JFrog (NASDAQ:FROG) Releases FY 2026 Earnings Guidance

JFrog (NASDAQ:FROG) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.960-1.000 for the period, compared to the consensus earnings per share estimate of 0.730. The company issued revenue guidance of $648.0 million-$652.0 million, compared to the consensus revenue estimate of $632.5 million. JFrog also updated its Q3 2026 guidance to 0.220-0.240 EPS.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of JFrog from $75.00 to $88.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. Cantor Fitzgerald raised their price target on shares of JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday. Needham & Company LLC lifted their price target on JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Oppenheimer reissued an “outperform” rating and set a $105.00 price objective on shares of JFrog in a report on Wednesday, July 22nd. Finally, Truist Financial increased their price objective on JFrog from $80.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.19.

JFrog Stock Performance

FROG traded down $1.48 during mid-day trading on Thursday, reaching $83.04. 3,106,610 shares of the stock were exchanged, compared to its average volume of 2,130,100. JFrog has a 1 year low of $34.05 and a 1 year high of $99.22. The stock has a market capitalization of $10.06 billion, a PE ratio of -156.68 and a beta of 1.22. The company has a 50 day moving average price of $84.96 and a two-hundred day moving average price of $62.93.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The company had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. During the same period last year, the firm earned $0.18 earnings per share. The firm’s revenue was up 28.7% on a year-over-year basis. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Sell-side analysts expect that JFrog will post -0.15 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Ben Haim Shlomi sold 93,072 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the completion of the sale, the chief executive officer directly owned 4,658,236 shares of the company’s stock, valued at approximately $394,086,765.60. This trade represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 150,000 shares of JFrog stock in a transaction on Monday, June 29th. The stock was sold at an average price of $89.99, for a total value of $13,498,500.00. Following the sale, the chief technology officer owned 5,539,038 shares in the company, valued at $498,458,029.62. This trade represents a 2.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 938,649 shares of company stock valued at $76,347,827 in the last 90 days. 11.80% of the stock is currently owned by corporate insiders.

Key Headlines Impacting JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Q2 results surpassed estimates: JFrog reported adjusted EPS of $0.27 versus the $0.24 consensus estimate, while revenue rose 28.7% year over year to $163.8 million, ahead of both analyst expectations and management’s prior $154 million–$156 million forecast. JFrog quarterly earnings report
• Positive Sentiment: Cloud growth remained a key catalyst: Cloud revenue climbed 53% year over year to $87.5 million and represented 53% of total revenue. JFrog also reported 97 customers with more than $1 million in annual recurring revenue and 121% net dollar retention, signaling strong expansion among existing customers.
• Positive Sentiment: Higher guidance reinforced the bullish reaction: JFrog raised fiscal 2026 revenue guidance to $648 million–$652 million from $628 million–$632 million and adjusted EPS guidance to $0.96–$1.00 from $0.93–$0.97. Third-quarter guidance of $164 million–$166 million in revenue and $0.22–$0.24 in EPS also exceeded consensus estimates. JFrog Q2 results and outlook
• Neutral Sentiment: Analyst sentiment remains favorable, with recent Buy ratings and price targets generally ranging from $85 to $110, although the median target of $85 provides less upside than the most optimistic forecasts.
• Negative Sentiment: Insider trading data shows 77 open-market sales and no purchases by insiders during the past six months. These sales may reflect compensation or diversification, but the absence of insider buying is a potential cautionary signal.

Institutional Investors Weigh In On JFrog

A number of hedge funds have recently made changes to their positions in FROG. &PARTNERS purchased a new position in JFrog in the fourth quarter valued at approximately $236,000. Ridge Creek Global Inc bought a new stake in shares of JFrog in the fourth quarter valued at $227,000. First Trust Advisors LP bought a new stake in shares of JFrog in the fourth quarter valued at $247,000. Brooklyn Investment Group purchased a new position in shares of JFrog during the 4th quarter valued at $219,000. Finally, Cresset Asset Management LLC purchased a new position in shares of JFrog during the 3rd quarter valued at $236,000. 85.02% of the stock is currently owned by 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.