Truist Financial Issues Positive Forecast for JFrog (NASDAQ:FROG) Stock Price

JFrog (NASDAQ:FROG) had its price target lifted by Truist Financial from $115.00 to $120.00 in a research report report published on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

FROG has been the topic of a number of other research reports. JPMorgan Chase & Co. lifted their price target on shares of JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Oppenheimer increased their price objective on shares of JFrog from $115.00 to $125.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 28th. Guggenheim raised their price objective on shares of JFrog from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Friday. Needham & Company LLC reaffirmed a “buy” rating and issued a $115.00 price objective on shares of JFrog in a research report on Thursday, September 3rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $118.00 target price on shares of JFrog in a research note on Thursday, September 3rd. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.19.

JFrog Stock Performance

FROG stock traded up $26.36 during midday trading on Friday, hitting $100.98. 7,028,737 shares of the company’s stock were exchanged, compared to its average volume of 1,776,768. JFrog has a one year low of $34.05 and a one year high of $105.76. 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 fifty day moving average price is $93.42 and its 200-day moving average price is $72.58.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results 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. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The company had revenue of $179.17 million during the quarter, compared to the consensus estimate of $165.92 million. During the same period in the prior year, the company earned $0.22 earnings per share. The company’s revenue for the quarter was up 30.9% compared to the same quarter last year. On average, analysts expect that JFrog will post -0.11 EPS for the current year.

Insider Buying and Selling

In related news, CEO Shlomi Ben Haim sold 15,000 shares of the firm’s stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $97.52, for a total value of $1,462,800.00. Following the completion of the transaction, the chief executive officer owned 4,434,305 shares of the company’s stock, valued at approximately $432,433,423.60. This trade represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $97.24, for a total transaction of $11,668,800.00. Following the completion of the sale, the director owned 2,744,328 shares in the company, valued at $266,858,454.72. The trade was a 4.19% 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 sold 900,453 shares of company stock valued at $85,299,266 over the last ninety days. Insiders own 11.80% of the company’s stock.

Hedge Funds Weigh In On JFrog

Several hedge funds have recently modified their holdings of FROG. Congress Asset Management Co. boosted its position in 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 purchasing an additional 178,310 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in JFrog in the second quarter valued at approximately $1,427,000. Wellington Management Group LLP acquired a new position in shares of JFrog during the 2nd quarter worth approximately $69,951,000. American Capital Management Inc. acquired a new position in shares of JFrog during the 2nd quarter worth approximately $1,225,000. Finally, Sei Investments Co. raised its stake in shares of JFrog by 169.0% during the 1st quarter. Sei Investments Co. now owns 468,861 shares of the company’s stock worth $22,004,000 after purchasing an additional 294,547 shares in the last quarter. Institutional investors own 85.02% of the company’s stock.

Key Stories Impacting JFrog

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.

About JFrog

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.