▼ -44.96% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Jumia Technologies in the last 3 months. The average price target is $19.67, with a high forecast of $32.00 and a low forecast of $12.00. The average price target represents a -44.96% upside from the last price of $35.73.
The current consensus among 3 contributing investment analysts is to hold stock in Jumia Technologies.
Jumia Technologies AG operates an e-commerce platform in Africa, Portugal, Germany, and the United Arab Emirates. The company's platform consists of marketplace that connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets. Its marketplace offers various products in a range of categories, such as fashion and apparel, beauty and personal care, home and living, fast moving consumer goods, smartphones, and other electronics, as well as access to various services, including restaurant food delivery, hotel and flight booking, classified advertising, airtime recharge, and instant delivery. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was founded in 2012 and is headquartered in Berlin, Germany.