Jamf Holding (JAMF) AI Stock Analysis

• Market Cap: $1.72B
• Dividend Yield: N/A
• Average Volume (3M): 4.18M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.20
• Revenue Growth: 12.28%
• EPS Growth: 42.19%
• Country: US
• Employees: 2,595
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.25
• Shares Outstanding: 133,222,460
• 10 Day Avg. Volume: 2,587,824
• 30 Day Avg. Volume: 4,175,281
• PEG Ratio: 0.66
• Price to Book (P/B): 2.51
• Price to Sales (P/S): 2.87
• P/FCF Ratio: 81.08
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 2.41
• Enterprise Value/Gross Profit: 3.14
• Enterprise Value/Ebitda: 97.13
• 1Y Price Target: $12.76
• Price Target Upside: -1.31% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 11
• EPS Forecast (FY): 0.87
• Revenue Forecast (FY): $702.93M

• Rating: 69 Neutral
• Price Target: $14.00 ▲(8.28% Upside)

Jamf Holding's overall stock score reflects strong financial performance and positive earnings call highlights, including robust revenue and ARR growth and strategic investments. However, profitability challenges and valuation concerns due to a negative P/E ratio weigh on the score. Technical indicators suggest bullish momentum, but overbought conditions could lead to a pullback.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective market penetration and increasing demand for Jamf's solutions, supporting long-term business expansion.

Strategic Investments

Investment in AI and enterprise sales enhances competitive positioning and aligns with future industry trends, fostering sustainable growth.

Cash Flow Management

Strong cash flow management provides financial flexibility and supports reinvestment in growth initiatives, ensuring long-term viability.

Negative Factors

Profitability Challenges

Ongoing operational losses highlight the need for improved cost management and revenue optimization to achieve sustainable profitability.

SMB Segment Challenges

Challenges in the SMB segment could limit growth potential and require strategic adjustments to capture this market effectively.

Non-Normal Seasonality

Non-normal seasonality may affect revenue predictability, necessitating careful management to mitigate potential financial volatility.

Jamf Holding Business Overview & Revenue Model

Company Description

Jamf Holding Corporation (JAMF) is a leading provider of Apple device management solutions, primarily serving the needs of businesses, educational institutions, and government agencies. The company specializes in software that allows organizations to deploy, manage, and secure Apple devices, including iPhones, iPads, and Macs. Jamf's core products include Jamf Pro, Jamf Now, and Jamf School, which streamline device management processes and enhance productivity through integration with Apple’s ecosystem.

How the Company Makes Money

Jamf generates revenue primarily through subscription-based licensing of its software products. The company offers several tiers of service, with pricing based on the number of devices managed and the specific features included in each tier. This recurring revenue model ensures a steady income stream as customers renew their subscriptions annually. Additionally, Jamf earns revenue from professional services, including implementation, training, and ongoing support. Significant partnerships with Apple and other technology vendors enhance its offerings and expand its market reach, contributing positively to its revenue growth.

Jamf Holding Financial Statement Overview

Summary

Jamf Holding is experiencing robust revenue growth and maintains strong gross margins, but faces challenges in achieving profitability. The balance sheet reflects a stable financial structure with moderate leverage. Cash flow performance is strong, with significant free cash flow growth, suggesting effective cash management despite net losses. Overall, the company is positioned well for growth but needs to address profitability issues.

Income Statement

Jamf Holding shows a consistent revenue growth trajectory, with a TTM revenue growth rate of 3.63%. The gross profit margin remains strong at approximately 79.64% for TTM, indicating efficient cost management. However, the company is facing profitability challenges, with a negative net profit margin of -7.36% and negative EBIT margin, reflecting ongoing operational losses.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 0.50, suggesting a balanced approach to leveraging. However, the return on equity is negative at -6.63% for TTM, indicating inefficiencies in generating returns on shareholder investments. The equity ratio stands at a healthy level, showing a solid asset base.

