The Benchmark Company initiated coverage on Jumia with a new price target
$JMIA
Catalog/Specialty Distribution
Consumer Discretionary
The Benchmark Company initiated coverage of Jumia with a rating of Buy and set a new price target of $14.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $5.00 | Sector Perform | RBC Capital Mkts |
| 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 |
Collaboration Offers Customers Diverse Payment Solutions and Flexible Installment Plans Through JumiaPay CAIRO, EGYPT / ACCESSWIRE / November 18, 2024 / Jumia Technologies AG (NYSE:JMIA), a leading e-commerce platform in Egypt, today announced a strategic partnership with Premium International for Financial Services, "Premium Card", a company specializing in diverse payment solutions to enhance the online shopping experience and provide exceptional benefits to customers."We are excited to announce this strategic partnership with Premium Card, which represents a significant opportunity to expand our service offerings. The partnership will provide exclusive discounts and flexible installment p
LAGOS, NIGERIA / ACCESSWIRE / November 12, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today that Francis Dufay, Chief Executive Officer, will participate in a fireside chat and along with Antoine Malliet-Mezeray, Executive Vice President of Finance and Operations, will participate in one-on-one meetings at the 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 20, 2024 in New York, NY.The fireside chat will take place at 11:20am ET on November 20, 2024. A webcast will be available on Jumia's Investor Relations website: https://investor.jumia.com/our-company/default.aspx. To schedule a one-on-one meeting
Continued Execution on Fundamentals, Resilient Top-Line Growth in Challenging Macro Conditions and Significantly Improved Liquidity Position LAGOS, NIGERIA / ACCESSWIRE / November 7, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the third quarter ended September 30, 2024.Results highlights for the third quarter 2024Revenue of $36.4 million, down 13% year-over-year, or up 9% in constant currency.GMV of $162.9 million, down 1% year-over-year, or up 29% in constant currency.Operating loss of $20.1 million compared to $18.3 million in the third quarter of 2023, up 10% year-over-year, and up 6% in constant currency.Adjusted EBITDA lo