Latest news with #JamfHoldingCorp
Yahoo
07-06-2025
- Business
- Yahoo
Jamf Holding Corp. (JAMF) Highlights AI Tools at Nation Live
Jamf Holding Corp. (NASDAQ:JAMF), with a market capitalization of $1.407 billion and a solid gross margin of 79.7%, recently unveiled updates in its platform at Jamf Nation Live. This leading Apple device management company has delivered a healthy 10.75% revenue growth in a year. With an emphasis on artificial intelligence (AI), automation, protection of Apple devices, and improved deployment security, the company is advancing to a brighter future. The AI Assistant offered by Jamf Holding Corp. (NASDAQ:JAMF) now provides two new features: search skill and explain skill. While both are available in beta, the search skill enables IT administrators to quickly locate devices through simple natural language, with no technical expertise required. On the other hand, the explain skill easily breaks down complex mobile device management configurations into easy-to-understand terminologies, favoring policy management and troubleshooting. A modern software engineering team, huddled around their desks, discussing a software solution. Analysts see significant upside potential in Jamf Holding Corp. (NASDAQ:JAMF), with a one-year price target of $17.91 from Yahoo Finance analysts, reflecting a nearly 68% increase. Thus, this development is anything but ordinary, and when a brand is associated with 'AI', achieving even the impossible seems within reach. Jamf Holding Corp. (NASDAQ:JAMF) is a Minnesota-based management and security provider for Apple's products, leveraging its software-as-a-service (SaaS) offering. Founded in 2002, the company provides tools for IT experts who manage Apple devices, particularly security features, compliance, and user identity management. While we acknowledge the potential of JAMF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Jamf Holding Corp. (JAMF) Highlights AI Tools at Nation Live
Jamf Holding Corp. (NASDAQ:JAMF), with a market capitalization of $1.407 billion and a solid gross margin of 79.7%, recently unveiled updates in its platform at Jamf Nation Live. This leading Apple device management company has delivered a healthy 10.75% revenue growth in a year. With an emphasis on artificial intelligence (AI), automation, protection of Apple devices, and improved deployment security, the company is advancing to a brighter future. The AI Assistant offered by Jamf Holding Corp. (NASDAQ:JAMF) now provides two new features: search skill and explain skill. While both are available in beta, the search skill enables IT administrators to quickly locate devices through simple natural language, with no technical expertise required. On the other hand, the explain skill easily breaks down complex mobile device management configurations into easy-to-understand terminologies, favoring policy management and troubleshooting. A modern software engineering team, huddled around their desks, discussing a software solution. Analysts see significant upside potential in Jamf Holding Corp. (NASDAQ:JAMF), with a one-year price target of $17.91 from Yahoo Finance analysts, reflecting a nearly 68% increase. Thus, this development is anything but ordinary, and when a brand is associated with 'AI', achieving even the impossible seems within reach. Jamf Holding Corp. (NASDAQ:JAMF) is a Minnesota-based management and security provider for Apple's products, leveraging its software-as-a-service (SaaS) offering. Founded in 2002, the company provides tools for IT experts who manage Apple devices, particularly security features, compliance, and user identity management. While we acknowledge the potential of JAMF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-04-2025
- Business
- Yahoo
Is Jamf Holding Corp. (JAMF) The Best Beaten Down Stock to Buy According to Analysts?
