JFrog (NASDAQ:FROG) Price Target Raised to $125.00

JFrog (NASDAQ:FROG) had its price target hoisted by Oppenheimer from $115.00 to $125.00 in a research report sent to investors on Wednesday, MarketBeat.com reports. The firm currently has an outperform rating on the stock.

A number of other research analysts also recently commented on the company. Guggenheim increased their price target on JFrog from $105.00 to $115.00 and gave the company a “buy” rating in a report on Friday, August 7th. Canaccord Genuity Group set a $105.00 price objective on JFrog in a research report on Friday, August 7th. Wall Street Zen downgraded JFrog from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. TD Cowen reiterated a “buy” rating and issued a $120.00 target price on shares of JFrog in a report on Thursday, September 3rd. Finally, Barclays restated an “overweight” rating and set a $110.00 price target on shares of JFrog in a report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $109.95.

JFrog Stock Performance

Shares of FROG opened at $94.39 on Wednesday. JFrog has a 1 year low of $34.05 and a 1 year high of $105.76. The company has a market capitalization of $11.64 billion, a price-to-earnings ratio of -255.10 and a beta of 1.24. The company’s 50 day simple moving average is $94.08 and its 200 day simple moving average is $71.84.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The business had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. During the same quarter in the previous year, the business earned $0.18 earnings per share. The business’s revenue for the quarter 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. Equities analysts expect that JFrog will post -0.11 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Frederic Simon sold 120,000 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $97.24, for a total value of $11,668,800.00. Following the sale, the director directly owned 2,744,328 shares of the company’s stock, valued at approximately $266,858,454.72. This represents a 4.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Shlomi Ben Haim sold 15,000 shares of JFrog stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $97.52, for a total transaction of $1,462,800.00. Following the sale, the chief executive officer directly owned 4,434,305 shares of the company’s stock, valued at $432,433,423.60. The trade was a 0.34% decrease in their position. 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 915,453 shares of company stock valued at $86,664,266 in the last quarter. 11.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Millstone Evans Group LLC boosted its stake in JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after buying an additional 427 shares during the period. Allworth Financial LP lifted its holdings in shares of JFrog by 83.1% during the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock worth $59,000 after purchasing an additional 294 shares during the period. Western Wealth Management LLC purchased a new stake in shares of JFrog during the 1st quarter worth $30,000. Bessemer Group Inc. acquired a new position in JFrog during the first quarter worth $36,000. Finally, GK Wealth Management LLC acquired a new stake in JFrog in the 3rd quarter valued at about $74,000. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

JFrog Company Profile

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.