JFrog (NASDAQ:FROG) Price Target Raised to $95.00

JFrog (NASDAQ:FROG) had its price target upped by stock analysts at Canaccord Genuity Group from $78.00 to $95.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 15.29% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Guggenheim upped their price objective on shares of JFrog from $80.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, July 17th. UBS Group raised their target price on JFrog from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Raymond James Financial reaffirmed an “outperform” rating on shares of JFrog in a research report on Wednesday, July 22nd. Truist Financial upped their price target on JFrog from $80.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Benchmark reiterated a “buy” rating on shares of JFrog in a report on Wednesday, July 29th. Twenty-one research 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. Based on data from MarketBeat.com, JFrog has a consensus rating of “Moderate Buy” and an average target price of $91.19.

JFrog Stock Up 3.3%

Shares of NASDAQ FROG opened at $82.40 on Tuesday. The firm’s fifty day moving average is $84.22 and its 200 day moving average is $62.34. JFrog has a 52 week low of $34.05 and a 52 week high of $99.22. The company has a market cap of $9.98 billion, a price-to-earnings ratio of -155.47 and a beta of 1.22.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm’s revenue for the quarter was up 25.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.20 EPS. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Equities research analysts anticipate that JFrog will post -0.15 earnings per share for the current year.

Insider Buying and Selling at JFrog

In other news, CTO Yoav Landman sold 45,000 shares of the business’s stock in a transaction on Friday, July 17th. The shares were sold at an average price of $87.23, for a total transaction of $3,925,350.00. Following the sale, the chief technology officer owned 5,493,338 shares in the company, valued at approximately $479,183,873.74. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 15,000 shares of the company’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $94.37, for a total transaction of $1,415,550.00. Following the completion of the sale, the chief executive officer directly owned 4,577,237 shares in the company, valued at $431,953,855.69. This represents a 0.33% 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. In the last 90 days, insiders sold 963,649 shares of company stock worth $77,654,577. Insiders own 11.80% of the company’s stock.

Hedge Funds Weigh In On JFrog

Several large investors have recently made changes to their positions in FROG. Vanguard Group Inc. boosted its position in shares of JFrog by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company’s stock worth $593,734,000 after purchasing an additional 362,654 shares in the last quarter. Whale Rock Capital Management LLC increased its position in JFrog by 82.2% during the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after buying an additional 2,389,415 shares in the last quarter. Wasatch Advisors LP increased its position in JFrog by 187.4% during 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 in the last quarter. First Trust Advisors LP raised its stake in JFrog by 85,066.4% during the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after buying an additional 3,358,422 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in JFrog by 30.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock valued at $167,590,000 after buying an additional 633,231 shares during the last quarter. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

JFrog Company Profile

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.