We recently published a list of 10 Best Beaten Down Stocks to Buy According to Analysts. In this article, we are going to take a look at where Jamf Holding Corp. (NASDAQ:JAMF) stands against other best beaten down stocks to buy according to analysts. JPMorgan released a market update where it highlighted the US Fed's recent decision to keep the rates unchanged. Also, the US Fed decreased the growth forecasts and increased the near-term inflation expectations. The futures markets are pricing 2 interest rate cuts this year and a ~50% chance of the third cut. Jose Torres, Senior Economist at Interactive Brokers, believes that stocks are being impacted as slowdown worries continue to pressure the outlook for broader corporate earnings growth. According to him, investors continue to pile up shares in the defensive consumer staple, utilities, and healthcare segments and the real estate and energy areas. Reuters reported that analysts have been turning more cautious about the US corporate earnings for Q1 2025, as Trump's policies continue to threaten to trigger a global trade war that can impact the broader economic growth. Reuters, while quoting Tajinder Dhillon (senior research analyst at LSEG), noted that S&P 500 forecasts for Q1 2025 have declined by 4.5 percentage points since January 1. Notably, this has been the largest downward revision since Q4 2023. The earnings growth for the S&P 500 companies is expected at 7.7% YoY, marking the lowest since Q3 2023 as well as a significant decline from 17.1% in Q4 2024. The worries related to the import tariffs and retaliation by US trade partners, together with the government cutbacks, can push the broader economy into recession have witnessed an increase over the past few weeks, reported Reuters. READ ALSO: and . CNBC, while quoting Scott Wren (senior global market strategist at the Wells Fargo Investment Institute), stated that numerous uncertainties can negatively impact the broader stock market, such as tariffs as well as a potential rebound in inflation. Furthermore, an increase in bond yields can also pose a headwind, as per Wren. Notably, increased yields can impact the demand for US stocks. That being said, a favorable backdrop of healthy economic growth and consumer spending, together with relatively low unemployment, can help the S&P 500 to deliver ~12% in 2025. As per Wren, this would be marginally higher than the long-term historical average. The strategist thinks that the investors are required to be optimistic. Amidst these trends, let us now have a look at the 10 Best Beaten Down Stocks to Buy According to Analysts. To list the 10 Best Beaten Down Stocks to Buy According to Analysts, we used a screener and shortlisted the stocks that are trading close to their respective 52-week lows and that analysts see significant upside to. Next, the stocks were arranged in ascending order of their average upside potential, as of March 21. We also mentioned the hedge fund sentiment around each stock, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A modern software engineering team, huddled around their desks, discussing a software solution. Jamf Holding Corp. (NASDAQ:JAMF) offers management and security solutions for Apple platforms. Koji Ikeda from Bank of America Securities reiterated a 'Hold' rating on the company's stock with a price objective of $18.00. The analyst's rating is backed by a combination of factors impacting its financial outlook. Despite the challenges, the company continues to aim for a rule-of-40 profile by 2026 end, which happens to be a positive long-term target. William Blair analyst Jake Roberge reiterated the bullish stance on Jamf Holding Corp. (NASDAQ:JAMF)'s stock, providing a 'Buy' rating. The rating is backed by a combination of factors, despite the company's mixed fourth-quarter results. The analyst noted positive developments in Jamf Holding Corp. (NASDAQ:JAMF)'s market positioning, mainly in the broader mobile device sector, where the company witnessed strong adoption throughout industries including travel, manufacturing, and education. Amidst the challenging macro environment, the recovery signs in the tech and education sectors offer additional optimism for the company's growth potential. Jamf Holding Corp. (NASDAQ:JAMF)'s emphasis on commercial security solutions offers a strong opportunity for cross-sell revenue growth. With cybersecurity concerns escalating throughout the industries, the company's existing customer base offers a healthy market for additional security offerings. Overall, JAMF ranks 7th on our list of best beaten down stocks to buy according to analysts. While we acknowledge the potential of JAMF as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than JAMF but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
17-03-2025
- Business
- Yahoo
Is Jamf Holding Corp. (JAMF) the Best Small Cap Tech Stock to Buy Now?
