JFrog Ltd. (NASDAQ:FROG) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Analysts remain broadly positive on JFrog: Twenty-one of 23 brokerages rate the stock a “buy,” producing a consensus “Moderate Buy” rating and an average 12-month price target of $105.81.
• JFrog reported quarterly EPS of $0.27 versus the $0.24 consensus and revenue of $163.77 million, up 28.7% year over year and ahead of expectations. Shares opened at $96.17, near the company’s 12-month high of $99.22.
• Insiders sold approximately $65.4 million of shares over the past 90 days, while institutional investors and hedge funds continue to hold a substantial 85.02% of the company.

Shares of JFrog Ltd. (NASDAQ:FROG - Get Free Report) have earned an average recommendation of "Moderate Buy" from the twenty-three brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and twenty-one have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $105.8095.

FROG has been the topic of several analyst reports. Bank of America raised their target price on JFrog from $85.00 to $100.00 and gave the company a "buy" rating in a report on Monday, June 8th. Morgan Stanley set a $100.00 price target on JFrog in a report on Friday, August 7th. Piper Sandler boosted their target price on shares of JFrog from $65.00 to $90.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. JPMorgan Chase & Co. upped their target price on shares of JFrog from $100.00 to $115.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. Finally, Citigroup reaffirmed a "buy" rating on shares of JFrog in a report on Monday, June 8th.

JFrog Trading Up 1.1%

Shares of NASDAQ FROG opened at $96.17 on Friday. The stock has a fifty day moving average price of $85.58 and a 200 day moving average price of $64.30. JFrog has a 12-month low of $34.05 and a 12-month high of $99.22. The company has a market cap of $11.86 billion, a P/E ratio of -259.91 and a beta of 1.22.

JFrog (NASDAQ:FROG - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The company had revenue of $163.77 million for the quarter, compared to analysts' expectations of $155.63 million. During the same quarter in the previous year, the firm posted $0.18 earnings per share. The firm's quarterly revenue was up 28.7% on a year-over-year basis. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, sell-side analysts forecast that JFrog will post -0.15 EPS for the current fiscal year.

Insider Activity

In other JFrog news, CTO Yoav Landman sold 150,000 shares of the company's stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $89.99, for a total value of $13,498,500.00. Following the completion of the transaction, the chief technology officer directly owned 5,539,038 shares of the company's stock, valued at $498,458,029.62. This represents a 2.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 22,854 shares of the firm's stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $86.54, for a total value of $1,977,785.16. Following the sale, the executive owned 728,644 shares of the company's stock, valued at $63,056,851.76. This represents a 3.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 761,149 shares of company stock worth $65,402,177. 11.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On JFrog

A number of hedge funds have recently bought and sold shares of FROG. Ninepoint Partners LP acquired a new position in shares of JFrog in the 2nd quarter valued at approximately $2,262,000. Handelsbanken Fonder AB grew its position in shares of JFrog by 12.8% during the second quarter. Handelsbanken Fonder AB now owns 32,700 shares of the company's stock worth $2,972,000 after buying an additional 3,700 shares in the last quarter. Fulton Bank N.A. acquired a new stake in shares of JFrog during the second quarter worth approximately $440,000. Avior Wealth Management LLC acquired a new stake in shares of JFrog during the second quarter worth approximately $289,000. Finally, Moody National Bank Trust Division bought a new stake in shares of JFrog in the second quarter worth $822,000. Institutional investors and hedge funds own 85.02% of the company's stock.

JFrog Company Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company's platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog's flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.

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