Cash Flow

Jamf Holding demonstrates strong cash flow management with a significant free cash flow growth rate of 71.02% in TTM. The operating cash flow to net income ratio is 0.15, indicating that cash flows are covering net losses. The free cash flow to net income ratio is high at 0.86, showing effective cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	690.59M	627.40M	560.57M	478.78M	366.39M	269.13M
Gross Profit	530.51M	486.07M	448.47M	359.55M	276.03M	208.12M
EBITDA	17.14M	-22.15M	-54.56M	-78.71M	-11.71M	15.21M
Net Income	-41.29M	-68.45M	-110.09M	-141.30M	-75.19M	-24.08M
Balance Sheet
Total Assets	2.14B	1.58B	1.59B	1.53B	1.48B	1.07B
Cash, Cash Equivalents and Short-Term Investments	547.19M	224.68M	247.21M	224.34M	177.15M	194.87M
Total Debt	391.41M	369.51M	389.08M	392.94M	387.37M	0.00
Total Liabilities	1.35B	864.25M	872.11M	828.20M	741.99M	263.27M
Stockholders Equity	786.72M	715.98M	717.55M	701.34M	738.43M	811.01M
Cash Flow
Free Cash Flow	108.00M	22.18M	33.03M	82.28M	55.41M	48.43M
Operating Cash Flow	114.91M	31.19M	35.96M	90.00M	65.17M	52.80M
Investing Cash Flow	-185.47M	-11.80M	-22.48M	-34.78M	-387.42M	-6.88M
Financing Cash Flow	396.71M	-41.60M	5.32M	261.00K	305.53M	115.96M

Jamf Holding Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.93
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JAMF, the sentiment is Positive. The current price of 12.93 is above the 20-day moving average (MA) of 12.88, above the 50-day MA of 11.61, and above the 200-day MA of 10.88, indicating a bullish trend. The MACD of 0.38 indicates Positive momentum. The RSI at 77.86 is Negative, neither overbought nor oversold. The STOCH value of 93.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JAMF.

Jamf Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JAMF	69 Neutral	$1.72B	―	-5.48%	―	12.28%	42.19%
VTEX	66 Neutral	$754.52M	111.65	6.53%	―	3.62%	-20.45%
MLNK	66 Neutral	―	―	-5.41%	―	5.96%	50.29%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
FSLY	61 Neutral	$1.74B	―	-14.59%	―	9.45%	11.76%
SPT	61 Neutral	$590.32M	―	-26.69%	―	13.09%	32.34%
NXTT	44 Neutral	$48.12M	0.03	93.25%	―	259.01%	-61.05%

Jamf Holding Corporate Events

Jamf Holding Corp Reports Strong Q3 2025 Results

Jamf Holding Corp is a company specializing in managing and securing Apple devices in work environments, offering a comprehensive management and security solution tailored for Apple-first environments. In its latest earnings report for the third quarter of 2025, Jamf reported a significant revenue increase, reaching $183.5 million, marking a 15% growth compared to the previous year. The company’s Annual Recurring Revenue (ARR) also saw a notable rise to $728.6 million, a 16% increase year-over-year, with security ARR contributing significantly due to strategic acquisitions and platform solutions.

Jamf Holding to be Acquired by Francisco Partners

On October 29, 2025, Jamf announced a definitive agreement to be acquired by Francisco Partners for $2.2 billion, with stockholders receiving $13.05 per share in cash. This acquisition, approved by Jamf’s Board of Directors, aims to support Jamf’s growth and leadership in the Apple management space, with the transaction expected to close in the first quarter of 2026. The acquisition will transition Jamf to a private company, enhancing its financial flexibility and strategic alignment to accelerate growth and innovation.

The most recent analyst rating on (JAMF) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Jamf Holding stock, see the JAMF Stock Forecast page.

Jamf’s Earnings Call: Strong Growth and Strategic Moves

Jamf Holding Corp’s recent earnings call revealed a strong financial performance, characterized by significant revenue and ARR growth, successful product developments, and strategic investments in AI and automation. Despite facing challenges with customer retention rates and seasonal revenue timing, the positive aspects of the company’s performance significantly outweigh the negatives, painting an optimistic picture for stakeholders.