JFrog’s (FROG) “Buy” Rating Reaffirmed at BTIG Research

JFrog (NASDAQ:FROG)‘s stock had its “buy” rating reaffirmed by stock analysts at BTIG Research in a report issued on Friday, Benzinga reports. They currently have a $115.00 target price on the stock. BTIG Research’s price target indicates a potential upside of 26.92% from the stock’s current price.

Several other research analysts also recently weighed in on FROG. Oppenheimer lifted their target price on JFrog from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Citigroup reaffirmed a “buy” rating on shares of JFrog in a report on Monday, June 8th. Cantor Fitzgerald boosted their target price on JFrog from $80.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Wall Street Zen lowered shares of JFrog from a “buy” rating to a “hold” rating in a research report on Sunday, August 23rd. Finally, DA Davidson raised their target price on shares of JFrog from $90.00 to $115.00 and gave the company a “buy” rating in a report on Friday, August 7th. Twenty-two 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 company currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.36.

JFrog Trading Down 1.2%

Shares of NASDAQ FROG opened at $90.61 on Friday. The stock has a market cap of $11.17 billion, a P/E ratio of -244.89 and a beta of 1.28. JFrog has a twelve month low of $34.05 and a twelve month high of $105.76. The stock has a 50 day moving average of $89.29 and a two-hundred day moving average of $68.29.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. The company had revenue of $163.77 million for the quarter, compared to the consensus estimate of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. JFrog’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same period last year, the firm posted $0.18 EPS. 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, research analysts predict that JFrog will post -0.11 earnings per share for the current year.

Insider Buying and Selling at JFrog

In other JFrog news, CEO Shlomi Ben Haim sold 93,072 shares of JFrog stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $84.60, for a total value of $7,873,891.20. Following the completion of the sale, the chief executive officer directly owned 4,658,236 shares of the company’s stock, valued at approximately $394,086,765.60. The trade was a 1.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 on Thursday, August 13th. The stock was sold at an average price of $90.86, for a total value of $10,903,200.00. Following the transaction, the director directly owned 2,984,328 shares in the company, valued at approximately $271,156,042.08. This represents a 3.87% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 959,357 shares of company stock worth $89,008,797. Corporate insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

A number of institutional investors and hedge funds have recently made changes to their positions in FROG. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in JFrog in the second quarter valued at $1,427,000. California State Teachers Retirement System increased its stake in JFrog by 9,666.3% during the second quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock worth $985,121,000 after acquiring an additional 10,728,811 shares during the last quarter. Comprehensive Financial Planning Inc. PA acquired a new position in shares of JFrog in the 2nd quarter valued at about $363,000. Wellington Management Group LLP acquired a new stake in JFrog during the 2nd quarter worth approximately $69,951,000. Finally, American Capital Management Inc. purchased a new position in JFrog in the second quarter valued at approximately $1,225,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

JFrog News Summary

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: TD Cowen, RBC and Needham reaffirmed bullish ratings on JFrog, with price targets of $120, $118 and $115, respectively. These targets imply meaningful upside from the stock’s recent level near $90.61 and reflect confidence in JFrog’s software-supply-chain and AI growth opportunities.
• Positive Sentiment: JFrog announced a partnership with Wiz to address AI-era software-supply-chain threats. It also promoted zero-touch remediation, continuous compliance and security tools for agentic workforces, potentially expanding its addressable market and strengthening demand for its platform. JFrog and Wiz partnership announcement
• Positive Sentiment: The company’s latest quarterly results showed 28.7% year-over-year revenue growth, revenue of $163.77 million versus a $155.63 million consensus estimate, and adjusted EPS of $0.27 versus expectations of $0.24. JFrog also provided fiscal-year 2026 EPS guidance of $0.96 to $1.00.
• Neutral Sentiment: Director Frederic Simon sold 120,000 shares for approximately $11.2 million under a pre-arranged Rule 10b5-1 plan. CEO Shlomi Ben Haim sold roughly $3.4 million of stock to cover tax withholding on vested equity awards. Both continue to own substantial stakes, making the transactions less clearly bearish. JFrog insider transaction filing
• Negative Sentiment: Security researchers reported that attackers are exploiting a critical JFrog Artifactory flaw to forge administrative tokens and potentially obtain elevated privileges. The incident could increase customer security concerns, remediation costs, liability risk and scrutiny of JFrog’s products. Report on exploited JFrog Artifactory vulnerability
• Negative Sentiment: A separate report said JFrog CTO Yoav Landman sold approximately $25.1 million in shares. Although the sale may have been conducted under an established trading plan, multiple large insider sales could pressure investor sentiment, particularly with FROG trading well above its 200-day moving average.

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.