JFrog (NASDAQ:FROG) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of JFrog (NASDAQ:FROG) from a buy rating to a hold rating in a research report report published on Sunday.

A number of other equities research analysts also recently weighed in on FROG. Barclays restated an “overweight” rating and set a $110.00 target price on shares of JFrog in a research report on Friday, August 7th. TD Cowen raised their price target on JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. lifted their price objective on JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Oppenheimer boosted their price objective on JFrog from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Finally, Bank of America upped their target price on shares of JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $106.36.

JFrog Price Performance

FROG opened at $89.48 on Friday. The stock has a market capitalization of $11.03 billion, a P/E ratio of -241.83 and a beta of 1.22. The company’s 50 day simple moving average is $87.11 and its 200-day simple moving average is $66.09. JFrog has a one year low of $34.05 and a one year high of $99.22.

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

Insider Buying and Selling

In other JFrog news, CEO Ben Haim Shlomi sold 15,000 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $91.00, for a total value of $1,365,000.00. Following the transaction, the chief executive officer owned 4,562,237 shares of the company’s stock, valued at approximately $415,163,567. This represents a 0.33% 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, CTO Yoav Landman sold 45,000 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $90.86, for a total value of $4,088,700.00. Following the transaction, the chief technology officer owned 5,448,338 shares in the company, valued at approximately $495,035,990.68. This trade represents a 0.82% decrease in their position. 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 ninety days, insiders have sold 875,334 shares of company stock worth $76,586,337. Company insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System increased its stake in JFrog by 9,666.3% in the second quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock valued at $985,121,000 after purchasing an additional 10,728,811 shares in the last quarter. First Trust Advisors LP boosted its position in shares of JFrog by 85,066.4% during the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock worth $157,796,000 after purchasing an additional 3,358,422 shares in the last quarter. Wasatch Advisors LP grew its holdings in shares of JFrog by 187.4% in the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock valued at $195,043,000 after buying an additional 2,710,167 shares during the period. Whale Rock Capital Management LLC grew its holdings in shares of JFrog by 82.2% in the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after buying an additional 2,389,415 shares during the period. Finally, Invesco Ltd. increased its position in shares of JFrog by 6,868.3% in the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after buying an additional 2,073,876 shares in the last quarter. 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.