Jumia Technologies (NYSE:JMIA) Price Target Cut to $9.00 by Analysts at Cantor Fitzgerald

Posted by Brenda Bartman on Oct 20th, 2026

Jumia Technologies (NYSE:JMIA – Free Report) had its price target trimmed by Cantor Fitzgerald from $11.00 to $9.00 in a research note published on Monday, MarketBeat Ratings reports. The brokerage currently has an overweight rating on the stock.

Several other research firms also recently weighed in on JMIA. Benchmark reissued a “buy” rating on shares of Jumia Technologies in a research note on Thursday, August 13th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jumia Technologies in a research note on Thursday. Craig Hallum reaffirmed a “buy” rating and set a $12.00 price objective on shares of Jumia Technologies in a research note on Thursday, August 13th. Royal Bank Of Canada decreased their price objective on Jumia Technologies from $15.00 to $13.00 and set an “outperform” rating on the stock in a report on Thursday, August 13th. Finally, Wall Street Zen lowered Jumia Technologies from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $14.00.

Read Our Latest Research Report on Jumia Technologies

Jumia Technologies Stock Performance

JMIA stock opened at $5.78 on Monday. The firm’s fifty day moving average is $6.74 and its 200 day moving average is $6.84. Jumia Technologies has a 52 week low of $5.59 and a 52 week high of $14.72. The company has a quick ratio of 0.77, a current ratio of 0.88 and a debt-to-equity ratio of 25.80.

Institutional Trading of Jumia Technologies

A number of institutional investors have recently made changes to their positions in the stock. Clay Northam Wealth Management LLC bought a new stake in Jumia Technologies in the 2nd quarter worth $93,000. Key Client Fiduciary Advisors LLC increased its position in shares of Jumia Technologies by 9.4% in the second quarter. Key Client Fiduciary Advisors LLC now owns 19,164 shares of the company’s stock valued at $135,000 after acquiring an additional 1,648 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Jumia Technologies by 77.3% in the first quarter. EverSource Wealth Advisors LLC now owns 7,388 shares of the company’s stock valued at $51,000 after acquiring an additional 3,221 shares during the period. Cetera Investment Advisers raised its stake in shares of Jumia Technologies by 159.4% during the first quarter. Cetera Investment Advisers now owns 57,985 shares of the company’s stock valued at $400,000 after acquiring an additional 35,635 shares during the last quarter. Finally, Cannell & Spears LLC raised its stake in shares of Jumia Technologies by 142.5% during the first quarter. Cannell & Spears LLC now owns 97,000 shares of the company’s stock valued at $669,000 after acquiring an additional 57,000 shares during the last quarter. Hedge funds and other institutional investors own 16.50% of the company’s stock.

Jumia Technologies Company Profile

(Get Free Report)

Jumia Technologies AG is an e-commerce company that operates an online marketplace serving consumers and merchants in Africa. Its platform connects customers with third-party sellers offering products such as electronics, mobile phones, fashion, beauty and personal-care items, home goods, groceries and other everyday merchandise.

The company also provides supporting services intended to facilitate online commerce, including delivery and logistics solutions for merchants and customers. Through JumiaPay, it has offered digital payment services and related financial technology solutions, although the availability and scope of these services may vary by market.

Founded in 2012, Jumia has historically expanded its operations across multiple African countries, including markets in North, West, East and Southern Africa.