JFrog (NASDAQ:FROG) Updates Q1 2026 Earnings Guidance

JFrog (NASDAQ:FROG) updated its first quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.200-0.220 for the period, compared to the consensus EPS estimate of 0.090. The company issued revenue guidance of $146.0 million-$148.0 million, compared to the consensus revenue estimate of $138.0 million. JFrog also updated its FY 2026 guidance to 0.880-0.920 EPS.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. BTIG Research began coverage on shares of JFrog in a research report on Tuesday, December 16th. They set a “buy” rating and a $83.00 price target for the company. Canaccord Genuity Group raised their target price on shares of JFrog from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, November 7th. TD Cowen reaffirmed a “buy” rating on shares of JFrog in a research report on Friday, October 17th. JPMorgan Chase & Co. raised their price objective on JFrog from $55.00 to $65.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Finally, Needham & Company LLC boosted their target price on JFrog from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $65.71.

JFrog Trading Up 2.5%

Shares of NASDAQ FROG traded up $1.31 during midday trading on Thursday, reaching $53.30. The company had a trading volume of 6,044,444 shares, compared to its average volume of 2,459,864. JFrog has a 1 year low of $27.00 and a 1 year high of $70.43. The business’s 50-day simple moving average is $60.32 and its 200 day simple moving average is $53.53. The stock has a market cap of $6.31 billion, a P/E ratio of -76.14 and a beta of 1.13.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, February 12th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.28). JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Analysts predict that JFrog will post -0.33 earnings per share for the current year.

Insider Transactions at JFrog

In related news, Director Frederic Simon sold 80,000 shares of JFrog stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $61.76, for a total transaction of $4,940,800.00. Following the completion of the sale, the director owned 3,867,786 shares of the company’s stock, valued at $238,874,463.36. The trade was a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Yvonne Wassenaar sold 1,957 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $58.70, for a total value of $114,875.90. Following the completion of the sale, the director owned 20,495 shares in the company, valued at approximately $1,203,056.50. This represents a 8.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 407,814 shares of company stock valued at $24,969,260. 14.10% of the stock is owned by company insiders.

Key Headlines Impacting JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Management raised Q1 FY2026 guidance to $0.200–$0.220 EPS and revenue of $146–$148M, well above consensus — a near-term beat that supports upside to estimates. Q4 press release / slides
• Positive Sentiment: JFrog raised FY2026 guidance to $0.880–$0.920 EPS and $623–$628M revenue versus consensus ~ $0.43 EPS / $576.9M — the bigger upward revision for the full year is the key catalyst for today’s rally. Business Wire: FY2025 results
• Positive Sentiment: Q4 revenue of ~$145M (+25% YoY) and gross profit growth beat expectations, and operating cash flow remained positive — evidence of revenue momentum even as GAAP EPS was negative. Quiver: Q4 financials
• Positive Sentiment: Analyst coverage and price targets remain constructive (median target ~$70, multiple recent Buys/Overweights), and some large institutions have added positions — supportive for medium-term sentiment. Quiver: analyst/holder summary
• Neutral Sentiment: Press narratives highlight AI security and shifting growth story for JFrog, which could re-rate expectations if adoption accelerates but is still narrative-driven. Yahoo Finance: AI narrative
• Neutral Sentiment: Short-interest data in the feeds shows zeros/NaN (likely reporting anomalies) and does not provide a reliable signal today.
• Negative Sentiment: GAAP/diluted EPS missed expectations (company reported negative EPS for the quarter), and JFrog still posted an operating loss — fundamentals that limit the upside until profitability trends improve. Q4 press release / slides
• Negative Sentiment: Significant insider selling activity reported over the past six months (many disclosed sales) could concern some investors about near-term insider conviction. Quiver: insider trading
• Negative Sentiment: Total liabilities grew year‑over‑year, which investors will watch alongside cash balances as the company scales and invests in growth. Quiver: balance sheet notes

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB grew its position in shares of JFrog by 1,086.8% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock valued at $60,000 after purchasing an additional 1,152 shares during the period. PNC Financial Services Group Inc. lifted its stake in JFrog by 52.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,789 shares of the company’s stock valued at $112,000 after buying an additional 615 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in JFrog by 7,185.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock worth $131,000 after buying an additional 2,946 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in JFrog in the 1st quarter worth about $162,000. Finally, Headlands Technologies LLC purchased a new stake in JFrog during the 2nd quarter worth approximately $181,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

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.