Introducing Jumia Technologies Is Jumia stock a buy? Ready to invest in African e-commerce? This stock could be your best bet. Writing in StreetInsider.com this morning, Benchmark's Fawne Jiang says that thanks to a demographic explosion in Africa, Jumia is "poised to benefit" from "multi-year and potentially multi-decade e-commerce growth." Africa, argues the analyst, is a market both "vast" and "underserved," and Jumia is offering "tailormade ... logistics and payment services" to help expand e-commerce o ...

JMIA is up 29.8% to trade at $10.98 at last check, pacing for its best day since February after earlier surging to a two-year high of $11.20. The shares staged a bounce off the $7 region, which coincides with support from the 40-day moving average, and conquered their June peak. So far this year, the equity has added 212.2%. Today's bullish coverage is moving the needle, though. So far today, 33,000 calls and 13,000 puts have exchanged hands, which is triple the intraday average volume. Most active is the w ...

Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The most recent trading session ended with Jumia Technologies (JMIA) standing at $8.46, reflecting no shift from the previouse trading day's closing. This change lagged the S&P 500's 0.1% gain on the day. Elsewhere, the Dow saw a downswing of 0.08%, ...

Prior to today's trading, shares of the company had gained 15.06% over the past month. This has outpaced the Retail-Wholesale sector's gain of 2.04% and the S&P 500's gain of 3.22% in that time. It's also important for investors to be aware of any recent modifications to analyst estimates for Jumia Technologies. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability ...

Company Overview - Jumia Technologies is part of the Retail-Wholesale group, ranked 13 in the Zacks Sector Rank, which includes 213 companies [1] - Jumia Technologies has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [6] Earnings Performance - Over the past three months, the Zacks Consensus Estimate for Jumia's full-year earnings has increased by 26.5%, reflecting improved analyst sentiment and a stronger earnings outlook [2] - Year-to-date, Jumia Technologies has gained approximately 122.4%, significantly outperforming the average gain of 12% for Retail-Wholesale stocks [9] Industry Comparison - Jumia Technologies is categorized under the Internet - Commerce industry, which consists of 37 companies and currently ranks 80 in the Zacks Industry Rank [10] - The Internet - Commerce industry has seen an average gain of 16% this year, indicating that Jumia is performing better than its industry peers [10] Competitor Analysis - Sprouts Farmers, another stock in the Retail-Wholesale sector, has seen a 61.6% return since the beginning of the year and has a Zacks Rank of 1 (Strong Buy) [3][7] - The Food - Natural Foods Products industry, to which Sprouts Farmers belongs, is ranked 14 and has increased by 16.3% this year [8]

Core Insights - The Kenya Ecommerce market is projected to grow by 12.86% annually, reaching US$2.6 billion in 2024, with a compound annual growth rate (CAGR) of 9.97% from 2024 to 2028, increasing from US$2.3 billion in 2023 to US$3.8 billion by 2028 [13][14]. Market Size and Forecast - The report provides a detailed analysis of the Kenya Ecommerce market size and forecasts across various segments, including retail shopping, travel and hospitality, online food service, media and entertainment, healthcare and wellness, and technology products and services [14][15]. - Gross Merchandise Value (GMV) trend analysis is included, highlighting the growth trajectory of the ecommerce sector in Kenya [10][13]. Consumer Demographics - Insights into consumer demographics are provided, including spending patterns by age, gender, and income level, which are essential for understanding market dynamics [8][14]. - The report covers user statistics, including card abandonment rates and product return rates, which are critical for assessing consumer behavior [4][10]. Market Share Analysis - The report details market share by key players across various ecommerce verticals, such as retail shopping (e.g., Amazon, Jumia), travel (e.g., Expedia), and food service (e.g., Deliveroo) [4][14]. - It also analyzes market share by sales channels, including platform to consumer, direct to consumer, and consumer to consumer [14][15]. Payment Instruments - The report examines the ecommerce market size and forecast by payment instruments, including credit cards, debit cards, bank transfers, prepaid cards, digital wallets, and cash [3][14]. - This analysis provides insights into consumer preferences and trends in payment methods within the ecommerce landscape [14]. Engagement Models - The report includes niche trends such as market size by live streaming engagement models and cross-border purchases, which are becoming increasingly relevant in the ecommerce space [15]. - It also covers ecommerce spend share by operating systems and devices, providing a comprehensive view of consumer engagement [15].

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Jumia Technologies (JMIA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Jumia Technologies is a member of our Retail-Wholesale group, which includes 213 different companies and currently sits at #1 ...

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Hello World/DigitalVision via Getty Images Introduction Jumia Technologies AG (NYSE:JMIA) has experienced quite the roller coaster since I last interviewed CEO Francis Dufay about the company’s earnings. Over this short time, the stock nearly doubled, gave up all those gains and then some, and then rallied again into the latest earnings report. After an initial 17.9% post-earnings boost, JMIA is stretching toward its previous post-earnings high. JMIA has experienced wild volatility separate from its bus ...

Jumia Technologies (NYSE: JMIA) stock price has bounced back in the past few months as investors cheered the company’s turnaround. It has soared by over 178% from its lowest level in 2023 and is up by over 75% this year alone.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Turnaround is going on but risks remainCopy link to sectionJumia Technologies, commonly compared to Africa’s Amazon, is going through a turnaround after going through major challeng ...