
JAMF Stock Forecast & Price Target
JAMF Analyst Ratings
Bulls say
Jamf Holding Corp is positioned for a multi-year reacceleration in revenue growth starting in CY25, bolstered by significant margin expansion and an anticipated increase in annual recurring revenue (ARR) per managed device due to its Business Plan. The company is expected to sustainably grow its market share in the enterprise sector, benefiting from low penetration rates of Apple devices and a rising trend in Bring Your Own Device (BYOD) among enterprises. Additionally, Jamf's strong financial profile, characterized by a 25% free cash flow margin in FY20 and a total revenue growth of 32%, indicates robust fundamentals that can support its growth trajectory amidst industry recovery expectations.
Bears say
Jamf Holding Corp faces a challenging outlook due to declining PC shipment trends and stagnant Mac shipment growth, diverging from prior IDC projections of significant growth. The company's growth trajectory is threatened by persistent macroeconomic headwinds, competitive pressures, and risks associated with its ability to maintain and expand client relationships, particularly for international sales. Furthermore, potential pricing pressures on renewals stemming from increased competition in the market could adversely affect Jamf's revenue and valuation metrics.
This aggregate rating is based on analysts' research of Jamf Holding Corp. and is not a guaranteed prediction by Public.com or investment advice.
JAMF Analyst Forecast & Price Prediction
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