JFrog (NASDAQ:FROG) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of JFrog (NASDAQ:FROG) from a buy rating to a hold rating in a research note issued to investors on Sunday.

Several other research analysts have also recently weighed in on FROG. Cantor Fitzgerald increased their price objective on JFrog from $80.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Needham & Company LLC boosted their price objective on shares of JFrog from $80.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Raymond James Financial set a $120.00 target price on shares of JFrog in a report on Friday, August 7th. Piper Sandler increased their price target on JFrog from $65.00 to $90.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, KeyCorp raised their price objective on shares of JFrog from $89.00 to $114.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $105.81.

JFrog Price Performance

NASDAQ:FROG opened at $92.13 on Friday. The firm has a market capitalization of $11.36 billion, a price-to-earnings ratio of -248.99 and a beta of 1.22. JFrog has a 12-month low of $34.05 and a 12-month high of $99.22. The stock’s 50 day moving average price is $86.70 and its two-hundred day moving average price is $65.56.

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

Insiders Place Their Bets

In other news, CTO Yoav Landman sold 150,000 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $89.99, for a total transaction of $13,498,500.00. Following the completion of the sale, the chief technology officer owned 5,539,038 shares of the company’s stock, valued at $498,458,029.62. This trade represents a 2.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the transaction, the chief executive officer directly owned 4,658,236 shares in the company, valued at approximately $394,086,765.60. This represents a 1.96% 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. In the last three months, insiders have sold 924,097 shares of company stock worth $80,245,512. Corporate insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FROG. First Trust Advisors LP lifted its position in JFrog by 85,066.4% in the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after acquiring an additional 3,358,422 shares in the last quarter. Wasatch Advisors LP grew its stake in 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 purchasing an additional 2,710,167 shares during the period. Whale Rock Capital Management LLC grew its position in JFrog by 82.2% during the fourth 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. Invesco Ltd. grew its position in shares of JFrog by 6,868.3% during the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after acquiring an additional 2,073,876 shares during the period. Finally, Swedbank AB bought a new position in JFrog during the first quarter valued at $78,872,000. 85.02% of the stock is owned by institutional investors.

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.