JFrog (NASDAQ:FROG) Updates Q2 2026 Earnings Guidance

JFrog (NASDAQ:FROG) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.230-0.25 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $154.0 million-$156.0 million, compared to the consensus revenue estimate of $151.7 million. JFrog also updated its FY 2026 guidance to 0.930-0.970 EPS.

Analysts Set New Price Targets

FROG has been the topic of a number of research reports. Evercore set a $80.00 price objective on shares of JFrog in a research note on Thursday, February 26th. KeyCorp reissued an “overweight” rating and issued a $83.00 price objective on shares of JFrog in a research note on Friday. Piper Sandler lowered their price objective on shares of JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. TD Cowen lowered their price objective on shares of JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Finally, Truist Financial increased their price objective on shares of JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Friday. Eighteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $74.47.

JFrog Price Performance

JFrog stock opened at $70.55 on Friday. JFrog has a 12-month low of $34.05 and a 12-month high of $72.06. The stock has a market capitalization of $8.55 billion, a P/E ratio of -133.11 and a beta of 1.02. The firm’s 50-day moving average is $44.84 and its two-hundred day moving average is $52.80.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.70%. The company had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. During the same period last year, the company earned $0.20 EPS. The firm’s revenue for the quarter was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, analysts forecast that JFrog will post -0.21 EPS for the current year.

Insider Buying and Selling at JFrog

In other news, Director Frederic Simon sold 55,000 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $48.34, for a total transaction of $2,658,700.00. Following the transaction, the director directly owned 3,483,286 shares in the company, valued at $168,382,045.24. This represents a 1.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ben Haim Shlomi sold 71,841 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $40.15, for a total transaction of $2,884,416.15. Following the transaction, the chief executive officer owned 4,815,612 shares in the company, valued at approximately $193,346,821.80. The trade was a 1.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 320,003 shares of company stock worth $14,194,781. 11.80% of the stock is currently owned by insiders.

Key JFrog News

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported Q1 revenue of about $154.0 million and non-GAAP EPS of $0.27, both ahead of estimates, signaling continued execution and healthy growth. JFrog Announces First Quarter 2026 Results
• Positive Sentiment: The company raised its Q2 2026 outlook to EPS of $0.23-$0.25 and revenue of $154 million-$156 million, both above consensus, which supports expectations for accelerating near-term performance. JFrog forecasts $628M-$632M FY 2026 revenue as cloud mix passes 50%
• Positive Sentiment: JFrog lifted full-year 2026 guidance to EPS of $0.93-$0.97 and revenue of $628 million-$632 million, reinforcing the view that momentum is improving into the rest of the year. JFrog Ltd. (FROG) Q1 2026 Earnings Call Transcript
• Positive Sentiment: Several analysts turned more bullish after the report, with JPMorgan, BTIG and Needham raising price targets, which can add to investor confidence and buying pressure. Analyst price target updates
• Neutral Sentiment: Coverage also highlighted JFrog as a way to play demand tied to AI development tools, an ongoing narrative that could support the stock if cloud usage continues to accelerate. JFrog emerges as prime way to play AI coding agent demand: analysts

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB grew its stake in JFrog by 1,086.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock worth $60,000 after buying an additional 1,152 shares during the period. PNC Financial Services Group Inc. grew its stake in JFrog by 52.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,789 shares of the company’s stock worth $112,000 after buying an additional 615 shares during the period. Tower Research Capital LLC TRC grew its stake in JFrog by 7,185.4% during the second quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock worth $131,000 after buying an additional 2,946 shares during the period. Acadian Asset Management LLC purchased a new stake in JFrog during the first quarter worth approximately $162,000. Finally, Headlands Technologies LLC purchased a new stake in JFrog during the second quarter worth approximately $181,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

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.