgruntled investors began filing class action lawsuits.
What is the net worth of Jumia?
In 2016, Jumia became the continent’s first unicorn being valued over 1 billion USD.
Why is Jumia so low?
Summary. Shares of Jumia Technologies have been under pressure from a trend of weaker than expected results from ongoing pandemic disruptions. Despite near-term challenges, the company with a leading e-commerce and fintech platform in Africa is well-positioned to capture a significant growth opportunity.
Why is jumia so low?
Summary. Shares of Jumia Technologies have been under pressure from a trend of weaker than expected results from ongoing pandemic disruptions. Despite near-term challenges, the company with a leading e-commerce and fintech platform in Africa is well-positioned to capture a significant growth opportunity.
Will Amazon Buy Jumia?
According to a survey conducted in the U.S. in February 2021, majority of respondents said that Amazon should move forward with acquiring e-commerce companies, such as Alibaba or Jumia, that year. In terms of respondents’ support, 26 percent said that Amazon should move forward on an M&A with Alibaba and Jumia.
Can Jumia be profitable?
It could take years for Jumia to be profitable . That’s partly because its sales, advertising, technology investments, and general expenses will all increase. For example, its general and administrative expenses excluded share-based compensation and still rose 10% YOY to $25.2 million.
Which country owns Jumia?
Jumia
| Type | Public |
|---|---|
| Founded | 2012 Lagos, Nigeria . |
| Founders | Jérémy Hodara, Sacha Poignonnec |
| Key people | Jérémy Hodara (CEO) Sacha Poignonnec (CEO) |
| Number of employees | 5100 |
Is selling on Jumia profitable?
Despite the business model shakeup, Jumia is still not profitable, and it is also not growing as fast as it once was. Jumia’s customer base grew to 6.9 million, 500k customers (6.9%) higher than 6.4 million in Q1 2020.
Who owns Jumia Kenya?
Jumia was the first African company to win an award at the World Online Retail Awards 2013 in Paris as the “Best New Retail Launch” of the year. Managing Director Parinaz Firozi was born and raised in India until the age of 11.
What is the net worth of jumia?
In 2016, Jumia became the continent’s first unicorn being valued over 1 billion USD.
What is wrong with Jumia?
Within a few weeks, Jumia’s stock suffered a spectacular decline, weighed down by allegations of fraud and concealed losses, a scathing report by a notorious short-seller, embarrassing fraud lawsuits in New York courts and a public relations disaster over its identity.
Is jumia popular in Africa?
Summary. Jumia’s financial performance over the past several years has been nothing short of underwhelming. Equipped with an addressable market of 1.2B consumers, Jumia is the frontrunner in Africa’s e-commerce market.
Is eBay a takeover target?
A potential takeover target
According to FactSet estimates, transaction volumes and eBay’s take rate are still expected to increase over the next few years which should keep profits growing. This makes eBay something of an outlier amongst many richly valued Nasdaq listed tech stocks.
Will Amazon acquire eBay?
Currently, Amazon has not confirmed any plans to buy eBay, although Forbes Magazine speculated that Amazon could buy eBay in a cash deal.
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