JFrog (NASDAQ:FROG) Price Target Raised to $118.00

JFrog (NASDAQ:FROG) had its price objective boosted by investment analysts at KeyCorp from $114.00 to $118.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. KeyCorp‘s price target suggests a potential upside of 21.73% from the stock’s previous close.

A number of other equities research analysts have also recently commented on the stock. Piper Sandler raised their target price on shares of JFrog from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday. Royal Bank Of Canada restated an “outperform” rating and set a $118.00 target price on shares of JFrog in a research note on Thursday, September 3rd. Truist Financial upped their target price on shares of JFrog from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, October 21st. Stifel Nicolaus set a $102.00 price target on JFrog in a research note on Friday, September 4th. Finally, Needham & Company LLC reissued a “buy” rating and set a $115.00 price target on shares of JFrog in a report on Thursday, September 3rd. Twenty-one research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $111.57.

JFrog Stock Performance

NASDAQ:FROG opened at $96.94 on Friday. The stock has a 50-day simple moving average of $93.48 and a two-hundred day simple moving average of $72.36. JFrog has a 52-week low of $34.05 and a 52-week high of $105.76. The firm has a market capitalization of $11.95 billion, a PE ratio of -254.63 and a beta of 1.31.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.09. The firm had revenue of $179.17 million for the quarter, compared to analysts’ expectations of $165.92 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The business’s quarterly revenue was up 30.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.22 EPS. Equities analysts forecast that JFrog will post -0.11 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Shlomi Ben Haim sold 15,000 shares of the firm’s stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $97.52, for a total transaction of $1,462,800.00. Following the completion of the transaction, the chief executive officer directly owned 4,434,305 shares of the company’s stock, valued at approximately $432,433,423.60. This trade represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $97.24, for a total transaction of $11,668,800.00. Following the completion of the sale, the director owned 2,744,328 shares in the company, valued at approximately $266,858,454.72. This represents a 4.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 900,453 shares of company stock valued at $85,299,266. Company insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Millstone Evans Group LLC lifted its position in shares of JFrog by 242.6% in 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 in the last quarter. Western Wealth Management LLC bought a new position in JFrog during the first quarter valued at approximately $30,000. Bessemer Group Inc. purchased a new position in JFrog during the 1st quarter valued at approximately $36,000. Allworth Financial LP grew its holdings in JFrog by 83.1% during the 2nd quarter. Allworth Financial LP now owns 648 shares of the company’s stock valued at $59,000 after buying an additional 294 shares in the last quarter. Finally, GK Wealth Management LLC purchased a new position in JFrog during the 3rd quarter valued at approximately $74,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

More JFrog News

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported Q3 revenue of $179.2 million, up 31% year over year and above the $165.9 million analyst estimate. Non-GAAP EPS was $0.32, beating the $0.23 consensus and rising from $0.22 a year earlier. JFrog Announces Third Quarter 2026 Results
• Positive Sentiment: The company raised its FY 2026 revenue outlook to $680 million–$682 million and projected cloud baseline growth of 52%–54%, signaling stronger expected growth. The upbeat results and outlook prompted an after-hours rally. JFrog FY 2026 outlook
• Positive Sentiment: JFrog also announced expanded AI security capabilities designed to detect “Shadow AI” on developer workstations, potentially strengthening its product offering. JFrog extends AI security capabilities

About JFrog

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.