JFrog (NASDAQ:FROG) Shares Up 9.2% – Should You Buy?
by Tristan Rich · The Markets DailyJFrog Ltd. (NASDAQ:FROG – Get Free Report)’s share price was up 9.2% during mid-day trading on Thursday . The stock traded as high as $92.91 and last traded at $93.93. Approximately 1,579,716 shares traded hands during 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 Analysts Forecast Growth
A number of research analysts have weighed in on the stock. UBS Group boosted their target price on shares of JFrog from $110.00 to $120.00 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 JFrog in a research report on Friday, August 7th. Morgan Stanley set a $100.00 price objective on JFrog in a research note on Friday, August 7th. Barclays reiterated an “overweight” rating and issued a $110.00 target price on shares of JFrog in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. boosted their target price on shares of JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a report 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.81.
Check Out Our Latest Research Report on JFrog
JFrog Stock Performance
The stock’s 50 day simple moving average is $85.16 and its 200 day simple moving average is $63.81. The firm has a market cap of $11.64 billion, a PE ratio of -254.72 and a beta of 1.22.
JFrog (NASDAQ:FROG – Get Free Report) last posted its quarterly earnings data 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 7.35% and a negative return on equity of 2.76%. The company had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. During the same period in the previous year, the firm posted $0.18 EPS. The firm’s revenue was up 28.7% compared to the same quarter last year. 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, analysts anticipate that JFrog Ltd. will post -0.15 earnings per share for the current year.
Insider Transactions at JFrog
In other news, CRO Tali Notman sold 22,854 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive directly owned 728,644 shares in the company, valued at approximately $63,056,851.76. The trade was a 3.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Frederic Simon sold 120,000 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $85.84, for a total transaction of $10,300,800.00. Following the transaction, the director directly owned 3,224,328 shares in the company, valued at approximately $276,776,315.52. This represents a 3.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 761,149 shares of company stock valued at $65,402,177 over the last 90 days. 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. Millstone Evans Group LLC lifted its position in 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 purchasing an additional 427 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of JFrog in the first quarter valued at about $30,000. Bessemer Group Inc. bought a new position in shares of JFrog during the first quarter valued at about $36,000. Farther Finance Advisors LLC grew its stake in shares of JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 478 shares during the last quarter. Finally, Employees Retirement System of Texas bought a new position in JFrog during the 4th quarter valued at approximately $44,000. 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.