Jamf Holding to Go Private Following Shareholder Approval

Jamf Holding US47074L1052

Shareholders of Jamf Holding have voted in favor of taking the company private. The Apple device management and security specialist will be acquired by private equity firm Francisco Partners in a deal valued at $13.05 per share. Completion is anticipated during the first quarter of 2026, marking Jamf's departure from public markets and their associated expectations.

The immediate effects of this pending transaction are already materializing. Due to the inherent uncertainty surrounding the acquisition, Jamf has withdrawn its financial guidance for the full year 2026. Consequently, investors will no longer have an official revenue target from the company for the coming months.

The company's most recent quarterly report, issued before the takeover agreement, presented a nuanced financial picture. For Q3 2025, Jamf posted a robust revenue increase of 15.2%, reaching $183.5 million and surpassing analyst estimates. Earnings per share also exceeded expectations, coming in at $0.25.

Despite these strong top-line figures, the quarter concluded with a net loss of $4.5 million. This indicates that the company's growth has not yet fully translated to the bottom line. However, an adjusted operating income of $47.2 million demonstrates that the core business operations remain profitable.

Market Sentiment and Price Action

Wall Street analysts are adopting a cautious stance in light of the impending privatization. The current consensus rating among nine covering analysts is "Hold." Price targets show variation, with the median target from sixteen analysts standing at $13.00—slightly below the formal acquisition price. This range reflects differing assessments of Jamf's long-term trajectory under its new private ownership.

Trading near the offer price, the stock currently fluctuates around $13.01 to $13.04. While some technical indicators point to positive short-term sentiment, a Relative Strength Index (RSI) reading of 63.59 suggests the recent upward price movement has been significant.

Until the transaction finalizes in Q1 2026, the share price is expected to remain closely tethered to the agreed-upon acquisition value of $13.05.