JFrog (NASDAQ:FROG) Shares Gap Up After Analyst Upgrade

JFrog Ltd. (NASDAQ:FROG) gapped up prior to trading on Tuesday after UBS Group upgraded the stock from a neutral rating to a buy rating. The stock had previously closed at $42.64, but opened at $44.27. UBS Group now has a $60.00 price target on the stock. JFrog shares last traded at $43.5850, with a volume of 477,276 shares.

Several other equities analysts also recently commented on FROG. BTIG Research lowered their price objective on shares of JFrog from $83.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, February 13th. TD Cowen boosted their price target on JFrog from $75.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 13th. William Blair reiterated an “outperform” rating on shares of JFrog in a report on Monday, February 23rd. DA Davidson cut their price objective on JFrog from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Finally, Piper Sandler reduced their target price on JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Eighteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.05.

Insider Activity at JFrog

In other JFrog news, CRO Tali Notman sold 21,097 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $41.28, for a total value of $870,884.16. Following the completion of the transaction, the executive owned 752,598 shares in the company, valued at approximately $31,067,245.44. This represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ben Haim Shlomi sold 25,363 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $41.50, for a total transaction of $1,052,564.50. Following the completion of the sale, the chief executive officer directly owned 4,790,249 shares in the company, valued at $198,795,333.50. This represents a 0.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 351,960 shares of company stock valued at $17,367,657 over the last ninety days. Insiders own 14.10% of the company’s stock.

Institutional Trading of JFrog

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Public Sector Pension Investment Board bought a new position in shares of JFrog during the third quarter valued at $3,247,000. HighTower Advisors LLC boosted its stake in JFrog by 452.1% in the 3rd quarter. HighTower Advisors LLC now owns 56,821 shares of the company’s stock worth $2,689,000 after purchasing an additional 46,529 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in JFrog by 3,033.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock worth $12,775,000 after purchasing an additional 281,844 shares in the last quarter. Federated Hermes Inc. purchased a new stake in JFrog during the 3rd quarter valued at about $6,697,000. Finally, Wilson Asset Management International PTY Ltd. purchased a new stake in JFrog during the 3rd quarter valued at about $3,133,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Trading Up 2.0%

The firm has a market capitalization of $5.20 billion, a P/E ratio of -69.74 and a beta of 1.20. The business’s 50 day simple moving average is $48.34 and its two-hundred day simple moving average is $53.21.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The firm had revenue of $145.31 million for the quarter, compared to the consensus estimate of $138.09 million. During the same quarter in the prior year, the firm posted $0.19 earnings per share. The business’s revenue was up 25.2% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Analysts predict that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

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.