JFrog Ltd. (NASDAQ:FROG) Stock Has Consensus Target Price of $109.48

JFrog Ltd. (NASDAQ:FROG) has been given an average rating of “Moderate Buy” by the twenty-three research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and twenty-one have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $109.48.

Several brokerages have recently weighed in on FROG. Benchmark increased their target price on shares of JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a $118.00 price target on shares of JFrog in a report on Thursday, September 3rd. BTIG Research reissued a “buy” rating and issued a $115.00 price objective on shares of JFrog in a research report on Friday, September 4th. JPMorgan Chase & Co. raised their price objective on shares of JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Finally, Stifel Nicolaus set a $102.00 target price on JFrog in a research report on Friday, September 4th.

Insider Activity

In other JFrog news, Director Frederic Simon sold 120,000 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $97.24, for a total value of $11,668,800.00. Following the sale, the director owned 2,744,328 shares in the company, valued at $266,858,454.72. This trade represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 45,000 shares of JFrog stock in a transaction on Monday, October 5th. The stock was sold at an average price of $97.27, for a total value of $4,377,150.00. Following the sale, the chief technology officer owned 5,109,038 shares of the company’s stock, valued at approximately $496,956,126.26. This trade represents a 0.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 945,453 shares of company stock worth $89,114,316 in the last three months. Corporate insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Wasatch Advisors LP boosted its position in JFrog by 187.4% in the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock valued at $195,043,000 after buying an additional 2,710,167 shares during the period. First Trust Advisors LP increased its position in shares of JFrog by 85,066.4% during the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock worth $157,796,000 after acquiring an additional 3,358,422 shares during the period. Fiera Capital Corp increased its position in shares of JFrog by 37.5% during the fourth quarter. Fiera Capital Corp now owns 2,253,450 shares of the company’s stock worth $140,750,000 after acquiring an additional 614,383 shares during the period. Congress Asset Management Co. raised its stake in shares of JFrog by 14.4% during the third quarter. Congress Asset Management Co. now owns 1,420,301 shares of the company’s stock valued at $137,826,000 after acquiring an additional 178,310 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of JFrog by 48.2% during the first quarter. Bank of America Corp DE now owns 2,517,899 shares of the company’s stock valued at $118,165,000 after acquiring an additional 819,326 shares in the last quarter. 85.02% of the stock is currently owned by institutional investors.

JFrog Stock Performance

Shares of JFrog stock opened at $97.25 on Friday. The stock has a market cap of $11.99 billion, a price-to-earnings ratio of -262.83 and a beta of 1.24. The stock has a 50 day moving average price of $91.54 and a 200-day moving average price of $77.13. JFrog has a one year low of $34.05 and a one year high of $105.76.

JFrog (NASDAQ:FROG) last released its quarterly earnings results 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 return on equity of 2.71% and a negative net margin of 7.35%.JFrog’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Sell-side analysts predict that JFrog will post -0.11 earnings per share for the current fiscal year.

About JFrog

JFrog Ltd. develops a software supply chain platform that helps organizations build, manage, secure and distribute software across cloud, on-premises and hybrid environments. Its platform is designed to support DevOps and DevSecOps workflows by connecting software development, security and operations teams throughout the application lifecycle.

The company’s product portfolio includes JFrog Artifactory, a repository for storing and managing software packages and artifacts; JFrog Xray, which provides security and compliance analysis; and tools for software release automation, distribution, artifact curation and runtime protection.