We recently published a list of . In this article, we are going to take a look at where Jamf Holding Corp. (NASDAQ:JAMF) stands against other best small cap tech stocks to buy now. The S&P Small Cap 600, whose components have an average market capitalization of $3 billion, is down 11% from its record closing high set late last year. A number of connected issues have pushed the market lower, including President Trump's tariffs, which would raise the cost of importing hundreds of billions of dollars in products, reducing profit margins at firms that can't raise prices enough to offset the costs. Higher prices will boost inflation, suggesting that the Federal Reserve may raise interest rates rather than cut borrowing costs, putting more strain on the economy. These trends disproportionately affect small cap stocks since they usually can't come up with as many cost-cutting options as their larger competitors, which means declining sales significantly impact profit margins. On the other hand, some analysts believe small companies may profit from Trump's plans, notably decreased restrictions, and support for local sectors because small enterprises are more US-focused than global corporations. Looking ahead, RBC Capital believes that the current year may be a watershed moment for small caps. The Federal Reserve's effort to cut interest rates may encourage companies to take greater risks, thus increasing M&A and IPO activity. As conditions improve, small caps may begin to close the gap between their large cap competition. The rapid expansion of artificial intelligence (AI) continues to transform sectors throughout the world, and experts are keenly watching its effects on the broader US stock market. Morningstar, reviewing the US market in 2024, stated the following on January 3: 'Out of the 24.09 percentage points gained by the US Market Index in 2024, 13.2 came from just eight stocks, which are mainly seen as benefiting from artificial intelligence technologies: Nvidia, Apple, Meta Platforms, Tesla, Broadcom, Microsoft, and Alphabet. In other words, 55 percent of total market gains in 2024 can be attributed to these companies. These same companies contributed 53 percent of total market gains in 2023.' UBS further stated that AI has and will continue to fuel the expansion of the larger technology sector. According to the bank, following the implementation of ChatGPT in November 2022, the total market valuation of companies listed on the NASDAQ exchange climbed to around $13.5 trillion. On the other side, some are questioning the current condition of the AI business. Sky-high valuations were one of the primary reasons why AI stocks were struck so hard by the tariff sell-off. That said, the AI trade had already lost pace before Trump's tariffs rattled the global stock market. Concerns over overspending on AI infrastructure and competition from Chinese rivals caused the AI rally to stop in late January and early February. UBS analysts, however, are optimistic that the current sell-off will be comparable to the one that occurred in 2018. The analysts said that today's tech dip is similar to the one that occurred during Trump's first term when geopolitics and 'fundamentals-related noise' momentarily muddled investors' assessment of an otherwise decent future. For our list of the best small cap tech stocks to buy, we used finviz and looked at firms in the technology sector with market capitalizations ranging from $200 million to $2 billion. Using Insider Monkey's hedge fund data for Q4 2024, we ranked these companies in increasing order of the number of hedge funds that own a position in them. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A modern software engineering team, huddled around their desks, discussing a software solution. Number of Hedge Fund Holders: 25 Market Capitalization: $1.70 billion Jamf Holding Corp. (NASDAQ:JAMF) offers software-as-a-service solutions via a subscription model, leveraging direct sales, internet channels, and collaborations with companies such as Apple. The company offers a complete management and security solution tailored for Apple-first settings. Jamf's software solutions continue to see high demand, with 76,000 customers and 33.9 million linked devices. On March 4, Mizuho reaffirmed its Outperform rating on Jamf Holding Corp. (NASDAQ:JAMF) shares, with a price target of $18. This followed Jamf's announcement of the acquisition of Identity Automation for around $215 million. The move is viewed as both complementary and strategic, expanding Jamf's cybersecurity solutions, with Jamf's management anticipating the purchase to immediately boost the company's sales and non-GAAP operating profits. Meanwhile, Jamf's latest financial results were mixed. The company announced a non-GAAP EPS of $0.17, above the consensus forecast, and total revenue of around $163.0 million, representing an 8% year-over-year increase. However, the yearly recurring revenue growth rate of 10% fell short of the expected 11%. Overall, JAMF ranks 9th on our list of best small cap tech stocks to buy now. While we acknowledge the potential of JAMF as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JAMF but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
