Jumia Technologies (JMIA) Shares Reach New 52-Week Peak Today: What’s Behind the Surge?

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

JMIA+1.58%

Source: Benzinga

Updated: Sep 16 2025

Stock Upgrade: Jumia Technologies AG shares rose after RBC Capital upgraded the stock to Outperform and set a price target of $15, following positive investor meetings with the company's CEO and CFO.
Supply Chain Improvements: The upgrade is attributed to improved currency stability, enhancing relationships with Chinese suppliers and allowing Jumia to expand its supply chain and workforce in China.
Market Performance: JMIA shares increased by 23.6% to $12.10, with a 52-week high of $12.37 and a low of $1.60, reflecting a strong momentum score of 97.95 according to Benzinga Edge rankings.
Investment Options: The article provides guidance on how to buy JMIA stock or short it, highlighting the need for a brokerage account and options trading platforms for those interested in betting against the company.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Jumia Technologies (JMIA) Shares Reach New 52-Week Peak Today: What’s Behind the Surge?

About the author

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