JFrog (NASDAQ:FROG) Given New $110.00 Price Target at Canaccord Genuity Group

JFrog (NASDAQ:FROG) had its price objective lifted by Canaccord Genuity Group from $105.00 to $110.00 in a research report sent to investors on Friday morning,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.

FROG has been the subject of several other reports. JPMorgan Chase & Co. upped their target price on JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. KeyCorp raised their price target on JFrog from $114.00 to $118.00 and gave the company an “overweight” rating in a research note on Friday. Barclays restated an “overweight” rating and set a $110.00 price target on shares of JFrog in a research note on Friday, August 7th. Wall Street Zen lowered shares of JFrog from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Finally, Guggenheim increased their target price on shares of JFrog from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Friday. Twenty-one equities 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 company’s stock. According to data from MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and an average target price of $112.19.

JFrog Trading Up 35.3%

Shares of JFrog stock traded up $26.36 on Friday, hitting $100.98. 7,028,737 shares of the company traded hands, compared to its average volume of 1,776,768. The company has a market cap of $12.45 billion, a PE ratio of -561.00 and a beta of 1.31. The stock’s 50 day moving average price is $93.42 and its 200-day moving average price is $72.58. JFrog has a 52 week low of $34.05 and a 52 week high of $105.76.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.09. The company had revenue of $179.17 million for the quarter, compared to analysts’ expectations of $165.92 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. JFrog’s revenue was up 30.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.22 earnings per share. As a group, research analysts anticipate that JFrog will post -0.11 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CTO Yoav Landman sold 249,300 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $100.72, for a total value of $25,109,496.00. Following the completion of the transaction, the chief technology officer directly owned 5,199,038 shares of the company’s stock, valued at approximately $523,647,107.36. The trade was a 4.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 19,157 shares of the business’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $90.51, for a total value of $1,733,900.07. Following the completion of the transaction, the executive directly owned 687,472 shares of the company’s stock, valued at approximately $62,223,090.72. The trade was a 2.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 900,453 shares of company stock valued at $85,299,266. 11.80% of the stock is owned by insiders.

Hedge Funds Weigh In On JFrog

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Diversified Trust Co bought a new position in JFrog in the third quarter worth about $1,734,000. Russell Investments Group Ltd. boosted its holdings in shares of JFrog by 160.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 354,869 shares of the company’s stock valued at $34,437,000 after buying an additional 218,368 shares in the last quarter. Pier 88 Investment Partners LLC bought a new stake in shares of JFrog in the 3rd quarter valued at about $543,000. Illinois Municipal Retirement Fund bought a new stake in shares of JFrog in the 3rd quarter valued at about $3,000,000. Finally, Knights of Columbus Asset Advisors LLC grew its position in shares of JFrog by 22.3% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 27,865 shares of the company’s stock worth $2,704,000 after buying an additional 5,088 shares during the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog News Summary

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported third-quarter adjusted EPS of $0.32, above the $0.23 consensus, while revenue of $179.2 million beat expectations of $165.9 million and grew 31% year over year. JFrog Shares Rally on Outlook Boost, 3Q Beat
• Positive Sentiment: AI-driven coding activity is boosting demand for JFrog’s software tools. Reports highlight cloud revenue growth of about 60%, reinforcing the view that the company is benefiting from wider adoption of AI coding agents. JFrog Cloud Revenue Surges 60% Amid AI-Driven Software Growth
• Positive Sentiment: The company raised its 2026 revenue outlook to $680–$682 million and projected cloud baseline growth of 52%–54%, signaling continued momentum beyond the quarterly beat. JFrog Projects 2026 Revenue and Cloud Growth
• Positive Sentiment: Several firms raised price targets and kept bullish ratings: RBC to $121, Truist to $120, KeyCorp to $118 and Canaccord to $110. These revisions reflect stronger analyst expectations after the results. Truist Raises JFrog Price Target
• Negative Sentiment: Piper Sandler raised its target from $90 to $95 but maintained a neutral rating; the target remains below the stock’s recent trading level, suggesting some analysts see limited near-term upside after the rally.

JFrog Company Profile

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.