Jamf Holding Corp.

Jamf Holding Corp.

JAMF·NASDAQ

$13.05

+0.0000%
TechnologySoftware - Application

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. 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, a software solution for educators; Jamf Data Policy, a solution to enforce acceptable usage policies to eliminate shadow IT and block risky content and manage data consumption with real-time analytics and granular reporting; and Jamf Connect that streamlines Mac authentication and identity management; and Jamf Private Access, a ZTNA solution that replaces legacy conditional access and VPN technology. The company also offers Jamf Protect, which provides protection of Mac-targeted malware and creates customized telemetry and detections that give enterprise security teams visibility into their Macs; Jamf Threat Defense, a solution to protect workers from malicious attackers; and Jamf Nation, an online community of IT and security professionals focusing on Apple in the enterprise. It sells its SaaS solutions through a subscription model, direct sales force, and online, as well as indirectly through channel partners, including Apple. The company was founded in 2002 and is headquartered in Minneapolis, Minnesota.

At a Glance

Live Snapshot
Market Cap$1.75B
EPS-0.5300
P/E Ratio-26.28
Earnings Date02/26/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -26.3).

Valuation inputs: P/E -26.3, earnings yield N/A, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -9.6%, ROIC -6.0%).

Profitability stack: net margin -10.9%, ROE -9.6%, ROIC -6.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +54.7%, momentum 0.0%, net margin -10.9%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

jamf

Jamf Holding Corp. Market vs Earnings Trajectory

JAMF · NASDAQ

Loading price and EPS data...

Jamf Holding Corp.

Jamf Holding Corp. Fair Value Envelope

JAMF · NASDAQ

Our analysis suggests that JAMF has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $13.05, this represents a potential HIDDEN relative to our calculated worth for Jamf Holding Corp..

Intrinsic Value
Current Price: $13.05
3Y-17.0%
5Y+89.0%
10Y+61.0%
3Y+71.0%
5Y+208.0%
10Y+328.0%
3Y-9.0%
5Y+110.0%
10Y+89.0%
3Y-52.0%
5Y+179.0%
10Y+233.0%
3Y-60.0%
5Y+456.0%
10Y+244.0%
3Y+7.0%
5Y+75.0%
10Y+85.0%
Jamf Holding Corp.

Jamf Holding Corp. Profit Bridge

JAMF · NASDAQ
Revenue627.40M
Cost of Goods Sold (141.33M)
Gross Profit486.07M
Operating Expenses (555.17M)
Operating Income-69.10M
Interest Expense (0.00)
Other Income/Expense4.34M
Pretax Income-64.76M
Income Tax (3.70M)
Net Income-68.45M
Net Income
-68.45M

Profitability Analysis

Gross Margin

77.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-11.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-10.9%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

77.47%
Gross Profit Margin
-3%
3Y+3.0%
5Y+7.0%
10Y+17.0%
-11.01%
Operating Profit Margin
-46%
3Y-47.0%
5Y+12.0%
10Y-46.0%
-10.91%
Net Profit Margin
-44%
3Y-47.0%
5Y-32.0%
10Y-56.0%
-9.56%
Return on Equity
-38%
3Y-6.0%
5Y+48.0%
10Y+41.0%
-4.33%
Return on Assets
-37%
3Y-15.0%
5Y+20.0%
10Y+2.0%
-5.96%
Return on Invested Capital
-39%
3Y-
5Y+194.0%
10Y+98.0%
JAMF

Jamf Holding Corp. Cash Conversion Engine

JAMF · NASDAQ
Net Income-68.45M
Depreciation & Amortization46.95M
Stock-Based Compensation97.39M
Change in Working Capital-84.38M
Others40.19M
Capital Expenditures-9.01M
Free Cash Flow22.18M

Cash Flow Quality Analysis

FCF Conversion Rate

-32.4%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

28.9%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-32.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$84.38M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

jamf

Jamf Holding Corp. Funding & Solvency Profile

JAMF · NASDAQ
Cash & Cash Equivalents547.19M
Net Receivables154.68M
Inventory0.00
Other Current Assets50.65M
Total Current Assets777 M
Property, Plant & Equipment17.93M
Goodwill & Intangible Assets1.24B
Long-Term Investments0.00
Other Non-Current Assets100.22M
Total Non-Current Assets118 M
Total Assets
2.14B

Financial Health Analysis

Current Ratio

0.87x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.72x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-116597000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

36% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

jamf

Jamf Holding Corp. Street Expectations Map

JAMF · NASDAQ

Wall Street analysts project that JAMF stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 13.02, with estimates ranging from a low of 13.00 to a high of 13.05.

Lowest Target
13.00
-0.38%
Consensus Target
13.02
-0.23%
Highest Target
13.05
0.00%

The consensus 1-year price target stands at 13.02, with estimates ranging from a low of 13.00 to a high of 13.05.

Analyst Consensus Analysis

Upside Potential

-0.2%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

0.4% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

0.00x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Efficient pricing: Stock trading at fair value with strong consensus suggests market has priced in expectations. Look for fundamental inflection points or new catalysts to drive meaningful moves.

jamf

Jamf Holding Corp. Insider Positioning

JAMF · NASDAQ

During the last 12 months, insiders have sold $1.97M worth of JAMF shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

38.5K

500.65K

Net Activity

-501K

-$501K

6-9 Months

Bought

0

0.00

Sold

75.7K

833.92K

Net Activity

-834K

-$834K

9-12 Months

Bought

0

0.00

Sold

61.5K

632.63K

Net Activity

-633K

-$633K

Top Buyers

No buying activity

Top Sellers

1
WJ

Wudi Jason

Officer: Chief Innovation Officer

51.3K shares2 transactions

$638K

2
SJ

Strosahl John

Director, Officer: Ceo

59.8K shares2 transactions

$604K

3
RD

Rudow David

Officer: Cfo

28.9K shares1 transactions

$371K

4
BM

Bucaria Michelle

Officer: Cpo

21.1K shares2 transactions

$199K

5
BE

Benz Elizabeth

Officer: Cso

11.5K shares1 transactions

$123K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.97M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.00%
Dividend Yield
3Y-
5Y-
10Y-
 

jamf Dividend History

JAMF
10Y CAGR +4%
Latest $0.188
Annual $0.9828
5 year growth trend
Last Period: +121%