Jumia Technologies AG (NYSE:JMIA) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Jumia Technologies AG (NYSE:JMIA) shareholders are probably feeling a little disappointed, since its shares fell 2.6% to US$10.61 in the week after its latest quarterly results. Revenues fell badly short of expectations, with revenue of US$37m, missing analyst estimates by 27%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

After the latest results, the dual analysts covering Jumia Technologies are now predicting revenues of US$237.7m in 2026. If met, this would reflect a substantial 37% improvement in revenue compared to the last 12 months. Before this earnings announcement, the analysts had been modelling revenues of US$237.5m and losses of US$0.20 per share in 2026. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

Check out our latest analysis for Jumia Technologies

We'd also point out that thatthe analysts have made no major changes to their price target of US$11.25.

Of course, another way to look at these forecasts is to place them into context against the industry itself. For example, we noticed that Jumia Technologies' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 29% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 0.005% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 10% annually. Not only are Jumia Technologies' revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.

The Bottom Line

The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

We have estimates for Jumia Technologies from its dual analysts out to 2027, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 2 warning signs for Jumia Technologies you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.