Jamf (JAMF): Evaluating Valuation After Major Platform Upgrades and Expanded Tech Partnerships

Jamf Holding (JAMF) just kicked off its 16th annual user conference in Denver, unveiling major upgrades to its Apple device management platform. Highlights include a new API ecosystem, expanded AI capabilities, and broader partner collaborations across the tech landscape.

See our latest analysis for Jamf Holding.

Jamf’s latest round of platform upgrades and high-profile partnerships comes after an extended rough patch for the stock, which is down nearly 28% year-to-date and has posted a one-year total shareholder return of -40%. While recent tech partnerships and product enhancements point to fresh growth ambitions, the share price’s sharp drop over the past year is a reminder that momentum is only beginning to rebuild after a prolonged slump.

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With the share price still well below last year's highs, investors may wonder if Jamf is now undervalued based on its progress, or if the recent news is already fully reflected in the current price. Is there still room for upside, or are markets already pricing in Jamf’s future growth?

Most Popular Narrative: 28.5% Undervalued

Jamf’s most widely followed valuation narrative estimates fair value at $14.20, which is well above the last close of $10.15. With the stock trading at a notable discount, attention is focused on the company's ambitious expansion efforts and robust financial projections.

“The accelerating global adoption of Apple devices in enterprise, education, healthcare, and specialized verticals continues to expand Jamf's total addressable market. Organizations are shifting to hybrid and mobile-first workplace models, supporting sustained multi-year revenue growth. Heightened organizational focus on cybersecurity and regulatory compliance is driving stronger demand for integrated security and identity management solutions, as demonstrated by 40% YoY growth in Security ARR and successful cross-sell momentum from the recent Identity Automation acquisition, positively impacting both revenue and net margin expansion.”

Read the complete narrative.

Want to know what’s powering Jamf’s premium target price? See how forecasts for recurring revenue, margin leap, and cross-platform momentum create the backbone of this bull case. Discover which game-changing numbers are writing the story behind this discounted valuation.

Result: Fair Value of $14.20 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, changes to Apple’s own security tools or increased competition from bundled enterprise solutions could disrupt Jamf’s momentum and put pressure on future growth.

Find out about the key risks to this Jamf Holding narrative.

Build Your Own Jamf Holding Narrative

If these perspectives don't quite match your own investing approach, you can easily dig through the data and craft your own view in just a few minutes. Do it your way

A great starting point for your Jamf Holding research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision.

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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.

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