Latest news with #JumiaTechnologies
Yahoo
7 days ago
- Business
- Yahoo
Why Jumia Technologies Stock Surged 11% Higher Today
Key Points One analyst tracking the stock feels it's worthy of a price target hike. His move came shortly after the company reported second-quarter earnings. 10 stocks we like better than Jumia Technologies Ag › A meaty price target raise from an analyst made Jumia Technologies (NYSE: JMIA) stock irresistibly tasty for many market participants on Monday. The e-commerce company's shares rose in excess of 11% across the day's trading session, a rate that was more than good enough to crush the S&P 500 index with its 0.3% slump. A cautiously optimistic raise That rather considerable hike was made by RBC Capital prognosticator Brad Erickson. He shifted his price target upward, to $6.50 per share from his preceding $5. Although not quite a bull, as he continued to rate Jumia stock as only a sector perform (hold), he made several bullish points in his research note detailing the change. Erickson's move did not come out of the blue. It came several trading sessions after Jumia reported its second-quarter results. These showed several encouraging developments, not least a 25% year-over-year improvement in total sales, to $45.6 million, topping the consensus analyst estimate of $43 million. This was accompanied by a 6% rise in gross merchandise value (GMV) to over $180 million. Management also raised full-year 2025 guidance for both the number of total orders and for GMV. The company wasn't profitable according to several accounting line items, however, with operating loss deepening to over $20 million from the year-ago deficit of $16.5 million. A break for breakeven Erickson expressed a cautiously optimistic view of Jumia's second quarter, according to reports. The analyst zeroed in on the development of the order count, theorizing that it could bring the company to profitability sooner than expected. He speculated that it could meet the goal of hitting breakeven on the bottom line by the end of 2026. Should you buy stock in Jumia Technologies Ag right now? Before you buy stock in Jumia Technologies Ag, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Jumia Technologies Ag wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Jumia Technologies Stock Surged 11% Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
11-08-2025
- Business
- Globe and Mail
Why Jumia Technologies Stock Surged 11% Higher Today
Key Points One analyst tracking the stock feels it's worthy of a price target hike. His move came shortly after the company reported second-quarter earnings. 10 stocks we like better than Jumia Technologies Ag › A meaty price target raise from an analyst made Jumia Technologies (NYSE: JMIA) stock irresistibly tasty for many market participants on Monday. The e-commerce company's shares rose in excess of 11% across the day's trading session, a rate that was more than good enough to crush the S&P 500 index with its 0.3% slump. A cautiously optimistic raise That rather considerable hike was made by RBC Capital prognosticator Brad Erickson. He shifted his price target upward, to $6.50 per share from his preceding $5. Although not quite a bull, as he continued to rate Jumia stock as only a sector perform (hold), he made several bullish points in his research note detailing the change. Erickson's move did not come out of the blue. It came several trading sessions after Jumia reported its second-quarter results. These showed several encouraging developments, not least a 25% year-over-year improvement in total sales, to $45.6 million, topping the consensus analyst estimate of $43 million. This was accompanied by a 6% rise in gross merchandise value (GMV) to over $180 million. Management also raised full-year 2025 guidance for both the number of total orders and for GMV. The company wasn't profitable according to several accounting line items, however, with operating loss deepening to over $20 million from the year-ago deficit of $16.5 million. A break for breakeven Erickson expressed a cautiously optimistic view of Jumia's second quarter, according to reports. The analyst zeroed in on the development of the order count, theorizing that it could bring the company to profitability sooner than expected. He speculated that it could meet the goal of hitting breakeven on the bottom line by the end of 2026. Should you invest $1,000 in Jumia Technologies Ag right now? Before you buy stock in Jumia Technologies Ag, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Jumia Technologies Ag wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025
Yahoo
11-08-2025
- Business
- Yahoo
Jumia Technologies Reports Second Quarter 2025 Earnings
Explore Jumia Technologies's Fair Values from the Community and select yours Jumia Technologies (NYSE:JMIA) Second Quarter 2025 Results Key Financial Results Revenue: US$45.6m (up 25% from 2Q 2024). Net loss: US$16.6m (loss narrowed by 25% from 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Jumia Technologies Earnings Insights Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Multiline Retail industry in the US. Performance of the American Multiline Retail industry. The company's shares are up 30% from a week ago. Risk Analysis It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Jumia Technologies, and understanding these should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-04-2025
- Business
- Yahoo
Why Jumia Technologies (JMIA) is Among the Best Internet Retail Stocks to Buy According to Analysts
We recently published a list of . In this article, we are going to take a look at where Jumia Technologies (NYSE:JMIA) stands against other best internet retail stocks to buy according to analysts. Trade policies and tariffs have dominated the stock market since the beginning of April, resulting in volatility and uncertainty. However, CNBC reported on April 16 that retail sales rose 1.4% in March, surpassing expectations. CNBC reported earlier on April 15 that the March retail sales report had the potential to impact investor positioning and confidence. According to Dow Jones, economists and experts anticipated a 1.2% month-over-month growth. READ ALSO: and . CNBC reported that the primary catalyst for this growth is a pull-forward of consumer spending to get ahead of increased good prices brought about by tariffs. It also reported that Freedom Capital Markets chief global strategist Jay Woods opined that retail stocks could undergo a short-term bounce if the retail sales report were in line or better than expected. He said: 'Some of these names have gotten way too far ahead of themselves on the downside that bounces are natural. They've gotten beaten down and mean reversion could lead to a nice rally over the coming days.' Callie Cox, chief market strategist of Ritholtz Wealth Management, expressed similar sentiments, saying a strong retail sales report could potentially lead to a rise in consumer discretionary stocks. 