JFrog (NASDAQ:FROG) Lowered to "Hold" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded JFrog to “Hold” from “Buy,” although broader analyst sentiment remains positive with a “Moderate Buy” consensus and an average price target of $105.81.
• JFrog reported quarterly revenue of $163.77 million, up 28.7% year over year and above estimates, while adjusted EPS of $0.27 exceeded expectations by $0.03. The company issued third-quarter and full-year 2026 EPS guidance.
• JFrog shares opened at $92.13, near their 12-month high of $99.22, while insiders sold approximately $80.2 million of stock over the past 90 days; institutional investors own 85.02% of the company.

JFrog (NASDAQ:FROG - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Sunday.

FROG has been the topic of several other reports. Benchmark lifted their target price on shares of JFrog from $100.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. KeyCorp upped their price target on shares of JFrog from $89.00 to $114.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Guggenheim raised their price target on shares of JFrog from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Canaccord Genuity Group set a $105.00 price target on shares of JFrog in a report on Friday, August 7th. Finally, Truist Financial boosted their price objective on shares of JFrog from $105.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $105.81.

JFrog Stock Up 2.7%

Shares of FROG opened at $92.13 on Friday. The stock has a market cap of $11.36 billion, a PE ratio of -248.99 and a beta of 1.22. JFrog has a 12-month low of $34.05 and a 12-month high of $99.22. The business has a 50-day simple moving average of $86.70 and a two-hundred day simple moving average of $65.49.

JFrog (NASDAQ:FROG - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating 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 firm had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. During the same period last year, the firm posted $0.18 earnings per share. The business's revenue for the quarter 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, equities research analysts expect that JFrog will post -0.11 EPS for the current year.

Insider Activity

In other JFrog news, Director Barry Zwarenstein sold 1,250 shares of the stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $80.10, for a total transaction of $100,125.00. Following the completion of the sale, the director directly owned 31,687 shares in the company, valued at approximately $2,538,128.70. This trade represents a 3.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 15,000 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $91.00, for a total value of $1,365,000.00. Following the sale, the chief executive officer owned 4,562,237 shares of the company's stock, valued at approximately $415,163,567. The trade was a 0.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 924,097 shares of company stock valued at $80,245,512. Company insiders own 11.80% of the company's stock.

Institutional Investors Weigh In On JFrog

Hedge funds have recently added to or reduced their stakes in the business. Millstone Evans Group LLC boosted its holdings in shares of JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company's stock worth $28,000 after buying an additional 427 shares in the last quarter. Western Wealth Management LLC bought a new position in JFrog during the first quarter worth $30,000. Bessemer Group Inc. acquired a new stake in JFrog in the first quarter worth $36,000. Farther Finance Advisors LLC increased its stake in JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company's stock valued at $39,000 after purchasing an additional 478 shares in the last quarter. Finally, Employees Retirement System of Texas bought a new stake in JFrog in the fourth quarter valued at $44,000. 85.02% of the stock is currently owned by institutional investors.

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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