28-02-2025
- Business
- Yahoo
Jamf Holding Corp (JAMF) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Q4 Revenue Growth: 8% year-over-year. Full Year Revenue Growth: 12% year-over-year. Non-GAAP Operating Income Margin (Q4): 18%. Non-GAAP Operating Income Margin (Full Year): 16%. Annual Recurring Revenue (ARR): $646 million, 10% year-over-year growth. Security ARR Growth: 17% year-over-year to $156 million. Net Retention Rate: 104% in Q4. Unlevered Free Cash Flow Margin: 12%, up from 10% in the prior year. Device Support: Approximately 33.2 million devices. Customer Count: 76,500 customers. 2025 Revenue Outlook (Q1): $165.5 to $167.5 million, 9-10% growth. 2025 Revenue Outlook (Full Year): $675.5 to $680.5 million, 8.1% growth at midpoint. 2025 Non-GAAP Operating Income Margin Outlook: 21% at midpoint. Unlevered Free Cash Flow Growth Outlook: At least 75% for 2025. Warning! GuruFocus has detected 4 Warning Signs with JAMF. Release Date: February 27, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Jamf Holding Corp (NASDAQ:JAMF) achieved strong Q4 results with an 8% year-over-year revenue growth and a non-GAAP operating income margin of 18%, exceeding their outlook. The company reported a full-year revenue growth of 12% and a non-GAAP operating income margin of 16%, meeting their financial targets for all four quarters of 2024. Annual Recurring Revenue (ARR) grew 10% year-over-year to $646 million, with security ARR growing 17% to $156 million. International revenue grew 17% in 2024, now representing over a third of total revenue, with expectations for continued growth as they invest in strategic geographies. Jamf Holding Corp (NASDAQ:JAMF) launched a new partner program and system updates, showing significant uptick in partner-led deal registrations, indicating strong channel growth potential. Net retention rate decreased slightly to 104% in Q4, indicating some challenges in maintaining customer retention. Less strategic sources of revenue, such as services and licenses, continue to experience year-over-year declines. Trailing 12-month unlevered free cash flow margin was lower than expected at 12% due to delayed billings and collections. The company faced minor data reconfiguration issues that impacted ARR, customer count, and device count metrics. There is ongoing uncertainty in the selling environment due to layoffs and budget constraints, impacting future revenue growth projections. Q: Can you discuss the recent trends in the tech and education sectors and what you expect from these industries in 2025? A: John Strosahl, CEO: Q4 was strong, with notable bookings growth. In tech, we've seen growth, especially in Mac and mobile security. Education remains significant, with opportunities like the Giga project in Japan and the Ministry of Education in Singapore selecting us. We're optimistic about both sectors as buyer confidence returns. Q: Security growth ticked below 20%. How much was impacted by the data reclassification, and how is demand trending for this suite? A: David Rudow, CFO: The adjustment impacted security growth by about 2%, so it would have been 19% instead of 17%. John Strosahl, CEO: There's strong interest in our Apple-specific security solutions, with significant uptake in both commercial and educational sectors. Q: Your guidance implies reaching a rule of 30 for 2025. How do you plan to achieve a rule of 40 by 2026? A: David Rudow, CFO: Our goal is to exit 2026 at a rule of 40 run rate, driven by revenue growth and continued margin expansion. We've improved margins significantly over the past two years and plan to continue this trend. Q: Can you elaborate on the competitive dynamics, particularly regarding VMware Broadcom? A: John Strosahl, CEO: Competitive dynamics have been consistent. We continue to win customers due to our ability to innovate at Apple's pace, which is a concern for some competitors. We're seeing a steady replacement market as multi-year contracts come up for renewal. Q: With recent success in education, how does the partner channel play a role internationally, and what's the future roadmap for added security capabilities? A: John Strosahl, CEO: Our channel partners are crucial, especially outside the US. Security is increasingly a requirement, and our integrated management and security solutions set us apart. This is important for channel partners who supply both solutions. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
