Jamf Holding Corp. Maintains Buy Rating with Reduced Price Target

Jamf Holding's "Buy" rating from Needham analyst Joshua Reilly comes with a revised 12-month price target of $20.00, down 20% from $25.00. The "Buy" rating suggests continued investment potential, while the revised target suggests room for growth. Analysts' average 12-month target price for Jamf Holding is $17.20, implying a 105.74% upside from the current price of $8.36. The estimated GF Value for Jamf Holding is $23.36, indicating a 179.43% upside from the current price.

Jamf Holding Corp. (NASDAQ: JAMF) has seen a significant adjustment in its stock price targets from analysts at Needham & Company LLC. The firm lowered its 12-month price target from $25.00 to $20.00, while maintaining a "Buy" rating on the stock. This revision comes amidst Jamf's strategic reallocation of investments, including a 6.4% reduction in workforce to focus more heavily on the enterprise market and artificial intelligence (AI) investments [1].

The company's gross profit margin stands at 79.69%, and revenue growth is at 10.75%, indicating strong fundamentals to support this strategic pivot. Needham believes that Jamf's enterprise market focus will allow the company to capture a greater share of the most profitable segment of device management. Additionally, the firm notes that increased AI investments should support productivity gains across the enterprise [1].

Jamf's recent earnings report indicated a positive return on equity of 2.20% and a negative net margin of 7.37%. The company's revenue for the quarter was up 10.2% on a year-over-year basis, and it is expected to post $0.05 EPS for the current fiscal year [2]. Despite the reduction in workforce, Jamf's strategic reinvestment plan aims to enhance its go-to-market strategy and boost AI investments. The company has also unveiled new AI and security enhancements, including updates to its AI Assistant and the introduction of Compliance Benchmarks in Jamf Pro, aimed at improving device management and security [1].

Other analysts have also adjusted their price targets for Jamf. JPMorgan Chase & Co. reduced their target price from $18.00 to $15.00 and set an "overweight" rating, while JMP Securities maintained a "market outperform" rating with a $27.00 target. Mizuho dropped their price target from $15.00 to $13.00 and set an "outperform" rating, and Morgan Stanley reduced their target from $16.00 to $14.00 with an "equal weight" rating [2].

The consensus rating for Jamf is currently "Moderate Buy" with a consensus price target of $18.18. The estimated GF Value for Jamf Holding is $23.36, indicating a significant upside potential from the current price of $8.36 [2].

In summary, while analysts have adjusted their price targets for Jamf, the "Buy" rating suggests continued investment potential. The company's strategic shift towards the enterprise market and AI investments, along with its strong fundamentals, positions Jamf for potential growth in the coming months.

References:
[1] https://www.investing.com/news/analyst-ratings/needham-lowers-jamf-stock-price-target-to-20-on-strategic-shift-93CH-4139555
[2] https://www.marketbeat.com/instant-alerts/jamf-nasdaqjamf-price-target-cut-to-2000-by-analysts-at-needham-company-llc-2025-07-17/