The price of JMIA is predicted to go up 3.92%, based on the high correlation periods with SENEB. The similarity of these two price pattern on the periods is 99.21%.
JMIA
SENEB
Up: 3.92%Similarity: 99.21%
JMIA Revenue Forecast
JMIA EPS Forecast
JMIA FAQs
What is JMIA revenue forecast for next quarter?
The market consensus for JMIA's revenue in the upcoming quarter is projected to be approximately $39.24M USD.
RBC Capital initiated coverage of Jumia Technologies with a Sector Perform rating and $5 price target. Jumia is the largest pan-African e-commerce vendor with an attractive combination of an underpenetrated end market with a leading brand, asset-light vertical integration and growing moat with potential longer-term optionality, the analyst tells investors in a research note. However, the firm says it would like to get more constructive as it seeks better visibility on a faster path to profitability. Newer management is rebuilding a more sustainable cost structure which will take some time, says RBC.