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DENVER - Jamf (NASDAQ:JAMF), a provider of Apple device management and security solutions with a market capitalization of $1.39 billion and impressive 79% gross profit margins, announced several platform updates at its 16th annual Jamf Nation User Conference (JNUC) on Tuesday. According to InvestingPro analysis, the company appears undervalued at its current price of $10.48, with analyst targets ranging from $10 to $23 per share.
The company introduced a new Platform API ecosystem designed to provide developers, IT teams, and security professionals with enhanced capabilities for managing Apple devices. The expanded API framework aims to offer a unified approach to building across the Jamf platform, simplifying automation and custom workflows. This innovation comes as Jamf maintains steady growth, with revenue increasing by 11.36% over the last twelve months to $666.38 million.
Jamf also revealed a forthcoming AI Assistant feature called Security Skill for Jamf Protect. This tool will analyze telemetry, correlate events, and deliver guidance to help security teams triage alerts more effectively by translating complex frameworks like MITRE ATT&CK into actionable insights.
Additionally, the company expanded its Blueprints solution with new workflows leveraging Apple’s Declarative Device Management (DDM). The Automated Software Update Settings declaration enables devices to self-manage operating system updates based on IT-defined policies, reducing the need for manual intervention.
Jamf announced support for Apple’s Platform Single Sign-On enhancements in macOS 26, which streamlines enterprise authentication experiences on Mac devices by synchronizing local passwords with cloud identity provider accounts.
"Our flexible, extensible platform is powered by a rich API ecosystem and intelligent AI tools," said John Strosahl, CEO of Jamf, according to the company’s press release.
Jamf currently serves over 75,000 organizations across 100 countries, managing more than 30 million devices, including approximately 65% of Fortune 500 companies, according to information provided in the announcement. For investors seeking deeper insights into Jamf’s financial health and growth prospects, InvestingPro offers comprehensive analysis through its Pro Research Report, part of its coverage of over 1,400 US stocks, providing detailed metrics and expert analysis for informed investment decisions.
In other recent news, Jamf reported its second-quarter earnings for 2025, with non-GAAP earnings per share reaching $0.18, aligning with consensus expectations. The company’s non-GAAP operating income was $33.5 million, surpassing the consensus estimate of $30.0 million, and reflecting a 19% margin on total revenue. In addition to financial results, Jamf announced a strategic reallocation of investments, including a 6.4% workforce reduction, to concentrate more on the enterprise market and artificial intelligence.
The company also revealed a 50% year-over-year increase in partner-driven deal registrations, with partner-driven annual recurring revenue now accounting for over 60% of its total ARR. Jamf’s inclusion in the Microsoft Security Store Partner Ecosystem marks another recent development, highlighting its strong relationship with Microsoft and expertise in security technologies. Analyst firms have also weighed in, with JMP Securities reiterating a Market Outperform rating and Citizens JMP lowering its price target to $18.00 due to mixed Q2 results. Meanwhile, Needham adjusted its price target to $20.00, citing the company’s strategic shift.
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