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Jumia Technologies AG stock reached a 52-week high, hitting 11.12 USD, marking a significant milestone for the company. According to InvestingPro data, the company’s market capitalization now stands at $1.2 billion, with analyst price targets ranging from $7.60 to $15.06. Over the past year, Jumia’s stock has experienced an impressive 109.19% increase, with a remarkable 318% surge in the past six months alone, reflecting strong investor confidence and growth potential in the e-commerce sector. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 12 additional exclusive insights available to subscribers. This surge underscores the company’s strategic initiatives and market expansion efforts, which have resonated well with investors, despite an EBITDA of -$69.49M in the last twelve months. The 52-week high is a testament to Jumia’s resilience and adaptability in a competitive market, as it continues to leverage its position as a leading e-commerce platform in Africa, maintaining a healthy current ratio of 1.38 and holding more cash than debt on its balance sheet.
In other recent news, Jumia Technologies reported its Q2 2025 earnings, with revenue reaching $45.6 million, surpassing expectations and representing a 25% increase compared to the previous year. However, the company’s earnings per share (EPS) came in at -$0.12, slightly missing the forecast of -$0.11. Despite the EPS miss, the positive revenue results were noteworthy. RBC Capital upgraded Jumia Technologies’ stock rating from Sector Perform to Outperform. The firm also raised its price target from $6.50 to $15.00. This upgrade followed virtual meetings with Jumia’s CEO and CFO, which left RBC Capital optimistic about the company’s future, particularly due to benefits from easing foreign exchange pressures. These developments reflect a series of recent positive changes for Jumia Technologies.
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