JFrog Ltd. (NASDAQ:FROG) Receives $76.63 Average PT from Brokerages

Shares of JFrog Ltd. (NASDAQ:FROG) have received an average recommendation of “Moderate Buy” from the twenty brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eighteen have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $76.6316.

Several equities analysts have recently issued reports on the company. Stifel Nicolaus upped their price target on JFrog from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Barclays upped their price target on JFrog from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Truist Financial upped 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. DA Davidson set a $90.00 price target on JFrog in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. increased their target price on JFrog from $68.00 to $76.00 and gave the company an “overweight” rating in a research note on Friday, May 8th.

Insider Buying and Selling at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 48,763 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $75.04, for a total value of $3,659,175.52. Following the transaction, the chief executive officer owned 4,845,601 shares of the company’s stock, valued at approximately $363,613,899.04. This represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $85.84, for a total value of $10,300,800.00. Following the completion of the transaction, the director directly owned 3,224,328 shares in the company, valued at $276,776,315.52. The trade was a 3.59% 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. Over the last quarter, insiders have sold 633,678 shares of company stock valued at $42,708,005. 11.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On JFrog

Hedge funds have recently added to or reduced their stakes in the stock. Millstone Evans Group LLC lifted its stake in JFrog by 242.6% in the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after buying an additional 427 shares during the period. Blue Trust Inc. bought a new stake in shares of JFrog in the fourth quarter worth about $30,000. Western Wealth Management LLC bought a new stake in shares of JFrog in the first quarter worth about $30,000. Bessemer Group Inc. bought a new stake in shares of JFrog in the first quarter worth about $36,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after acquiring an additional 478 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

JFrog Stock Down 4.8%

Shares of FROG opened at $83.86 on Monday. JFrog has a 12-month low of $34.05 and a 12-month high of $89.16. The firm has a market capitalization of $10.16 billion, a PE ratio of -158.23 and a beta of 1.23. The stock’s fifty day simple moving average is $56.81 and its 200-day simple moving average is $55.67.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business had revenue of $153.98 million for the quarter, compared to analyst estimates of $147.45 million. During the same quarter in the prior year, the firm posted $0.20 earnings per share. 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. Analysts anticipate that JFrog will post -0.17 EPS for the current year.

About JFrog

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.