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Jumia Technologies AG has a consensus price target of $6.4 based on the ratings of 4 analysts. The high is $11 issued by Benchmark on August 7, 2024. The low is $3.6 issued by Morgan Stanley on January 3, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Benchmark, and Benchmark on November 13, 2024, August 7, 2024, and July 9, 2024, respectively. With an average price target of $10 between RBC Capital, Benchmark, and Benchmark, there's an implied 163.16% upside for Jumia Technologies AG from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Jumia Technologies (NYSE:JMIA) was reported by RBC Capital on November 13, 2024. The analyst firm set a price target for $5.00 expecting JMIA to rise to within 12 months (a possible 31.58% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Jumia Technologies (NYSE:JMIA) was provided by RBC Capital, and Jumia Technologies initiated their sector perform rating.
The last upgrade for Jumia Technologies AG happened on January 3, 2024 when Morgan Stanley raised their price target to $3.6. Morgan Stanley previously had an underweight for Jumia Technologies AG.
The last downgrade for Jumia Technologies AG happened on November 29, 2021 when Morgan Stanley changed their price target from $21 to $11 for Jumia Technologies AG.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Jumia Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Jumia Technologies was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest Jumia Technologies (JMIA) rating was a initiated with a price target of $0.00 to $5.00. The current price Jumia Technologies (JMIA) is trading at is $3.80, which is within the analyst’s predicted range.
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