Jamf's (JAMF) Buy Rating Reiterated at Needham & Company LLC

Key Points

• Needham & Company LLC has reiterated a "buy" rating for Jamf (NASDAQ:JAMF) with a target price of $20.00, indicating a potential upside of 90.11% from its current price.
• Other analysts have varied target prices for Jamf, with Bank of America setting a "neutral" rating and a target price of $12.00, while Canaccord Genuity maintains a "buy" rating with a target of $15.00.
• In its recent earnings report, Jamf outperformed estimates with $0.18 EPS on revenue of $176.50 million, marking a 15.4% increase year-over-year.

Jamf (NASDAQ:JAMF - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Needham & Company LLC in a report issued on Thursday,Benzinga reports. They presently have a $20.00 target price on the stock. Needham & Company LLC's price target points to a potential upside of 90.11% from the stock's current price.

A number of other research analysts have also issued reports on JAMF. Bank of America decreased their target price on Jamf from $15.00 to $12.00 and set a "neutral" rating for the company in a report on Wednesday, July 16th. Mizuho set a $12.00 price objective on shares of Jamf in a research report on Friday, August 8th. Wall Street Zen raised Jamf from a "hold" rating to a "buy" rating in a report on Saturday, October 4th. Barclays decreased their price target on Jamf from $15.00 to $10.00 and set an "equal weight" rating on the stock in a research note on Monday, July 21st. Finally, Canaccord Genuity Group reduced their price target on shares of Jamf from $19.00 to $15.00 and set a "buy" rating for the company in a research report on Friday, August 8th.

Jamf Stock Performance

JAMF opened at $10.52 on Thursday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.97. The firm's 50-day moving average price is $9.46 and its 200 day moving average price is $10.04. The firm has a market capitalization of $1.39 billion, a PE ratio of -26.91, a PEG ratio of 2.23 and a beta of 0.43. Jamf has a twelve month low of $7.09 and a twelve month high of $18.00.

Jamf (NASDAQ:JAMF - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. Jamf had a positive return on equity of 3.02% and a negative net margin of 7.36%.The company had revenue of $176.50 million during the quarter, compared to analysts' expectations of $168.58 million. During the same period in the prior year, the business earned $0.14 EPS. The firm's quarterly revenue was up 15.4% on a year-over-year basis. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts expect that Jamf will post 0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Jamf

A number of institutional investors have recently modified their holdings of JAMF. Farther Finance Advisors LLC bought a new position in Jamf in the 1st quarter worth $41,000. GAMMA Investing LLC boosted its stake in Jamf by 32,950.0% during the first quarter. GAMMA Investing LLC now owns 3,305 shares of the company's stock worth $40,000 after buying an additional 3,295 shares in the last quarter. Quarry LP lifted its stake in Jamf by 148.7% during the first quarter. Quarry LP now owns 6,505 shares of the company's stock worth $79,000 after purchasing an additional 3,889 shares during the period. Tower Research Capital LLC TRC grew its position in Jamf by 210.9% in the second quarter. Tower Research Capital LLC TRC now owns 7,829 shares of the company's stock valued at $74,000 after acquiring an additional 5,311 shares during the period. Finally, Prudential Financial Inc. bought a new stake in shares of Jamf in the 2nd quarter worth about $97,000. Institutional investors own 93.81% of the company's stock.

Jamf Company Profile

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform in the Americas, Europe, the Middle East, India, and Africa. Its products include Jamf Pro, an Apple ecosystem management software solution for IT environments; Jamf Now, a pay-as-you-go Apple device management software solution for small-to-medium-sized businesses; Jamf School, an apple mobile device management for schools; and Jamf Connect, a ZTNA solution that replaces legacy conditional access and VPN technology.

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