Jumia Technologies remains a strong buy despite 38% YTD stock drop, aiming profitability by 2027.

Jumia Technologies reported strong Q1 growth hitting the top end of its GMV guidance and maintained its breakeven target for Q4. Despite a 38% year-to-date stock decline, the company is progressing toward full-year profitability by 2027. Key growth drivers include expansion into upcountry markets, a partnership with Starlink, and AI-driven cost efficiencies. These factors, along with competitive logistics and solid execution, position Jumia as a leading e-commerce player in Africa, offering an attractive valuation entry point for investors.