JFrog (NASDAQ:FROG) Price Target Raised to $90.00

JFrog (NASDAQ:FROG) had its target price boosted by research analysts at Piper Sandler from $65.00 to $90.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler’s price target indicates a potential upside of 2.26% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Oppenheimer upped their price target on JFrog from $105.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday. Raymond James Financial reissued an “outperform” rating on shares of JFrog in a research report on Wednesday, July 22nd. Truist Financial raised their price objective on shares of JFrog from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday. Morgan Stanley set a $100.00 target price on shares of JFrog in a research note on Friday. Finally, Guggenheim reiterated a “buy” rating and issued a $115.00 target price on shares of JFrog in a report on Friday. Twenty-one 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $99.62.

JFrog Stock Performance

Shares of NASDAQ:FROG traded up $4.97 during midday trading on Friday, hitting $88.01. The company’s stock had a trading volume of 1,795,165 shares, compared to its average volume of 3,013,785. The business’s 50 day simple moving average is $84.96 and its 200 day simple moving average is $62.93. The company has a market cap of $10.66 billion, a P/E ratio of -165.73 and a beta of 1.22. JFrog has a 12-month low of $34.05 and a 12-month high of $99.22.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. The company had revenue of $163.77 million during the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. JFrog’s revenue was up 28.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. On average, sell-side analysts predict that JFrog will post -0.15 earnings per share for the current fiscal year.

Insider Transactions at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 15,000 shares of the stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $94.37, for a total transaction of $1,415,550.00. Following the completion of the transaction, the chief executive officer owned 4,577,237 shares of the company’s stock, valued at $431,953,855.69. This trade represents a 0.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry Zwarenstein sold 1,250 shares of JFrog stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $80.10, for a total transaction of $100,125.00. Following the sale, the director owned 31,687 shares of the company’s stock, valued at approximately $2,538,128.70. This represents a 3.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 938,649 shares of company stock worth $76,347,827 in the last 90 days. Insiders own 11.80% of the company’s stock.

Hedge Funds Weigh In On JFrog

Several large investors have recently made changes to their positions in FROG. UBS Group AG grew its holdings in shares of JFrog by 293.8% during the fourth quarter. UBS Group AG now owns 296,419 shares of the company’s stock worth $18,514,000 after purchasing an additional 221,155 shares during the last quarter. Summit Partners Public Asset Management LLC boosted its position in shares of JFrog by 77.8% in the 4th quarter. Summit Partners Public Asset Management LLC now owns 1,587,525 shares of the company’s stock valued at $99,157,000 after purchasing an additional 694,700 shares during the period. Dana Investment Advisors Inc. purchased a new position in JFrog during the 4th quarter worth approximately $2,013,000. Robeco Schweiz AG acquired a new position in JFrog during the fourth quarter worth approximately $11,293,000. Finally, AMJ Financial Wealth Management purchased a new stake in JFrog in the fourth quarter valued at approximately $4,077,000. 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: Q2 results exceeded expectations: JFrog reported adjusted earnings of $0.27 per share versus the $0.24 consensus estimate. Revenue rose 28.7% year over year to $163.77 million, surpassing expectations of $155.63 million. JFrog Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Raised full-year outlook: Management lifted fiscal 2026 revenue guidance to $648 million-$652 million from $628 million-$632 million and adjusted EPS guidance to $0.96-$1.00 from $0.93-$0.97. Both ranges are above analyst expectations. Third-quarter guidance of $164 million-$166 million in revenue and $0.22-$0.24 in EPS also exceeded consensus estimates. JFrog Q2 Results and Outlook
• Positive Sentiment: Cloud and customer metrics remained strong: Cloud revenue increased 53% year over year to $87.5 million, representing 53% of total revenue. JFrog also reported 97 customers generating more than $1 million in annual recurring revenue and 121% trailing-four-quarter net dollar retention, supporting expectations for continued expansion.
• Positive Sentiment: Analyst sentiment improved: BTIG Research raised its price target from $100 to $115 and Truist Financial increased its target from $105 to $110; both firms assigned a Buy rating. The new targets imply further upside based on recent trading levels. Benzinga analyst target updates
• Neutral Sentiment: Broader software stocks also advanced as solid earnings reports eased concerns about artificial-intelligence disruption, providing a favorable sector backdrop for FROG. Stocks Explaining Today’s Market
• Negative Sentiment: JFrog continues to report a negative net margin and negative return on equity. In addition, reported insider activity shows substantial selling and no open-market purchases over the past six months, which may temper investor enthusiasm.

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.