Jumia upgraded by Morgan Stanley with a new price target
$JMIA
Catalog/Specialty Distribution
Consumer Discretionary
Morgan Stanley upgraded Jumia from Underweight to Equal-Weight and set a new price target of $3.60 from $3.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/9/2024 | $14.00 | Buy | The Benchmark Company |
| 1/3/2024 | $3.00 → $3.60 | Underweight → Equal-Weight | Morgan Stanley |
| 11/29/2021 | $21.00 → $11.00 | Equal-Weight → Underweight | Morgan Stanley |
| 7/20/2021 | $32.00 → $21.00 | Equal-Weight | Morgan Stanley |
New leadership appointed with a plan focused on path to profitability and e-commerce fundamentalsLAGOS, NIGERIA / ACCESSWIRE / November 7, 2022 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or "the Company") today announced the appointment of a new Management Board and Acting CEO, while Jeremy Hodara and Sacha Poignonnec, Co-CEOs, will be stepping down effective today. The Supervisory Board has appointed Francis Dufay and Antoine Maillet-Mezeray as members of the Company's Management Board.Francis Dufay is appointed Acting CEO. He has been with the Company since 2014 and has held multiple senior leadership roles, including CEO of Ivory Coast and recently EVP Africa with responsibility for the
ISTANBUL, Oct. 30, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ:HEPS) and Jumia (NYSE:JMIA), today announced that the companies have entered into a commercial partnership whereby Hepsiburada will list its private label products and a portion of its retail assortment, together with a selection of other curated Turkish brands, on Jumia. Headquartered in Istanbul, Hepsiburada is a leading e-commerce technology platform in Türkiye. Through this partnership, the two companies will leverage their respective strengths to provide a seamless and improved shopping experience for Jumia`s consumers. The collaboration lays the groundwork for bro
Partnership with Leading Turkish E-commerce Technology Platform to Expand Product Access for North African Consumers CAIRO, EGYPT / ACCESSWIRE / October 30, 2024 / Jumia (NYSE:JMIA) and D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ:HEPS), today announced that the companies have entered into a commercial partnership whereby Hepsiburada will list its private label products and a portion of its retail assortment, together with a selection of other curated Turkish brands, on Jumia.Headquartered in Istanbul, Hepsiburada is a leading e-commerce technology platform in Türkiye. Through this partnership, the two companies will leverage their respective strengths to provide a se
LAGOS, NIGERIA / ACCESSWIRE / October 24, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the third quarter of 2024 before the U.S. market opens on Thursday, November 7, 2024.Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day. Interested parties may access the call using the following dial-in details:US Dial-in (Toll Free): 888-506-0062International Dial-in: 973-528-0011United Kingdom Dial-in: 44 20 3355 4169Entry Code: 910892A live webcast of the earnings conference call can be accessed on the Jumia Investor Relations website: https://investor.jumia.com/.A replay of the conference call will
The Benchmark Company initiated coverage of Jumia with a rating of Buy and set a new price target of $14.00
Morgan Stanley upgraded Jumia from Underweight to Equal-Weight and set a new price target of $3.60 from $3.00 previously
Morgan Stanley downgraded Jumia Technologies from Equal-Weight to Underweight and set a new price target of $11.00 from $21.00 previously
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Jumia Technologies AG (NYSE:JMIA) is not making a lot of money. The company will release results for the second quarter before the opening bell on Tuesday, Aug. 6. Benchmark analyst Fawne Jiang initiated coverage of Jumia’s stock on July 9 with a Buy rating and a $14 price target. The African e-commerce company is poised to benefit from multi-year and potentially multi-decade e-commerce growth in the region. See Also: Jim Cramer Recommended This Bank A Month Before It Collapsed, An Example Of ‘His Reverse Midas Touch’ When asked about Adeia Inc. (NASDAQ:ADEA), he said, “I would actually put Trade, TTD, which was down very bad
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AMZN CALL SWEEP BULLISH 07/26/24 $187.50 $48.6K 11.3K 32.3K LCID PUT TRADE BULLISH 12/18/26 $1.00 $1.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSLA CALL SWEEP BEARISH 07/26/24 $250.00 $26.5K 13.1K 37.1K GM CALL TRADE
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6-K - Jumia Technologies AG (0001756708) (Filer)
6-K - Jumia Technologies AG (0001756708) (Filer)
6-K - Jumia Technologies AG (0001756708) (Filer)
LAGOS, NIGERIA / ACCESSWIRE / October 24, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the third quarter of 2024 before the U.S. market opens on Thursday, November 7, 2024.Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day. Interested parties may access the call using the following dial-in details:US Dial-in (Toll Free): 888-506-0062International Dial-in: 973-528-0011United Kingdom Dial-in: 44 20 3355 4169Entry Code: 910892A live webcast of the earnings conference call can be accessed on the Jumia Investor Relations website: https://investor.jumia.com/.A replay of the conference call will
Execution Against Strategic Priorities Drives Continued Acceleration in Usage TrendsCash Management Initiatives Deliver Further Improvements in Cash Utilization LAGOS, NIGERIA / ACCESSWIRE / August 6, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the second quarter ended June 30, 2024.Results highlights for the second quarter 2024Revenue of $36.5 million, down 17% year-over-year, or up 15% in constant currency.GMV of $170.1 million, down 5% year-over-year, or up 35% in constant currency.Operating loss of $20.2 million compared to $22.1 million in the second quarter of 2023, down 8% year-over-year, and down 5% in constant currenc
LAGOS, NIGERIA / ACCESSWIRE / July 22, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the second quarter of 2024 before the U.S. market opens on Tuesday, August 6, 2024.Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day. Interested parties may access the call using the following dial-in details:US Dial-in (Toll Free): 888-506-0062International Dial-in: 973-528-0011United Kingdom Dial-in: 44 20 3355 4169Entry Code: 336704A live webcast of the earnings conference call can be accessed on the Jumia Investor Relations website: https://investor.jumia.com/.A replay of the conference call will be a