Brokerages Set JFrog Ltd. (NASDAQ:FROG) Target Price at $67.63

Shares of JFrog Ltd. (NASDAQ:FROG) have been given a consensus rating of “Moderate Buy” by the twenty analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and eighteen have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $74.7368.

A number of equities research analysts recently commented on the stock. Needham & Company LLC raised their price objective on shares of JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday. TD Cowen dropped their price objective on shares of JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Raymond James Financial reiterated an “outperform” rating and issued a $70.00 price target on shares of JFrog in a research note on Thursday, February 26th. BTIG Research lifted their price target on shares of JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Friday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 price target on shares of JFrog in a research note on Wednesday, April 22nd.

JFrog Stock Down 2.2%

Shares of NASDAQ:FROG opened at $69.01 on Thursday. JFrog has a 12 month low of $34.05 and a 12 month high of $72.06. The company’s fifty day simple moving average is $46.02 and its 200 day simple moving average is $53.10. The firm has a market cap of $8.36 billion, a price-to-earnings ratio of -130.21 and a beta of 1.02.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.70%. The business had revenue of $153.98 million for the quarter, compared to analyst estimates of $147.45 million. During the same period last year, the business posted $0.20 earnings per share. The firm’s quarterly revenue was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Research analysts expect that JFrog will post -0.21 earnings per share for the current fiscal year.

Insider Transactions at JFrog

In other JFrog news, CFO Eduard Grabscheid sold 6,063 shares of JFrog stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $40.32, for a total value of $244,460.16. Following the sale, the chief financial officer directly owned 233,839 shares in the company, valued at approximately $9,428,388.48. The trade was a 2.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Tali Notman sold 21,097 shares of JFrog stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $41.28, for a total transaction of $870,884.16. Following the completion of the sale, the executive owned 752,598 shares in the company, valued at $31,067,245.44. The trade was a 2.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 320,003 shares of company stock worth $14,194,781. 11.80% of the stock is owned by insiders.

Institutional Investors Weigh In On JFrog

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Blue Trust Inc. acquired a new stake in JFrog in the 4th quarter valued at $30,000. Millstone Evans Group LLC increased its stake in JFrog by 242.6% in the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after buying an additional 427 shares during the last quarter. Farther Finance Advisors LLC increased its stake in JFrog by 318.7% in the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after buying an additional 478 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in JFrog in the 4th quarter valued at $44,000. Finally, First Horizon Corp acquired a new position in shares of JFrog during the 4th quarter worth about $47,000. 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.