JFrog (NASDAQ:FROG) Trading Up 9.2% - Should You Buy?

Key Points

• JFrog shares rose 9.2% to $93.93 in Thursday trading, although volume was 47% below the average session level.
• Recent quarterly results exceeded expectations: adjusted EPS was $0.27 versus estimates of $0.24, revenue reached $163.77 million, and sales grew 28.7% year over year. The company also issued fiscal 2026 EPS guidance of $0.96–$1.00.
• Analyst sentiment remains favorable, with 21 Buy ratings, one Hold and one Sell, producing a “Moderate Buy” consensus and an average price target of $105.81. However, insiders sold $65.4 million of shares over the past 90 days, while institutional investors own 85.02% of the stock.

JFrog Ltd. (NASDAQ:FROG - Get Free Report)'s share price was up 9.2% during trading on Thursday . The company traded as high as $92.91 and last traded at $93.93. 1,579,716 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 3,004,772 shares. The stock had previously closed at $86.04.

Wall Street Analyst Weigh In

FROG has been the subject of a number of recent analyst reports. DA Davidson increased their target price on shares of JFrog from $90.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Barclays reaffirmed an "overweight" rating and issued a $110.00 price objective on shares of JFrog in a research note on Friday, August 7th. Morgan Stanley set a $100.00 target price on shares of JFrog in a research note on Friday, August 7th. Citigroup reiterated a "buy" rating on shares of JFrog in a report on Monday, June 8th. Finally, KeyCorp upped their target price on JFrog from $89.00 to $114.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Twenty-one research 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 data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $105.81.

JFrog Stock Performance

The company has a market capitalization of $11.64 billion, a price-to-earnings ratio of -254.72 and a beta of 1.22. The company has a 50 day moving average price of $85.16 and a 200 day moving average price of $63.81.

JFrog (NASDAQ:FROG - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. JFrog had a negative return on equity of 2.76% and a negative net margin of 7.35%.The business had revenue of $163.77 million for the quarter, compared to the consensus estimate of $155.63 million. During the same period in the prior year, the business earned $0.18 EPS. The firm'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. Research analysts forecast that JFrog Ltd. will post -0.15 EPS for the current year.

Insider Buying and Selling at JFrog

In other news, CTO Yoav Landman sold 150,000 shares of JFrog stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $89.99, for a total transaction of $13,498,500.00. Following the completion of the transaction, the chief technology officer directly owned 5,539,038 shares in the company, valued at $498,458,029.62. This trade represents a 2.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the business's stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the sale, the chief executive officer directly owned 4,658,236 shares of the company's stock, valued at approximately $394,086,765.60. The trade was a 1.96% 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. Insiders sold a total of 761,149 shares of company stock valued at $65,402,177 over the last ninety days. 11.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On JFrog

Several institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its stake in shares of JFrog by 48.4% in the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company's stock worth $6,053,000 after acquiring an additional 61,685 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in JFrog in the 1st quarter valued at about $205,000. AQR Capital Management LLC bought a new position in shares of JFrog during the 1st quarter worth approximately $368,000. Integrated Wealth Concepts LLC purchased a new position in shares of JFrog in the 1st quarter worth approximately $203,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of JFrog by 14.7% in the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company's stock valued at $22,173,000 after acquiring an additional 88,784 shares in the last quarter. Institutional investors 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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