Jumia Technologies (NYSE:JMIA) Shares Gap Up – Time to Buy?

09 Jun 2026, 12:36 by Jessica Moore · The Cerbat Gem

Jumia Technologies (NYSE:JMIA – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $6.86, but opened at $7.31. Jumia Technologies shares last traded at $7.3110, with a volume of 471,928 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on JMIA shares. New Street Research set a $18.00 price objective on Jumia Technologies in a research note on Tuesday, March 10th. Cantor Fitzgerald set a $16.00 price objective on Jumia Technologies in a research note on Wednesday, February 11th. Weiss Ratings restated a “sell (e+)” rating on shares of Jumia Technologies in a research note on Tuesday, April 21st. Finally, Craig Hallum restated a “buy” rating on shares of Jumia Technologies in a research note on Tuesday, March 10th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $17.00.

View Our Latest Stock Report on Jumia Technologies

Jumia Technologies Price Performance

The firm has a fifty day moving average of $7.17 and a two-hundred day moving average of $9.57. The company has a current ratio of 1.02, a quick ratio of 0.93 and a debt-to-equity ratio of 0.53.

Insiders Place Their Bets

In related news, EVP Antoine Maillet-Mezeray sold 20,000 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $7.09, for a total transaction of $141,800.00. Following the completion of the sale, the executive vice president directly owned 279,992 shares in the company, valued at $1,985,143.28. This represents a 6.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Jumia Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its holdings in Jumia Technologies by 2,066.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,770 shares of the company’s stock worth $47,000 after buying an additional 3,596 shares during the period. Kestra Advisory Services LLC purchased a new stake in Jumia Technologies in the 4th quarter worth approximately $54,000. EverSource Wealth Advisors LLC lifted its holdings in Jumia Technologies by 77.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 7,388 shares of the company’s stock worth $51,000 after buying an additional 3,221 shares during the period. Federation des caisses Desjardins du Quebec lifted its holdings in Jumia Technologies by 29.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,797 shares of the company’s stock worth $122,000 after buying an additional 2,220 shares during the period. Finally, Fisher Asset Management LLC purchased a new stake in Jumia Technologies in the 3rd quarter worth approximately $118,000. Hedge funds and other institutional investors own 16.50% of the company’s stock.

Jumia Technologies Company Profile

(Get Free Report)

Jumia Technologies AG (NYSE: JMIA) operates as a leading e-commerce and technology platform in Africa, facilitating online retail, logistics and digital payments. The company’s marketplace connects millions of consumers with a diverse array of sellers offering electronics, fashion, home goods, groceries and more. Beyond its core retail services, Jumia has developed JumiaPay, a payment solution that enables secure transactions both on and off its platform, and Jumia Logistics, which provides end-to-end delivery and fulfillment support across the continent.