Analysts Set JFrog Ltd. (NASDAQ:FROG) Target Price at $46.87

Key Points

• JFrog Ltd. has received a consensus recommendation of "Moderate Buy" from sixteen brokerages, with an average 12-month price target of $46.87.
• The company surpassed earnings expectations with $0.18 EPS for the last quarter, exceeding the consensus estimate of $0.16.
• Insider transactions included significant sales, with CTO Yoav Landman selling over 102,000 shares for approximately $5.09 million, reflecting a 1.66% decrease in his position.

Shares of JFrog Ltd. (NASDAQ:FROG - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the sixteen ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $46.8667.

Several equities analysts recently commented on the stock. Raymond James Financial increased their target price on shares of JFrog from $50.00 to $55.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Wall Street Zen raised shares of JFrog from a "hold" rating to a "buy" rating in a research note on Sunday, June 29th. Barclays raised their price objective on shares of JFrog from $45.00 to $52.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Cantor Fitzgerald raised their price objective on shares of JFrog from $46.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Finally, DA Davidson lifted their price target on shares of JFrog from $40.00 to $45.00 and gave the company a "buy" rating in a report on Friday, May 9th.

Insider Buying and Selling at JFrog

In related news, Director Frederic Simon sold 50,000 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $47.11, for a total value of $2,355,500.00. Following the sale, the director owned 4,154,903 shares in the company, valued at approximately $195,737,480.33. The trade was a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Yvonne Wassenaar sold 1,368 shares of the business's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $49.00, for a total transaction of $67,032.00. Following the completion of the sale, the director owned 32,051 shares in the company, valued at $1,570,499. This represents a 4.09% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 536,662 shares of company stock worth $24,280,339. Company insiders own 14.10% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FROG. Signaturefd LLC increased its position in JFrog by 90.9% during the first quarter. Signaturefd LLC now owns 1,254 shares of the company's stock valued at $40,000 after acquiring an additional 597 shares during the last quarter. PNC Financial Services Group Inc. increased its position in JFrog by 32.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company's stock valued at $43,000 after acquiring an additional 329 shares during the last quarter. Bayforest Capital Ltd bought a new position in JFrog during the first quarter valued at $104,000. Smartleaf Asset Management LLC increased its position in JFrog by 26.3% during the first quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company's stock valued at $123,000 after acquiring an additional 800 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd bought a new position in JFrog during the first quarter valued at $128,000. Institutional investors own 85.02% of the company's stock.

JFrog Trading Down 2.6%

Shares of NASDAQ:FROG traded down $1.25 during trading on Friday, reaching $46.63. The company had a trading volume of 585,752 shares, compared to its average volume of 1,130,054. The company has a fifty day moving average of $43.39 and a two-hundred day moving average of $39.06. The stock has a market capitalization of $5.44 billion, a P/E ratio of -60.72 and a beta of 1.07. JFrog has a 12 month low of $26.11 and a 12 month high of $50.57.

JFrog (NASDAQ:FROG - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.02. The firm had revenue of $127.20 million for the quarter, compared to analyst estimates of $122.80 million. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The business's revenue for the quarter was up 23.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 EPS. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, equities research analysts predict that JFrog will post -0.33 earnings per share for the current year.

About JFrog

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.