JFrog (NASDAQ:FROG) Stock Price Expected to Rise, Truist Financial Analyst Says

Key Points

• Truist Financial raised JFrog’s price target to $110 from $105 and maintained a “buy” rating, implying approximately 20% upside. Analysts overall assign the stock a “Moderate Buy” consensus rating with an average target of $95.95.
• JFrog’s latest results exceeded expectations: quarterly EPS reached $0.27 versus $0.24 expected, while revenue rose 28.7% year over year to $163.8 million. Strong cloud growth and customer expansion helped drive the performance.
• Management raised its fiscal 2026 revenue guidance to $648 million–$652 million and adjusted EPS outlook to $0.96–$1.00, though continued insider selling—including transactions by the CEO and CRO—remains a potential risk signal.

JFrog (NASDAQ:FROG - Get Free Report) had its target price upped by analysts at Truist Financial from $105.00 to $110.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a "buy" rating on the stock. Truist Financial's target price indicates a potential upside of 20.22% from the company's current price.

A number of other analysts have also recently weighed in on FROG. Bank of America increased their price target on JFrog from $85.00 to $100.00 and gave the stock a "buy" rating in a research report on Monday, June 8th. Canaccord Genuity Group boosted their price objective on JFrog from $78.00 to $95.00 and gave the company a "buy" rating in a research report on Tuesday. Guggenheim restated a "buy" rating on shares of JFrog in a research note on Friday. Raymond James Financial reaffirmed an "outperform" rating on shares of JFrog in a research report on Wednesday, July 22nd. Finally, Cantor Fitzgerald raised their target price on JFrog from $80.00 to $100.00 and gave the company an "overweight" rating in a research note on Monday. Twenty-one equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, JFrog presently has an average rating of "Moderate Buy" and an average price target of $95.95.

JFrog Stock Up 10.2%

Shares of NASDAQ:FROG opened at $91.50 on Friday. JFrog has a fifty-two week low of $34.05 and a fifty-two week high of $99.22. The firm has a 50-day simple moving average of $84.96 and a 200 day simple moving average of $62.93. The company has a market cap of $11.08 billion, a PE ratio of -173.25 and a beta of 1.22.

JFrog (NASDAQ:FROG - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm had revenue of $163.77 million for the quarter, compared to analysts' expectations of $155.63 million. During the same quarter last year, the company posted $0.18 earnings per share. JFrog's 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. As a group, research analysts forecast that JFrog will post -0.15 EPS for the current fiscal year.

Insider Activity at JFrog

In related news, CRO Tali Notman sold 22,015 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $83.95, for a total value of $1,848,159.25. Following the completion of the transaction, the executive directly owned 706,629 shares of the company's stock, valued at $59,321,504.55. This represents a 3.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 15,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $94.37, for a total value of $1,415,550.00. Following the completion of the sale, the chief executive officer owned 4,577,237 shares in the company, valued at approximately $431,953,855.69. This represents 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 have sold 938,649 shares of company stock valued at $76,347,827. Company insiders own 11.80% of the company's stock.

Institutional Investors Weigh In On JFrog

A number of hedge funds and other institutional investors have recently modified their holdings of FROG. Snowden Capital Advisors LLC lifted its holdings in shares of JFrog by 1.7% during the second quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company's stock valued at $666,000 after acquiring an additional 253 shares during the period. Oppenheimer Asset Management Inc. boosted its position in JFrog by 2.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company's stock valued at $948,000 after buying an additional 299 shares in the last quarter. Praxis Investment Management Inc. grew its stake in JFrog by 8.0% during the first quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company's stock worth $208,000 after buying an additional 330 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of JFrog by 5.8% during the third quarter. Integrated Wealth Concepts LLC now owns 6,897 shares of the company's stock worth $326,000 after buying an additional 377 shares in the last quarter. Finally, Millstone Evans Group LLC raised its stake in shares of JFrog by 242.6% in the first quarter. Millstone Evans Group LLC now owns 603 shares of the company's stock valued at $28,000 after acquiring an additional 427 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors.

Key Stories Impacting JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Q2 results exceeded expectations: JFrog reported adjusted earnings of $0.27 per share versus the $0.24 consensus estimate. Revenue rose 28.7% year over year to $163.8 million, above both analyst expectations of $155.6 million and management’s prior guidance of $154 million to $156 million. JFrog Q2 earnings and revenue estimates
• Positive Sentiment: Cloud growth and customer expansion were strong: Cloud revenue increased 53% to $87.5 million, representing 53% of total revenue. JFrog also reported 97 customers generating more than $1 million in annual recurring revenue and 121% trailing-four-quarter net dollar retention, indicating expansion within its customer base. JFrog Q2 results and outlook
• Positive Sentiment: Management raised its outlook: Fiscal 2026 revenue guidance increased to $648 million–$652 million from $628 million–$632 million, while adjusted EPS guidance rose to $0.96–$1.00 from $0.93–$0.97. Third-quarter revenue and EPS guidance also came in above consensus estimates, supporting expectations for continued growth. JFrog Q2 2026 earnings call transcript
• Positive Sentiment: Sector sentiment provided an additional lift: JFrog was among several software stocks rising after a series of solid earnings reports reduced investor concerns about AI-related disruption. Software stocks and market movers
• Negative Sentiment: Insider selling remains a risk signal: Quiver data shows 77 open-market insider sales and no purchases over the past six months, including sales by senior executives. These transactions may reflect compensation or diversification, but they could temper enthusiasm after the earnings-driven rally. JFrog insider trading data

About JFrog

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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