'Consumer Discretionary stocks have been hit so hard that they may be more susceptible to a relief rally on the back of a retail sales report that doesn't show the economy is falling apart,' said Cox. With the retail sales report exceeding expectations, these analyst opinions could potentially come true. So let's look at the 11 best internet retail stocks to buy according to analysts. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 30 internet retail stocks and chose the top 11 with the highest analyst upside potential as of April 17, 2025. We also added the number of hedge fund holders for each stock as of Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey's database. The list is ordered in ascending order of analyst upside. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A woman in fashionable apparel shopping on an e-commerce platform. Analyst Upside: 79.27% Number of Hedge Fund Holders: 14 Jumia Technologies (NYSE:JMIA) operates an e-commerce platform that connects consumers and sellers through logistics, payment, and marketplace services. The company's platform operates in the Middle East and Africa and offers digital services and products, including fashion, smartphones, apparel, electronics, and financial solutions. The company experienced an 18% year-over-year growth in its physical goods orders in December, reflecting the growing demand on its platform. Jumia Technologies (NYSE:JMIA) anticipates growth between 15% and 20% year over year in the Physical Goods Order segment, supported by enhanced customer and seller experience, upcountry expansion, and product assortment expansion achieved through international sourcing. Its core marketplace business also grew in fiscal Q4 2024, with quarterly active customers increasing by 8%. Jumia Technologies (NYSE:JMIA) achieved these results while reducing its marketing spend from $6.2 million in fiscal Q4 2023 to $4.8 million in fiscal Q4 2024. The company takes the sixth spot on our list of the top internet retail stocks to buy according to analysts. Overall, JMIA ranks 6th on our list of the best internet retail stocks to buy for 2025. While we acknowledge the potential for JMIA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than JMIA but trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Is Jumia Technologies (JMIA) the Best German Stock to Buy According to Hedge Funds?
We recently published a list of . In this article, we are going to take a look at where Jumia Technologies (NYSE:JMIA) stands against other best German stocks to buy according to hedge funds. Germany's economy is facing continued weakness. According to a report published by Roland Berger, the 0.1% contraction in 2023 and the 0.2% in 2o24 will only be countered by a 0.4% projected growth in 2025. While manufacturing orders are recovering modestly since June last year, business sentiments are still low and the industrial production for November was down 3,1% year-over-year. Unemployment also reached 2.81 million in December 2024, which was a 170,000 increase as compared to the same period last year. This pushed the unemployment rate to 6%. Inflation is now expected to average 2% in 2025, which is still down from the 2.2% figure from 2024. Earlier on March 6, Chris Verrone, Strategas, joined CNBC's 'Fast Money' to express his bullish outlook on the European market. He highlighted a shift in global cyclicality eastward and observed that the European industrials are achieving new highs. Verrone emphasized that the European banks have shown strength over the past 18 months but despite such trends, investors are still not heavily leaning towards European equities. He cited the German ETF under the name of EWG to support his stance, as EWG broke a 20-year high which indicated its departure from prolonged secular stagnation particularly within banks and industrials. However, he did note that energy and basic resources are not showing the same momentum. The conversation also covered the fact that investors have been overweight in US large-cap tech stocks over the past 12 to 13 years. Verrone relayed that observed extreme bearishness towards the European market as of December 2024, when he visited the region. He particularly noted that peripheral European markets, which include countries like Italy and Spain, have been leading. Whereas Germany has lagged. While Verrone mentioned that he heard Christine Lagarde, President of the European Central Bank, expressed pessimism about the European economy herself during the world economic forum in Davos, he still maintains his bullish outlook. He thinks that the European economic data is improving and global cyclicality has not been extinguished. We used the Finviz stock screener to compile an initial list of top German stocks. We then selected 12 German stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024. The hedge fund data was sourced from Insider Monkey's database which tracks the moves of over 900 elite money managers. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A woman in fashionable apparel shopping on an e-commerce platform. Number of Hedge Fund Holders: 14 Jumia Technologies (NYSE:JMIA) operates an e-commerce platform across Africa and the Middle East, which connects sellers with consumers through its marketplace, logistics, and payment services. Its platform offers products and digital services such as electronics, fashion, and financial solutions. The company's Physical Goods Orders segment demonstrated growth in Q4 2024, with orders increasing by 18% year-over-year. This growth was achieved despite a reduction in marketing spend. Key drivers included successful Black Friday sales events, particularly in electronics and phones, and the expansion of international sourcing, with 31% of gross items sourced from international sellers, primarily China, which represented a 61% year-over-year increase. For 2025, Jumia Technologies (NYSE:JMIA) projects Physical Goods Orders to grow between 15% and 20% year-over-year, driven by upcountry expansion, product assortment expansion through international sourcing, and improvements in customer and seller experience. Upcountry orders accounted for 56% of Q4 orders, which was up from 49% in Q4 of 2023. The company plans to expand its J-Force agent network, particularly in these regions. J-Force is the company's network of independent sales consultants who promote and sell its products and services within their local communities. Overall, JMIA ranks 5th on our list of best German stocks to buy according to hedge funds. While we acknowledge the growth potential of JMIA, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JMIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
