JFrog (NASDAQ:FROG) Stock Rating Upgraded by Wall Street Zen

JFrog (NASDAQ:FROG) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other research analysts have also recently weighed in on the stock. TD Cowen increased their price target on shares of JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Bank of America upped their target price on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. KeyCorp increased their target price on JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Morgan Stanley set a $100.00 price target on JFrog in a report on Friday, August 7th. Finally, Benchmark upped their price objective on JFrog from $100.00 to $120.00 and gave the company a “buy” 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, the stock has an average rating of “Moderate Buy” and a consensus price target of $105.81.

JFrog Price Performance

FROG stock opened at $96.17 on Friday. The company has a fifty day moving average price of $85.58 and a two-hundred day moving average price of $64.33. JFrog has a one year low of $34.05 and a one year high of $99.22. The stock has a market cap of $11.86 billion, a price-to-earnings ratio of -259.91 and a beta of 1.22.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The company had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The company’s revenue was up 28.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 earnings per share. 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 anticipate that JFrog will post -0.15 EPS for the current fiscal year.

Insider Buying and Selling at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 15,000 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $91.00, for a total transaction of $1,365,000.00. Following the transaction, the chief executive officer owned 4,562,237 shares in the company, valued at $415,163,567. This trade represents a 0.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry Zwarenstein sold 1,250 shares of JFrog stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $80.10, for a total value of $100,125.00. Following the completion of the transaction, the director directly owned 31,687 shares of the company’s stock, valued at $2,538,128.70. This represents a 3.80% decrease in their ownership of the stock. 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 in the last three months. Corporate insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. First Trust Advisors LP increased its holdings in JFrog by 85,066.4% in the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after buying an additional 3,358,422 shares during the period. Wasatch Advisors LP lifted its holdings in shares of JFrog by 187.4% during the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after acquiring an additional 2,710,167 shares during the period. Whale Rock Capital Management LLC boosted its position in shares of JFrog by 82.2% during the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after acquiring an additional 2,389,415 shares in the last quarter. Invesco Ltd. boosted its position in shares of JFrog by 6,868.3% during the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock worth $131,420,000 after acquiring an additional 2,073,876 shares in the last quarter. Finally, Swedbank AB bought a new position in JFrog in the first quarter valued at approximately $78,872,000. Institutional investors own 85.02% of the company’s stock.

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.