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Jumia Technologies AG stock has reached a significant milestone, hitting a 52-week high at 12.46 USD. The e-commerce company, now valued at $1.51 billion, has demonstrated remarkable momentum with a staggering 549% gain over the past six months and a 202% return year-to-date, according to InvestingPro data. This marks a notable achievement for the e-commerce company, reflecting a substantial increase in investor confidence over the past year. Over the last 12 months, Jumia Technologies AG has experienced a remarkable 116.25% increase in its stock price, showcasing its robust growth trajectory. This surge comes amid the company’s ongoing efforts to expand its market presence and enhance its service offerings across the African continent. However, current valuations suggest the stock may be overvalued. Investors and market analysts will be closely monitoring Jumia’s performance to see if this upward trend continues. For deeper insights and 12 additional ProTips about JMIA, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Jumia Technologies AG reported its Q2 2025 earnings with a notable revenue of $45.6 million, which exceeded expectations and represented a 25% increase compared to the previous year. However, the company’s earnings per share (EPS) was -$0.12, slightly missing the forecast of -$0.11. Despite the EPS miss, the revenue beat was well-received by the market. RBC Capital has upgraded Jumia Technologies’ stock rating from Sector Perform to Outperform, raising the price target to $15.00 from $6.50. This upgrade followed virtual meetings with Jumia’s CEO and CFO, which left RBC Capital with a positive outlook on the company’s future, especially in light of easing foreign exchange pressures. Additionally, Jumia Technologies is expected to benefit from Google’s significant investment in Africa’s digital infrastructure. Google has announced plans to establish four subsea cable connectivity hubs across Africa, potentially enhancing digital corridors that could benefit Jumia’s operations. These developments reflect the company’s ongoing efforts to strengthen its position in the African e-commerce market.
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