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Jamf Holding Corp. (JAMF) PT Lowered to $18 at JPMorgan

March 4, 2025 6:08 AM EST

JPMorgan analyst Samik lowered the price target on Jamf Holding Corp. (NASDAQ: JAMF) to $18.00 (from $20.00) while maintaining a Overweight rating.

The analyst comments "Jamf is outlining more caution relative to its outlook than we and investors had presumed heading into 2025 despite the macro backdrop appearing more stable on the surface, albeit still lacklustre when it comes to Enterprise spending; Jamf is guiding 2025 to mark another successive year of deceleration in top-line growth, which is implying 400 bps of deceleration in 2025E following 500 bps of deceleration in 2024. That said, the... More